On location

UnaBiz, a Singapore-based massive internet of things (IoT) service provider, closes Series B at over $50 million in an extension round led by SPARX Group. G K Goh Holdings and Optimal Investment also joined the round, and the new financing is reserved for existing investors.

AlgoBulls, an India-based fully automated algorithmic trading platform and fixed-income securities distribution platform for retail market participants, has raised $2 million investment in a Pre-Series A round funding led by Venture Catalysts group, India’s integrated incubator and a leading early-stage investment platform for startups.

Glints' announcement also came after Singapore-based recommerce platform Carousell said it is laying off 10 percent of its total headcount last week.

Philippines digital infrastructure developer FLOW Digital Infrastructure (FLOW) and industrial parks developer AyalaLand Logistics Holdings Corp. (ALLHC) have on Wednesday broke ground on the land development of its first joint data center campus located in Laguna, Philippines, following the launch of A-FLOW, the joint venture partnership between FLOW and…

To ensure that the local media industry remains competitive as the international partner of choice to create premium IP, the Infocomm Media Development Authority (IMDA) in Singapore has announced the launch of a $5 million Virtual Production Innovation Fund to support the local media industry to develop capabilities needed to harness virtual production…

Malaysian Investment Development Authority (MIDA) and Collaborative Research in Engineering, Science and Technology Centre (CREST) have partnered with French software company Dassault Systèmes to build Malaysia’s small and medium-sized enterprise (SME) Industry 4.0 Readiness.

Singapore-based wealthcare and savings app Hugosave officially announced on Tuesday that it has become a Visa Principal Member Issuing Licensee under its parent company, Atlas Consolidated Pte Ltd. As a principal licence holder, Hugosave will now be able to issue Visa cards directly, as well as sponsor associate licences under Visa,

VinFast intends to list its ordinary shares on the Nasdaq Global Select Market under the symbol “VFS”.

Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has taken a majority stake in Pixelynx, Inc. through its controlled subsidiary. Both parties will focus on developing new formats of music consumption that can be scaled across the metaverse to unlock new revenue…