Latest news and trends about tech

Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital.

Singapore-headquartered Casa Mia Coliving has on Thursday announced the successful completion of its seed round financing, raising $1.3 million from real estate and private equity veterans.

Java Capital, a seed stage focused, SEBI registered Alternate Investment Fund (AIF) in India, has announced the launch of its first fund with a corpus of INR 75 crore ($9 million), including a greenshoe option of Rs 25 crore.

VinFast, the Vietnamese electric vehicle car maker, has on Wednesday announced the opening of four more VinFast stores in Los Angeles and Orange County. The events affirm VinFast’s efforts to expand its retail and service system before the delivery of vehicles to United States customers at the end of this year.

Touchstone Partners has on Thursday announced that it is leading a consortium that has committed to investing $1 million in Oda, a Vietnam-based food procurement system for restaurants and suppliers that streamlines ordering, saves money, and reduces food waste.

Although venture capital is the asset class most exposed to the current market turmoil, 2023 may prove a solid vintage for performance, Preqin Global Report 2023 revealed on Wednesday.

While businesses may be reluctant to invest and introduce new systems given the current market conditions, this move would be the right step forward to ensure they are able to successfully navigate through constrained economic environments while being able to plan ahead and stay on top of their competitors. 

Alio, Inc., a United States-based medical technology company reinventing the management of chronic disease, announced it has raised $18 million in the initial close of a Series C financing, bringing the total amount the company has raised to over $50 million. The financing was led by the Widjaja Family Investment Office with participation from the company’s…

VinFuture Foundation officially announces the agenda of the second VinFuture Sci-Tech Week, taking place between December 17–21, 2022 in Hanoi. This global event will welcome the attendance of numerous distinguished scientists from around the world, working together to contribute to the vision of “Reviving and Reshaping”.

Teleport, the logistics venture under Malaysia-based Capital A Berhad (formerly known as AirAsia Group Berhad), has raised new growth capital of $50 millionfrom large institutional credit investors to extend its cross-border delivery capabilities in all key Southeast Asian markets.