Latest news and trends about tech
Grab launches mapping service GrabMaps
Singapore-based super app Grab Holdings Limited announced Wednesday the launch of GrabMaps, a new enterprise service that will allow the company to tap into the $1 billion market opportunity in Southeast Asia per year for mapping and location-based services.
Southeast Asia primed for investments to bridge sustainability opportunities, says Bain & Co, Temasek report
SEA needs to move from promises to action and bridging the gap between opportunities and results will be a key milestone. We remain bullish on the $1 trillion economic opportunities in SEA, but we need to step up as a region to strengthen the investable market and increase green capital flows,” said Dale Hardcastle, Partner and Director of the Global…
Thai Salary Hero raises $2.8M from Global Founders Capital, 500 TukTuks, M Venture Partners
Salary Hero, a Thai-based financial wellbeing platform, announced Wednesday it has raised $2.8 million in funding. Participation in the round included Global Founders Capital, M Venture Partners (MVP), 500 TukTuks, 1982 Ventures, Titan Capital, and multiple high-profile Thai corporates and angel investors. The company will use the capital injection to…
Singapore’s Omnistream closes $7M Series A investment led by SIG Venture Capital
Omnistream, a Singapore-based data-empowered solutions company for the retail industry, said Tuesday it has raised $7 million in Series A funding led by SIG Venture Capital, the Asian venture capital arm of Susquehanna International Group (SIG). The round also saw participation from Delivery Hero Ventures, an independently managed venture capital fund…
Indonesia’s Pintu raises $113M Series B from Intudo, Lightspeed, Northstar, Pantera
Pintu, an Indonesia-based crypto wallet and trading platform, announced Tuesday the closing of a $113 million Series B round of financing from Intudo Ventures, Lightspeed, Northstar Group, and Pantera Capital. With this round of financing, the firm plans to solidify its position as the leading crypto assets platform in Indonesia, rolling out new features,…
Australia’s Swoop Aero closes $16M Series B round led by Main Sequence
Australian drone firm Swoop Aero said Tuesday it has completed a $16 million Series B venture capital raise, following over two years of continuous drone delivery of medical supplies across Africa, and delivering over 800,000 items by drone. The successful Series B raise was led by Australia’s premier deep tech venture capital (VC) fund, Main Sequence.
Gobi Partners publishes inaugural Sustainability Report
"It is especially poignant for Gobi to publish our first Sustainability Report during Pride Month and on World Environment Day, and we look forward to further advancing and promoting environmental stewardship, social progress, and good governance through our work highlighted in this report and our sustainability initiatives in the future," Gobi said.
SoftBank backs $100M funding of Australia corporate education content hub Go1
Go1, an Australia-based corporate education content hub for on-demand training and resources, announced Monday it has raised over $100 million in its latest funding round closed in May. The round brings Go1’s total funding to over $400 million, increasing the company's valuation to over $2 billion. Participants in the round include AirTree Ventures, Blue…
Indonesia’s J&T Express invests $136M for logistics center in Malaysia
JT Express, an Indonesia-based international express logistics company, announced Tuesday it has invested MYR600 million ($136.46 million) to purchase a 30-acre parcel of land in Bandar Rimbayu, Selangor, Malaysia, to build a logistics center. The land will be used to build an integrated logistics center for express distribution, logistics and…
Singapore’s used car platform Carro buys 50% stake in Indonesian rental firm MPMRent – report
MPMRent is one of Indonesia's leading car rental firms with a fleet of more than 13,000 cars and provides financing services.
