News

Malaysian care giving platform Kiddocare secures strategic investments in pre-series A round

Malaysia’s on-demand caregiving platform Kiddocare has announced the successful conclusion of its Pre-Series A round. Kiddocare said in a statement on Wednesday that the round included strategic investments from prominent investors, led by Artem Ventures, with participation from Gobi Partners, MSW Ventures Asia Fund X and ScaleUp Malaysia.

Indonesia launches carbon exchange to reduce carbon emissions in the country

Indonesian government has on Tuesday launched its the country's first carbon exchange IDXCarbon, to reduce Indonesia’s carbon emissions and drive Indonesia’s transition to reach net zero emissions by 2060. ACX (AirCarbon Exchange) which is operating its proprietary regulated environmental asset trading platform, is the technology provider the Indonesia’s…

VR46 Metaverse, Animoca Brands, Gravitaslabs join forces to build innovative Web3 experiences for motorsport enthusiasts

Valentino Rossi's company VR46 Metaverse, Hong Kong-based gaming firm Animoca Brands and its subsidiary Gravitaslabs have joined forces to build innovative Web3 experiences for motorsport enthusiasts. VR46 Metaverse has announced a partnership with Animoca Brands and Gravitaslabs to jointly explore innovative gaming and Web3 activations across metaverse…

Malaysia’s Samaiden partners MBGB to advance clean energy initiatives in APAC region

Samaiden Group Berhad, a Malaysia-based renewable energy firm, has inked a strategic partnership with investment firm Meta Bright Group Berhad (MBGB) to advance clean energy initiatives in Asia Pacific (APAC) region. This collaboration aims to expand business opportunities and accelerate the growth of renewable energy solutions, particularly for the mining…

GlobalFoundries opens new Malaysia office to support global manufacturing operations

United States-listed semiconductor firm GlobalFoundries has on Tuesday announced the official opening of a new hub facility in Penang, Malaysia. The new facility will create 300 high-value manufacturing support roles, including technicians, engineers, administrative and support functions.

Animoca Brands partners Daehong Communications to advance Lotte Group’s Web3 business

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has partnered Daehong Communications, the Lotte Group marketing and advertising arm based in South Korea, to advance Lotte Group’s Web3 business through key initiatives with Mocaverse and Bellygom.

Malaysia’s NexMind raises seed funding From 500 Global; launches Text2Social

NexMind, a Malaysia-based artificial intelligence (AI)-powered multilingual digital marketing platform, announced Tuesday that it has secured seed funding from Silicon Valley-based venture capital firm 500 Global. The new funding will be used to expand the firm's product offerings and accelerate customer acquisition worldwide.

Malaysia’s Science ministry proposes initiatives to enhance startup ecosystem, STEM education to be included in Budget 2024

laysia's Ministry of Science, Technology and Innovation (MOSTI) is eyeing to enhance the startup ecosystem, emerging technology, and Science, Technology, Engineering and Mathematics (STEM) education under Budget 2024.

Johnson & Johnson Innovation partners Singapore Economic Development Board to transform Singapore’s life science innovation ecosystem

Johnson & Johnson International (Singapore) Pte. Ltd. has on Tuesday announced a collaboration with the Singapore Economic Development Board (EDB) to unlock innovation potential in Singapore’s life sciences ecosystem.

Malaysia’s Solarvest secures 11 solar photovoltaic projects in Vietnam

Malaysian clean energy firm Solarvest Holdings Berhad has successfully secured a total of 11 rooftop solar photovoltaic (PV) installation projects in Vietnam, with a combined capacity of 12.8 megawattpeak (MWp).