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South Korean startup Toonit launches Canva-like tool for graphic narratives

Korean startup Toonit, is launching the Canva, a web-based illustrator for anyone to easily create webcomics, graphic novels, book illustrations, and other visual content.

Wesley Tay joins as a Principal at East Ventures

Indonesia-based venture capital firm East Ventures announced Tuesday that Wesley Tay joins East Ventures as its new Principal. Wesley will oversee the investments focusing on the seed stage, and will be based in Singapore.

Malaysia’s Penjana Kapital, AC Ventures, Indies Capital Partners ink deal for cross-border investments and technology transfer

Malaysia's Penjana Kapital Sdn Bhd (Penjana Kapital), announced Monday it has signed a memorandum of cooperation with Indonesian-focused private investment firms Indies Capital Partners and AC Ventures (ACV), for cross-border investments and technology transfer.

Malaysia’s Citaglobal inks deal with Indonesia’s state-owned firm for battery energy projects

Malaysia-listed Citaglobal Berhad (formerly known as WZ Satu Bhd) has entered into a memorandum of understanding (MOU) with PT Industri Baterai Indonesia or Indonesia Battery Corporation (IBC) for the proposed development of a battery cells manufacturing plant and Battery Energy Storage System (BESS).

Indonesia’s FLIK secures $1.1M pre-seed funding led by East Ventures

FLIK, an Indonesian-based startup that provides a unified checkout solution, announced Monday that it had secured $1.1 million of pre-seed funding led by East Ventures. The round also saw the participation of Init-6, GMO VenturePartners, and Saison Capital. 

SCB 10X invests $1.5M in the seed round of Token Unlocks

SCB 10X, the venture investment arm of Thailand's SCBX group, announced Tuesday that it has invested $1.5 million in the seed round of Token Unlocks, a comprehensive token vesting dashboard and tokenomics insights platform. According to the statement, Token Unlocks will use proceeds from this seed funding round to expand its team across the globe to drive…

Malaysia’s WorqApp raises $1M seed funds to launch super app for effective execution

WorqApp, a Malaysia-based all-in-one platform built for effective enterprise execution, has on Friday announced that it has recently closed a pre seed round of $1 million with Malaysian and foreign investors teaming together.

Singapore’s Creative Technology founder Sim Wong Hoo dies

The company also came into the limelight when Apple Computer and Creative agreed to settle their legal dispute over music player patents for $100 million in 2006.