Latest news and trends about tech
Indonesian FinTech firm Xendit raises $300M Series D funding co-led by Coatue and Insight Partners
Xendit, an Indonesia-based payments infrastructure platform, announced Thursday it closed $300 million in Series D funding, taking the total amount raised to $538 million to power the world’s fastest-growing digital economy. Coatue and Insight Partners co-led the round with additional investment from Accel, Tiger Global, Kleiner Perkins, EV Growth, Amasia,…
World’s first metaverse music label 0x0 launches in Taiwan
With the world hopping onto the non-fungible token (NFT) craze, Taiwan has taken the lead with the launch of 0x0, the world’s first metaverse music label. Created by a group of music enthusiasts, the artists that 0x0 represents exist in the form of NFT characters, putting out music and MVs with the characters as their identities. This maximizes the…
Singapore’s Oddle raises $5M in Pre-Series B funding
Funds from this bridge round will power product development and regional market expansion in Singapore, Malaysia, Taiwan and Hong Kong.
Carousell, L Catterton SPAC merger talks end – report
The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger agreement with Carousell.
Not on our watch: Addressing security vulnerabilities in the MedTech space
As we know, proper security involves the right people, processes, and technology, and there is no singular product that will alone make a system secure after deployment. While Medigate brings much value to Healthcare IT, Security, and Clinical Engineering, it is the challenge of bringing these groups together that separates those HDO’s that are committed to…
Indonesia poultry tech firm Pitik raises $14M in Series A funding led by Alpha JWC Ventures
The fresh funding will also be used for aggressive team expansion. Headquartered in the Greater Jakarta Area with operations in 14 cities, Pitik aims to add dozens of deep tech engineers, operations professionals, as well as poultry experts to its current team.
VinFuture Prize officially announces commencement of the Pre-Screening Round
The 2022 VinFuture Pre-Screening round takes place from May 18th to late September, 2022 and aims to enable the Council to meticulously evaluate the most impactful and award-worthy works to proceed to the final round.
Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund
The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.
Improving insurance
From product push, the industry is moving to embed products by offering end-to-end distribution solutions and increasingly, ecosystem solutions. However, the promise is yet to become an everyday reality.
SMU and Synagie partner to upskill and plug skill gaps in Southeast Asia’s ecommerce and tech workforce
The programs are specially designed to address the specific talent and skills shortages faced by the technology and eCommerce sector in Singapore and Southeast Asia, with the aim of upskilling over 3,000 sector professionals by 2025.
