Latest news and trends about tech

UK-based Loqate partners with GrabMaps to enhance location data capabilities in Southeast Asia

The partnership accelerates Loqate’s expansion in Southeast Asia and enables businesses to improve data accuracy, ensure delivery success and provide exceptional customer experience with GrabMaps’ extensive location data.

Gobi Dana Impak Ventures invests in Malaysia’s fintech firm DCAP

This investment, made through the Gobi Dana Impak Ventures (GDIV) fund backed by Khazanah Nasional Berhad, aligns with Khazanah’s Dana Impak mandate. Gobi’s investment will help DCAP accelerate its mission to provide equitable financial solutions to marginalised communities across Malaysia.

US-based cybersecurity firm Armis raises $200M at $4.2B valuation, eyes IPO

Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital, along with existing investors Brookfield Growth and Georgian.

AWS Skills to Jobs Tech Alliance launches in Malaysia to stimulate tech talent ecosystem

In collaboration with the Malaysia Digital Economy Corporation (MDEC), the Tech Alliance aims to modernize tech programs of study at Malaysian higher education institutions, connect learners to in-demand tech jobs, and support the development of a highly-skilled tech workforce.

Global VC investment falls to lowest level in nearly 7 years as number of $1B+ deals falters – KPMG report

In Asia, VC investment fell from $18.5 billion to $15.6 billion quarter-over-quarter, while in Europe it dropped from $17.9 billion to $12.5 billion.

Vietnam EV maker VinFast officially launches in the Middle East

The VF 8 model will be sold in the Middle Eastern market.

Institutional investors look to AI-powered solutions for enhanced trading signals

Many companies are conducting advanced research to leverage #AI's potential in solving financial market complexities, investing in deep tech, quantum computing, and energy innovation. Institutional investors benefit by gaining improved methods to capture, analyze, and extract insights from trading signals.

Vietnam’s Vingroup launches VinVentures capital fund with AUM of $150M

The primary investment focus of VinVentures includes Artificial Intelligence (AI), Semiconductors, and Cloud Computing, as well as other high-tech products.

Malaysia’s Khazanah launches Jelawang Capital as national fund-of-funds to boost VC ecosystem

Jelawang Capital will be led by Bryan Lim as its Chief Executive Officer, who is also Khazanah’s Head of Dana Impak.

Malaysia’s Mah Sing, Bridge Data Centers seals second JV

This latest partnership builds on the initial agreement signed in May 2024 and together, these agreements increase the total planned power capacity to 300MW.