On location
Australia’s plastic alternative firm Uluu aims to build commercial plant in 2025
Uluu uses farmed seaweed rather than terrestial crops or waste as a carbon source to produce a plastic alternative. Doing so not only provides economic advantages but, more importantly, the unique potential to scale enough carbon to decouple our polymer economy from fossil fuels, information from its website showed. From its unique seawater process, Uluu’s…
Qiming Venture Partners’ portfolio company LanzaTech lists on Nasdaq
LanzaTech NZ, Inc., an innovative leader in carbon capture and transformation and a Qiming Venture Partners portfolio company, listed on Nasdaq on Feb 10, following the completion of its business combination with AMCI Acquisition Corp. II (AMCI), a special purpose acquisition company (SPAC).
Indonesia’s Asa Ren raised oversubscribed $8.15M co-led by Top Harvest Capital, Kejora Capital, Marcy Venture Partners
Asa Ren, an Indonesia-based DNA data company based in Indonesia, has on last week announced the closing of a new early stage round of fundings of $8.15 million. This oversubscribed round was co-led by Top Harvest Capital (Silicon Valley USA), Kejora Capital (Kejora-SBI Orbit Fund and Orbit Capital Malaysia), and Marcy Venture Partners (Silicon Valley USA),…
Amazon partners SG Enable for hiring and empowering persons with disabilities
American multinational technology company Amazon has on Thursday signed a Memorandum of Understanding (MoU) with SG Enable, to partner with Singapore’s focal agency for disability and inclusion, to hire persons with disabilities and help create equal opportunities for them at Amazon’s Operations facilities in Singapore.
This startup aims to capture 10,000 tons carbon from farmland this year using volcanic rock dusts
“Our [ultimate] goal is to get to a billion tons of carbon captured as quickly as possible," Yap said.
VinFast partners E.ON Drive to electrify VinFast’s European retail and service network with charging infrastructure
VinFast, Vietnam’s first global manufacturer of battery-powered electric vehicles and E.ON Drive, the eMobility specialist of one of Europe's leading utility companies, announced their cooperation to equip VinFast locations with a charging infrastructure in Germany, France, and the Netherlands.
Neil Fong appointed as BurdaPrincipal Investments Managing Director in Asia
Neil Fong has been appointed Managing Director in Asia for BurdaPrincipal Investments (BPI). In his new role at Hubert Burda Media´s international growth capital arm, Neil will continue to expand the investment activities in the region and drive further growth.
Moonfare caps Series C extension round at about $15M, bringing its Series C funding to $130 million+
Moonfare, a global digital private equity investment platform with its Asia Pacific offices headquartered in Singapore and Hong Kong, has capped the extension of its Series C financing round at about $15 million, achieving a record valuation.
Singapore’s Tazapay raises $16.9M Series A funding led by Sequoia Capital Southeast Asia
Tazapay, a Singapore-based fintech company specialising in cross-border payments, has on Wednesday announced that it has raised $16.9 million in its Series A funding round. Sequoia Capital Southeast Asia led the round, with EscapeVelocity (escp.vc), PayPal Alumni Fund as well as renowned angel investor Gokul Rajaram joining as new investors.
India’s Turno raises $13.8M funding co-led by B Capital and Quona Capital
Turno, an India-based platform for commercial electric vehicle (EV) distribution and financing, has on Wednesday announced a $13.8 million Series A funding as it scales across the country and plans to build proprietary battery technology.
