Latest news and trends about tech
Singapore’s Food Empire secures $40M from Ikhlas Capital
Food Empire Holdings, a Singapore-based multinational food and beverage manufacturing and distribution group, has secured $40 million from private equity fund Ikhlas Capital Singapore Pte. Ltd.
Axrail opens Gen AI lab in Malaysia in collaboration with AWS and Phison
Axrail, an artificial intelligence (AI) subsidiary of Malaysian integrated agro-based business group QL Resources Berhad, has opened a generative AI (Gen AI) lab in Malaysia and Southeast Asia showcasing cloud and edge solutions, to support the growing demand for AI solutions and the nation’s digital economy aspirations.
Malaysia’s Paywatch secures $30M funding from a mix of equity and credit facilities
Malaysia-based earned-wage access (EWA) service provider Paywatch has raised $30 million in funding from a mix of equity and credit facilities to supercharge its growth.
Burnout leads to employee AI use at work
As AI becomes a larger part of the workplace, people must use these tools wisely. They may be excellent options for productivity, but they also have the potential to expose sensitive data that could cost one’s job and livelihood. Therefore, it is important to use #AI responsibly to ensure it keeps offering the benefits of increased #productivity.
Malaysian climate fintech startup Okapi Technologies raises funding from The Radical Fund
Okapi Technologies, a Malaysia-based climate fintech startup in the solar financing space, announced Monday the successful closure of its funding round and official launch in Malaysia, starting with the residential solar sector.
ORIGIN: Asia Tech Conference: Cultivating Innovation: Strategies for Building a Conducive Environment for Tech Growth in Southeast Asia
The panelists, from corporate venture capital, venture capital firm and venture builder, shared their views on the criteria and support needed to build a conducive tech ecosystem.
OneFootball adopts Mocaverse’s Realm Network to offer Football ID to over 200 million football fans
Mocaverse, the marquee consumer network seeded by Animoca Brands, announced Friday a strategic partnership with OneFootball, a global football platform with more than 200 million fans, to leverage Mocaverse’s Realm Network interoperable SDK to launch Football ID, the universal football decentralized identifier (DID) and reputation layer to onboard football…
India’s OrbitShift raises $7M in seed funding led by Peak XV’s Surge, Stellaris Venture Partners
OrbitShift, an India-based artificial intelligence (AI)-native sales operating system that accelerates enterprise sales motions, has announced $7 million in seed funding led by Peak XV’s Surge and Stellaris Venture Partners.
SEA tech startups funding plunges 65 percent on year in first half
Companies in the Southeast Asia (SEA) tech space has raised $1.6 billion in the first half of 2024, a substantial 65 percent drop compared to the $4.5 billion raised in the first half of 2023, and 37 percent lower than $2.5 billion raised in the second half of 2023, Tracxn says Friday.
Gleneagles Hospital Kengeri partners Medulance to launch South India’s 5G-enabled ambulance service
Gleneagles BGS Hospital, Kengeri has announced the launch of South India's 5G-enabled ambulance service in partnership with Indian GPS-based technology platform Medulance.
