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Korea Investment Partners Southeast Asia closes $60M flagship Southeast Asia VC fund

Korea Investment Partners Southeast Asia Pte. Ltd. (KIPSEA), the Singapore-based team of Korea Investment Partners (KIP) has successfully closed $60 million for its first flagship Southeast Asia venture capital fund.

Gentari partners AM Green to drive large-scale green hydrogen production with global reach

Malaysian clean energy firm Gentari Sdn Bhd (Gentari) has partnered AM Green BV (AM Green) to jointly invest, in phases, into a green ammonia platform, AM Green Ammonia Holdings BV (AMG Ammonia). AMG Ammonia is established by the founders of Greenko, one of India’s leading renewable energy companies.

Thailand’s NIA and Maejo University showcase ten AgBioTech-powered startups at AgBioTech Incubation 2023 Demo Day

Thailand public organization National Innovation Agency (NIA) and Maejo University have showcased ten AgBioTech-powered startups that are poised to revolutionize agriculture at AgBioTech Incubation 2023 Demo Day. The ten startup teams participating in the AgBioTech Incubation 2023 program constitute a diverse and dynamic cohort that are poised to catalyze…

Smart materials for energy harvesting and storage

The webinar was moderated by Professor Sir Kostya Novoselov, a 2010 #NobelPrize Laureate in #Physics and a Member of the VinFuture Prize Council. Renowned for his contributions in graphene material research, condensed matter physics, mesoscopic physics, and #nanotechnology, Professor Novoselov holds esteemed positions as the Tan Chin Tuan Centennial…

India’s Ola Electric raises $384M in equity and debt round led by Temasek, State Bank of India

Ola Electric, an India-based electric vehicle (EV) company, has on Thursday announced the successful closure of INR 3,200 Crores ($384.4 million) funding as a part of its equity and debt round raised from Temasek led marquee investors and project debt from State Bank of India respectively.

Singapore’s Drive lah raises $5 million in funding led by ComfortDelGro

Singapore-based marketplace for car-sharing Drive lah has successfully secured a $5 million investment round. Singapore-based transport firm ComfortDelGro (CDG) has invested $2 million, establishing them as the lead investor for this round and the preferred fleet partner for Drive lah.

Indonesia’s J&T Express makes HKEX debut, raises $450M from global offering

J&T Global Express Limited (J&T Express), a global logistics service provider, has officially listed on the Main Board of the Hong Kong Stock Exchange on Friday under the stock code “1519”. The public offer price was HK$ 12 ($1.53) per offer Share, with net proceeds from the global offering amounting to HK$ 3.53 billion ($450 million).

Singapore’s Mesh Bio attains regulatory approval for HealthVector Diabetes

Singapore-founded health technology startup Mesh Bio has announced the regulatory approval of its HealthVector® Diabetes as a Software Medical Device (SaMD) by the Health Sciences Authority (HSA). HealthVector® Diabetes will be involved in an implementation pilot at Singapore General Hospital (SGH), Tan Tock Seng Hospital (TTSH), and selected polyclinics…

Smart Communications dials into Google Cloud AI to help personalize digital services for Filipinos

Smart Communications, Inc. (Smart), the mobile services arm of PLDT Group, and Google Cloud have on Wednesday announced a collaboration to improve the accessibility of essential digital services for Filipinos, with Searce providing technical implementation support.

Infinaxis Data Centre Platform breaks ground on its inaugural data center in Cyberjaya

Infinaxis Data Centre Platform, a joint venture formed by a fund managed by Gaw Capital Partners and its partners, celebrated the groundbreaking on Wednesday as it officially marked the commencement of its first data center project ——Infinaxis Data Centre in the tech hub of Cyberjaya, Malaysia.