Latest news and trends about tech

Vietnam fintech startup GIMO bags $1.9M in Seed+ round led by Integra Partners

GIMO has successfully raised $1.9 million in a Seed+ round led by Singapore’s Integra Partners. The round also saw participation from Resolution Ventures, Blauwpark Partners, and TNB Aura VN Scout. With the fresh funding, the company plans to allocate more resources for hiring senior engineers, strengthening risk management competencies, and integrating…

Singapore biotech startup RWDC Industries raises $95.1M in Series B2 funding co-led by Vickers Venture Partners and Temasek

RWDC Industries Limited announced the closing of a $95.1 million Series B2 funding round co-led by Singapore venture capital firm Vickers Venture Partners and Singapore state investor Temasek. The funding will support the group’s expansion and boost its production of biodegradable biopolymer material that will help the group speed adoption of sustainable…

ORIGIN Innovation Awards 2021: Announcing the Startup Finalists – AI, E-commerce, FinTech & RegTech

We are thrilled to announce the finalists of the Startup Finalists - AI, E-commerce, FinTech & RegTech for the second edition of the ORIGIN Innovation Awards.

Indonesia President Jokowi to launch VC fund backed by state-owned firms – report

State-owned companies will be directed to help with this new funding.

Singapore skyline SGX SPAC

SGX-backed ADDX tokenizes first private credit fund, lowers minimum from $5M to $20K

ADDX has enabled rare fractional access to a private credit fund with more than $1 billion in committed capital, reducing the fund’s minimum investment size for individual accredited investors from $5 million to $20,000.

From startup to scale-up: A closer look at Thailand’s Soonicorns [BEYOND Virtual Panel]

This BEYOND Virtual Panel held on November 12, 2021, shows a sharing of updates and ideas concerning the state and progress of soonicorns in view of the current condition of Thailand’s economy. Will Thailand see its second unicorn soon? Or do startups really have to strive to reach that $1 billion capitalization milestone?

Malaysia’s MAVCAP launches two new tech-focused venture capital funds, targets total fund size of $35.83M

The two VC Funds will provide equity funding to startups with strong growth potential in Malaysia and other Southeast Asian markets, focusing on verticals such as Artificial Intelligence, Fintech, Healthtech, Greentech, Industrialtech, Internet of Things and EdTech.

BEYOND Virtual: Innovation key to emerge stronger; gaming & esports taking front seat

This week, BEYOND Virtual continues with informative and engaging panels focusing on innovation, gaming, and esports.

Singapore BNPL firm Pace raises $40M Series A funding from UOB Venture Management, Marubeni Ventures, AppWorks & others

Following this investment round, Pace is now the fastest-growing multi-territory BNPL player from Singapore. The new funding will go towards expanding technology, operations, and business development, to hit a Gross Merchandise Value run rate of $1 billion in 2022 and grow its user base by 25 times over the next 12 months.

Animoca Brands’ subsidiary Quidd token raises $5M from Binance Smart Chain Growth Fund and others

Quidd, the digital collectibles company and a subsidiary of Animoca Brands, announced that the QUIDD token has raised a total of $5 million via private sale, pre-sale, and initial DEX offering (IDO), and is now available on PancakeSwap.