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Automera, a new biotechnology company based in Singapore, has secured $16 million in Series A funding co-led by Accelerator Life Science Partners (ALSP) and ClavystBio. The funding also saw participation from Singapore-based global investor EDBI, Xora Innovation, and other undisclosed investors.

Global financial crime compliance costs for financial institutions totals more than $206 billion, according to LexisNexis® Risk Solutions released on Wednesday. The cost is comparable to more than 12 percent of global research and development (R&D) expenditure and equates to $3.33 per month for each working-age individual on earth.

Indonesian government has on Tuesday launched its the country's first carbon exchange IDXCarbon, to reduce Indonesia’s carbon emissions and drive Indonesia’s transition to reach net zero emissions by 2060. ACX (AirCarbon Exchange) which is operating its proprietary regulated environmental asset trading platform, is the technology provider the Indonesia’s…

Valentino Rossi's company VR46 Metaverse, Hong Kong-based gaming firm Animoca Brands and its subsidiary Gravitaslabs have joined forces to build innovative Web3 experiences for motorsport enthusiasts. VR46 Metaverse has announced a partnership with Animoca Brands and Gravitaslabs to jointly explore innovative gaming and Web3 activations across metaverse…

Samaiden Group Berhad, a Malaysia-based renewable energy firm, has inked a strategic partnership with investment firm Meta Bright Group Berhad (MBGB) to advance clean energy initiatives in Asia Pacific (APAC) region. This collaboration aims to expand business opportunities and accelerate the growth of renewable energy solutions, particularly for the mining…

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, has partnered Daehong Communications, the Lotte Group marketing and advertising arm based in South Korea, to advance Lotte Group’s Web3 business through key initiatives with Mocaverse and Bellygom.

NexMind, a Malaysia-based artificial intelligence (AI)-powered multilingual digital marketing platform, announced Tuesday that it has secured seed funding from Silicon Valley-based venture capital firm 500 Global. The new funding will be used to expand the firm's product offerings and accelerate customer acquisition worldwide.

Malaysian clean energy firm Solarvest Holdings Berhad has successfully secured a total of 11 rooftop solar photovoltaic (PV) installation projects in Vietnam, with a combined capacity of 12.8 megawattpeak (MWp).

Meraque Group (Meraque), a Malaysian robotics solutions company, has introduced the nation's first Autonomous Ground Vehicle (AGV) designed for complex agricultural environments, named Robotic Agro in Complex Environment (RACE). As an autonomous AGV, RACE is designed to navigate the intricate and challenging terrain of agricultural environments.

Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, announced on Tuesday that it has successfully raised debt of $27 million. The funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP), and…