News

Indonesia’s aquaculture company eFishery has successfully raised $200 million in its Series D funding round, propelling the company’s target to expand Indonesia’s aquaculture farming community and increase fish feed and fresh fish transaction on its platform.

The Vietnam-based EV maker had prepared for a traditional IPO before the capital markets became “very challenging” during the last 18 months, which is why the company opted to merge with a SPAC, chief executive officer Le Thi Thu Thuy said in May.

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has partnered Singaporean conglomerate Keppel and renewables player Sembcorp Industries (Sembcorp) for clean energy solutions in Southeast Asia (SEA).

Malaysia-based Catcha Digital has on Thursday announced the formation of a new business unit called “i-Gov", specifically focused on working to develop technology solutions and software for the Malaysian government and the public sector.

Malaysia-based user car platform Carsome has partnered InsurTech firm PolicyStreet to introduce Carsome Care+, a car personal accident coverage that also covers car loan payments in the event of unemployment.

Nami, a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things (IoT) industry, has announced the close of its Series A financing round, raising $10.5 million from strategic investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.

"Next week, Elon Musk asked to discuss with me the possibility and his commitment to increase his investments in Malaysia," Anwar was quoted as saying.

Malaysia-based clean energy solutions provider Gentari Sdn Bhd (Gentari) via its wholly-owned subsidiary Gentari Green Mobility Sdn Bhd has activated its roaming network of electric vehicle (EV) charging points in partnership with EV Connection Sdn Bhd (EVC) and Green EV Charge Sdn Bhd (GEV), a subsidiary of Yinson GreenTech (YGT).

Global management consulting firm Bain & Company has on Friday announced that it intends to acquire the Asia Pacific (APAC) arm of global venture-building and start-up development studio, Rainmaking, to help companies across the region better innovate, launch, and scale new businesses.

OneDegree Group, a Hong Kong-based InsurTech company, has on Thursday announced that the group has closed its first venture debt financing transaction with HSBC. The facility is provided under the HSBC New Economy Fund.