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Malaysia’s BEYOND4 aims to build more profitable startups with its accelerator programs

On Tuesday, 15 startups across nine verticals including manufacturing, SAAS, HealthTech, logisitcs, AgriTech, FoodTech, FinTech, EdTech and PropTech were chosen to pitch on the demo day.

Taiwan’s Aiello raises $5.8M to expand its voice AI solutions internationally

Aiello Inc., a Taiwan-based natural language processing and voice artificial intelligence (AI) startup, announced Monday it has raised $5.8 million in a Series Pre-A+ funding round. The round was led by two major institutional investors, JAFCO Asia and Wistron Corporation.

AC Ventures partners CTO-as-a-service firm 8020cto to boost Southeast Asian tech teams

8020cto, a CTO-as-a-service company, has partnered with AC Ventures by committing to provide engineering leadership solutions for the firm’s portfolio companies.

X-PITCH 2022 Global TOP150 announced

150 semi-finalists of this year’s X-PITCH were selected from 4,000+ startups in 51 countries.

Malaysia’s Aerodyne secures $30M strategic investment bridging round led by Petronas

Malaysia-based drone service provider Aerodyne Group announced Monday that it had raised $30 million as part of its latest bridging round. Iits long-time client Petronas, via its corporate venture capital arm Petronas Ventures, has led the funding round.

Thailand’s LINE MAN Wongnai raises $265M Series B funding led by GIC and Line

LINE MAN Wongnai, a Thailand-based food delivery startup, announced Monday that it has raised $265 million in a Series-B investment round led by GIC, Singapore’s sovereign wealth fund, and LINE Corporation. This fundraising round was also joined by BRV Capital Management, PTT Oil and Retail Business Public Company Limited (OR), Bualuang Ventures and Taiwan…

Malaysia’s Instapay Technologies raises $4.75M Series A funding led by Daiwa Securities-backed fund

Malaysia-based payments fintech firm Instapay Technologies Sdn Bhd, has raised $4.75 million Series A funding round, to fuel its growth in ASEAN and Middle East markets.

Philippine Sprout Solutions acquires process automation platform Linnia

Sprout Solutions, a human resource (HR) solutions provider in the Philippines, has acquired process automation platform Linnia from Aiah (Innovantage), a conversational artificial intelligence (AI) and process automation company in the Philippines.

DBS launches self-directed crypto trading function for accredited wealth clients

Singaporean bank DBS announced Friday that it has rolled out self-directed crypto trading via DBS digibank, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx at their convenience.

Philippine CloudEats closes fresh $7M funding round for SEA expansion

CloudEats, a Phiilippine-based cloud restaurant company, has raised $7 million in a fresh funding round led by Nordstar, a London-based venture firm.