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Alibaba Cloud announces latest AI models, tools & infrastructure available to drive more efficient global AI community
These advancements aim to empower developers worldwide to build innovative AI applications more cost-effectively and drive a thriving global generative AI community.
SUSI Partners raises $139M from BII, FMO for Southeast Asia renewable assets
Swiss fund manager SUSI Partners has raised $139 million additional investor capital for its Southeast Asia-focused strategy, increasing its total size to $259 million.
IFC invests $130M in Asialink to boost small-business lending in the Philippines
In line with its goal to ramp up financial inclusion in the Philippines, the International Finance Corporation (IFC) announced Tuesday it will provide up to $130 million in investment to Asialink Finance Corporation (AFC).
Indonesia’s seaweed startup Banyu raises $1.25M seed round led by Intudo
With this round of financing, Banyu will establish a seedling cultivation laboratory and nursery and grow its farming and exporting operations.
Titan Lab by Tokenize Xchange acquires Coinseeker in $30M deal to drive innovation
Titan Lab by Tokenize Xchange (Tokenize), the blockchain development arm of the Singapore-based digital asset platform, has acquired Coinseeker, a Singapore-based startup specializing in artificial intelligence (AI)-driven blockchain venture intelligence and incubation services, in a deal valuing the company at $30 million.
Malaysia’s iMotorbike completes Series A funding with $10M to drive regional growth
IMotorbike, a Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles, has announced the successful completion of a $10 million Series A funding round.
Carsome partners Petronas AutoExpert to expand aftersales services in Malaysia
Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, and Petronas AutoExpert, a business unit under Petronas Lubricants Marketing Malaysia, have formed a strategic partnership to enhance aftersales service offerings for customers across Malaysia.
Lazada and Peak3 launch new digital insurance joint venture in Southeast Asia
Lazada, a Southeast Asia's eCommerce platform, and Peak3, a global insurance technology firm, have announced the launch of a joint venture (JV) to build the leading digital and embedded insurance ecosystem in Southeast Asia.
Malaysia’s Maybank Islamic appoints audax and AWS to drive digital transformation
Maybank Islamic Bhd, the Islamic banking arm of Malaysia's lender Maybank Group, has appointed Standard Chartered backed technology solutions provider audax Financial Technology (audax) as its strategic partner to spearhead the digital transformation of its banking services.
Singapore’s uHoo secures $3.7M in funding led by Wavemaker Ventures, Menarco Development Corporation
UHoo, a provider of smart indoor environmental quality (IEQ) monitoring and management solutions based in Singapore, has announced the successful close of a $3.7 million funding round, comprising equity and debt.
