Latest news and trends about tech

Singapore-based Quincus raises Series B at over $100M valuation

Quincus looks to use Series B funding to continue expanding its footprint in Asia-Pacific, the Middle East, and select markets in Latin America, Europe, and North America.

Startup Studio Indonesia aims to incubate 150 startups by 2024

Startup Studio Indonesia has a preference for the following six sectors: education, health, maritime, agriculture, travel, and logistics but put more emphasis towards selection criteria: product-market fit traction, founder’s profile, local defensible-factor, and market size.

Improving the financial literacy of Singapore’s migrant workers

Much of our economy and society is built on the backs of migrant workers. They are equally valuable members of our community and deserve to be treated fairly. The first step to addressing economic and social inequality is to help them improve financial literacy, which will enable them to make more informed choices and open up access to essential financial…

Singapore Heritas Capital Fund II

SBI, Sygnym, Azimut launch $75M digital asset-focused VC fund in Singapore

The fund aims to back digital asset companies across Europe and Southeast Asia, focusing on companies developing distributed ledger technology infrastructure, decentralized finance solutions, and regulatory technology tools.

From TechInnovation 2021, here are some groundbreaking tech that could revolutionize industries and change the world

The event, presented by IPI, returns for its 10th edition this year as a digital event that will run around the clock from September 28 to 30, 2021. 160 international exhibitors will present over 400 technologies in the virtual TechInnovation exhibition, with the goal of enabling eco-friendly consumption, improving food production, and securing people’s…

Rodeo is building brand journeys and revolutionizing transit advertising with analytics [Q&A with Valens Subramaniam]

Rodeo’s ability to successfully marry data analytics with production house capabilities has drawn customers such as Alibaba and AirAsia Ride, and saw Rodeo raise 1.13 million MYR from 85 investors in an equity crowdfunding campaign.

Singapore skyline SGX SPAC

SGX-backed ADDX tokenizes global private equity fund managed by Partners Group

The EUR5.5 billion Global Value SICAV Fund is the first fund by a major PE firm to be tokenized anywhere in the world.

Malaysia InsurTech firm PolicyStreet.com raises $6M in Series A, receives in-principle approval for reinsurance & general insurance license

The latest round is led by Altara Ventures, Auspac Ventures, Gobi Partners and the Leong family of Malaysia-based property developer Mah Sing Group led by Leong Hoy Kum.

Zipmex’s Marcus Lim on access, regulation, and innovation in Southeast Asia’s FinTech and blockchain ecosystem [Q&A]

The increased confidence from institutional investors has propelled more retail investors to invest in digital assets. In turn, new financial products and services related to digital assets will be developed which may provide opportunities for both existing and new investors to participate in projects that will be the first of their kind and shape the…

Vietnam loyalty platform Society Pass plans to list on Nasdaq

The company is offering 2.9 million shares at a price range of $8 to $10. At the mid-range, this puts the IPO at around $26 million at a $188 million valuation.