SEA
Gobi Partners and Cross Capital join forces to boost Japanese investment in Southeast Asia
Gobi Partners, an Asia-focused venture capital firm, has announced a strategic partnership with Japan-based Cross Capital to boost cross-border innovation and enhance the flow of Japanese investments into Southeast Asia’s dynamic startup landscape.
Vietnam’s EV maker VinFast officially delivers VF 5 electric cars in Indonesia
This is the second electric car model VinFast has delivered in Indonesia, reinforcing its mission to make electric vehicles accessible for all and contributing to the green transportation revolution in Indonesia and throughout the region.
Web3 gaming platform Eragon eyes expansion in the Philippines
With headquarters in Vietnam and registration in Singapore, Eragon views the Philippines as a key market for its next phase of growth. The country’s vibrant gaming community, combined with its accelerating adoption of blockchain technologies, positions it as an ideal destination for expansion.
MediSun Energy raises $8.75M seed round with Vynn Capital to drive MENA expansion & advance osmotic energy innovation
The funding round, led by Vynn Capital, attracted several new investors, including MOAJ Holding, a Saudi investment company; Frank Phuan; TNB Aura, a Singapore-based venture capital firm participating through its Scout Initiative; and Ciri Ventures, a climate tech-focused venture capital firm.
Malaysia’s Petronas, Southeast Asian energy players call for progressive approach to methane emissions reduction
Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), alongside Southeast Asia’s other leading energy companies, have called for progressive approach to methane emissions reduction.
AppWorks partners with Google Cloud to support next generation of AI & Web3 startups across Greater Southeast Asia
AppWorks has contributed to the success of the frontier startups in Taiwan and Southeast Asia such as 91APP, 17LIVE, ShopBack, Cubo.ai and Instill AI. The partnership with Google Cloud will further support early stage startups as they grow and scale.
TNGlobal Tracker: startup funding snapshot for October 2024
The early-stage sector remains the most active, suggesting continued investor interest in emerging companies across the region.
Maybank sees ASEAN internet players to lead growth ahead of global peers
Maybank Investment Bank said Thursday that it foresees ASEAN internet players such as Sea, Grab and GoTo to lead growth ahead of global peers.
Singapore’s Oneteam raises $2.6M seed round to revolutionise SME succession through employee ownership
The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners.
Singapore’s Atome Financial secures up to $200M syndicated facility to support financial inclusion in Southeast Asia
The new facility is anchored by HSBC through its ASEAN Growth Fund and is also supported by DBS Bank Ltd, Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch and Brunei’s Baiduri Bank.
