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Gaw Capital Partners expands data center portfolio with acquisition in Fuchu Intelligent Park, Japan

Hong Kong-based real estate private equity firm Gaw Capital Partners announced Monday that the firm, through a fund under its management, has acquired a property located in Fuchu Intelligent Park, Fuchu City, Japan.

AVPN launches $15M AI Opportunity Fund with Google.org, ADB support

AVPN, the largest network of social investors based in Singapore, has announced the launch of the $15 million Artificial Intelligence (AI) Opportunity Fund: Asia-Pacific, with the support of Google.org and the Asian Development Bank (ADB).

India’s Zypp Electric raises $15M in Series C funding led by ENEOS

Zypp Electric, an India-based tech-enabled electric vehicle (EV)-as-a-service platform, has announced the successful kick-off of its Series C funding round, raising $15 million. This round was led by Japanese major ENEOS.

[BEYOND Expo 2024] Global innovators gather at BEYOND Expo 2024 opening ceremony to discuss the future of technology

The ceremony brought together global leaders in technological innovation under the theme "What's Next?", delivering profound insights and unique perspectives to kick off this tech event of the year.

India’s Portl secures $3M in funding round led by Bharat Innovation Fund

Portl, an India-based digital fitness and wellness technology startup, has successfully closed a $3 million funding round led by Bharat Innovation Fund. This round also saw participation from existing investor Kalaari Capital and new investor T-Hub Foundation.

Sime Darby Property partners Pearl Computing to develop hyperscale data center with lease value of $424M

Malaysian property developer Sime Darby Property said Thursday that it has partnered with Pearl Computing Malaysia Sdn Bhd, a wholly-owned subsidiary of a multinational technology company, to develop a hyperscale data center for a multinational tech firm with a lease value of MYR 2 billion ($424 million).

Singapore’s XSQUARE Technologies secures $7.8M in Series A funding led by Wavemaker Partners

XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised SGD 10.5 million ($7.78 million) in Series A funding. The round was led by Wavemaker Partners, the Southeast Asia's leading venture capital firm, with participation from SEEDS Capital, the investment arm of Enterprise Singapore–and Goldbell…

Alibaba partners LVMH to enhance luxury retail experience in China

LVMH Group, the world leader in luxury products, and Alibaba Group, the leading e-commerce and technology company in China, have on Thursday announced an extended partnership to enhance luxury experience in China, leveraging Alibaba’s cloud technologies, through artificial intelligence (AI)-powered innovations in retail and on-line with Tmall.

Bangladesh’s Shomvob raises $1M in pre-seed financing round led by Cocoon Capital

Shomvob, the business to business (B2B) job-tech and human resource (HR) tech platform in Bangladesh, has on Thursday announced a $1 million pre-seed financing round led by Singapore-based early-stage venture capital firm Cocoon Capital.