Venture Capital

Malaysia’s Solarvest launches start-up program to encourage innovations in greentech, FinTech and renewable energy

Malaysian clean energy expert Solarvest Holdings Berhad has on Wednesday launched Solarvest Innovation Lab 2023 (SIL 2023), to encourage innovations in green technology (greentech), financial technology (FinTech) and renewable energy.

AI could be the ‘next big thing’ after internet & cloud, says Burda Principal Investments’ Christian Teichmann

In the interview, Burda Principal Investments CEO/Managing Director Christian Teichmann also shared the firm's plans and sectors in focus for 2023.

Global Brain partners with Meiji Yasuda Life Insurance Company on $39M corporate venture capital fund

Global Brain Corporation (Global Brain) and Meiji Yasuda Life Insurance Company (Meiji Yasuda) have jointly established “Meiji Yasuda Future Innovation Fund L.P.” with JPY 5 billion ($39 million) of committed capital.

Gobi Partners onboards Malaysian startups Durioo+, Lapasar, Paywatch and pitchIN to the Gobi Superseed II Fund

Gobi Partners, the Pan-Asian venture capital (VC) firm with $1.5 billion in assets under management, has onboarded four more promising Malaysian startups to its Gobi Superseed II Fund (Gobi SSIIFund). The four firms being onboarded are Islamic-themed streaming service Durioo+, e-commerce marketplace Lapasar, earned wage access provider Paywatch and online…

Singapore’s ComfortDelGro invests $4.37M in global venture capital fund Shift4Good

Singapore-based taxi firm ComfortDelGro Corporation, said Wednesday it has invested €4 million ($4.37 million) in Shift4Good, a global independent venture capital impact fund dedicated to sustainablemobility. In so doing, it becomes the fund’s first strategic investor in South East Asia and joins other industry heavyweights like Renault Group as strategic…

B Capital closes third venture growth fund at $2.1B

B Capital, a global multi-stage investment firm, has on Thursday announced the close of its third venture growth fund and related companion funds (together, Growth Fund III), with aggregate capital commitments of approximately $2.1 billion.

MYStartup, DNB announce winners for MYStartup Hackathon 2022

MYStartup, a Malaysian government initiative powered by Cradle Fund Sdn Bhd. (Cradle), in partnership with Digital Nasional Berhad (DNB), has on Wednesday announced the winners for the recently concluded MYStartup Hackathon 2022.

Ten Filipino startups complete the 917Ventures Accelerator Program by 500 Global

500 Global, a global venture capital firm, hosted Demo Day on January 18 in collaboration with the Philippines’ corporate venture builder 917Ventures, marking the culmination of a ten-week virtual accelerator program designed to scale ten 917Ventures portfolio companies.

Lighthouse Canton’s maiden Venture Debt Strategy reaches first close at $20M

Singapore-based investment institution Lighthouse Canton has announced the first close of its newly launched venture debt strategy at $20 million.

MYStartup partners DNB to solve corporate problems through MYStartup Hackathon 2022

MYStartup, a Malaysian government-owned platform powered by Cradle Fund Sdn Bhd. (Cradle), has collaborated with Digital Nasional Berhad (DNB) to launch a hackathon (MYStartup Hackathon 2022) targeted at solving DNB's key corporate challenges.