Asia

The Invention Lab completes seed investment in Singapore’s AI computing startup RIDM

The South Korea-based venture capital firm The Invention Lab has completed its seed investment in a Singapore-based artificial intelligence (AI) computing startup RIDM.

ASPAC region sees both fintech deal value and volume fall to ten-year lows – KPMG

Asia Pacific (ASPAC)'s fintech deal value and deal volume dropped from an already soft $11.7 billion across 1,028 in 2024 to $9.3 billion across 763 deals in 2025 — levels not seen in over ten years, KPMG said in its recent report.

Digital Realty expands innovation lab network to Singapore, Japan and London to accelerate AI and hybrid cloud implementation

Digital Realty, the global cloud- and carrier-neutral data center platform, announced Wednesday the expansion of its Digital Realty Innovation Lab (DRIL) into Singapore, Japan and London.

Mambu expands payments hub into Indonesia, the Philippines, Malaysia and Singapore

Mambu, a global software as a service (SaaS) cloud banking platform, announced Wednesday the expansion of its Payments Hub solution into a number of territories including Indonesia, the Philippines, Malaysia and Singapore, marking the first time the platform will be available to customers in Asia.

SoftBank joins QAI Ventures to build Singapore quantum hub

QAI Ventures, the Switzerland-based investor and ecosystem builder in quantum and advanced computing technologies, is launching a specialized industry cluster in Singapore to accelerate the commercialization of quantum-classical hybrid computing, backed by strategic partnerships with SoftBank Corp. and HorizonX.

Peak XV announces $1.3B across three new funds for exceptional founders in India, APAC and beyond

Peak XV has announced the closing of $1.3 billion in new capital commitments across its India Seed, India Venture, and APAC funds.

Workday appoints tech veteran Yen Yen Tan to APAC International Advisory Board

Workday, Inc., the enterprise artificial intelligence (AI) platform for managing people, money, and agents, has announced the appointment of Yen Yen Tan to its APAC International Advisory Board (IAB), effective on Monday.

SMFG, IFC partner to launch $500M digital inclusion bond, supporting MSMEs in emerging markets

To promote digitalization and jobs in emerging markets, the International Finance Corporation (IFC), a member of the World Bank Group, has partnered with Sumitomo Mitsui Financial Group (SMFG), a Japanese financial group, to launch the world’s first social bond exclusively dedicated to digital inclusion, including for micro, small, and medium enterprises…

Animoca Brands secures VASP license from Dubai’s VARA

Animoca Brands, a global digital assets firm, announced Monday it has received a virtual asset service provider (VASP) License from Dubai’s Virtual Assets Regulatory Authority (VARA).

SoftBank and AMD to jointly validate utilization of AMD Instinct GPU for next generation AI infrastructure

Japan-based SoftBank Corp., together with the United States-based technology firm Advanced Micro Devices, Inc. (AMD), commenced the joint validation of utilizing AMD Instinct graphics processing units (GPUs) in advancing next generation AI infrastructure computing resources.