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Yinson partners AEON to develop Malaysia’s largest retail EV charging network

Malaysia-listed energy infrastructure and technology firm Yinson Holdings Berhad (Yinson) has partnered with retailer AEON CO. (M) Bhd (AEON) to provide charging infrastructure across AEON and AEON BiG shopping outlets in Malaysia and introduce e-mobility leasing solutions for Aeon Group’s logistics fleet.

Indonesia’s ARIA secures $5M seed funding led by East Ventures

ARIA, a one-stop solution for Indonesia’s agriculture service, said Monday it has secured $5 million of seed funding led by East Ventures, who joined the pre-seed round in March 2022. This round of funding was also joined by Triputra Group, Michael Sampoerna, Arkana Ventures, GK-Plug & Play, and other strategic investors.

The rise of Web3: Asia Pacific expected to grow at fastest rate

In line with the rapid growth and interest in Web3, TechNode Global has introduced a category “Web 3 Disruptors” in the third edition of ORIGIN Innovation Awards.

Lights, camera, accelerator! Techsauce Global Summit opens with news of startup & SME supports

An estimated 10,000 attendees, 1,500 startups, 300 speakers are expected to turnout by the end of the two-day event, which is currently underway in physical form at ICONSIAM, Bangkok for the first time in two years.

Malaysia Science Ministry to identify needs of R&D, C&I industry players, says minister

Dr Adham also announced the collaboration of MRANTI with five IPTs for the Supercharger Series to bring the best 50 intellectual properties of spin-off companies to the path of commercialization.

Singapore’s SolanaFM completes strategic seed funding round raising $4.5M

Singapore-based crypto firm SolanaFM announced Thursday that it has secured $4.5 million in a seed funding round led by SBI Group's Digital Asset Opportunity Fund. The seed funding round that was spearheaded by SBI Group's Digital Asset Opportunity Fund attracted the participation of top venture capital firms including Zee Prime, Spartan Group, Mirana…

PropertyGuru’s 2Q revenue rises 44 percent as all business segments grow

Singapore-based proptech firm PropertyGuru saw its revenue for the second quarter ended June 30 rose 43.6 percent to S$33.03 million ($23.74 million) from $23 million ($16.53 million) a year ago, underpinned by growth across all markets and business segments.

Animoca Brands Japan raises $45M from MUFG and Animoca Brands to grow Web3 business

Animoca Brands KK (Animoca Brands Japan), a strategic subsidiary of Animoca Brands Corporation Limited focusing on cooperative partnerships in Japan for non-fungible token (NFT)-related business opportunities, announced Friday that it has raised a total of $45 million from MUFG Bank, Ltd. (MUFG) and Animoca Brands Corporation Limited valuing the company at…

Grab’s 2Q revenue rises 79 percent on higher mobility and deliveries contribution

Southeast Asia’s super app Grab announced Thursday that its revenue surged 79 percent year on year to a record high of $321 million, driven by strong growth in mobility and deliveries revenue, including contributions from its recently-acquired Malaysian retail chain Jaya Grocer.

India’s Loopworm raises $3.4M seed round co-led by Omnivore and WaterBridge

India's insect biotech startup Loopworm announced Wednesday that it has raised a $3.4 million seed round co-led by Omnivore and WaterBridge Ventures. The round also saw participation from Titan Capital and leading angel investors including Nadir Godrej (Godrej Agrovet), Sanjiv Rangrass (ex-ITC), and Akshay Singhal (Log9 Materials).