Asia

Hong Kong’s AI firm viAct raises $7.3M Series A for expansion in MENA and Europe

ViAct , a Hong Kong-based artificial intelligence (AI) company, announced Monday the close of $7.3 million Series A round led by Dublin-based private equity firm Venturewave Capital.

PATRIZIA, Mitsui partner Kaer to accelerate CaaS expansion in Asia with up to $350M investment commitment

PATRIZIA, together with Mitsui & Co., Ltd. (Mitsui), has made a strategic investment in Kaer via the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).

Antom partners Adobe to improve payment access across Asia

Antom, a provider of unified merchant payments and digitization solutions under Ant International, and Adobe, an American computer software company, have announced a strategic partnership to launch an optimized payment experience and tailored digital marketing offerings for Adobe’s customers across Asia.

NVIDIA to manufacture American-made AI Supercomputers in US for first time

“The engines of the world’s AI infrastructure are being built in the United States for the first time,” said Jensen Huang, founder and CEO of NVIDIA. “Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency.”

Carsome partners JACCS to accelerate auto financing in Malaysia

Carsome, Southeast Asia’s largest integrated car e-commerce platform, and JACCS, a Japanese consumer finance company under the Mitsubishi UFJ Financial Group (MUFG), have officially cemented their strategic partnership to accelerate accessible auto financing in Malaysia.

Airwallex reports triple-digit full year revenue growth in Singapore for 2024

Airwallex, the global payments and financial platform, has on Wednesday reported strong FY2024 performance in Singapore.

OneInfinity by OneDegree partners SlowMist to strengthen security, resilience of Web3 ecosystem

OneInfinity by OneDegree, the Hong Kong-based provider of digital asset insurance and risk management solutions, has announced a strategic partnership with SlowMist, the China-based blockchain security firm, to enhance Web3 security and insurance solutions for the digital asset ecosystem.

Hong Kong’s ESR commences development of $1B final phase of logistics park in Japan’s Kawanishi with inaugural domestic fund closing

ESR Group Limited, a Hong Kong-based real asset owner and manager, has broken ground on ESR Kawanishi Distribution Center 3 (ESR Kawanishi DC3), the third building and the final ready-built facility of its integrated full-service ESR Kawanishi Distribution and Techno Park (ESR Kawanishi) in Osaka, Japan.

Ant Digital Technologies establishes international headquarters in Hong Kong

Ant Group's subsidiary Ant Digital Technologies has established its international headquarters in Hong Kong, the firm said in a statement on Tuesday.

Nourish Ingredients partners CABIO Biotech for global commercial scale of precision fermentation fats

In partnership with Chinese biotechnology company CABIO Biotech, Australian animal-free fats and precision fermentation startup Nourish Ingredients has successfully completed its first commercial production of Tastilux®, its potent meaty fat.