News

Motorist secures strategic lead investor Tokyo Century Leasing (Singapore) in Series A round at $60M valuation

Motorist, a Singapore-based automotive technology solutions provider, has announced Tokyo Century Leasing (Singapore) as a strategic lead investor in its Series A funding round. Its existing investors through an AngelCentral Syndicate, have also followed on in this round.

Charge+ launches new fast charging station at Bangkok

Charge+, a Singapore-based electric vehicle (EV) charging operator, has expanded its operations in Thailand with the launch of a new direct current (DC) fast charging station in Bangkok. This new 120kW “Turbo” charging station is located at Sathon KFC drive-through in the heart of Bangkok’s Central Business District (CBD).

HashKey Capital and FTSE Russell collaborate to launch three custom indices to track digital assets worldwide

In a continued effort to equip investors with real-time, relevant data, HashKey Capital and FTSE Russell, an LSEG business, have introduced a suite of digital asset indices designed for investors seeking to add exposure to cryptocurrencies in their investment strategies.

Animoca Brands partners iCandy for ‘Snaky Cat’ launch

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has partnered Australian gaming firm iCandy Interactive Limited (iCandy) to unveil ‘Snaky Cat’ on Base, L2 incubated by Coinbase.

Malaysian stock exchange partners SSM to launch platform to facilitate SMEs fundraising

Bursa Malaysia Berhad has on Thursday launched the SME X Platform in collaboration with the Companies Commission of Malaysia (SSM), to further support corporate fundraising and business investment opportunities.

HSBC: Malaysia to benefit from the green shoots of recovery from global electronic cycle

“Malaysia’s economy should remain healthy this year powered by resilient consumer and investment spending. The positive fillip for Malaysia’s economy will come from the nascent recovery of the global electronic cycle and the resumption of global tourism travel,” James Cheo, Chief Investment Officer, Southeast Asia and India, Global Private Banking and…

MAVCAP invests in Vynn Capital’s Mobility and Supply Chain Fund

Malaysia Venture Capital Management Berhad (MAVCAP), Malaysia's largest venture capital firm, is investing as a limited partner in Vynn Capital's latest Mobility and Supply Chain Fund. This collaboration underscores MAVCAP's dedication to advancing technological frontiers in Malaysia and Southeast Asia.

Ni Hsin inks deal with MYUS to market and distribute EBIXON motorcycles in Perlis

Ni Hsin EV Mobility Sdn. Bhd. (NHEVM), a wholly-owned subsidiary of Ni Hsin EV Tech Sdn. Bhd. which in turn, a wholly owned subsidiary of Malaysia-listed Ni Hsin Group Berhad, has signed a master dealer agreement (MDA) with MYUS Autotech Sdn Bhd (MYUS), to promote and market EBIXON motorcycle in Perlis and Langkawi of Malaysia.

Chery Malaysia partners Carsome for vehicle trade-ins and training

Chery Malaysia has signed two memorandum of understanding (MoU) with Carsome and Carsome Academy. The primary focus of these partnerships is to improve vehicle trade-ins and enhance soft skills within the brand's network of representatives.

AC Ventures raises $210M to back tech-enabled businesses in Indonesia and Southeast Asia

Indonesia-based venture capital firm AC Ventures has announced the final close of its fifth investment fund, ACV Capital V L.P. (ACV Fund V), totaling $210 million, including co-investment funds.