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News,Venture Building,Malaysia,Events
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.
September 28, 2022
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.
September 27, 2022
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.
September 27, 2022
X-PITCH 2022 Global TOP150 announced
150 semi-finalists of this year’s X-PITCH were selected from 4,000+ startups in 51 countries.
September 27, 2022
News,Investments,Malaysia,Deep Tech
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.
September 27, 2022
News,Thailand,FoodTech,eCommerce,Investments
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…
September 26, 2022
News,Malaysia,FinTech,Investments
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.
September 26, 2022
News,Mergers and Acquisitions,Philippines
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.
September 26, 2022
News,Blockchain / Crypto,Singapore
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.
September 24, 2022
News,Investments,Philippines,FoodTech
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.
September 24, 2022