Investments

A closer look at how Futu’s Moomoo disrupts stock brokerage industry in Malaysia [Q&A]

Moomoo’s entry to Malaysia also came after it had become one of the top investment apps in neighbouring Singapore. One in three Singaporeans now use Moomoo to invest, information from its website showed.

Vietnam’s Coolmate bags $6M Series B funding led by Vertex Ventures SEA & India

The investment will accelerate Coolmate's international expansion, product innovation and omnichannel retail presence across Southeast Asia.

MDEC establishes strategic partnerships with Singapore’s Ascent & Indonesia’s Central Capital Ventura with $45M capital investment

The combined funding will be instrumental in fostering the growth of Malaysian startups, particularly in line with Malaysia’s KL20 initiatives, and reinforcing our country’s position as a key player in the Southeast Asian startup ecosystem.

US-based cybersecurity firm Armis raises $200M at $4.2B valuation, eyes IPO

Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital, along with existing investors Brookfield Growth and Georgian.

Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report

In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.

Vietnam’s Vingroup launches VinVentures capital fund with AUM of $150M

The primary investment focus of VinVentures includes Artificial Intelligence (AI), Semiconductors, and Cloud Computing, as well as other high-tech products.

Malaysia’s Khazanah launches Jelawang Capital as national fund-of-funds to boost VC ecosystem

Jelawang Capital will be led by Bryan Lim as its Chief Executive Officer, who is also Khazanah’s Head of Dana Impak.

Singapore’s Supermom secures $14M Series B funding from AC Ventures, Granite Asia, Hearst Ventures & Qualgro

The funding arrives less than two years after Supermom’s Series A round of S$8 million in December 2022, led by Qualgro, affirming Supermom's role as an innovator leveraging AI and data to create value for families and consumer brands, the company said in a statement on Monday.

Singapore’s Clime Capital invests in Indonesia distributed solar developer Hijau

Established in 2017, Hijau said it has been a pioneer in Indonesia’s still nascent solar market. With an established track record in delivering solar energy solutions for Commercial and Industrial (C&I) customers, the company is actively expanding its project pipeline to meet the growing demand for sustainable energy.

Moomoo Malaysia expands access to HKEX & China A-shares as investors appetite for Chinese assets doubles

This expansion allows Malaysian investors to access some of the world’s most vibrant financial markets, at a time when Asia continues to solidify its position as a key driver of global economic growth.