News

Singapore’s XWeave raises $3M in seed round led by Jungle Ventures

XWeave, a Singapore-based cross border payments through stablecoins, announced Monday a $3 million seed funding round led by Jungle Ventures via First Cheque@Jungle and Lightshift.

AWS, CENTEXS launch AI initiatives to position Sarawak as Malaysia’s premier AI state by 2027

Malaysia's state-owned agency Center for Technology Excellence Sarawak (CENTEXS) has announced an expanded skills training collaboration with Amazon Web Services (AWS) that will help Sarawak achieve its vision of becoming Malaysia's premier artificial intelligence (AI) state by 2027.

Malaysia’s parenting platform Nuren engages ZICO for proposed NASDAQ IPO

Malaysia's premier parenting platform Nuren Group Limited has announced the engagement of ZICO Evolve Capital Sdn Bhd as its financial advisor for initial public offering (IPO) structuring and readiness in connection with the proposed listing on the Nasdaq Stock Exchange in the United States.

Google.org expands AI Opportunity Fund in Asia Pacific by $12M

Google.org has on Monday announced the expansion of the its AI Opportunity Fund by $12 million, to help more workers, small businesses and nonprofits in Asia Pacific (APAC) to make the most of artificial intelligence (AI) in their communities.

Malaysia’s Krenovator secures seed funding to enhance AI-powered tech talent platform

Krenovator Technology Sdn. Bhd., a Malaysia-based artificial intelligence (AI)-powered tech talent platform, announced Monday that it has secured seed funding from Ignite Asia, a venture capital and private equity principals firm in Singapore and Malaysia.

Analyst remains positive on ASEAN data center build cycle

Maybank Investment Bank has remained positive on ASEAN data center (DC) build cycle and see opportunities in the ASEAN DC supply chain.

DEG, Proparco, Standard Chartered announce $60M to fund solar project in Indonesia

DEG, the German development finance institution, the French development finance institution Proparco and Standard Chartered have announced an agreement to finance the development, construction and operation of the Saguling floating solar photovoltaic (PV) plant as part of Indonesia’s Just Energy Transition Partnership (JETP).

GoTo announces resignation of members of board of directors, commissioners

Indonesia-based PT GoTo Gojek Tokopedia Tbk (GoTo), the parent company of Gojek and Tokopedia, has announced the resignation of members of its Board of Directors and Board of Commissioners.

UNDP, Trigger team up to support Singapore startups with smarter investment

The United Nations Development Program (UNDP) and Trigger Asset Management (Trigger) have launched a partnership aimed at unlocking capital and strengthening support for startups and businesses advancing the Sustainable Development Goals (SDGs).

Taiwan’s Pegatron partners Telkomsel to accelerate smart manufacturing transformation in Indonesia

Pegatron, a Taiwan-based technology firm, has partnered with Telkomsel, an Indonesia-based digital telecommunications provider and first 5G operator, to accelerate smart manufacturing transformation in Indonesia.