On location
US-based Electra bags $186M Series B funding round co-led by Capricorn Investment Group, Temasek
The round is co-led by Capricorn Investment Group and Temasek Holdings, joined by visionary investors including Breakthrough Energy Ventures, Lowercarbon Capital, Builders Vision, Collaborative Fund, S2G Investments, iron ore majors BHP Ventures, Rio Tinto, Roy Hill, top electric arc furnace (EAF) steelmakers Nucor and Yamato Kogyo, and corporations like…
BYD Sime Motors partners Malaysia’s Ministry of Transport to reduce carbon emissions through EVs in the country
BYD Sime Motors, the official distributor of BYD cars in Malaysia, is partnering up with the Ministry of Transport (MOT) of Malaysia to advance the nation’s low-carbon mobility agenda.
Surfin Meta Digital Technologies completes funding round of $26.5M
Surfin Meta Digital Technologies, a Singapore-headquartered financial technology solutions provider for the underserved, has announced the successful completion of its oversubscribed funding round.
SoftBank, Tether, Bitfinex team up to launch Bitcoin-native venture
SoftBank Group Corp., Tether and Bitfinex have teamed up to launch Twenty One Capital, Inc., a bitcoin-native company, through a business combination with Cantor Equity Partners (CEP).
LenderLink secures $1.25M pre-seed funding to build high-tech real-time credit bureau in the Philippines
LenderLink Philippines, a fintech focused on improving credit data infrastructure, has raised $1.25 million in an oversubscribed seed round.
Zoho forges strategic partnership with Cradle to empower Malaysia’s startup ecosystem
Zoho Corporation, an India-based technology company, has announced a strategic partnership with Cradle Fund Sdn Bhd (Cradle), an early stage start-up influencer, to empower Malaysia’s startup ecosystem.
Singapore’s GIC leads $152M Series F in U.S. custodian Altruist
Altruist, a US-based custodian for registered investment advisors (RIAs), announced Tuesday that it has raised $152 million in Series F funding led by GIC, a Singapore-based institutional investor.
D2C companies in SEA raise $32.5M in 2024, a 3 times surge from 2023: Tracxn
The direct-to-consumer (D2C) sector is making its mark in Southeast Asia (SEA)’s startup ecosystem, with more than 2,000 companies and all-time funding of $300 million, Tracxn said Wednesday.
Bee Alternatives Management acquires JAFCO Asia to strengthen presence in venture capital
Bee Alternatives Management Ltd. (BAM), the equity holding company of Malaysia-based Bee Alternatives Limited (BAL), announced Wednesday that it has entered into a definitive agreement to acquire 100% of the shares in JAFCO Investment (Asia Pacific) Ltd. (JAFCO Asia) from JAFCO Group Co., Ltd. (JAFCO).
Japanese semiconductor firm Ferrotec breaks ground on second high-tech manufacturing facility in Malaysia
Japanese semiconductor firm Ferrotec Holdings Corporation has broken ground on its second high-tech manufacturing facility at Kulim, Kedah of Malaysia, with an investment of MYR 1 billion ($226 million).
