Asia
Japan’s Z Venture Capital launches $190M new fund to support startups globally
Japan-based investment firm Z Venture Capital (ZVC) has launched a new fund with a total size of 30 billion yen ($190 million) to support startups globally.
Temasek, EQT to exit Indian renewable energy platform O2 Power
Singapore state-owned investor Temasek and Sweden global investment organization EQT Infrastructure IV have announced the sales of Indian renewable energy platform O2 Power to India-based power firm JSW Neo Energy for $1.5 billion.
Exploring Asia’s AI & Web3 Boom: An Interview with Venezuelan Tech YouTuber Rafael Saavedra
Rafael, who lived in Asia for nine years, also shared his views on the future of FinTech, and his experience as a video content creator in the exclusive interview. According to Rafael, no tech conference is complete without AI, blockchain and green finance in 2024.
Nissan and Honda plan merger to maintain global competitiveness
Japanese multinational automobile manufacturers Nissan Motor and Honda Motor have officially began merger talks to maintain global competitiveness.
PFN, Mitsubishi and IIJ team up for AI cloud computing
Preferred Networks (PFN), Mitsubishi Corporation (MC) and Internet Initiative Japan (IIJ) have on Monday announced that the three companies will establish their joint venture Preferred Computing Infrastructure, Inc. (PFCI) in January 2025.
Toyoda Gosei acquires stake in EV Motors Japan
Japan-based automotive components manufacturer Toyoda Gosei Co., Ltd. has acquired a stake in EV Motors Japan Co., Ltd. (EVM-J), a startup engaged in the development and sales of commercial electric vehicles such as trucks and buses.
Travel Alliance partners Grab, Trip.com for cross-border telco rewards program
The Travel Alliance, comprising Singtel, AIS, Globe, HKT, Optus, Taiwan Mobile and Telkomsel, has on Friday announced strategic partnerships with ride-hailing, delivery, and travel brands Grab and Trip.com for cross-border telco rewards program.
Singapore and Australia expand cooperation on AI with new MOU
Singapore and Australia have signed a new Memorandum of Understanding (MOU) reaffirming their commitment to facilitate artificial intelligence (AI) adoption amongst their citizens and businesses, and promote responsible AI development and deployment.
Gobi Partners announces Techxila Fund II & signs MOU with Bank of Punjab to drive economic cooperation
The launch of $50 million Techxila Fund II builds on the success of Gobi’s first Pakistan-focused venture capital fund, which has invested in 22 startups to date.
Solarvest partners Vista to develop solar projects in Malaysia, Brunei, Taiwan and Cambodia
Malaysian clean energy solutions provide Solarvest Holdings Berhad has partnered with Singapore-based renewable energy (RE) company Vista Contracting and Investment Global Pte Ltd, to jointly develop certain rooftop and utility scale solar projects in Malaysia, Brunei, Taiwan and Cambodia.
