Latest news and trends about tech

Chicago-based foodtech Nature’s Fynd is out to capture APAC’s slice of the alt-protein pie [Q&A]

Fresh off a US$350 million Series C round led by SoftBank’s Vision Fund 2, Chicago-based fungi protein startup Nature’s Fynd is bypassing typical alt-protein markets in Europe to expand across Asia Pacific aggressively in 2022. Nature’s Fynd Chief Marketing Officer Karuna Rawal tells TechNode Global why.

Singapore’s F&B startup Chope & Alipay forms strategic partnership

Through this strategic partnership, Alipay will provide Chope with its mini program Software-as-a-Service (SaaS) and know-how, while Chope becomes Alipay's platform partner with the capability to integrate a variety of mini programs quickly and flexibly.

Vietnam HealthTech startup Medici secures insurance broker license, will integrate health & life insurance services

With this highly competitive license, Medici can distribute a large variety of health and life insurance products on their platform, support customers with claims management, and co-develop insurance products leveraging the data and insights collected through existing services.

Petronas Future Tech 2.0 welcomes 20 Malaysian deep tech startups including drone tech firm Aerodyne

Petronas’ collaboration with TM and SDP aims to provide homegrown startups with opportunities to gain insights from industry experts that will help them discover, nurture and scale deep technology innovations in the country.

AC Ventures insights: Emerging e-commerce opportunities in Indonesia

Indonesia’s total retail market is on track to cross $300 billion in the next three years, and with e-commerce just reaching $30 billion in 2020, there are still excellent growth prospects. For example, the largest single share of groceries alone makes up over $70 billion, with estimates of online penetration barely crossing 0.5 percent in 2021.

Alibaba’s Lazada rebrands logistics arm, introduces multi-channel logistics services

Along with the rebranding, Lazada Logistics is also introducing multi-channel logistics (MCL) services, which provide a single stock fulfillment solution to help e-commerce enablers and brands fulfill across all e-commerce channels seamlessly.

MDEC launches Global Technology Grant to nurture global tech champions

The grant provides up to 2 million ringgit funding for eligible technology companies and technology accelerators.

Singapore’s cloud workflow startup Tessaract raises $3.3M in Wavemaker Partners-led Pre-Series A funding round

The round also includes CMIA Capital Partners, M Venture Partners, as well as angels, Anand Swaminathan and Doug Parker.

Malaysia-based SPAC Kairous Acquisition files for a $50 million IPO on NASDAQ

The SPAC intends to focus on fast-growing technology companies in e-commerce, financial technology, insurance technology, digital health, digital media, and digital services.

Meaningful cloud transformation requires measuring value, costs, and consumption, says Apptio’s Sunny Gupta [Q&A]

When cloud providers take care of most IT operations, technology leaders focus on optimizing IT to deliver business capabilities. This simplifies the relationship between technology and business leaders as the capability is the focus, not the underlying infrastructure to support it.