Vertical

Global financial services firm Robinhood Markets, Inc. has entered into agreements to acquire PT Buana Capital Sekuritas, an Indonesian brokerage, and PT Pedagang Aset Kripto, a licensed Indonesian digital financial asset trader.

DayOne Data Centers, a Singapore-headquartered data center developer and operator, announced that it has secured a mezzanine financing facility of €500 million ($582.62 million), expandable up to €1 billion ($1.17 billion) upon mutual agreement, to accelerate its Finland platform and global expansion.

ChemLex, a next-generation artificial intelligence (AI)-for-science company, has announced the establishment of its global headquarters and self-driving laboratory in Singapore, alongside the close of a $45 million funding round led by Granite Asia.

Artificial intelligence (AI)-assisted software development will drive workforce recalibration in Asia Pacific and Japan (APJ) region, while markets that encourage responsible AI will drive APJ’s next wave of innovation, said Marcus Low, Vice President and Managing Director, APJ, Sonar.

Vantage Data Centers, a global provider of hyperscale data center campuses, has announced its fourth facility (KUL14) on the company’s first Cyberjaya campus in Malaysia is now operational, completing the development of the KUL1 campus.

Malaysia's Construction Industry Development Board (CIDB) has launched a new construction personnel registration card to strengthen digitalization.

SC Capital Partners Group (SCCP), a Singapore-based institutional real estate investment management firm, has commenced construction of a new data center in Osaka with 100MW of allocated power.

Circle Asia Technologies, a credit-led neobank based in Singapore, has announced a strategic collaboration with digital payments firm Visa and fintech firm Pismo, to launch Vietnam’s first artificial intelligence (AI)-powered PayLater card.

Vietnam-based electric vehicle (EV) maker VinFast will invest $500 million to expand its manufacturing facility in India, targeting electric bus and electric two wheeler production.

Etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia Rising fund, bringing its total funding to over $24 million.