SEA

With the new capital raised, Pi-xcels will accelerate its global expansion by strengthening its footprint in Europe, Japan, Southeast Asia, and venturing into the US market. The funds will also support the company’s efforts to expand partnerships and enhance its proprietary NFC-based technology.

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.

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.

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.

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 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 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.

The early-stage sector remains the most active, suggesting continued investor interest in emerging companies across the region.

Maybank Investment Bank said Thursday that it foresees ASEAN internet players such as Sea, Grab and GoTo to lead growth ahead of global peers.

The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners.