SEA

Mass-market metaverse builder Virtualtech Frontier announces backing by 500 Global

Southeast Asian Metaverse Builder Virtualtech Frontier (VTF), which has an extensive background in developing virtual environments, NFTs, and game development, has announced its…

Indonesian culinary multi-brand firm Hangry eyes up to 100 outlets in 2022 while hunting for M&A targets

Indonesian culinary multi-brand startup Hangry, which raised an additional $22 million for its Series A funding last month, plans to have up to 100 outlets in the country this…

Singapore’s Oddle raises $5M in Pre-Series B funding

Oddle, an omnichannel food and beverage (F&B) technology company headquartered in Singapore, announced on Wednesday the closing of a $5 million funding. The financing was led by…

Singapore skyline SGX SPAC

Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund

Japan's largest FinTech conglomerate SBI Holdings announced on Thursday that it has launched a digital innovation fund with a target fund size of $75 million. General Partners of…

Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B

Singapore-based venture capital firm Jungle Ventures has announced a $600 million close of its Fund IV with $450 million in the main fund and $150 million in additional managed…

Zipmex invests in Thailand’s Fintech firm Forward

Zipmex, Southeast Asia’s crypto platform, has invested in Forward, a Thai-based fintech firm specializing in DeFi Derivatives Trading in a bid to increase operational potential…

KX Knowledge Xchange announces partnership with TechNode Global to build a thriving Thailand startup ecosystem

Bangkok, May 16, 2022 - KX Knowledge Xchange, a Thai-based innovation center, announces its partnership with TechNode Global, a Pan-Asia tech platform offering tech news, events…

Malaysian Prime Minister too, tries to court Tesla to invest in the country – report

Malaysia Prime Minister Ismail Sabri Yaakob has suggested US-headquartered electric vehicle maker Tesla to invest and produce electric car in the country as he presented Malaysia…

Grab announces three ESG goals for sustainable and inclusive growth

Grab, the Singapore-based superapp, announced Thursday three goals to drive sustainable and inclusive growth in Southeast Asia. The new goals are doubling the number of…

Singapore’s Sea Ltd prepares move into Indonesia’s insurance sector – report

Singapore-headquartered e-commerce and gaming giant Sea Ltd is said to be preparing a move into Indonesia’s insurance sector. The US-listed tech firm has prepared plans to acquire…