On location
Southeast Asia leads in digital economy growth at 15.8 percent for the next five years: report
Southeast Asia (SEA) is racing ahead among the region in digital economy, according to the latest report conducted by market intelligence firm IDC and commissioned by global payments platform 2C2P and Ant Group. According to the report, SEA leads in digital economy growth at 15.8 percent for the next five years, outpacing the United States (9.4 percent) and…
Conrad Maintenance partners SoftBank Robotics Singapore for smart facility management service
Singapore-based cleaning firm Conrad Maintenance has welcomed its new shareholder SoftBank Robotics Singapore (SBRSG), the Asia-Pacific Headquarters of SoftBank Robotics Group Corp, as one of the first Singapore partnerships in order to transform the cleaning services into a smart facility management service in Singapore as (Smart Business Transformation…
City Energy and Gentari to study feasibility of building hydrogen pipeline from Malaysia to Singapore
City Energy and Gentari have signed a joint feasibility study agreement to construct a pipeline from Malaysia to Singapore for the import of hydrogen into the Republic. The study will be conducted over a period of 12 months.
Australia’s Employment Hero raises $168M Series F funding for global expansion
Employment Hero, an Australia-based employment management platforms, has on Monday announced a Series F growth round of SGD 229 million ($168 million) to fuel its rapid global expansion. The funding follows the company’s 2022 Series E and takes the total amount of capital it has raised to over SGD 572 million ($419 million).
India’s Giga ML secures $3.6M in seed funding led by Nexus Venture Partners
Giga AI, Inc, an India-based company that provides large language models (LLMs), has raised $3.6 million in seed funding to further its goal of helping businesses safely implement on-premises deployments of large language models. Nexus Venture Partners led the investment round, with participation from Y Combinator, Liquid 2 Venture, and Y Combinator Chief…
Qiscus secures $2M from Init6 for Southeast Asian markets expansion
Qiscus, a technology company providing an omnichannelcustomer engagement platform, has secured $2 million from Init6, an investment company founded by Achmad Zaky, who is also Co-Founder of Indonesian e-commerce giant, Bukalapak. This investment will be strategically used to strengthen Qiscus’ expansion into the Southeast Asian market in upcoming 2024.
Singapore’s Inteluck raises $34M in Series C funding led by Navegar
Inteluck, a Singapore-based technology-driven supply chain solution provider, has announce the successful completion of its Series C funding round, securing $34 million in investment. The round was led by Philippines-focused private equity firm Navegar and joined by existing investor East Ventures, a venture capital firm in Southeast Asia.
Indonesian biotechnology startup Moosa Genetics raises new funding led by East Ventures
Moosa Genetics, an animal genomics and biotechnology startup based in Indonesia, has on Monday announced that the company raised funding led by East Ventures, a venture capital firm focusing on Southeast Asia. The funding also saw the participation from angel investors.
Singapore’s Charge+ raises Series A funding to accelerate its expansion plans into Southeast Asia
Charge+, a Singapore-based electric vehicle (EV) charging operator, has secured an undisclosed Series A funding round led by TRIVE Venture Capital to accelerate the expansion of its EV charging infrastructure in Singapore and throughout Southeast Asia.
JC3 announces initiatives to support inclusive transition to greener economy in Malaysia
The Joint Committee on Climate Change (JC3), a platform established by public and private sectors to boost climate resilience within the Malaysian financial sector, has announced five key initiatives to expedite the transition of businesses and farmers towards low-carbon practices.
