News

Malaysia’s OpenMinds boosts innovation with three new board members

Malaysian MarTech company OpenMinds Group has on Wednesday announced the election of three distinguished professionals to its board of directors, effective this May.

Singapore’s Patsnap surpasses $100M in annual recurring revenue

Patsnap, a internet protocol (IP) and research and development (R&D) intelligence company headquartered in Singapore, has announced that it has reached a significant milestone of achieving $100 million in annual recurring revenue (ARR), with 20 percent year-over-year growth in 2023.

Singapore’s Octayne secures $525,000 pre-seed funding from Wavemaker Impact

Octayne Green Fuels (Octayne), a Singapore-based farm-waste to energy venture, has on Wednesday announced it has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of tapping Southeast Asia (SEA)’s vast agricultural sector for primary feedstock to create carbon-neutral fuel alternatives for energy…

Dubai’s real estate fintech platform Stake secures $14M in Series A funding led by MEVP

Stake, a Dubai-based digital platform for real estate investment, has on Monday announced that they have raised $14 million in funding led by Middle East Venture Partners (MEVP).

India’s candi solar secures $38M funding to accelerate clean energy expansion in India and South Africa

Candi solar, a clean energy company specializing in solar power solutions for commercial and industrial (C&I) clients, has on Monday announced the successful funding round, securing $38 million in equity investment.

Healthcare AI startup Anterior secures $20M in Series A funding led by New Enterprise Associates

Anterior, the Australia-based insurtech startup, has on Monday announced the completion of a $20 million Series A funding round. The funding round was led by New Enterprise Associates (NEA), with participation from Sequoia Capital, Blue Lion Global, and Neo.

Singapore’s Supermom projects 100 percent revenue growth in 2024 amid expansion plans

Supermom, the Singapore-based parenting data network, said Tuesday it is poised for a year of remarkable expansion, forecasting a 100 percent increase in revenue for 2024 and intensifying its presence across Southeast Asia, particularly Indonesia.

Primer bolsters China presence with strategic appointments to capture growing cross-border payments demand

Primer, a global fintech firm, has on Tuesday announced key strategic appointments to meet demand of Chinese businesses looking to capture a slice of the huge cross-border payments opportunity.

Malaysia’s Deemples raises $2M from V Ventures to fuel growth and market expansion

Malaysia's golf platform Deemples has announced a $2 million investment from Singapore based corporate venture capital firm — V Ventures, to drive its growth and enrich user experience.

Indonesia’s JULO on track to disperse $650M in 2024, launch neobank

JULO, an Indonesia-based digital financial services platform, announced Tuesday that it has achieved significant loan disbursement growth and on track to disburse more than $650 million in 2024.