Latest news and trends about tech

Indonesia’s KarirLab secures pre-seed round led by Alpha JWC Ventures, M Venture Partners

KarirLab, an Indonesia-based online platform connecting students and campuses with hiring employers, has announced its pre-seed funding from Alpha JWC and M Venture Partners, with participation from angel investors.

DBS divests majority stake in AXS to Tower Capital Asia

Singaporean financial firm DBS Bank Ltd (DBS) has on Tuesday announced that it has entered into an agreement to sell a 77.8 percent stake in its payments firm AXS Pte. Ltd. (AXS) to private equity firm Tower Capital Asia.

Sequoia Capital’s China unit sets up office in Singapore – report

HongShan told the FT it had a “strong foundation of trust” with PeakXV and there would be opportunities for both teams to collaborate.

ATM Capital’s Tony Qu: How to capture Southeast Asia’s next super unicorn in this golden age of entrepreneurship?

ATM Capital Founder Tony Qu discussed the various changes currently happening in the Southeast Asian technology investment sector. Based on his experiences in the venture capital industry and the years he spent in the Southeast Asian region, Tony Qu also shared his insights on investing in the region, his experience investing in unicorn J&T Express and how…

Carsome appoints former PwC Singapore chairman as first independent director

Southeast Asia’s largest integrated car eCommerce platform Carsome Group Inc. has on Monday announced the appointment of Yeoh Oon Jin to its board as its first Independent Director, effective from June 30, 2023.

Malaysia’s Gentari partners KPJ Healthcare to offer clean energy solutions

Gentari Sdn Bhd, a Malaysia-based clean energy solutions provider has partnered KPJ Healthcare Berhad, Malaysia’s largest private healthcare provider to offer clean energy solutions.

Malaysia’s Ni Hsin inks deal with Boustead Technology for EV motorcycles distribution

Ni Hsin EV Tech Sdn. Bhd. (NH EV TECH), a wholly-owned subsidiary of Malaysia main market-listed Ni Hsin Group Berhad, has on Monday inked a partnership with Boustead Technology Sdn. Bhd. (BOUSTECH), a wholly owned subsidiary of Boustead Holdings Berhad, to promote the electric motorcycles known as EBIXON EV Motorcycles.

Carbon capture and storage solutions to mitigate climate change

#Climate change is a #social challenge that requires effective communication, empathy, environmental justice, and multiple approaches to understand people's perspectives and encourage meaningful action. Read more in this recap of the June 2023 InnovaTalk #Webinar hosted by the VinFuture Foundation.

Indonesia’s Eratani raises further $2M seed funding, bringing total seed funding to $5.8M

Eratani, an Indonesia-based agritech firm, has on Monday announced a further $2 million seed extension funding round, bringing the total seed funding to $5.8 million. The round sees participation by SBI Ven Capital through its joint fund with Kyobo Securities and NTUitive, Genting Ventures, Orvel Ventures & Ascend Angels.

Southeast Asia’s IPO market remains investor favorite amid global economic uncertainties, Deloitte says

Southeast Asia's (SEA) initial public offering (IPO) remains steady despite global economic uncertainties, according to Deloitte recent report. In the last six months, the region's market saw 85 IPOs raising $3.3 billion in proceeds, with an IPO market capitalization of $20.1 billion. This versus the 73 IPOs in the same period last year which raised $3.1…