Asia

Goodwater raises over $1B to support consumer technology startups globally

Goodwater, the United States-based venture capital fund exclusively focused on consumer tech investments, announced Tuesday that it has raised over $1 billion across its family of early and growth stage funds. With this raise, the firm accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good.

Singapore’s Mirxes to list in Hong Kong after securing $50M in Series D funding

Mirxes Holding Company Limited, a Singapore-headquartered biotech firm, announced Tuesday that it has filed listing application with The Stock Exchange of Hong Kong Limited after securing $50 million Series D funding.

Foodpanda partners TabSquare to deliver AI-powered solutions to digitalize dining experiences in restaurants across Asia

Germany-based food and grocery delivery network Foodpanda has partnered with Singapore-based artificial intelligence (AI)-powered in-restaurant solutions provider TabSquare to jointly offer digital solutions for restaurants to streamline processes and elevate dining experiences.

Nissan to invest $664M in Renault’s EV and software entity Ampere

Japanese automaker Nissan Motor Co. has committed to invest up to Euro 600 million ($664 million) in Ampere, Renault Group’s new electric vehicle (EV) and software entity in Europe. This investment opportunity aligns with Nissan's electrification strategy, creating multiple potential benefits and synergies that complement Nissan's own goals and initiatives…

Crypto.com partners with LINE Xenesis to drive crypto adoption in APAC

Singapore-based cryptocurrency exchange company Crypto.com has partnered with LINE's crypto asset and blockchain-related business developer LINE Xenesis Corporation (LINE Xenesis) to advance the latest cryptocurrency business solutions developed by Crypto.com through the LINE user network and collectively advance crypto technology across Asia Pacific and…

Wise Platform expands APAC footprint with nine new integrations in six months

Wise Platform, Wise’s infrastructure offer for banks andnon-banks alike, has on Wednesday announced its continued expansion in Asia Pacific (APAC), integrating with nine partners in the first half of 2023. The firm has also launched a new feature to help enterprises and theircustomers spend and manage money in multiple currencies.

Temasek backs $304M first close of Australian deep tech Main Sequence’s third fund

Main Sequence, the Australian deep tech investment fund founded by Australia’s national science agency CSIRO, has on Wednesday announced the first close of its third fund, raising AUD 450 million ($304.46 million) from investors including Singapore state-owned fund Temasek.

Alibaba Cloud sees increase in demand from various industries in Malaysia market, says VP [Q&A]

In the interview, Alibaba Cloud Vice President and General Manager of Enterprise Service Cloud William Xiong also shared about how digitization can help carbon neutralisation, insights on the latest development and technology for carbon management, Alibaba’s own approach to carbon reduction, among others.

Blockdaemon, OneDegree team up for digital asset insurance

OneDegree, a Hong Kong-based insurance provider for digital assets, has teamed up with Blockdaemon, a United States-based blockchain infrastructure platform that connects institutions to prominent networks, to offer digital asset insurance.

Hong Kong online wholesale marketplace Peeba officially launches in Southeast Asia

Hong Kong online wholesale marketplace Peeba is marking the first step in its Southeast Asia expansion by announcing that it is setting up an office in Indonesia. By empowering small retailers, both online (including TikTok and Instagram shops) and offline, to compete on the same footing as larger retailers, Peeba is set to disrupt the traditional retail…