On location

MDEC & martech web3 firm Emerge Group forms strategic partnership to propel Malaysia as a Web3 gaming hub in SE Asia

EMERGE Group will leverage its extensive network of Web3 gaming partnerships, including collaborations with Gala Games, Immutable X, TZ APAC, Sei and other leading Web3 gaming projects, to identify synergies and advance Web3 game publishing.

Tracxn : SEA tech startups funding plunges 59 percent in first nine months of 2024

Southeast Asia (SEA) tech startups funding plunge 59 percent in the first nine months of 2024 amid global challenges, a report said Friday.

ASEAN GenAI sector funding seen to grow 50 percent year-over-year in 2025

GenAI Fund, through its latest report, has projected the funding for ASEAN generative artificial intelligence (GenAI) sector to increase 50 percent year-over-year in 2025.

Maybank partners Bank of Hangzhou to enhance cross border financing, advancing AI, digital innovation

Malayan Banking Berhad (Maybank) has announced on Thursday announced a strategic collaboration with Chinese lender Bank of Hangzhou to enhance cross border financing and advancing artificial intelligence (AI), Digital innovation.

Filipino fintech firm Salmon completes $30M Series A-2 financing round

Salmon intends to allocate a portion of the proceeds to strengthen the capital base of the Rural Bank of Sta. Rosa (Laguna), with plans to increase the bank's total capital to PHP 1.2 billion by the end of 2025.

Filipino AI startup Clout Kitchen raises $4.45M from a16z SPEEDRUN, Peak XV’s Surge & AppWorks

The round was co-led by a16z SPEEDRUN and Peak XV’s Surge – with participation from Taiwan’s AppWorks, Antler, Hustle Fund, Founders Launchpad, Orvel Ventures, and founders & creators like Gabby Dizon (YGG), Kun Gao (Crunchyroll), Voyboy, Jankos and Perkz.

Mocaverse partners Square Enix’s ‘SYMBIOGENESIS’ to accelerate Web3 user onboarding

Mocaverse, the marquee consumer network with an interoperable infrastructure layer of Account, Identity, Reputation, and PointFi systems seeded by Animoca Brands, have announced that has partnered with SYMBIOGENESIS, the non-fungible token (NFT) collectible art project of Square Enix to promote user onboarding from Web2 to Web3.

Malaysians lose $2.8B to scams in a year as AI-powered scam on the rise

Malaysians lose $12.8 billion to scams in a year, equivalent to 3 percent of the nation's gross domestic product (GDP), as artificial intelligence (AI)-powered scams on the rise, a report said Thursday.

Automobili Lamborghini, Animoca Brands, and Motorverse team up to launch Fast ForWorld

Automobili Lamborghini, Animoca Brands, and Motorverse have teamed up to launch Fast ForWorld, an upcoming immersive platform that will revolutionize brand engagement through loyalty and gaming interoperability.

IFC invests $7M into Philippine technology firm First Circle

The International Finance Corporation (IFC) has invested $7 million into First Circle, a technology company providing smart banking solutions to small and medium-sized enterprises (SMEs) in the Philippines.