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Gobi Partners invests in Malaysia-based AI healthcare firm Valiance Health

Gobi Partners, through its SuperSeed II Fund, has led an undisclosed pre-seed investment in Valiance Health Inc., a Malaysia-based artificial intelligence (AI) healthcare company building the country’s first large-scale standardized healthcare data platform.

Xamble expands influencer market reach with YouthsToday major stake acquisition

Malaysia-based influencer-centric digital marketing firm Xamble Group Limited has acquired a 55.6 percent majority stake in YToday Sdn Bhd, the company behind grassroots youth marketing platform YouthsToday.com.

Taiwan’s Chipbond Technology strengthens Malaysia’s advanced semiconductor ecosystem with $200M new Penang facility

Chipbond Technology Corporation, a Taiwan-based provider of semiconductor packaging and testing services, has on Monday marked the official opening of its new advanced manufacturing facility, Chipbond Technology Malaysia Sdn. Bhd., located in Valdor Industrial Park, Batu Kawan, Penang, Malaysia.

Singapore and Thailand’s SLEEK EV secures first closing of $8.5M in Series A funding led by KYMCO Capital

SLEEK EV, a Singapore-based and Thailand-operated electric motorcycle maker, has announced an $8.5 million first close in its Series A funding round.

Singtel’s Nxera opens data center in Singapore, accelerating AI innovations

Nxera, Singtel Group’s regional data center arm, announced Monday the opening of DC Tuas, its largest, next-generation, most energy efficient and multi-tenanted data center.

Google expands AI investments in Singapore

Global technology firm Google has announced new investments to deepen local research and development (R&D) capabilities, help businesses innovate and build a future-ready workforce for the artificial intelligence (AI) economy in Singapore.

VinFast officially enters Indonesia’s e-scooter market with strategic dealers

Vietnamese electric vehicles (EVs) maker VinFast has on Monday officially announced its entry into Indonesia’s e-scooter market through the signing of a memorandum of understanding (MoU) with strategic dealers in the country.

Khazanah’s Jelawang Capital backs more than ten startups with over $7.64M capital

Malaysia's state-owned fund Khazanah Nasional Berhad said Tuesday that through Jelawang Capital, Malaysia’s National Fund of Funds, its first five fund managers have backed more than ten startups and catalyzed over MYR 30 million ($7.64 million) in crowded-in capital.

Malaysia’s automotive aftersales platform ServAuto raises new funding led by Vynn Capital

ServAuto, a Malaysia-based automotive aftersales platform, announced Tuesday that it has secured new funding, bringing its total capital raised to close to $6 million to date.

GoTo partners MRT Jakarta to launch TOD model integrating public transportation with digital platforms

PT GoTo Gojek Tokopedia Tbk, Indonesia's largest digital ecosystem, in collaboration with PT MRT Jakarta (Perseroda), has launched Blok M Hub Gojek, a Transit Oriented Development (TOD) model integrating public transportation with digital platforms.