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UltraGreen.ai receives strong demand for $400M SGX IPO

UltraGreen.ai Limited, a Singapore-based fluorescence-guided surgery (FGS) space firm, has received strong investor demand for its $400 million initial public offering (IPO) in the Singapore Stock Exchange.

PIDG invests $2.5M in Laos’s ride-hailing service company LOCA

The Private Infrastructure Development Group (PIDG) is investing $2.5 million in LOCA, Laos’ largest ride-hailing service provider.

MoneyHero partners HashKey to expand Hong Kong digital asset wealth product offerings

MoneyHero Limited, a tech- and artificial intelligence (AI)-powered personal finance aggregation and comparison platform and a digital insurance brokerage provider in Greater Southeast Asia, has announced the expansion of its digital asset wealth product offerings through its new collaboration with HashKey Group, a Hong Kong-based digital asset company.

Singapore’s SynaXG raises over $20M funding to accelerate global AI-RAN

SynaXG Technologies, a deep-tech startup founded in Singapore, has recently successfully closed its first funding round of over $20 million.

Huawei secures $84.66M financing from AmBank to boost 5G network in Malaysia

Huawei Technologies (Malaysia) Sdn Bhd has secured MYR 350 million ($84.66 million) supply chain financing facilities from AmBank Group to boost 5G network in Malaysia.

Thunes Asia receives IPA to expand scope of MPI license from MAS

Singapore-based payment firm Thunes announced Thursday that it has received in-principle approval (IPA) for a variation of its major payment institution license (MPI) from the Monetary Authority of Singapore.

V-Green partners with Telkom Property to accelerate green infrastructure development in Indonesia

V-Green, a Vietnam-based electric vehicle charging infrastructure developer, has signed a memorandum of understanding with Telkom Property, a subsidiary of the multinational digital telecommunications company Telkom Indonesia, to accelerate green infrastructure development.

Temasek backs Black Forest Labs’ $300M Series B funding

Black Forest Labs, the category-defining visual intelligence company behind FLUX, announced Monday a $300 million Series B led by AMP and Salesforce Ventures, at a post-money valuation of $3.25 billion.

FinFan and Thunes forge strategic alliance to strengthen Vietnam’s cross-border remittance ecosystem

Vietnam-based fintech company FinFan and Singapore-based payment firm Thunes have signed a memorandum of understanding (MoU) for a strategic collaboration aimed at advancing the development of Vietnam’s cross-border remittance ecosystem.

OpenSys launches Malaysia’s first palm-based payment innovation

OpenSys Technologies Sdn Bhd, a subsidiary of OpenSys (M) Bhd, has on Monday introduced PalmWav, an innovation prototype exploring the use of palm-recognition technology for seamless, device-free payments in Malaysia.