On location
Khazanah to acquire INCJ’s stake in Malaysia’s telecommunications infrastructure firm EDOTCO
Malaysia's sovereign wealth fund Khazanah Nasional Berhad and Innovation Network Corporation of Japan (INCJ) have announced that Khazanah will acquire INCJ’s stake in telecommunications infrastructure provider EDOTCO Group.
HKUST partners SIIC to launch Hong Kong biotechnology fund
The Hong Kong University of Science and Technology (HKUST) and Shanghai Industrial Investment (Holdings) Co., Ltd. (SIIC) have announced the establishment of the Hong Kong Biotechnology Fund (HKBF) to foster innovation in the life sciences sector.
Singapore’s PvX Partners raises $3.8M in seed funding co-led by Play Ventures and General Catalyst
PvX Partners, the Singapore-based financing platform designed for scaling consumer apps, has on Tuesday announced $3.8 million in seed funding co-led by Play Ventures and General Catalyst.
Tencent Cloud partners TrueWatch to launch Indonesia’s first multi-cloud SaaS observability platform
Tencent Cloud, the cloud business of global technology company Tencent, has on Monday announced its strategic partnership with TrueWatch, a Singapore-based unified monitoring platform provider, to launch Indonesia’s first multi-cloud software as a service (SaaS) observability platform.
Catcha Digital acquires 60 percent stake in Framemotion Studio for $8.4M
Malaysia-based digital media firm Catcha Digital Berhad has proposed to acquire 60 percent stake in digital media advertising solutions provider Framemotion Studio Sdn Bhd for MYR 37.32 million ($8.4 million).
US’s Terabase secures $130M Series C from SoftBank to accelerate construction of utility-scale solar
Terabase Energy, a global digital and automation solutions for utility-scale solar power, has announced the closing of its $130 million Series C financing round.
CIMB: Malaysia remains an attractive proposition for global data center hyperscalers
CIMB Securities said in a note on Wednesday that despite concerns over a shift in the US government’s artificial intelligence (AI) chip policies and the emergence of DeepSeek, Malaysia remains an attractive proposition for global data center hyper scalers.
Backbase partners Synpulse to accelerate banking transformation across APAC
Global fintech firm Backbase has announced a strategic partnership with financial services consulting firm Synpulse to accelerate digital transformation for banks across Asia-Pacific.
HK’s Watawaste to raise funds in 2025 as its sustainable food app Yindii eyes expansion across Asia [Q&A]
We talked to Louis-Alban Batard, Co-founder & CEO, Watawaste HK Ltd (a Cyberport incubatee) which develops sustainable food app – Yindii, to learn more about the company’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Hong Kong for the new year and how he sees Southeast Asia.
TNGlobal Tracker: Startup Funding Snapshot for February 2025
The Southeast Asia (SEA) Monthly Funding Tracker for February 2025 indicates that funding activity slowed during the month. Total funding amounted to $92.9 million across 18 rounds, marking a decline of 86.56 percent compared with January 2025 and a 69.03 percent decline from February 2024.
