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Gentari plans to team up with Mercedes-Benz Malaysia to drive EV ecosystem growth

Gentari Sdn Bhd, a Malaysia-based clean energy solutions provider, intends to partner with Mercedes-Benz Malaysia (MBM) through its subsidiary, Gentari Green Mobility Sdn Bhd, to accelerate the adoption of electric vehicles (EVs) in the country.

Animoca Brands raises additional $11.88M in second tranche of funding for Mocaverse

Animoca Brands Corporation Limited, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has on Friday announced a second tranche of funding of $11.89 million for its non-fungible token (NFT) collection Mocaverse, following a first tranche investment of $20 million announced previously.

Indonesia readies ethics guidance for AI developers – report

Indonesia has drafted ethics guidance for developers using artificial intelligence (AI) to prevent potential misuse of the new technology.

Insurers, insurance asset managers expect a wave of M&A activity to hit Singapore and Hong Kong in 2024, says Clearwater Analytics

Insurers and insurance asset managers are expecting a wave of merger and acquisition (M&A) activity to hit Singapore and Hong Kong in 2024, as the region echoes the wider global industry trend towards consolidation, Clearwater Analytics said Tuesday.

Singapore’s Doctor Anywhere attracts $40.8M in fresh funding to scale healthcare innovation

Doctor Anywhere, a tech-led healthcare company headquartered in Singapore, has on Thursday announced a $40.8 million Series C1 extension round with participating investors including Square Peg and Novo Holdings. The influx of funds will be directed to strategically drive next-generation healthcare innovation within the company, and to deepen its presence…

Singapore’s Bitsmedia raises $20M in Series A funding led by CMIA Capital Partners, Gobi Partners, Bintang Capital Partners

Bitsmedia, the creator of the widely popular Muslim lifestyle application (app), Muslim Pro in Singapore, has successfully secured $20 million in its Series A funding round. This funding round saw participation from Asia-focused venture capital firm, Gobi Partners, alongside continued support from existing investors – CMIA Capital Partners, and Bintang…

Singapore cultivated meat startup Meatiply raises $3.75M seed funding for expansion

Singapore-based cultivated meat company Meatiply has secured $3.75 million in the first close of its seed funding round. The round is co-led by existing investor Wavemaker Partners and AgFunder, with participation from SEEDS Capital, the venture investment arm of Enterprise Singapore.

Malaysia’s TNB unveils vision for sustainable energy future and collaboration

Malaysia's utility firm Tenaga Nasional Berhad (TNB) said Wednesday that it has solidified its pledge to spearhead Malaysia's energy transition by championing transformative renewable energy projects.

UK-IFC’s MAGC receives $45M in funding expansion to support green construction practices in emerging economies

The United Kingdom Government has announced an expansion of funding for climate projects, including the UK-IFC Market Accelerator for Green Construction (MAGC) Program, to significantly elevate green construction practices in over 20 emerging and developing economies. This expansion will provide an additional £36 million ($45.15 million) to the program.

Demand for AI roles is expected to increase in 2024, says Glints

The demand for artificial intelligence (AI) roles is expected to increase in 2024, with top three roles being sought after are artificial intelligence (AI) engineer, AI mentor or trainer, data scientist and analyst, Southeast Asia talent platform Glints said in a report on Tuesday.