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Singapore-based MetaVerse Green Exchange steps up climate action in Southeast Asia with appointment of former Bank of England Senior Advisor

MetaVerse Green Exchange (“MVGX”), a digital green exchange licensed and regulated by the Monetary Authority of Singapore (“MAS”), announced on Thursday the appointment of former Bank of England Senior Advisor Michael Sheren as President and Chief Strategy Officer (CSO) as the firm strengthens its end-to-end suite of Carbon as a Service (CaaS) products to…

Brinc partners DayDayCook to invest $10M in food technology companies

Brinc, a Hong Kong-based venture accelerator with a global sustainability mandate, and DayDayCook, a Hong Kong-based content-to-commerce culinary platform, announced Thursday a commitment of $10 million to invest in food technology companies that are developing the sustainable, animal-free, global food ecosystem and scaling commercialization in Greater…

Samsung SDI invests $1.3B in cylindrical battery lines in Malaysia

Samsung SDI announced Thursday it will invest 1.7 trillion won ($1.3 billion) in cylindrical battery lines in Malaysia to accelerates challenge to be global top tier company by 2030. Its decision to construct the second factory in Malaysia comes as a strategy to meet the rising demand for cylindrical batteries recently.

Bezos-backed Ula wants to help digitalize MSMEs in Indonesia. Here’s how. [Q&A]

We talked to Ula’s Co-Founder and Chief Technology Officer Alan Wong to learn more about the key barriers of adoption for digital tech in Indonesia outside of big metro areas, its plans and strategy after securing funding, among other issues.

SGTech launches Smart Nation Colab to strengthen SMEs role in Singapore’s Smart Nation vision

With digitalization key to accelerating the transformation of the built environment sector, the recent government-led Smart Nation initiatives reinforce the need to build a Digital Economy, encouraging businesses to integrate technology and solutions such as data analytics, artificial intelligence (AI), and the Internet of Things (IoT) into existing work…

India’s Shaka Harry raises $2M seed funding led by Better Bite Ventures, Blue Horizon and Panthera Peak

Indian plant based meat company Shaka Harry said Wednesday it has received a total investment of $2 million in seed funding round led by Better Bite Ventures, Blue Horizon and venture debt fund Panthera Peak. Other investors include; Dexler Holdings, Chef Manu Chandra and a group of domestic family offices and angel investors.

Thailand Post Distribution and SWAT Mobility collaborate to drive sustainability through AI Innovation in deliveries

Thailand’s leading courier company, Thailand Post Distribution, signed a Memorandum of Understanding (MOU) on Wednesday, with Singapore-based smart mobility firm, SWAT Mobility.

Carsome expands Malaysia-based regional headquarters

Southeast Asia’s largest integrated car e-commerce platform Carsome announced Wednesday the expansion of its regional headquarters in Malaysia, which signifies the company’s efforts in growing a high-skilled workforce to solve customers’ pain points in the car ownership journey.

XLD Finance raises $13M pre-series A funding led by Dragonfly Capital and Infinity Ventures Crypto

XLD Finance, a borderless decentralised ecosystem that provides financial tools to emerging economies, announced Wednesday that it has successfully raised $13 million during the pre-Series A funding round led by Dragonfly Capital and Infinity Ventures Crypto (IVC).