Latest news and trends about tech
Vietnam’s EV startup AVES doubles capital to $2.2M, to focus on 3-wheelers
AVES Technology & Green Energy JSC, an electric vehicle (EV) startup in Vietnam, has raised its registered charter capital VND59.1 billion ($2.2 million), nearly double its initial figure of VND30 billion.
Omnichat raises $10M Series A led by Openspace Capital, to scale AI agents
Omnichat, an AI-native marketing and customer experience platform, has raised a $10 million Series A round led by Openspace Capital, with participation from Darwin Ventures and Acorn Pacific Ventures.
Singapore’s Stryv raises $11.5M Series B led by ACV Capital, to expand into Taiwan
Stryv, a Singapore personal care and home wellness company, has raised US$11.5 million in Series B funding led by ACV Capital, with participation from Openspace Capital and OCTAVE Capital, along with other investors.
Google Cloud’s Moe Abdula on moving AI from pilot to production [Q&A]
Moe Abdula discusses how Southeast Asian enterprises can scale AI with stronger infrastructure, governance, localization and cost discipline.
Libeara agrees to acquire Zodia Markets Jersey unit
Singapore-based Libeara has agreed to acquire Zodia Markets' regulated Jersey dealer, subject to regulatory approval and undisclosed terms.
Citi wins approval for wholly owned China securities firm
Citi has received Chinese regulatory approval to establish a wholly owned Shanghai securities company offering brokerage, underwriting, research and trading.
Bukalapak records positive adjusted EBITDA of $55,088 in third quarter
Indonesian technology firm Bukalapak has recorded positive adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) of IDR 1 billion ($55,088) in the third quarter of 2026, an improvement from negative IDR 18 billion a year ago, continuing the positive adjusted EBITDA trend since the beginning of the year.
Korea’s LS Eco Energy to invest $49M in Vietnam ultracapacitor plant
LS Eco Energy, under South Korean chaebol LS Group, will invest KRW64.86 billion ($49 million) in building a new production line for medium-sized ultracapacitor cells at its Vietnamese subsidiary, LS Cable & System Vietnam.
Singapore to conduct next phase of geothermal studies after positive geophysical survey findings
The Energy Market Authority (EMA) said on Monday that it will carry out the next phase of studies to further assess the feasibility of harnessing geothermal energy for power generation, cooling, and heating.
Singapore advances power decarbonization with $59M funding initiative
The Energy Market Authority (EMA) and the Advanced Energy and Decarbonization Office (AEDO) have launched a S$75 million ($59 million) Power Decarbonization Funding initiative to develop and advance low-carbon technologies in Singapore.
