News
BlackRock targets $1.21B for climate infrastructure strategy to support New Zealand’s net zero goals
BlackRock has targeted NZD 2 billion ($1.21 billion) for climate infrastructure strategy to support New Zealand’s net zero goals. The firm plans to launch a New Zealand-focused strategy, via its Climate Infrastructure franchise, that will provide a platform through which institutional investors can invest in New Zealand’s transition to a low-carbon……
Capgemini : 74 percent of executives believe the benefits of generative AI will outweigh the associated concerns
Despite apparent risks, such as copyright infringement or cybersecurity, most organizations (74 percent) believe the benefits of generative artificial intelligence (AI) outweigh the associated risks, Capgemini Research Institute said Monday.
Musk’s Neuralink raises $280M in funding led by Thiel’s Founders Fund
The news comes after Neuralink secured FDA's approval to launch its first in-human clinical trial in May.
China’s EVE Energy builds $422M EV batteries manufacturing facility in Malaysia
EVE Energy Co. Ltd., a China-based global lithium battery manufacturer, has on Monday announced the groundbreaking ceremony for its new manufacturing facility in Kulim, Kedah, Malaysia with an initial investment of $422 million. The new factory, which will be EVE’s 53rd, will focus on the production of cylindrical lithium-ion batteries to support power…
WISe.ART AG receives strategic funding from The Hashgraph Association to accelerate trusted NFT adoption
WISe.ART AG, a subsidiary of Switzerland-based cybersecurity firm WISeKey, said Monday it has received strategic funding from The Hashgraph Association (THA). This funding will be used to accelerate the broad adoption of the Hedera network and advance the integration of trusted non-fungible tokens (NFTs) through the WISe.ART platform.
Indian Disprz raises $30M Series C funding from Lumos Capital, 360 ONE and others to fuel global expansion
Disprz, an India-based enterprise software as a service (SaaS) learning and skilling platform, announced Monday that it has raised $30 million in its Series C funding round. The round was led by Lumos Capital Group and 360 ONE Asset (IIFL) with participation from Kae Capital, KOIS and Dallas Venture Capital.
Malaysia’s TNB partners Laos’s EDL to boost cross-border renewable energy trade
Malaysian electricity utility firm Tenaga Nasional Berhad (TNB) has partnered with Laos state-owned electricity firm Electricite Du Laos (EDL) to boost cross-border renewable energy (RE) trade from Laos with potential trade value ranges from MYR 460 million ($101 million) and MYR 2.3 billion ($500 million) beyond 2030.
Ni Hsin EV Tech plans for IEO fundraising through utility tokens issuance for EV business
Ni Hsin EV Tech Sdn Bhd (NH EV TECH), a wholly owned subsidiary of Malaysia-listed firm Ni Hsin Group Berhad (Ni Hsin), has proposed to conduct an initial exchange offering (IEO) exercise through the issuance of utility tokens for its electric vehicle (EV) business.
FOMO acquires Singapore financial institutions CapBridge, 1exchange to expand into capital markets
FOMO Group, a Singapore-based financial holding group, has on Monday announced that it has completed the acquisition of CapBridge Pte Ltd (CapBridge), a capital markets service and asset custody firm, and 1X Exchange Pte Ltd (1exchange), a private securities exchange company.
Singapore Red Cross partners with Triple-A to accept cryptocurrency donations
Singapore homegrown humanitarian organization Singapore Red Cross has partnered with crypto payment gateway Triple-A to include cryptocurrency as a newly-accepted form of donation. With Triple-A's white-label crypto payment solutions, the Singapore Red Cross can now receive cryptocurrency donations from supporters, to deliver humanitarian services to uplift…
