News
Meraque paves the way for robotics automation in agriculture for Malaysia with nation’s first-ever plantation AGV
Meraque Group (Meraque), a Malaysian robotics solutions company, has introduced the nation's first Autonomous Ground Vehicle (AGV) designed for complex agricultural environments, named Robotic Agro in Complex Environment (RACE). As an autonomous AGV, RACE is designed to navigate the intricate and challenging terrain of agricultural environments.
Funding Societies raises $27 million in debt funding from institutional investors
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, announced on Tuesday that it has successfully raised debt of $27 million. The funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP), and…
VDX and MaiCapital sign MoU for comprehensive strategic partnership
VDX, the Hong Kong-based up-and-coming digital asset platform, has on Tuesday announced a strategic partnership with MaiCapital, an Hong Kong Securities & Futures Commission (SFC)-licensed blockchain and virtual asset manager, to support its upcoming Security Token Offering (STO) projects.
Quest Ventures appoints April Ong Vaño as Head of Environmental, Social & Governance
China-based venture capital firm Quest Ventures has appointed Philippine-based April Ong Vaño as its Head of Environmental, Social & Governance (ESG). In this capacity, Ong Vaño will play a pivotal role in advancing the company's mission and advancing sustainability efforts in key markets.
Thailand expects Tesla, Google, Microsoft to invest $5B — report
"Tesla would be looking into an EV manufacturing facility, Microsoft and Google are looking at data centers," Thailand's Prime Minister Srettha Thavisin said.
Vietnamese Internet Platform VNG postpones US IPO – report
VNG has been exploring going public in the US since at least 2017.
Japan’s Incubate Fund Asia announces first close of $50M third fund
Japan's venture capital firm Incubate Fund Asia has on Thursday announced the first close of its third fund which has a target corpus of $50 million. The fund is expanding its focus on supporting pre-seed and seed-stage startups in India and South East Asia (SEA).
Ant Group introduces ten Asian e-wallets to China to boost cross-border mobile payment
Chinese digital payment firm Ant Group has officially welcomed seven new leading e-wallets and payment apps from Asia to the “Alipay+-in-China” Program (A+China Program). The new additions bring the total number of overseas e-wallets accepted in the Chinese mainland to ten.
SC Ventures launches audax Financial Technology to help financial institutions accelerate digital banking capabilities
SC Ventures, Standard Chartered’s innovation, fintech investment and ventures arm, has launched audax Financial Technology (audax), a digital banking technology solutions provider. The platform is designed to empower banks and financial institutions to accelerate their digital transformation, deliver new business models, serve new customer segments and…
