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ALIAVIA Ventures back female founders with $8.7M fund

ALIAVIA Ventures, the California-based venture capital firm investing exclusively in female tech founded startups across Australia and the United States, has on Tuesday announced the close of its first fund, raising AUD 13.5 million ($8.7 million).

Gobi Partners invests in Malaysian reseller digital ecosystem Ejen2u

Asia-focused venture capital firm Gobi Partners has become the lead investor in Malaysian reseller digital ecosystem Ejen2u's Pre-Series A funding round, alongside Artem Ventures. This investment was made possible through the Khazanah Nasional Bhd (Khazanah)-backed Gobi Dana Impak Ventures (GDIV) fund.

South Korea’s KakaoBank acquires 10 percent stake in Indonesia’s Superbank

South Korean digital bank KakaoBank and Indonesian lender Superbank have announced a strategic partnership to drive digital banking innovation in Indonesia. In this strategic partnership, KakaoBank will acquire a 10 percent stake in Superbank through the issuance of new shares.

X-PITCH 2023 Announces Global TOP100 Startups: Accelerating Deeptech

X-PITCH is delighted to introduce 2023 TOP100 startups. Chosen from a pool of over 3,000 startups around the world, this year's selection showcases a diverse and vibrant ecosystem of entrepreneurial talent. X-PITCH 2023 is driven by a shared commitment to accelerate deeptech innovation across four vital domains: Healthcare, Advanced Manufacturing,…

PATRIZIA and Mitsui commit $45M to Australian renewables firm YES Group

Germany-based investment manager PATRIZIA and Japan's trading an investment firm Mitsui have committed to invest up to AUD 70 million ($44.53 million) in a major solar and battery development program in Australia through the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).

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AI in clinical trials: A game-changer with automation and machine learning

The integration of #AI into clinical trials represents a seismic shift in healthcare innovation. AI's boundless potential spans from precision in patient selection to #data management, protocol optimization, patient engagement, and regulatory compliance.

This Malaysian startup aims to address ‘screen time crisis’ among kids

Carrots&Cake is a parental control learning app, focusing on the science behind how kids interact with tech in order to try and change their behavior and build healthy habits.

1982 Ventures expands regional team with key ecosystem and platform hire

1982 Ventures, the early stage venture capital firm focused on fintech and tech infrastructure in Southeast Asia, has announced the key hire of Amiyandra Suratman as Regional Venture Capital Ecosystem and Platform Lead based in Jakarta, Indonesia. Her responsibilities will be to support the fund with strategic stakeholder relations including portfolio…

MRANTI appoints Rais Hussin Mohamed Ariff as new Chief Executive Officer

The Malaysian Research Accelerator for Technology and Innovation (MRANTI) Board of Director (BoD) has announced the appointment of Dr. Rais Hussin Mohamed Ariff as its new Chief Executive Officer (CEO). Rais will take over from the current Acting Chief Executive Officer and Chief Commercial Officer Khairil Anuar Sadat, effective 9 October 2023.

Singapore’s CrossFund raises additional $1.5M in funding at a $47M valuation

Singapore-based Fintech startup CrossFund has raised additional $1.5 million in funding at a $47 million valuation. The firm has raised its fourth funding round in two years from family offices in the Middle East and North Africa (MENA) and Asia, BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and strategic angels.