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Singapore’s Elevate Foods secures $525,000 in pre-seed funding led by Wavemaker Impact
Elevate Foods, a Singapore-based platform for small- and medium-sized farm-gate processors, has announced the successful closure of its pre-seed funding round at $525,000, led by climate-focused investors Wavemaker Impact (WMi).
DNX Ventures raises $243M for two new Japan funds
DNX Ventures, a Japan and U.S.-based venture capital firm, has announced the final close of two new Japan funds, raising a total of approximately 36.5 billion yen (U.S. $243 million).
Vietnam’s VinFast unveils EV lineup in Thailand
Vietnamese automaker VinFast Auto has unveiled an electric vehicle (EV) lineup in Thailand. The firm has introduced a diverse range of green mobility solutions to Southeast Asia's leading auto market, including electric scooters, cars and the electric pickup truck concept - VF Wild.
Helicap partners Crowd Credit to pump $50M into Southeast Asia for Japanese investors
Japanese financial services company Crowd Credit Inc has parntered with Singapore's fintech firm Helicap Pte Ltd (Helicap) to pump $50 million into Southeast Asia for Japanese investors.
Japan’s GMO Financial Gate invests in Malaysia’s FinTech firm Soft Space
Soft Space, Malaysia-based fintech-as-a-service (FaaS) company, has announced a capital alliance with its long-standing partner, GMO Financial Gate, Inc, one of Japan’s largest payment processing companies. Soft Space said in a statement on Monday that this investment from GMO-FG comes before Soft Space’s planned Series C funding round, aimed at…
Malaysia to introduce new tax incentive for digital status companies – report
MDEC chief executive officer Mahadhir Aziz said the tax incentive, to be announced in May, will be for digital initiatives in intellectual property (IP) and non-IP, and also in the form of investment tax allowance incentives, the report added.
Malaysia’s co-working space provider WORQ in talks to raise $8.5M for Series B funding
WORQ announced in October last year that it has completed its pre-Series B fundraising round, backed by 14 follow-on investors.
Securities Commission Malaysia to launch 5-year MSME Roadmap to increase MSMEs capital market access
The Securities Commission Malaysia (SC) said Monday it will soon launch a five-year micro, small and medium enterprises (MSME) Roadmap, which aims to provide increased access to the capital market for MSMEs.
Integrating AI in legal practice
The surge of Artificial Intelligence (AI) solutions has thrust us into a world of possibilities, where innovation and automation have redefined our daily lives. Whether we're posing simple questions to #AI #chatbots, or tapping into the intricate abilities of large language models, these experiences seamlessly enhance how we share information and ideas, as…
Indonesia’s J&T Express achieves positive adjusted EBITDA in 2023
Indonesian logistics service provider J&T Global Express Limited (J&T Express) have achieved positive adjusted earnings before tax, interest, depreciation, and amortization (EBITDA) for the first time, reaching $147 million in 2023, underpinned by higher revenue.
