Asia

Abu Dhabi Future Energy Company PJSC – Masdar, the United Arab Emirates (UAE)’s clean energy powerhouse plans to invest $8 billion for renewable energy projects in Malaysia. Masdar will develop up to 10 gigawatts (GW) of renewable energy projects in a strategic partnership that will significantly contribute to Malaysia’s sustainable energy……

Japan-based venture capital firm Beyond Next Ventures, Inc. said Wednesday that it has achieved first close of its deeptech fund at over $67.17 million. The firm said it will continue its fund-raising activities in order to realize its final target size of JPY 20-25 billion ($134.34 million to $167.93 million).

UnaFinancial (formerly known as Robocash Group), a Singapore-based fintech group, has partnered with Velexa, a United Kingdom-based wealthtech disruptor to launch a digital investing platform in the United Arab Emirates (UAE).

Global insurance firm Allianz Partners and Singapore-based insurtech firm bolttech have announced a partnership to provide embedded device and appliance protection insurance across Asia Pacific (APAC) and the United States.

ALIAVIA Ventures, the California-based venture capital firm investing exclusively in female tech founded startups across Australia and the United States, has on Tuesday announced the close of its first fund, raising AUD 13.5 million ($8.7 million).

Germany-based investment manager PATRIZIA and Japan's trading an investment firm Mitsui have committed to invest up to AUD 70 million ($44.53 million) in a major solar and battery development program in Australia through the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).

East Ventures, an Indonesia-based venture capital firm, and SV Investment, a South Korea-based venture capital and private equity firm firm, have on Friday announced the $100 million dedicated fund for Southeast Asia. This fund aims to open the investment corridor between the Southeast Asian and Korean venture ecosystem, including capital investment,…

The Bank for International Settlements (BIS) and central bank partners have on Thursday launched Project Mandala, which explores the feasibility of encoding jurisdiction-specific policy and regulatory requirements into a common protocol for cross-border use cases such as foreign direct investment, borrowing and payments.

Aampe, an artificial intelligence (AI)-native user engagement platform, has on Thursday announced a $7.5 million Pre-Series A funding round led by Matrix Partners India and Peak XV Partners (formerly Sequoia Capital India & SEA). The new capital will support product development and fuel growth as the company continues its rapid global expansion.

Global technology distributor and solutions provider Avnet has recently signed a contract with Kerlink, a provider of internet of things (IoT) solutions based in France, formalizing its role as master distributor of Kerlink's LoRaWAN gateway products and associated software services in Asia Pacific.