Vertical

Tonik raises $12M in Pre-Series C funding led by Diligent Capital Partners

Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners.

Xanh SM signs strategic partnership with AVILA to expand green mobility solutions in Laos

Xanh SM Laos has signed a strategic cooperation agreement with the Vietnam Business Association in Laos (AVILA) to meet the growing demand for safe, transparent, and environmentally friendly transportation services among the business community in Laos.

Equinix inks third solar agreement in Singapore to boost clean energy

Equinix, Inc., the global digital infrastructure company, has signed a solar energy power purchase agreement (PPA) in Singapore with ESR-TEPCO SINGAPORE ASSETCO ALPHA PTE. LTD. (ASSETCO).

Indonesia’s Kargo Tech announces 40,000-EV shift to build Asia’s “Electrified Silk Road”

Kargo Technologies, an Indonesia-based logistics technology company, has introduced a new visual identity and launched an electric vehicle (EV)-based logistics partnership program, aiming to deploy Southeast Asia’s largest EV fleet.

South Korea’s AdipoLABs opens new regional office, signs two MoUs with University of Cyberjaya to advance healthcare innovation

AdipoLABs Co., Ltd. and Red & Blue Co., Ltd. from South Korea, together with their Malaysian subsidiary, AdipoLABs Healthcare (M) Sdn Bhd, have officially opened the new AdipoLABs regional office for Asia-Pacific, marking a strategic expansion to strengthen its leadership in non- invasive healthcare and build a robust MedTech ecosystem in Malaysia and…

The Radical Fund launches AI-native studio to build next generation of climate and AI ventures across Southeast Asia, Middle East

The Radical Fund, Southeast Asia’s climate-focused venture capital firm, has announced the launch of The Studio, UTOPIA’s artificial intelligence (AI)-native venture builder supporting high-potential founders and technical experts across the Global South.

MDEC and Ant International deepen partnership to accelerate digitalization of MSMEs across Malaysia

The Malaysia Digital Economy Corporation (MDEC) and Ant International are strengthening their partnership to accelerate the digital transformation of micro, small and medium enterprises (MSMEs) nationwide.

Singapore’s bolttech acquires Kenya’s mTek for East Africa expansion

Bolttech, the Singapore-based insurtech, announced Wednesday that it has acquired mTek, a digital insurance platform based in Kenya.

OCBC to add WeChat Pay for QR payments in China

Singapore bank OCBC will become the first Singapore bank to enable customers to scan-and-pay all merchant QRs in China through its Singapore mobile banking app.

Binance appoints Co-Founder Yi He as Co-CEO as the company nears 300M users

Binance, the global blockchain ecosystem behind the world's largest digital asset exchange by trading volume and users, announced Wednesday that its Co-founder Yi He, has been appointed as Co-Chief Executive Officer (Co-CEO).