News

Vietnam’s VinFast gets regulatory approval to sell EVs in United States

Vietnamese carmaker VinFast announced Wednesday that it has received all the necessary certifications to sell cars in the United States, and will begin delivering vehicles to customers by the end of this month.

Animoca Brands, LayerZero jointly launch global hackerhouse initiative

Animoca Brands, the Hong Kong-based blockchain gaming startup, and LayerZero, the Canada-based omnichain interoperability protocol, have launched the LayerZero-Animoca Brands Hackerhouse global initiative to advance cross-chain standards and demonstrate real-world use cases of interoperable digital assets.

East Ventures announces the 30 team champions from the coaching and hackathon program

Indonesia-based venture capital firm East Ventures, has on Tuesday announced the 30 selected team champions from the coaching and hackathon program of Indonesia PASTI BISA, Maju Terus Pantang Mundur (Keep Moving Forward, Never Give Up) or IDPB MTPM.

Touchstone Partners invests $1M in Vietnamese B2B distribution platform Quqo

Vietnamese venture capital firm Touchstone Partners has on Tuesday announced that it is investing $1 million in a seed round in Quqo, a Vietnam-based asset-light business to business (B2B) distribution platform that connects buyers, suppliers, and end-consumers in the fast-moving consumer goods (FMCG) sector.

US-listed Prenetics acquires Asia-based genomics company ACT Genomics

Prenetics Global Limited, a United States-listed genomic and diagnostic testing firm, has announced that it is acquiring a majority stake in ACT Genomics Holdings Company Limited, an Asia based genomics company specializing in precision oncology.

Malaysia’s Aerodyne acquires controlling stake in Brazil’s drone inspection company Grupo DR1

Aerodyne Group, a Malaysia-based drone company, has on Monday announced that it has signed an agreement to acquire a controlling interest in Grupo DR1, one of the leading professional drone operators and service providers in Brazil, to further expand its presence in Latin America (LATAM), in line with Aerodyne’s global expansion plan.

Y Combinator-backed Indonesian startup Bakool bags seed funding

Y Combinator-backed Radius rebrands Bakool, an Indonesia-based buying platform for fresh produce, has raised an an undisclosed seed round, with participation from Kleiner Perkins, Goodwater, Insignia Ventures, Global Brain, former minister of Indonesia Mari Elka Pangestu, and others.

Tencent Cloud partners Nexon to launch metaverse platform

Tencent Cloud, the cloud business of China-based technology company Tencent, has on Monday announced its collaboration with Nexon Co., Ltd., a global video game publisher, in powering up the launch of its metaverse platform NEXONTOWN.

UNO Digital Bank partners Trusting Social to offer lending services to Filipino consumers

Singapore-based fintech firms UNO Digital Bank and Trusting Social have on Monday announced a strategic partnership to unlock access to consumer lending for Filipino consumers across wide sections of society.

MYStartup partners airasia academy to enable startup community to learn and upskill

MYStartup, an initiative by the Ministry of Science, Technology and Innovation (MOSTI) in Malaysia and powered by Malaysia's early-stage startup influencer Cradle Fund Sdn Bhd. (Cradle), has embarked on a new partnership with airasia academy to make knowledge and education fundamentals more accessible to its startup community.