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Australia’s Avarni raises $3M led by Main Sequence to speed up decarbonization efforts
Australian carbon management startup Avarni has raised $3 million to streamline the future of carbon management. The round is the second fundraising since founding and was led by deep tech venture firm Main Sequence, along with existing investors Vulpes Ventures and Common Sense Ventures.
The Supply chain paradox: Sustainability vs. profitability
Adopting the right mindset and attitude towards sustainability – viewing it as an opportunity for growth instead of an obligation – is key. To build a successful and resilient business, leaders must realize that sustainability goes beyond decarbonization, it also includes a commitment to stakeholders of the value chain on social responsibility.
South Korea’s Akros Technologies raises $2.3M funding led by ZVC
South Korean artificial intelligence (AI)-driven fintech start-up Akros Technologies announced on Friday the that it has raised $2.3 milion in a strategic funding round prior to the scheduled Series A funding round next year.The strategic investment was led by ZVC, the corporate venture capital (CVC) of Z Holdings which has global mobile platform LINE…
Vietnamese EV maker VinFast receives ESG rating from Sustainalytics
VinFast, the Vietnam-based global electric vehicle (EV) manufacturer, has on Thursday announced that it has received an indicative Corporate Environmental, Social and Governance (ESG) Assessment from Morningstar Sustainalytics, a globally recognized ESG research, ratings and data firm.
Gobi Partners appoints Carlo Chen-Delantar as new Head of ESG
Gobi Partners, the Malaysia and Hong Kong-based venture capital firm, has appointed Carlo Chen-Delantar as its Head of environmental, social, and governance ESG, to further advance the company’s ESG agenda. Carlo will replace its outgoing ESG Head, Paul Ark.
Temasek participates Sweden freight mobility technology company Einride’s $500M financing
Singapore state investor Temasek has participated in Sweden freight mobility technology company Einride's $500 million financing. The financing includes a debt facility of $300 million and an equity contribution of $200 million to progress Einride’s global growth of offering autonomous, electric and digital shipping technology.
Singapore’s UnaBiz closes Series B at over $50M with extension round led by SPARX Group
UnaBiz, a Singapore-based massive internet of things (IoT) service provider, closes Series B at over $50 million in an extension round led by SPARX Group. G K Goh Holdings and Optimal Investment also joined the round, and the new financing is reserved for existing investors.
Singapore’s talent recruitment firm Glints lays off staff, founder says ‘truly sorry’
Glints' announcement also came after Singapore-based recommerce platform Carousell said it is laying off 10 percent of its total headcount last week.
FLOW and ALLHC launch new Philippine data center platform A-FLOW
Philippines digital infrastructure developer FLOW Digital Infrastructure (FLOW) and industrial parks developer AyalaLand Logistics Holdings Corp. (ALLHC) have on Wednesday broke ground on the land development of its first joint data center campus located in Laguna, Philippines, following the launch of A-FLOW, the joint venture partnership between FLOW and…
