On location

Indonesia’s FitHappy secures pre-seed funding from East Ventures

FitHappy, an Indonesian-based healthtech startup, announced Monday that it has secured an undisclosed amount of pre-seed funding from East Ventures, with participation from other investors.

Singapore’s Navigate Commodities raises $378,000 seed funding from Stellar James Management and Palmm

Singapore-based commodities intelligence startup Navigate Commodities said Friday it has bagged SGD$541,000 ($378,045) in a pre-Series A seed funding round joined by Stellar James Management Pte Ltd and Palmm Pte Ltd.

SGTech sees Singapore’s digital trust to grow to $3.36B in next five years

SGTech, the premier trade association for the tech industry in Singapore, on Friday launched a holistic and comprehensive landscape report into digital trust, which details how Singapore could grow the digital trust sector by nearly three-fold by 2027 – from S$1.7 billion ($1.19 billion) currently to S$4.8 billion ($3.36 billion).

Indonesia’s Runchise raises seed funding led by East Ventures

Runchise, a restaurant management startup and culinary franchise in Indonesia, announced Friday the completion of seed funding led by East Ventures.Other investors participating in this funding round include Genesia Ventures, Arise MDI Ventures, Init6, Prasetya Dwidharma, Alto Partners, and angel investors.

Indonesia’s Xurya receives additional funding from Mitsui to top $33M Series A

PT Xurya Daya Indonesia (Xurya), a solar power rental and installation startup, has received additional series A funding from global trading and investment company Mitsui & Co., Ltd. (Mitsui) and PT Surya Semesta Internusa Tbk (SSIA). Its total funds obtained through series A reached 33 million US dollars following the raise.

This startup allows you to reunite with deceased loved ones using AI technology

DeepBrain AI, a company specializing in artificial intelligence (AI) and reviving dead parents as AI avatars, aims to become an AI unicorn as it expands into the US and China markets following a fundraise in August.

Singapore’s AUM Biosciences plans to go public via SPAC merger

Singapore-based biotechnology company AUM Biosciences (AUM) plans to go public on Nasdaq via a special purpose acquisition company (SPAC) merger with Mountain Crest Acquisition Corp.

Malaysia’s K-One to conduct cloud computing business in Vietnam

Malaysian technology solutions provider K-One Technology Berhad (K-One Tech or K-One Group) plans to establish a joint venture in Vietnam to conduct cloud computing business.

The 11th Lee Kuan Yew Global Business Plan Competition seeks student innovators globally to reimagine a deep-tech enabled future

One of the world’s largest global university start-up competitions, the Lee Kuan Yew Global Business Plan Competition has now opened its call for applications.

India’s Zoomcar bags $10M financial investment in connection with the merger with Innovative

India-based car sharing platform Zoomcar announced Wednesday $10 million financial investment in connection with the merger with Innovative International Acquisition Corp, a United States-listed special purpose acquisition company.