Latest news and trends about tech

Indonesia’s seaweed startup Banyu raises $1.25M seed round led by Intudo

With this round of financing, Banyu will establish a seedling cultivation laboratory and nursery and grow its farming and exporting operations.

Titan Lab by Tokenize Xchange acquires Coinseeker in $30M deal to drive innovation

Titan Lab by Tokenize Xchange (Tokenize), the blockchain development arm of the Singapore-based digital asset platform, has acquired Coinseeker, a Singapore-based startup specializing in artificial intelligence (AI)-driven blockchain venture intelligence and incubation services, in a deal valuing the company at $30 million.

Malaysia’s iMotorbike completes Series A funding with $10M to drive regional growth

IMotorbike, a Malaysia-based motorcycle platform for buying and selling pre-owned motorcycles, has announced the successful completion of a $10 million Series A funding round.

Carsome partners Petronas AutoExpert to expand aftersales services in Malaysia

Carsome Group, Southeast Asia’s largest integrated car e-commerce platform, and Petronas AutoExpert, a business unit under Petronas Lubricants Marketing Malaysia, have formed a strategic partnership to enhance aftersales service offerings for customers across Malaysia.

PublicInvest: US AI chip export restriction has muted impacts on Malaysia technology sector

PublicInvest Research said the impact of US artificial intelligence (AI) chip export restriction on Malaysia's technology sector is largely muted as the players mostly deal with the US hyperscalers.

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Rethinking cybersecurity in 2025

With #cybercrime costs projected to reach $12 trillion by 2025, businesses must adopt more resilient and innovative strategies. Reflecting on 2024’s trends reveals crucial lessons for fortifying defenses in this increasingly complex environment. #Cybersecurity has, undoubtedly, become a business imperative, with enterprises more invested than ever in…

Lazada and Peak3 launch new digital insurance joint venture in Southeast Asia

Lazada, a Southeast Asia's eCommerce platform, and Peak3, a global insurance technology firm, have announced the launch of a joint venture (JV) to build the leading digital and embedded insurance ecosystem in Southeast Asia.

Malaysia’s Maybank Islamic appoints audax and AWS to drive digital transformation

Maybank Islamic Bhd, the Islamic banking arm of Malaysia's lender Maybank Group, has appointed Standard Chartered backed technology solutions provider audax Financial Technology (audax) as its strategic partner to spearhead the digital transformation of its banking services.

Singapore’s uHoo secures $3.7M in funding led by Wavemaker Ventures, Menarco Development Corporation

UHoo, a provider of smart indoor environmental quality (IEQ) monitoring and management solutions based in Singapore, has announced the successful close of a $3.7 million funding round, comprising equity and debt.

Malaysia’s Vynn Capital to accelerate deployment in 2025

We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year. Vynn Capital is a Southeast Asia-focused early stage venture…