Latest news and trends about tech

Kaya Founders raises $12M in first close to support Philippine startup founders to scale-up

Kaya Founders, a Philippines-based venture capital firm, has on Wednesday announced the first close at $12 million in funding across two new funds to back the next generation of tech-enabled, industry-shaping start-ups across Southeast Asia.

The Third Hengqin International Scientific and Technological Innovation and Entrepreneurship Competition Offers RMB 300M Prize Pool

This prestigious competition, organized by the Guangdong-Macao in-Depth Cooperation Zone in Hengqin Economic Development Bureau, presents a lucrative opportunity for participants to showcase their talents and ideas while vying for a substantial prize pool of RMB 300 million.

SUSI Partners closes Southeast Asia Energy Transition Fund at $120M

Swiss infrastructure fund manager SUSI Partners has held a final closing for Southeast Asia Energy Transition Fund (SAETF) at the end of May, bringing total fund commitments to $120 million.

Recharge Capital launches $200M women’s healthcare fund

New York and Singapore-based private investment firm Recharge Capital has on Thursday announced the successful closure of the first tranche of its $200 million Women’s Healthcare Investment Vehicle.

Carro and Jardine Cycle & Carriage ink $60M automotive strategic partnership

Singapore-based used car marketplace Carro and Jardine Cycle & Carriage (JC&C) have announced on Friday a $60 million strategic partnership that aims to redefine the used car and aftersales segments of automotive retailing.

Y Combinator-backed Wed3 startup Poko raises $4.5M funding from prominent investors

Poko (Pokoapp.xyz), a Y Combinator-backed Singapore Web 3 startup, has on Thursday announced the successful completion of its seed round, raising $4.5 million in funding. The round was led by prominent investors from all key regions it focuses on, including Y Combinator, NAZCA, Global Founders Capital, Orange DAO, SOMA Capital and Goodwater Capital.

Tiktok, Bytedance

ByteDance’s TikTok to invest ‘billions’ in Southeast Asia, says CEO

Southeast Asia is one of TikTok’s biggest markets in terms of user numbers.

ADDX names former SGX Senior Managing Director as Chairman

Singapore-based private market exchange ADDX has appointed Chew Sutat, former senior managing director at the Singapore Exchange (SGX), as its chairman.

Singaporean fintech firm Pilon secures fresh funding Kaya Founders

Pilon, a Singapore-headquartered FinTech firm that offers cloud-based supply chain financing system, announced Thursday that it has successfully secured a top-up round from Philippines-based Kaya Founders to accelerate growth plans and strengthen its presence in the Philippines market.

Singapore’s Decentralised Gaming Ventures secures seven-figure investment from Korean venture fund

Decentralised Gaming Ventures, a Singapore-based web3 game venture builder, has on Thursday announced a seven-figure investment round led by Korean venture fund, Hashed.