News
Gogoro launches smartscooters and battery swapping in the Philippines
Gogoro Inc., a Taiwan-based technology leader in battery-swapping ecosystems that enable sustainable mobility solutions for cities, has announced the commercial launch and availability of its smartscooters and battery swapping ecosystem in Manila, the capital of the Philippines.
New report reveals $330B/year opportunity in emerging market green investments
Dozens of green technologies are now lower cost than incumbent technologies across the emerging world, sparking a wave of new green investments that could potentially reach $330B per year over the next decade and spur green development, said a report on Thursday.
Singapore’s FENIX360 goes public in UK via $610M spac deal with Duet
Singapore-based Fenix 360 Pte Ltd. (FENIX360) will go public through merger With DUET Acquisition Corp. to create a global social media platform. The transaction values FENIX360 at a $610 million enterprise value.
LeapFrog, Temasek, EIB join forces to deliver $500 million pledge for green solutions
LeapFrog Investments, the profit with purpose firm based in United Kingdom, has announced investment from Temasek and support from the European Investment Bank for its strategy to deploy $500 million to address climate change in Africa and emerging Asia.
Five telcos take up 70% stake in Digital Nasional Berhad
Five Mobile Network Operators (MNOs) have on Friday executed share subscription agreements (SSAs) to take up 70 percent equity stakes in Digital Nasional Berhad (DNB), a special-purpose vehicle company set up by Malaysian government to drive the development of the 5G (fifth-generation) infrastructure in the country.
Capital A’s airasia MOVE quarterly revenue up 68 percent on year to $36.59 million
Airasia MOVE, the travel, lifestyle and financial digital platform of Malaysia-based Capital A, has posted quarterly revenue of MYR 171 million ($36.59 million), up 68 percent year on year.
DBS provides KWAP green loan to expand sustainability footprint in Australia
Development Bank of Singapore (DBS) has provided an AUD 207 million ($137 million) green loan to Malaysia's largest pension fund Retirement Fund (Incorporated) (KWAP) to refinance a Grade A green office tower in Australia.
India and Southeast Asia’s climate tech sector projected to hit $350B by 2030: Report
The market size for climate tech in India and Southeast Asia (SEA) in 2023 is $102 billion and is expected to grow to $350 billion by 2030, at compound annual growth rate (CAGR) of about 20 percent, according to a report revealed on Wednesday.
Australia’s Happenco closes $12M fund, backing earliest stages founders
Australian venture investment and advisory firm Happenco has on Thursday announced the close of its first fund, raising $12m to empower earliest-stage startups to build bold companies. The fund is led by Ben Cheyne, (ex. Deloitte Ventures), Gideon Gut-Silverman (ex. McKinsey, Google), and Omar Varts (ex. Deus Ex Machina), who bring a breadth of knowledge…
