Asia

SK Telecom, Deutsche Telekom, e& and Singtel form Global Telco AI alliance

Telecommunication firms - South Korea-based SK Telecom, Germany-based Deutsche Telekom, Abu Dhabi-based e& and Singapore-based Singtel - have on Thursday announced that they formed the Global Telco AI Alliance to create a new customer experience and make a difference in the lives of global citizens using artificial intelligence (AI) technology.

Hong Kong’s Immuno Cure completes $12M first close of Series A financing led by Gobi Partners

Hong Kong-based biotech firm Immuno Cure BioTech (Immuno Cure) announced Thursday that it has closed the $12 million tranche in the $27 million Series A fundraising round. Led by the AEF Greater Bay Area Fund that Gobi Partners GBA (Gobi GBA) manages, this round will be used to accelerate the development of DNA vaccines and antibodies, as well as to prepare…

Animoca Brands to invest $30M in Hong Kong Web3 financial app hi

Hi, the Hong Kong-based Web3 financial app and ecosystem, and Animoca Brands, the company advancing digital property rights for gaming and the metaverse, have joined forces by entering into a memorandum of understanding (MoU) for strategic partnership. As part of the partnership, Animoca Brands will invest $30 million in hi and collaborate on a number of…

Haymarket HQ launches Southeast Asia Tech Immersion Mission to support Australian firms to explore opportunities in SEA

Haymarket HQ, an Australia-based go-to-market accelerator, has on Thursday announced the launch of the Southeast Asia Tech Immersion Mission, which is funded by Investment NSW, to support tech companies and investors from Sydney’s Tech Central interested in exploring and connecting with the region’s ecosystem.

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.