Latest news and trends about tech

MAGIC Fund II is currently looking at global startups that are focused on building infrastructure while delivering a quality customer experience. The firm typically writes checks of $100,000 to $300,000 for early-stage startups and will continue to do so in this fund.

Led by CR-CP Life Science Fund, this new capital will support MiRXES’s growth as a global leader in cancer early detection tests and preventive healthcare.

Choco Up's investment is part of a wider closed round bridge investment, which also includes funding from Singapore-based Innoven Capital and Janio’s existing shareholders.

CEO Tony Fernandes said a few technology-focused SPACs have approached the airline group, and AirAsia has engaged auditors for a deal to list the unit.

The purchase considerations for the proposed acquisitions will be wholly satisfied by the issue of new shares in the AirAsia SuperApp. Gojek will own 4.76 percent in AirAsia SuperApp after the proposed acquisition.

TechNode Global interviewed key members of the Fintech Angel Operators to seek their insights on the growing market for FinTech services in the Southeast Asia region with a particular focus on how the model of an angel investor network can accelerate growth in this space.

In a TechNode Global Q&A, Chu shared the story behind why she started YouTrip and the challenges she and her team met when they grow the company. She also shared her views on how to encourage more women to become entrepreneurs and some advice for them, based on her personal experience as a female founder.

In our recent Brown Bag Workshop Session, we learned from Kenny Au and the executive team at Elevate Ventures how startups can leverage opportunities and resources toward increasing their valuation without necessarily tapping into external funding. This includes building use cases toward establishing strategic partnerships that can improve the optics of…

The development came after the startup is said to be weighing going public with special purpose acquisition company (SPAC) as option.

Locad currently runs seven fulfillment centers: four in the Philippines and one warehouse each in Singapore, Hong Kong, and New South Wales. The company plans to use part of its seed fund to further expand its warehouse network in the Philippines and across the APAC region.