Investments
News,Investments,Digital Transformation,Malaysia,Sustainability
Malaysia government, GLICs to invest $211M to support startups, technopreneurs
Malaysia ranked 20th in the world based on the report of The Global Startup Ecosystem 2023, valuing the Malaysian start-up ecosystem at $46 billion for the first half of 2020 to 2022.
July 27, 2023
Japan’s JERA to invest $300M in greentech-focused startups
Japanese energy firm JERA Co., Inc. (JERA) has initiated corporate venture capital activities with the aim of accelerating innovation in the energy domain and generating new business opportunities. The firm will make strategic investments totaling $300 million in start-up companies that have leading-edge technologies or business concepts and in venture…
July 21, 2023
Silicon Box launches $2B advanced semiconductor manufacturing foundry in Singapore
Silicon Box, a Singapore-based semiconductor integration startup, has launched its $2 billion advanced semiconductor manufacturing foundry to revolutionize the chip manufacturing sector, develop local capabilities, and boost Singapore's position as a global hub for semiconductor manufacturing.
July 21, 2023
Temasek reports lower net portfolio value of $285B in FY2023
Singapore investment firm Temasek has reported a net portfolio value (NPV) of SGD 382 billion ($284.61 billion) in financial year ended March 31, 2023 (FY23), a drop of 5.21 percent as compared to SGD 403 billion ($300.26 billion) in FY2022.
July 11, 2023
LeapFrog Investments plans to commit over $500M to climate solutions in Asia and Africa
Global private investment firm LeapFrog Investments plans to commit $500 million to companies combating climate change in Africa and Asia, providing green tools and technologies to 50 million low-income people.
July 11, 2023
News,China,Asia,Venture Capital,SEA,Investments
Sequoia Capital’s China unit sets up office in Singapore – report
HongShan told the FT it had a “strong foundation of trust” with PeakXV and there would be opportunities for both teams to collaborate.
July 11, 2023
Hong Kong and Saudi Arabia to boost information and technology collaboration
Hong Kong and Saudi Arabia are boosting their information and technology collaboration with the visit of Saudi Minister of Communications and Information Technology (MCIT) Abdullah Al-Swaha and the signing of various agreements on Sunday.
July 3, 2023
News,Investments,Digital Transformation,Indonesia,Logistics
Indonesia’s Baskit secures $3.3M seed round to digitize distribution infrastructure for SMEs
Baskit plans to utilize the newly-raised funds to expedite its tech roadmap and extend its reach within #Indonesia. "Our goal is to harmonize the #supplychain, embracing transformative technologies while respecting traditional norms," says Baskit's CEO, Yann Schuermans. "To achieve this, we are developing cutting-edge tools that will be both functional and…
June 27, 2023