Latest news and trends about tech

International Finance Corporation (IFC) announced Wednesday that it has provided $30 million to M bank, Mongolia's first digitally focused bank, to increase digital lending for women and small businesses in the country.

DEEPX, a South Korea's artificial intelligence (AI) semiconductor technology startup, has announced the successful conclusion of its Series C funding round, amassing $80.5 million. The round was spearheaded by SkyLake Equity Partners with participation from BNW Investments and AJU IB, alongside existing stakeholder TimeFolio Asset Management.

Linnovate Partners, a Singaporean firm involved in asset servicing and fintech for the alternative investment industry, has announced the successful closure of $40 million funding commitment by SeaTown Private Capital Master Fund.

MetroElectro, a climate tech startup based in Australia, has secured AUD 1.04 million ($680,000) from Singapore-based climate tech venture builder Wavemaker Impact to develop mid-sized renewable power plants.

The Ministry of Health of the Republic of Indonesia (Kementerian Kesehatan) has on Tuesday announced an expanded collaboration with Google Cloud to support the development of healthcare-specific generative AI (gen AI) innovations, aligning with the goals set out in the Indonesian government’s blueprint for digital health transformation and Digital Indonesia…

NSG BioLabs, Singapore's largest provider of biotech co-working laboratory and office space, has successfully concluded a $14.5 million financing round. The round was led by Celadon Partners, an Asian private equity firm.

Rize, an agritech startup formed through a joint venture between Temasek, Wavemaker Impact, Breakthrough Energy Ventures, GenZero to decarbonize rice cultivation in Asia, has announced the closing of its $14 million Series A funding round.

While the landscape of #SocialMedia and #Web3 is evolving, many social platforms typically offer limited, if any, financial rewards for user engagement and content creation, leaving a gap to be filled. And this is where the emerging SocialFi space is stepping in and offering approaches that fill this void. 

In the coming months, users of more than 10 mobile wallets and banking apps, which are payment partners of Alipay+ will be able to use cashless payments when they travel to Nepal.

A transformed #education landscape featuring thoughtfully introduced #AI means more than frazzled, fatigued teachers and happier, more productive students. By preparing an incoming labor force better suited for current and emerging jobs, it can easily be a key to next-generation prosperity: the individual kind, and the national kind.