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SGX partners BlackRock to launch $426M climate action fund for Asia

Singapore exchange (SGX Group) has partnered American multinational investment company BlackRock to launch $426 million climate action fund for Asia.

Singaporean med-tech firm AWAK Technologies raises $20+ million in Series B funding

AWAK Technologies (AWAK), a Singaporean medical technology company focused on dialysis using regeneration technology for end-stage renal disease, has on Wednesday announced it has successfully raised $20+ million in Series B funding. The round was co-led by venture capital firms Lion X Ventures and Vickers Venture Partners.

Zilliqa forges strategic alliance with Google Cloud to power Web3 ventures and strengthen blockchain infrastructure

Singaporean blockchain firm Zilliqa Group has announced a multi-year strategic alliance with Google Cloud, which will enhance the scalability, resilience, and data availability of the Zilliqa layer 1 blockchain protocol.

Petronas, Gentari, Amazon and AWS team up to accelerate clean energy growth

Malaysia's state-owned oil and gas firm Petroliam Nasional Berhad (Petronas), clean energy solutions firm Gentari Sdn Bhd, American multinational technology company Amazon and Amazon Web Services (AWS) said Wednesday that they will collaborate in an effort to intensify their sustainability and decarbonization initiatives in the accelerated global energy…

Onedegree provides Oneinfinity Digital Asset Insurance to Rakkar Digital

Hong Kong-based virtual insurer OneDegree has on Wednesday announced that it has provided its OneInfinity digital asset insurance to Rakkar Digital, an Asian digital asset custody service provider, including directors and officers and wallet insurance.

DFC selects Wavemaker Impact as first climate-tech fund investment in Southeast Asia

The United States International Development Finance Corporation (DFC) has committed to investing $15 million in Wavemaker Impact, a climate-tech venture capital fund based in Singapore that covers Southeast Asia.

Animoca Brands subsidiary Darewise Entertainment seals strategic engagement with Horizen Labs

Darewise Entertainment, a subsidiary of Animoca Brands and the visionary force behind the Life Beyond Gaming Metaverse, announced today a strategic engagement with Horizen Labs for technical token, development, and consulting services.

Singapore’s sneaker marketplace Novelship bags $9.5M in Series B funding round led by East Ventures

The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia. This includes enhancing its logistics capabilities, refining authentication processes, expanding its slew of in-house collections, and optimising its environmentally-conscious delivery process.

ARISE & Centauri announce the launch of its successor VC Platform, Ascent Venture Group, raising $200M corpus

Ascent is the largest ecosystem-linked venture platform in the region with four partners, 10 investment professionals, and a supporting operational team across Jakarta, Singapore, Seoul offices and access to multi billion dollar ecosystems across broader Southeast Asia.

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Grab, GoTo may face new rules as Singapore reviews ride industry – report

The Land Transport Authority said on Thursday it is looking to change the framework for the taxi and ride-hailing industries. It will focus on availability of supply, resilience and the inclusivity of services, while also looking at matters such as the adoption of clean-energy vehicles.