Latest news and trends about tech

India’s Neysa raises $20M in seed funding led by Matrix Partners India, Nexus Venture Partners, NTTVC

Neysa, an India-based artificial intelligence (AI) cloud and platform-as-a-service startup (PaaS), has secured $20 million in seed funding. Led by Matrix Partners India, Nexus Venture Partners, and NTTVC, the funding will help drive the generative-AI-cloud platform as a service and observability for India and global markets.

fiber, cable, wire

Mission critical: Safeguarding submarine cable networks

Network operators are investing in infrastructure to boost connectivity across the region. Perhaps unbeknownst to many, a big part of this infrastructure involves international submarine cables carrying #telecommunications traffic between #SEA and the rest of the world. Behind every email sent, every transaction made, and every phone call dialed is a…

Professional Triathletes Organization partners Animoca Brands’ subsidiary SPORTPASS for endurance sports Web 3 experience

The Professional Triathletes Organization (PTO) and SPORTPASS, a fan engagement and gaming platform and a subsidiary of Animoca Brands, have on Wednesday announced the entry into a framework in respect of a partnership to transform the fan experience for triathlon and endurance sports that leverages Web3 and blockchain technology.

Rio Tinto partners Founders Factory to invest $9.28M in technology startups

Australian miner Rio Tinto is teaming up with global venture studio and start-up investor Founders Factory to invest AUD 14.4 million ($9.28 million) in technology startups.

Metalpha and Algos Electronics jointly set up NOWLIT fintech solutions

Metalpha Technology Holding Limited, a Hong Kong-based digital asset-focused wealth management company, together with global chips provider Algos Electronics Corp., have established NOWLIT FinTech Solutions Corp.

Vietnam’s CNV secures $1M seed funding from Wavemaker Partners

CNV, a Vietnamese cloud-based business and marketing solutions provider, has successfully raised its seed funding of $1 million from Singapore-based venture capital firm Wavemaker Partners.

EY : Southeast Asia’s IPO deals down to $1B in first quarter

Southeast Asia's initial public offering (IPI) activity slowed down in the first quarter, with a total of 38 deals raising$1 billion, down from 51 deals raising $1.4 billion in the first quarter of 2023.

SUSI Partners invests in buildout of utility-scale renewables projects in the Philippines

SUSI Partners, through the SUSI Asia Energy Transition Fund (SAETF), has entered into an investment agreement with experienced Southeast Asian developer Alba Renewables (Alba) to support the development, construction, and operation of utility-scale, ground-mounted solar photovoltaic (PV) and onshore wind projects in the Philippines.

India’s Filter Capital announces final close of $97M for its inaugural fund

Filter Capital, a technology-focused growth investment firm based in India, has announced the successful final close of its first fund – Filter Capital India Fund I at a total corpus of 800 crores ($97 million).

a person sitting at a desk with a laptop on it

Cybersecurity: A business imperative for today’s leaders

In the rapidly evolving digital landscape, cybersecurity has emerged as a critical business issue that leaders across all sectors must grapple with. The increasing sophistication and frequency of cyberattacks have made it clear that #cybersecurity is no longer just a technology concern, but a business one. Leaders who fail to recognize this are at risk of…