Investments
Cradle Fund & Bursa Malaysia collaborate to facilitate listing of local startups on Malaysia stock exchange
This collaboration is an integral part of the Ministry Science, Technology and Innovation’s (MOSTI) Fund Funnel program, an initiative designed to streamline funding options and offer comprehensive support to startups throughout their funding journey, from the seed stage to the initial public offering (IPO), according to a statement released by the…
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.
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.
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.
Norway sovereign fund closes Shanghai’s office, Singapore office to serve as regional hub
The sovereign fund said its investments in China remain unchanged and the decision is driven by operational considerations and does not affect the fund’s investment strategy or its investments in China.
How to be a value-adding investor: A case study of Kenangan Brands
With international expansion no longer feasible, Kopi Kenangan started to look for other solutions to increase basket size and average order value, as well as maintain a steady flow of revenue as the world shut down. B Capital’s Strategy & Operations team stepped in to think creatively and move quickly.
AC Ventures’ Helen Wong on Indonesia’s path to the next decade: progress & prospects
In this episode of the “Going-abroad” live program hosted by TechNode Group Founder and CEO Dr. Lu Gang, AC Ventures Managing Partner Helen Wong shared her views on Indonesia, the attractiveness the country has to offer. She also shared her investment strategy and AC Ventures' future plans, among others.
Musk’s Neuralink raises $280M in funding led by Thiel’s Founders Fund
The news comes after Neuralink secured FDA's approval to launch its first in-human clinical trial in May.
Germany’s Infineon invests up to $5.46B to build largest 200-millimeter SiC Power Fab in Malaysia
Germany's semiconductor manufacturer Infineon Technologies AG will build the world’s largest 200-millimeter SiC (silicon carbide) Power Fab in Kulim, Malaysia. Over the next five years, the firm will additionally invest up to EURO 5 billion ($5.46 billion) in Kulim during a second construction phase for Module Three.
Bosch invests $384M for new semiconductor backend site for chips in Malaysia
Bosch, a global supplier of technology and services, has officially opened one of the Asia’s most advanced semiconductor backend sites in Penang of Malaysia for the final testing of its automotive chips and sensors. Until the middle of the 2030, Bosch intends to invest around EURO 350 million ($384.35 million) in the site.
