Latest news and trends about tech
Malaysian drone tech firm Aerodyne explores dual-listing as it starts IPO process
The drone tech firm currently is also in the midst of raising a bridge round ahead of its Series C funding round next year.
US cybersecurity firm Claroty raises $400M Series E funding led by SoftBank, acquires Medigate for extended IoT protection
Claroty has raised $400 million in Series E funding and entering an agreement to acquire Medigate. The round brings the company’s total funding to $635 million, making it the most well-funded cybersecurity company in the industrial, healthcare, and enterprise IoT sectors.
Singapore cybersecurity start-up CloudSEK raises $7M in Series A funding led by MassMutual Ventures to accelerate global expansion
CloudSEK has raised $7 million in its Series A investment led by MassMutual Ventures. This brings the total investment in CloudSEK to about $10 million. The Series A funding also saw participation from Omidyar Network India, 100X Entrepreneur, individual investors Firoz Meeran and Navas Meeran, and CRED Founder Kunal Naresh Shah’s QED Innovation Labs.…
Singapore VC firm Golden Gate Ventures seeks $120M for new fund – report
Golden Gate's move comes at a time when Southeast Asia is attracting more investors into the region.
Navis Capital Partners sells its entire stake in Hong Kong tech business services provider QIMA
Navis Capital Partners (Navis) announced the sale of its entire interest in Pinnacle Inspection Ltd (QIMA). Caisse de dépôt et placement du Québec (CDPQ) , is the new equity investor for QIMA alongside the founder, Sebastien Breteau, and his senior management team.
The state of cyber risk in APAC underscores need to invest more in cybersecurity talent, capabilities, and resources
The inadequacy of cybersecurity skills covers the spectrum of cybersecurity professionals, from IT technicians to security engineers and chief information security officers.
Binance Asia Services invests in Singapore private securities exchange HG Exchange
Binance Asia Services, the blockchain ecosystem and cryptocurrency provider behind Binance Singapore, announced its post-money stake of 18 percent in Singapore private securities exchange Hg Exchange (HGX). Through this investment, Binance Singpoare seeks to work with HGX in enhancing offerings of products and services supported by blockchain technology.
Thai proptech firm Lazudi raises $2M funding from Swedish venture capital firm PropTech Farm
Lazudi has raised $2 million investment from PropTech Farm. The cash injection provides the firm with the capital it needs to deploy the technology to simplify the home buying and selling process, which comes at the right time as Thailand’s property market gets ready for growth following the easing of travel restrictions.
Hong Kong logistics startup Pickupp raises $37M Series B funding led by Jardine Matheso
Pickupp has raised another $37 million in Series B funding led by Hong Kong conglomerate Jardine Matheson. Existing investors including Reefknot Investments, Cathay Venture Inc., PChome Online Inc., DRIVE Catalyst, and Swire Properties also joined the round, Pickupp said in a statement. The funding will be used to deepen its presence in Asia and to…
Pakistan: Bridging the South and Southeast Asia startup and innovation ecosystems [BEYOND Virtual Panel recap]
This November 18 session of Beyond Virtual invited three leaders from leading startups in Pakistan to discuss how the Pakistani startup ecosystem can improve especially in view of the viability seen in exploring opportunities in the Southeast Asia market.
