Investments
Kairous Capital to establish Malaysia-China Digital Cooperation Council & development fund to invest in tech sector in both countries
Malaysia-headquartered venture capital firm Kairous Capital announced the signing of two separate Memoranda of Understanding (MoU) to officiate the establishment of the…
Malaysia secures $38.4B worth of investment commitments from China, PM Anwar says
Malaysia has secured a record MYR170 billion ($38.4 billon) worth of investment commitments from China, according to Prime Minister Anwar Ibrahim. The amount, the biggest so far…
Petronas plans to expand corporate venture capital arm with up to $200M – report
Malaysia's national oil company, Petroliam Nasional Bhd or Petronas, plans to expand its corporate venture capital arm by as much as US$200 million as early as April, Reuters…
Richard Li’s FWD filing HK IPO application again – report
FWD Group Holdings Ltd., the pan-Asian insurance company owned by Hong Kong billionaire Richard Li, has filed for a third time for an initial public offering (IPO) in the…
Malaysia introduces initiatives to ensure local startups will have access to later stage financing
Malaysia has introduced several initiatives to ensure its homegrown startups will have access to later stage financing in the country so they do not need to seek listing abroad,…
Indonesia seek to dual list home-grown startups in Hong Kong – report
The Indonesia Stock Exchange (IDX) has proposed to set up an agreement on dual listings with the Hong Kong stock exchange, in a bid to provide its startups and state-owned…
AI could be the ‘next big thing’ after internet & cloud, says Burda Principal Investments’ Christian Teichmann
Artificial Intelligence (A.I.) is expected to be the 'next big thing' in the global tech sector after the internet and cloud, according to Burda Principal Investments (BPI) top…
Ushering into an uncertain 2023: here’s what VCs & experts think
Many are expecting a tough year in 2023, as the three major engines of global growth - the United States, Europe and China - are all experiencing weakening activity. The new year…
Indonesia’s Jago raises $2.2M Pre-Series A round led by Intudo Ventures and BEENEXT
Jago, an Indonesia-based mobile café company, announced Thursday the completion of a $2.2 million Pre-Series A round of financing led by Intudo Ventures and BEENEXT. The round…
Hong Kong’s WATI raises $23M from Tiger Global, Shopify
Hong Kong customer and sales engagement tool WATI (WhatsApp Team Inbox) has on Wednesday announced a $23 million series B funding round to scale the team and product and reach…
