Latest news and trends about tech
India agri supply chain startup Onato raises $2.2 million Seed round led by Vertex Ventures and Omnivore
Onato’s platform connects various stakeholders directly and uses data from the demand and supply side to bring transparency in volume and pricing, ensure timely payments, and help customers access new business opportunities. This in turn drives better margins and allows small and medium participants to expand their business over time without deepening their…
500 SEA expects more unicorns in Southeast Asia following successful exits like Grab, Bukalapak
The Southeast Asian fund will start expanding its investment mandate and investing more into countries like Vietnam, and the Philippines.
From Wall Street to celebrity chef: How Judy Joo is spreading Korean flavors around the world [Podcast Q&A]
The biggest challenge in opening Korean restaurants overseas is educating people on the cultural differences within Asia and explaining that each country is different with its unique culture and culinary traditions and flavors. All of Asia should not be grouped together on one plate--each country and its cuisine should be celebrated as its own.
Managing the fine balance in cloud finance management
A critical starting point is how an organization develops its cloud capability in the first place--an internal analysis of the people, processes and tools needed--whether that’s to support operations, security, or a specific project. More than basic reporting, cloud cost optimisation takes regular cadence upgrades, and the application of processes to cost…
Singapore’s Temasek to invest $739M yearly in deep-tech – report
The sectors in focus include advanced manufacturing, disruptive materials, net-zero tech, life sciences, and food tech.
Carousell Group acquires Singapore-based sneaker marketplace Ox Street to accelerate re-commerce growth
Following Carousell Group’s investment from STIC Investments, this acquisition of sneaker marketplace Ox Street underpins the group’s strategic priority to accelerate its re-commerce growth in Greater Southeast Asia.
The fallout from the Colonial Pipeline ransomware attack and its implications
Digital transformation expands an organization’s attack surface, making it easier for threat actors to enter the network and gain control of OT assets. Without the correct security tools in place organizations can’t identify vulnerabilities or detect malicious activity.
Singapore VC firm Antler raises over $300M to expand investment focus, will invest up to Series C
Antler continues to invest in its portfolio companies as they scale. The firm has a global network of over 600 expert advisors, and an online platform of resources, tools and supports its portfolio companies with introductions to global investors, hands-on assistance with new market entry, and access to a global network of expert advisors.
Indonesian boutique hotelier ARTOTEL Group raises Series B financing to fuel expansion
ARTOTEL Group will utilize the proceeds of this financing to drive expansion through an aggressive merger and acquisition strategy in Indonesia’s hospitality sector and invest in strengthening the group’s core business infrastructure, digitizing operations, and enhancing sustainability throughout the organization.
Singapore’s ION Mobility completes $6.8M Seed round ahead of smart electric motorbike launch
ION Mobility is preparing to unveil its smart electric motorbike later this year. With this latest round of institutional capital, the company takes the next step to set up its manufacturing operations in Singapore and Indonesia in preparation to launch in-market.
