News
Temasek backs $304M first close of Australian deep tech Main Sequence’s third fund
Main Sequence, the Australian deep tech investment fund founded by Australia’s national science agency CSIRO, has on Wednesday announced the first close of its third fund, raising AUD 450 million ($304.46 million) from investors including Singapore state-owned fund Temasek.
Aument Capital Partners, StashAway join forces to further democratize access to private market investments
Singapore-based technology- focused, family office for entrepreneurs Aument Capital Partners (ACP) and investment platform StashAway have announced a collaboration that will go towards democratizing access to private market investments. Through this partnership, ACP will leverage StashAway's private market offering, enabling its clients to invest in funds…
Malaysia becomes 60th country SpaceX’s Starlink provides high-speed internet service
In a tweet on Tuesday, SpaceX said, "Starlink is now available in Malaysia, marking the 60th country around the world where Starlink can provide high-speed internet connectivity."
Blockdaemon, OneDegree team up for digital asset insurance
OneDegree, a Hong Kong-based insurance provider for digital assets, has teamed up with Blockdaemon, a United States-based blockchain infrastructure platform that connects institutions to prominent networks, to offer digital asset insurance.
Singapore’s Zuno Carbon raises $2.5M in seed funding led by Wavemaker Partners
Singapore-based climate tech startup Zuno Carbon has secured $2.5 million in seed funding, led by Wavemaker Partners, a venture capital firm investing in enterprise, deep tech, and sustainability startups in Southeast Asia.
Singapore’s Resolution Ventures announces final close of its FinTech fund
Resolution Ventures, a Singapore-based venture capital firm, has announced the final close of Resolution Fintech Fund I. With its inaugural fund, Resolution Ventures is committed to backing the most promising founders in Southeast Asian Fintech, buildingsolutions that have local, regional, and international applications.
Hong Kong online wholesale marketplace Peeba officially launches in Southeast Asia
Hong Kong online wholesale marketplace Peeba is marking the first step in its Southeast Asia expansion by announcing that it is setting up an office in Indonesia. By empowering small retailers, both online (including TikTok and Instagram shops) and offline, to compete on the same footing as larger retailers, Peeba is set to disrupt the traditional retail…
SoftBank partners Symbotic to establish new warehouse-as-a-service joint venture
Japanese multinational investment holding firm SoftBank Group Corp. and American robotics warehouse automation company Symbotic Inc., have on Monday announced the establishment of GreenBox Systems LLC (GreenBox), a new joint venture to address the more than $500 billion annual warehouse-as-a-service market opportunity.
Tesla to discuss factory plan for new $24,000 car with India commerce minister – report
The meeting with the commerce minister would be the highest level discussions between Tesla and the India government since June when Tesla founder Elon Musk met India's Prime Minister Narendra Modi and said he intended to make a significant investment in the country, according to Reuters.
