News

South Korean travel AI startup Globaleur raises $2.5M to connect end-to-end experience

South Korean travel tech startup Globaleur has raised $2.5 million in their pre-series A round and recently completed setting up an office in Singapore as part of their expansion plans for South East Asia.

ADDX tokenises vintage French Burgundy wine portfolio by SGX-listed Intraco’s subsidiary

Singapore tech company ADDX has tokenised a curated portfolio of French wines from top wineries in the Burgundy region, giving individual investors a chance to get exposure to fine wine investments at a fraction of the usual cost.

Thailand’s SCB 10X invests $10M in Singaporean digital asset custodian RakkaR Digital

Thailand-based SCB 10X, the venture investment arm of SCBX group, announced Monday that it has invested $10 million in RakkaR Digital, a Singapore-based institutional-grade digital asset custody platform for institutions powered by Fireblocks.

Singapore skyline SGX SPAC

MAS conducts trial for digital Singapore dollar

The Monetary Authority of Singapore (MAS) on Monday released a report detailing potential uses of a purpose-bound digital Singapore dollar (SGD) and the supporting infrastructure required, marking the successful completion of Phase 1 of Project Orchid.

Datasonic partners Meta Doers World to explore opportunities in metaverse-related projects

Datasonic Group Berhad, a Malaysia-based ICT solutions provider, has entered into a memorandum of understanding (MOU) with Meta Doers World Holding Berhad (Meta Doers) to form a strategic partnership through incorporation of a joint venture company to explore the business opportunities related to metaverse in Malaysia and ASEAN countries.

US private equity firm L Catterton establishes Impact Fund platform

L Catterton, the United States-based consumer-focused private equity firm, announced Monday the establishment of its impact investing platform and the appointment of Tehmina Haider and Michael O'Leary as Partners to lead the strategy.

ORIGIN Innovation Awards 2022: Announcing Startup Leader of the Year & Corporate Sustainability Champions finalists

Together with the all-star advisory team, TechNode Global spent close to two weeks evaluating every nomination and determining the finalists.

CALT and VinFast cooperate to promote global E-mobility

Contemporary Amperex Technology Company (CATL) and VinFast Trading & Manufacturing Joint Stock Company (VinFast) on Monday announced a Memorandum of Understanding for global strategic cooperation to expand collaboration in areas including CIIC (CATL integrated intelligent chassis) skateboard chassis products.

Singapore’s Alta acquires private digital securities exchange Hg Exchange

Singapore-based digital marketplace for alternative investments Alta (previously known as Fundnel) announced Monday the acquisition of the leading private digital securities exchange Hg Exchange (HGX).

Indonesia’s Bukalapak revenue grows by 86 percent year on year in 3Q

Indonesian e-commerce company Bukalapak announced Monday that its revenue grew by 86 percent year on year to IDR 898 billion ($57.58 million) in the third quarter of 2022 (3Q22), underpinned by strong performance of its online-to-offline solution Mitra Bukalapak.