Latest news and trends about tech

Malaysia central bank, ASEAN 5 to set up multilateral platform for cross-border payment connectivity

A key highlight at the symposium is the showcasing of Malaysia’s cross-border QR payment linkages with Indonesia, Singapore, and Thailand. It features an exhibition with food vendors from Malaysia, Indonesia, Singapore, and Thailand.

Nokia, NAVER Cloud collaborate to bolster digital transformation in Southeast Asia

Finnish telecom equipment maker Nokia Nokia and South Korean technology firm NAVER Cloud Corp. announced Thursday that they have signed a Memorandum of Understanding (MoU) to bolster the digital transformation in the Southeast Asia (SEA) region.

Antler closes $285M emerging growth fund to back industry leaders

Singapore-based startup accelerator Antler has closed Antler Elevate, a $285 million emerging growth fund that backs the next generation of game-changing founders across 20+ technology ecosystems.

US SEC charges cryptocurrency platform Coinbase a day after suing Binance

The US Securities and Exchange Commission (SEC) on Tuesday charged Coinbase, Inc. with operating its crypto asset trading platform as an unregistered national securities exchange, broker, and clearing agency. The SEC also charged Coinbase for failing to register the offer and sale of its crypto asset staking-as-a-service program.

MHI inks MoU with TNB Genco on clean energy technologies to drive decarbonization in Malaysia

Japanese industrial group Mitsubishi Heavy Industries, Ltd. (MHI) and Malaysia's power producer TNB Power Generation Sdn. Bhd. (TNB Genco), have signed a Memorandum of Understanding (MoU) to study and exchange information related to clean energy technologies.

NTU Singapore, Delta Electronics set up $18M corporate lab for advanced robotic technologies

Nanyang Technological University (NTU Singapore) and Delta Electronics, a Taiwan-based provider of internet of things (IoT)-based smart green solutions, have established the SGD 24 million ($17.8 million) Delta-NTU Corporate Lab for advanced robotics.

Indian EV startup River raises $15M in funding deal led by Al Futtaim

Indian electric vehicle (EV) manufacturer River has raised a $15 million investment round led by Dubai's multinational powerhouse, Al Futtaim Group. The fresh funding will bolster the firm's growth, priming its manufacturing and distribution networks for an August 2023 delivery kick-off.

ORIGIN Conference: Advanced & Affordable Healthcare thru Technology

The discussion started with a light conversation over the use of modern tools like ChatGPT in healthcare. It proceeded to highlight why healthcare is a leading priority for investors in Southeast Asia. Additionally, the panel pointed out the challenges and opportunities as well as the potential for innovative technologies.

Seedstars’ Alisée de Tonnac on investing in global startups and emerging markets [Q&A]

We envision Seedstars to be at the forefront of driving entrepreneurship and investment in emerging markets. We aim to expand our footprint, invest in more startups, and empower more entrepreneurs through our educational programs.

India’s Course5 Intelligence completes fund raise of $53M with second close led by Nuvama Private Equity

India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence, announced Tuesdasy that it has successfully completed its round of funding of $53 million with second close led by Nuvama Crossover Series of funds, managed by Nuvama Asset Management Limited.