News
Cata raises $5.3M seed funding to expand digital platform for F&B, retail
Cata, a white-label SaaS platform for enterprise-grade branded apps, has raised $5.3 million in an oversubscribed seed funding round less than a year after its launch,
Singapore’s FORMAS.AI raises $3.98M in pre-seed round led by Vertex Ventures Southeast Asia & India
FORMAS.AI, the Singapore-based artificial intelligence (AI) design platform, has raised $3.98 million in an oversubscribed pre-seed funding round, led by Vertex Ventures Southeast Asia & India.
Hong Kong’s tech hub Cyberport, Thailand’s tech park management NSTDA to strengthen innovation
Cyberport, a digital tech hub and AI accelerator of Hong Kong, and Thailand's National Science and Technology Development Agency (NSTDA), also the management of Thailand Science Park, will enhance collaboration in innovation and technology between Hong Kong and Thailand.
Malaysia’s Tune Talk expands into e-commerce
Malaysia's mobile service firm Tune Talk has on Tuesday launched Tune Talk Shop, an in-app e-commerce platform powered by Presto.
Nokia, Blaize, Datacomm Diangraha team up to deliver hybrid AI inference across Southeast Asia
Blaize Holdings，a global artificial intelligence (AI) computing firm, has announced a three-way strategic collaboration with Nokia and PT Datacomm Diangraha to accelerate the deployment of hybrid AI inference infrastructure across Indonesia and the wider Asia-Pacific (APAC) region.
Singapore conducts study on feasibility of deploying geothermal energy systems
The Energy Market Authority (EMA) has issued a request for proposal (RFP) on Tuesday for a comprehensive study to assess the feasibility of deploying geothermal energy systems in Singapore.
Bukalapak’s revenue surges 63 percent year on year in first quarter
Indonesia's all-commerce firm PT BUKALAPAK.COM Tbk (Bukalapak) has recorded revenue of IDR 2.37 trillion ($136.78 million) in the first quarter this year, representing an increase of approximately 63 percent compared to IDR 1.46 trillion in the same period last year.
Thailand-based Cube raises $3.7M Series A funding led by Betatron Venture
Cube, a Thailand-based market data platform, announced Tuesday that it has raised a $3.7 million Series A led by Betatron Venture Partners, with continued participation from M Venture Partners and strategic angels.
Khazanah partners SC for Malaysia’s first tokenized sukuk pilot
Khazanah Nasional Berhad, in collaboration with the Securities Commission Malaysia (SC), has successfully priced Malaysia’s first tokenized sukuk with a nominal value of MYR 100 million (25.31 million), marking an important step in the application of digital technologies to support the future development of Malaysia’s domestic capital market.
Indonesia’s GoTo reports first-ever quarterly net profit, $12.7M, in strong start to 2026
Indonesian tech giant GoTo Group, known for Gojek and Tokopedia, reported a net profit of Rp171 billion for the first quarter of 2026, alongside a 63% year-on-year increase in gross transaction value (GTV) to Rp236 trillion, marking a turnaround($12.7 million) from a net loss of Rp367 billion a year earlier.
