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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.
January 10, 2023
News,Venture Capital,Indonesia
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.
January 10, 2023
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.
January 9, 2023
News,Electric Vehicles & Mobility,Indonesia
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).
January 9, 2023
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.
January 9, 2023
Venture Capital,Singapore,Indonesia,Analysis,SEA,Malaysia,Investments
Ushering into an uncertain 2023: here’s what VCs & experts think
There are reasons to be optimistic, according to VC firms.
January 9, 2023
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…
January 6, 2023
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.
January 6, 2023
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.
January 6, 2023