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Singapore’s ROLO Robotics raises $3.45M in oversubscribed seed round led by BEENEXT

ROLO Robotics, a Singapore-based food robotics company, has raised $3.45 million in an oversubscribed seed round led by BEENEXT.

Singapore’s Nium secures payment institution license from Central Bank of Brazil

Nium, the Singapore-based global infrastructure for real-time cross-border payments, has announced that the Central Bank of Brazil has formally authorized it to operate as a Payment Institution (PI), representing a major milestone in the firm’s continued expansion across Latin America.

Malaysia’s Solarvest strengthens regional footprint with Nextree’s LSS5 award

Malaysia's energy firm Solarvest Holdings Berhad said last Thursday that it continues to accelerate its regional growth momentum with a major milestone in Asia as Nextree Synergy Sdn. Bhd. officially signed the letter of award (LOA) with Atlantic Blue Sdn. Bhd., a wholly-owned subsidiary of Solarvest.

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Inside Southeast Asia’s AI trust crisis

Responsible AI now focuses on three key areas: data privacy, ethics, and sustainability. Companies creating AI tools must make sure their products benefit both people and the planet. Therefore, true acceleration must be paired with accountability: AI that is fast in delivery, faithful to those it impacts.

Currenc Group proposes reverse merger with Hong Kong’s Animoca Brands

Currenc Group Inc., a Singapore-based artificial intelligence (AI) solutions fintech firm, announced Monday that it has entered into a non-binding term sheet with Hong Kong-based gaming firm Animoca Brands Corporation Limited in relation to a potential proposal for Currenc to acquire 100 percent of Animoca Brands’ issued shares via a reverse merger.

Sastena Technology and FRIM forge AI-driven carbon intelligence partnership

Malaysia's artificial intelligence (AI)-enabled carbon intelligence firm Sastena Technology Sdn Bhd and the Forest Research Institute Malaysia's commercial subsidiary FRIM Incorporated Sdn Bhd have signed a memorandum of understanding (MoU) to advance Malaysia’s leadership in science-backed, AI-enabled carbon intelligence.

Mandala Capital secures Green Climate Fund approval to scale climate adaptation and transform food systems in South and Southeast Asia

Mandala Capital, a private equity fund investing in the agriculture and food sectors across South and Southeast Asia, announced last Thursday that the Green Climate Fund (GCF) has officially approved the Mandala Capital SSEA Food Fund at its 43rd Board Meeting.

Malaysia’s Mantayay secures $5M investment led by Kairous Capital

Since its founding in Malaysia, Mantayay has grown to serve global clients in gaming, FMCG, and technology across Southeast Asia. The company today manages over 4,000 TikTok creators, produces more than 1,000 short-form videos each month, and generates over 100 million monthly views across TikTok, YouTube, and Instagram.

J&T Express launches largest self-built logistics hub in China

J&T Global Express Limited, an Indonesia-based integrated logistics service operator, announced last Thursday the official launch of its “J&T Express Greater Bay Area Digital Supply Chain Industrial Park” in China.

OpenAI launches AI video creation app Sora in Thailand

OpenAI has on last Thursday launched the Sora app to Thailand, making it one of the first countries in Asia to access its next-generation artificial intelligence (AI) video creation experience.