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Singapore’s Alternō raises Series A funding from UntroD Capital Asia, ADB Ventures

Alternō, a Singapore-based climate-tech startup, has closed its Series A funding round to accelerate the deployment of its sustainable heat technology and support its mission to eliminate 100 million tons of carbon dioxide (CO₂) emissions annually by 2030.

CoKeeps, Maybank Trustees forge partnership on blockchain-powered custodial and asset management solutions

CoKeeps Sdn Bhd, a Malaysia-based blockchain infrastructure company, and Maybank Trustees Berhad, a wholly owned subsidiary of Malayan Banking Berhad, have signed a memorandum of understanding (MOU) on exploring and implementing blockchain-based custodial and asset management solutions in support of Malaysia’s national digital transformation ambitions.

Thailand’s MUU secures strategic investment from A2D Ventures, Leave a Nest Japan and a Japanese food conglomerate

MUU, Thailand’s first animal-free dairy biotech startup, has secured strategic investment from A2D Ventures, Leave a Nest Japan, and another leading Japanese food conglomerate.

Pei-Si Lai to take on role of GXS Bank CEO; Kaushik Chowdhury to be GXBank’s new CEO

GXBank, the digital bank subsidiary of GXS Bank in Malaysia, announced Wednesday the succession in its senior management team.

Google Cloud expands AI-ready data center capacity in Jakarta

Google Cloud has on Wednesday announced it has expanded – and is continuing to expand – the computing capacity of its Jakarta cloud region to meet customer demand.

Malaysia’s BrioHR raises $6.5M in Series A funding led by Openspace Ventures

BrioHR, a Malaysia-based human resource (HR) tech startup, announced Wednesday that it has secured S$8.7 million ($6.5 million) in Series A funding, enhancing its ability to change the way businesses manage HR practices across Southeast Asia.

Singapore’s VFlowTech secures $20.5M in fundraising led by Granite Asia

VFlowTech, a Singapore-based energy storage solutions firm, has successfully raised $20.5 million in its latest funding round.

Quantum DC Advisory foresees Thailand data center infrastructure to rise 17 times to 2GW in next five to seven years

Quantum DC Advisory Chief Executive Officer Joshua Robinson believes that Thailand’s data center infrastructure could increase by 17 times to 2GW from a low base of 120MW over the next five to seven years.

Sea’s revenue jumps 29.6 percent amid strong e-commerce sales

Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.

Vietnam’s Bien Hoa Consumer secures funding from UOBVM for clean and green product expansion

Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds.