Investments
UAE’s DAMAC announces $1B investment in data center projects, forms strategic JV with Thai-based PROEN
The Asia-Pacific data center market is also projected to experience significant growth. The market size is estimated at 14.27 thousand MW in 2024 and is expected to reach 23.2 thousand MW by 2029, growing at a CAGR of 10.21 percent.
October 15, 2024
SEA,Investments,Features,Discover Vietnam Tech,Vietnam,Venture Capital
[Discover Vietnam Tech] More Vietnamese startups to expand beyond domestic market, Ascend Vietnam Ventures observes
In the interview, Binh Tran also shared his views and suggestions on how to improve the tech ecosystem in Vietnam and AVV’s fundraising plan, among others.
October 15, 2024
Singapore’s ticketing platform GlobalTix closes Series B Funding of $4.97M led By Tin Men Capital
With 10 offices across Asia, including China, India, Indonesia, Japan, Korea, Malaysia, Philippines, Thailand, and Vietnam, GlobalTix has a strong presence in key markets.
October 14, 2024
News,Investments,Philippines,Venture Capital,Venture Building
MVP Group’s Ideaspace Ventures adds five startups to portfolio with immediate investments
For the first time since its launch, Ideaspace Ventures has made immediate investments in the startups selected, signifying its commitment to their growth and automatically including them in its portfolio.
October 11, 2024
News,Asia,Venture Capital,Singapore,Investments
Singapore’s Farquhar VC & South Korea’s Twin Ventures join hands to strengthen cross-border startup ecosystem relations
Several MOUs and partnerships between South Korea and Singapore are inked at the Global Investment Capacity Building Program Demo Day.
October 10, 2024
News,SEA,Investments,PropTech,Singapore,Asia,Venture Capital
Japan’s estie, inc. raises $20M in Series B led by Vertex Growth & DBJ
The latest round was led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of global investment company Temasek, and Development Bank of Japan (DBJ).
October 8, 2024
News,Malaysia,Investments,EdTech
Malaysia’s JAZRO bags investment from Gobi Partners to make robotics education accessible to all children
This strategic investment will enable JAZRO to expand its educational offerings and reach more young learners, nurturing a new generation of tech-savvy innovators.
October 7, 2024
Investments,TNGlobal Q&A and Interviews,Discover Vietnam Tech,Vietnam,Features
[Discover Vietnam Tech] Large population, rapid economic growth, stable government are reasons why Quest Ventures sees Vietnam as key market
Discover Vietnam Tech is a new series where we dive deep into the vibrant and rapidly growing tech and innovation ecosystem of Vietnam. In this collection of interviews and editorials, we will spotlight key players—entrepreneurs, innovators, and thought leaders—who are driving the country’s emergence as a global tech hub.
October 3, 2024
Equinix, GIC & CPP Investments to form $15B JV to expand hyperscale data centers in US
Under the terms of the agreement, CPP Investments and GIC will each control a 37.5 percent equity interest in the joint venture, and Equinix will own a 25 percent equity interest. Each party has made equity commitments, and the joint venture also expects to take on debt to raise the total pool of investable capital to more than $15 billion over time.
October 2, 2024
News,AI,Digital Transformation,Singapore,Investments
Generative AI startup TeamSolve raises seed round, backed by SGInnovate & Burnt Island Ventures
The company is addressing issues faced by utilities companies in markets such as Singapore, where approximately seven in 10 employers in the ‘Energy & Utilities’ sector have reported difficulties finding and hiring skilled talent.
October 1, 2024