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Australia’s MetroElectro secures $680,000 from Wavemaker Impact to develop mid-sized renewable power plants
MetroElectro, a climate tech startup based in Australia, has secured AUD 1.04 million ($680,000) from Singapore-based climate tech venture builder Wavemaker Impact to develop mid-sized renewable power plants.
Indonesia’s Ministry of Health strengthens collaboration with Google Cloud for generative AI healthcare solutions
The Ministry of Health of the Republic of Indonesia (Kementerian Kesehatan) has on Tuesday announced an expanded collaboration with Google Cloud to support the development of healthcare-specific generative AI (gen AI) innovations, aligning with the goals set out in the Indonesian government’s blueprint for digital health transformation and Digital Indonesia…
Singapore’s NSG BioLabs raises $14.5M in financing round led by Celadon Partners
NSG BioLabs, Singapore's largest provider of biotech co-working laboratory and office space, has successfully concluded a $14.5 million financing round. The round was led by Celadon Partners, an Asian private equity firm.
Agritech platform Rize raises $14M in Series A funding co-led by Breakthrough Energy Ventures, GenZero, Temasek, Wavemaker Impact
Rize, an agritech startup formed through a joint venture between Temasek, Wavemaker Impact, Breakthrough Energy Ventures, GenZero to decarbonize rice cultivation in Asia, has announced the closing of its $14 million Series A funding round.
Alipay+ partners Nepal Clearing House Ltd to enable merchants in Nepal to accept cross-border mobile payments from travellers
In the coming months, users of more than 10 mobile wallets and banking apps, which are payment partners of Alipay+ will be able to use cashless payments when they travel to Nepal.
Indonesia’s Elevarm secures $2.6M in seed funding to empower horticulture farmers
Funding round led by Singapore’s Insignia Ventures Partners, with participation from 500 Global and Gibran Huzaifah, CEO and Founder of eFishery.
Carsome reports first quarterly profit, “on track” to achieve first full-year profitability this year
Carsome has also marked another achievement in its growth trajectory, surpassing the sale of 500,000 cars since its inception in 2015. This milestone was achieved in just two years after crossing 100,000 cars in 2021. Last year, the group sold over 150,000 cars.
VinFast aims to expand authorized dealers to at least 120 by year-end
VinFast aims to become the leading car manufacturer in Vietnam, taking on established gasoline car brands. To achieve this, VinFast plans to further expand its national network of showrooms and authorized dealers to at least 120 by year-end.
Malaysia’s AI governance and ethics code framework at final stage, will be launched soon – report
The Ministry of Science, Technology and Innovation (MOSTI) has been working with Universiti Teknologi Malaysia and other representatives of government agencies, higher education institutions and industry players, to develop the framework.
Princeton Digital Group secures $280M green loan for AI-ready data center campus in Malaysia
Princeton Digital Group (PDG), Asia’s leading data center provider, has secured its first MYR 1.27 billion ($280 million) green loan for its 150MW artificial intelligence (AI)-ready JH1 campus in Sedenak Tech Park (STeP) in Johor, Malaysia.
