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MATRADE, MDEC ink MoU to enhance Malaysian tech companies’ global footprint

The MoU aims to better facilitate the current and export ready Malaysian tech companies in strengthening their global footprint through more concerted and collaborative trade promotion initiatives.

Gobi Partners invests in Malaysia’s e-waste recycling firm ERTH

ERTH not only facilitates responsible e-waste disposal but also rewards contributors with cash incentives or vouchers.

917Ventures’ PetPal targets $1.6B pet care market in Southeast Asia – expands access to essential pet care for Filipinos

PetPal Club subscription service provides users unlimited teleconsultations for up to two pets annually, along with discounts on pet services. A mobile app version is expected to launch later this year.

Animoca Brands raises $20M for its Mocaverse project in funding round led by CMCC Global

The funding round was led by CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), institutional investors of Koda Capital, and others. Yat Siu, the executive chairman and co-founder of Animoca Brands is also participating in…

Indonesia’s manufacturing platform Manuva raises $8M from Tin Men Capital & others

Tin Men Capital, a Singapore-based venture capital firm which focuses on Southeast Asian B2B tech startups has invested $3 million in the total $8 million financing raised by Manuva.

Regional InsurTech firm Igloo expands Thailand operations to support country’s $32B insurance industry

Igloo has appointed John Chen as Country Manager, Igloo Thailand. In his new role, Chen will spearhead the growth and operations of Igloo in the market, in addition to establishing more strategic partnerships and delivering an expanded range of insurance products to Thai consumers.

Singapore Computer Society unveils 3rd edition of Singapore 100 Women in Tech (SG100WIT) List

The Singapore 100 Women in Tech (SG100WIT) 2023 is the third edition, and it received a total of 800 nominations – an increase of almost one-third from the 2021 edition, signalling the growing recognition and value that women bring to the tech sector.

Norway sovereign fund closes Shanghai’s office, Singapore office to serve as regional hub

The sovereign fund said its investments in China remain unchanged and the decision is driven by operational considerations and does not affect the fund’s investment strategy or its investments in China.

This Korean startup aims to reduce truck accidents with its real-time truck tire profile direct sensing technology

According to Lee, BANF’s primary focal points encompass the US and China, both of which constitute the most sizable segments within the realm of ground logistics.

Malaysia’s Science & Technology Ministry looks into VCs’ suggestions to support tech startup ecosystem

Among the key areas discussed were potential tax incentives, flexible regulations, and creative financing models that could provide a robust framework for startups to thrive.