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Etaily lands strategic investment from Japan’s SMBC, bringing total funding to $24M
Etaily, the Philippines’ digital-native retail platform, has secured new strategic investments led by Japan’s Sumitomo Mitsui Banking Corporation (SMBC), through its SMBC Asia Rising fund, bringing its total funding to over $24 million.
Singapore’s Horizon Quantum becomes first quantum software firm to own and operate a quantum computer
Horizon Quantum Computing Pte. Ltd., the Singapore-based software infrastructure for quantum applications, announced Wednesday that it has completed the assembly and integration of a first quantum computer at its Singapore headquarters, and the system is now fully operational.
Tonik raises $12M in Pre-Series C funding led by Diligent Capital Partners
Tonik Financial, controlling shareholder of Tonik Digital Bank, the Philippines’ first licensed digital-only bank, has raised $12 million in Pre-Series C financing led by Diligent Capital Partners.
Xanh SM signs strategic partnership with AVILA to expand green mobility solutions in Laos
Xanh SM Laos has signed a strategic cooperation agreement with the Vietnam Business Association in Laos (AVILA) to meet the growing demand for safe, transparent, and environmentally friendly transportation services among the business community in Laos.
Equinix inks third solar agreement in Singapore to boost clean energy
Equinix, Inc., the global digital infrastructure company, has signed a solar energy power purchase agreement (PPA) in Singapore with ESR-TEPCO SINGAPORE ASSETCO ALPHA PTE. LTD. (ASSETCO).
Indonesia’s Kargo Tech announces 40,000-EV shift to build Asia’s “Electrified Silk Road”
Kargo Technologies, an Indonesia-based logistics technology company, has introduced a new visual identity and launched an electric vehicle (EV)-based logistics partnership program, aiming to deploy Southeast Asia’s largest EV fleet.
South Korea’s AdipoLABs opens new regional office, signs two MoUs with University of Cyberjaya to advance healthcare innovation
AdipoLABs Co., Ltd. and Red & Blue Co., Ltd. from South Korea, together with their Malaysian subsidiary, AdipoLABs Healthcare (M) Sdn Bhd, have officially opened the new AdipoLABs regional office for Asia-Pacific, marking a strategic expansion to strengthen its leadership in non- invasive healthcare and build a robust MedTech ecosystem in Malaysia and…
The Radical Fund launches AI-native studio to build next generation of climate and AI ventures across Southeast Asia, Middle East
The Radical Fund, Southeast Asia’s climate-focused venture capital firm, has announced the launch of The Studio, UTOPIA’s artificial intelligence (AI)-native venture builder supporting high-potential founders and technical experts across the Global South.
MDEC and Ant International deepen partnership to accelerate digitalization of MSMEs across Malaysia
The Malaysia Digital Economy Corporation (MDEC) and Ant International are strengthening their partnership to accelerate the digital transformation of micro, small and medium enterprises (MSMEs) nationwide.
Singapore’s bolttech acquires Kenya’s mTek for East Africa expansion
Bolttech, the Singapore-based insurtech, announced Wednesday that it has acquired mTek, a digital insurance platform based in Kenya.
