News

Singapore’s cryptography solution firm pQCee raises $3.9M seed round to scale quantum-safe encryption globally

Singapore-based pQCee, a post-quantum cryptography solutions firm, has raised $3.9 million in a seed funding round co-led by SGInnovate and Lotus One Investment, with participation from In Group Holdings, Wavemaker Ventures, SUTD Venture Holdings, and Apsara Investments.

Singaporean-founded Paymonade secures license to provide crypto-asset services in Europe

Singaporean-Founded Paymonade has been granted a MiCA license by Liechtenstein's Financial Market Authority (FMA) to provide regulated crypto-asset services across all 30 states of the European Economic Area under a single passportable license.

Singapore’s Crypto.com secures $400M strategic investment from Citadel Securities

Crypto.com announced Thursday a strategic $400 million investment from Citadel Securities valuing the company at $20 billion.

Singapore’s Whale raises $40M to bring Series C to $100M, targets MENA, Europe

Singapore-based enterprise AI company Whale has raised $40 million in a Series C extension, bringing its total Series C funding to $100 million, as it looks to expand operations across North America, the Middle East, and Europe.

APAC enterprises shifting AI focus from time savings to competitive advantage: LinqAlpha executive

Organisations in Asia-Pacific are moving beyond measuring artificial intelligence (AI) by time saved and are increasingly seeking differentiated insights and competitive advantages generated by AI.

Thai Aviation Industries signs airport modernization MOU with Spain’s Amadeus, UAE’s Edgewater

Thailand's Thai Aviation Industries (TAI), UAE-based Edgewater Solutions Limited, and Spain's Amadeus will jointly develop a modernization roadmap for passenger processing and airport operations across Thailand's international and regional airports.

Tighter digital rules could cut Malaysian startup VC funding by 26%: Oxford Economics

Restrictive digital regulations in Malaysia could reduce venture capital funding by 26 percent, equivalent to RM792 million ($170 million) less per year on average, period from 2026 to 2035.

Inaugural Broadband Development Summit APAC 2026 unites industry leaders in Bangkok

inaugural WBBA Broadband Development Summit APAC 2026, held in Bangkok on 14 July. Convened by the World Broadband Association (WBBA), the summit brought together the ITU, regional regulators, and leading operators – including AIS, Globe, Telkomsel, XLSmart, HKT, and China Mobile International.

UK’s Winnow acquires Singapore’s Lumitics to expand AI food waste platform in Asia-Pacific

London-based Winnow, an AI-powered food waste solution provider, has acquired Singapore's Lumitics, a food waste technology company operating in Asia-Pacific and the Middle East, the former said in a statement on Thursday, without any financial details.

Capbay collaborates with MDEC to expand $49M growth financing for Malaysia’s tech companies

Bay Smart Capital Ventures Sdn Bhd (CapBay), a Malaysian FinTech company, is collaborating with the Malaysia Digital Economy Corporation (MDEC) through the MD Technology Financing Program to expand access to growth financing for Malaysia Digital (MD) Status companies.