Latest news and trends about tech
Singapore’s FastCo raises $7.48M in Series A funding; expects to break-even within next two years
In the extended Series A round, Malaysia-based investment firm OSK Ventures International (OSKVI) led the funding that raised a total investment of S$4.7million into FastCo with participation from existing investor Cento Ventures and new investor Kairous Capital.
Vietnam’s Society Pass expands Nusatrip business to Southeast Asia
Society Pass Incorporated, Southeast Asia's (SEA) data-driven fintech and e-commerce ecosystem, has on Wednesday introduced the new Nusatrip Chief Executive Officer and announced its strategic plans moving forward, expanding Nusatrip business coverage throughout SEA.
Cybersecurity in the age of hybrid work
Leadership needs to be aware of the reputational damage that a cyberattack can cause their organizations and understand that prevention is better (not to mention cheaper) than not doing anything. A genuine interest in cybersecurity will also cascade down from the CEO to the remote workforce, ensuring better awareness and better security.
Philippine circular economy startup Humble closes oversubscribed seed round
umble Sustainability, a circular economy startup from the Philippines, closed its seed round led by Seedstars International Ventures. The round also saw participation from iSeed Ventures, an early stage venture capital in San Francisco, and angel investors like Alan Wong, co-founder of Ula, as well as Sagar Achanta, who has held product leadership roles at…
Installation of 10,000 EV charging points in Malaysia on track, 700 ready, according to ministry
The EV industry has become one of the hottest sectors among Southeast Asian countries. Often seen as the future of automobile, neighboring countries Indonesia and Thailand has hoped to become EV regional hubs, luring car makers from Japan, South Korea and the US to invest and build factories here. Countries including Malaysia and Vietnam have started to…
Quona Capital announces $332M fintech venture fund
Emerging markets venture capital firm Quona Capital announced Wednesday the final close of its Fund III at $332 million, significantly exceeding its $250 million target. This is the third fund from Quona Capital since its inception, bringing the firm’s aggregate committed capital to over $745 million.
DBS Bank launches accelerator in partnership with World Bank, Google Cloud
Singapore-based bank DBS and its global partners on Tuesday launched the second cycle of Sustaintech Xcelerator, a six-month climate-focused hybrid accelerator programme.The programme is organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini, and the Centre for Nature-based Climate Solutions at the National University of…
VinFast wins Corporate Sustainability Award
VinFast has won the "Corporate Sustainability Champions" - ORIGIN Innovation Awards 2022. In addition to recognizing how VinFast's impacts align with the Sustainable Development Goals of the United Nations, the award affirms VinFast's commitment to "creating a sustainable future for everyone."
India’s Dhiway raises $1M pre-seed funding from Cornerstone Venture Partners Fund and SUNiCON Ventures
Dhiway, an India-based blockchain startup, announced Monday it has raised $1 million in a pre-seed round led by Cornerstone Venture Partners Fund, SUNiCON Ventures and existing shareholders.
Indonesian DTC beauty and wellness Base lands $6M Series A round led by Rakuten Ventures
Base, a technology-based, vegan beauty and wellness brand in Indonesia, announced that it has raised $6 million in Series A funding to strengthen its positioning in Indonesia’s market and to continue fueling its growth. Rakuten Ventures led the round, along with participation from existing investors Antler, East Ventures, Skystar Capital, and Pegasus Tech…
