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Temasek, NUS & NTU to invest $55M to accelerate commercialization of deep tech ventures

Temasek, NTU and NUS will also provide the start-ups with access to their networks of businesses and mentors. At least two start-ups will be launched annually and they will be provided with entrepreneurial mentorship, funding, and support to position them for long-term global success.

Indonesia’s legal tech startup Hukumku raises funding led by East Ventures

The funding will be allocated to accelerate its product development and marketing efforts as the platform will be launched in November 2023.

Vertex Ventures SEA & India completes Fund V’s final close at $541M

The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.

Southeast Asia’s pet ecosystem platform Petotum, Malaysia’s Etiqa General Insurance Bhd launches pet insurance product

PAWer Insurance introduces innovative features including cashless admission at panel veterinary clinics and a seamless claims experience for pet owners. Beyond insurance, "PAWer Insurance" is poised to unlock the full potential of the veterinary industry in Malaysia and contribute to responsible animal ownership and animal welfare efforts, the companies…

Gobi Partners invests in Malaysia’s e-waste recycling firm ERTH

ERTH not only facilitates responsible e-waste disposal but also rewards contributors with cash incentives or vouchers.

917Ventures’ PetPal targets $1.6B pet care market in Southeast Asia – expands access to essential pet care for Filipinos

PetPal Club subscription service provides users unlimited teleconsultations for up to two pets annually, along with discounts on pet services. A mobile app version is expected to launch later this year.

Animoca Brands raises $20M for its Mocaverse project in funding round led by CMCC Global

The funding round was led by CMCC Global, with other investors including Kingsway Capital, Liberty City Ventures, GameFi Ventures, Aleksander Larsen (founder of Sky Mavis), Gabby Dizon (founder of Yield Guild Games), institutional investors of Koda Capital, and others. Yat Siu, the executive chairman and co-founder of Animoca Brands is also participating in…

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Navigating wealth management: The emergence of new family offices in Singapore

The emergence of new #familyoffices in #Singapore signifies not only a wealth management opportunity but also a chance to make a positive impact on society. Singapore's appeal as a family office hub, combined with the growing recognition of the importance of philanthropy, provides a unique platform for these offices to contribute meaningfully to the local…

Indonesia’s manufacturing platform Manuva raises $8M from Tin Men Capital & others

Tin Men Capital, a Singapore-based venture capital firm which focuses on Southeast Asian B2B tech startups has invested $3 million in the total $8 million financing raised by Manuva.

Regional InsurTech firm Igloo expands Thailand operations to support country’s $32B insurance industry

Igloo has appointed John Chen as Country Manager, Igloo Thailand. In his new role, Chen will spearhead the growth and operations of Igloo in the market, in addition to establishing more strategic partnerships and delivering an expanded range of insurance products to Thai consumers.