News

Malaysia’s battery firm Econili lifts funding to $2M with Vynn Capital extension

Econili Battery New Energy, a Malaysian lithium-ion battery recycler, has raised new capital from Vynn Capital, a venture firm focused on mobility, travel, and supply chains, increasing the total funding to MYR8 million ($1.96 million).

Binance in talks for Malaysian licence after five-year absence – report

The crypto exchange is in talks on the “viability and structure of licensed business model in Malaysia”, the spokesperson added.

Krungsri Finnovate invests in Thailand’s AI company Amity, series D funding exceeds $100M

Amity, a Thailand-based AI technology group, has announced a strategic investment from Finnoventure Private Equity Trust I, a fund managed by Krungsri Finnovate, the corporate venture capital arm of Krungsri.

Animoca Brands receives ADGM final permission to manage collective investment funds

Animoca Asset Management (AD) Limited, a subsidiary of Hong Kong-based Animoca Brands, has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market, allowing it to manage collective investment funds in or from the financial center.

Singapore’s Multipolitan raises $2M seed led by EmergentX, to build global mobility platform

Multipolitan, a Singapore-registered mobility technology company, has raised $2 million in a seed round at a pre-money valuation of $25 million.

Singapore’s NSV raises $53M for inaugural biotech fund, targeting US, Asia

NeoSci Ventures (NSV), a venture builder and investor with offices in Singapore, Taiwan and the United States, has raised S$70 million ($53 million) for its inaugural institutional venture fund.

A cargo vessel undergoing hull cleaning near Singapore

Cargill and Neptune start robotic hull-cleaning trial in Singapore

Cargill and Neptune Robotics will test AI-enabled robotic hull cleaning and inspection on vessels calling at the Port of Singapore for 18 months.

Keppel connectivity revenue tops S$900 million in nine months

Keppel's connectivity technology-solutions revenue exceeded S$900 million in the first nine months of 2026 as EBITDA rose 110 percent.

Sunrate corporate logo

Sunrate launches agentic card for AI-driven business payments

Sunrate has introduced a programmable virtual commercial card that lets authorized AI agents execute business payments under predefined controls.

82 percent of founders maintain US expansion plans despite immigration uncertainty – Beyond Border survey

Despite growing uncertainty over US immigration policies, 82 percent of founders surveyed by Singapore-founded immigration platform Beyond Border have not changed their plans to expand into the American market, with access to customers remaining the main driver of their ambitions.