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Carousell, L Catterton SPAC merger talks end – report

The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger agreement with Carousell.

Indonesia poultry tech firm Pitik raises $14M in Series A funding led by Alpha JWC Ventures

The fresh funding will also be used for aggressive team expansion. Headquartered in the Greater Jakarta Area with operations in 14 cities, Pitik aims to add dozens of deep tech engineers, operations professionals, as well as poultry experts to its current team.

VinFuture Prize officially announces commencement of the Pre-Screening Round

The 2022 VinFuture Pre-Screening round takes place from May 18th to late September, 2022 and aims to enable the Council to meticulously evaluate the most impactful and award-worthy works to proceed to the final round.

Singapore skyline SGX SPAC

Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund

The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.

SMU and Synagie partner to upskill and plug skill gaps in Southeast Asia’s ecommerce and tech workforce

The programs are specially designed to address the specific talent and skills shortages faced by the technology and eCommerce sector in Singapore and Southeast Asia, with the aim of upskilling over 3,000 sector professionals by 2025.

Indonesia career preparation EdTech MySkill secures Seed funding from East Ventures

MySkill, an EdTech startup that focuses on career preparation for youths, announced today that it has secured an undisclosed amount of seed funding from East Ventures, the leading sector-agnostic venture capital firm in Indonesia and Southeast Asia.

Scotch Whisky Johnnie Walker releases NFTs

The tokens unlock access to a unique piece of graphic design by artist Kode Abdo aka BossLogic.

Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B

This brings their total Assets Under Management (AUM) to over $1 billion.

TSBA cohort participants raise $40M through the collaboration with Indonesian Crypto Asset Exchange, Tokocrypto and BRI Ventures

Tokocrypto, an Indonesian crypto-asset digital exchange, has partnered with the country’s leading government-owned bank’s corporate venture capital firm, BRI Ventures, for an initiative known as Tokocrypto Sembrani Blockchain Accelerator (TSBA) powered by TokoLabs. Through the accelerator program, the collaboration has helped emerging blockchain projects…

Zipmex invests in Thailand’s Fintech firm Forward

The investment, made by Zipmex Labs, a unit under Zipmex Group, is part of a series of investments aimed at promoting and supporting blockchain projects and entrepreneurs looking to transform the crypto ecosystem through innovative business ideas, Zipmex said.