Latest news and trends about tech
South Korea’s KakaoBank acquires 10 percent stake in Indonesia’s Superbank
South Korean digital bank KakaoBank and Indonesian lender Superbank have announced a strategic partnership to drive digital banking innovation in Indonesia. In this strategic partnership, KakaoBank will acquire a 10 percent stake in Superbank through the issuance of new shares.
Report: Southeast Asia consumer confidence on track for rebound as value-seekers embrace new “needs”
Southeast Asia consumer confidence on track for rebound as value-seekers embrace new “needs”, according to a report launched by Meta, Bain & Company, DSG Consumer Partners on Tuesday.
X-PITCH 2023 Announces Global TOP100 Startups: Accelerating Deeptech
X-PITCH is delighted to introduce 2023 TOP100 startups. Chosen from a pool of over 3,000 startups around the world, this year's selection showcases a diverse and vibrant ecosystem of entrepreneurial talent. X-PITCH 2023 is driven by a shared commitment to accelerate deeptech innovation across four vital domains: Healthcare, Advanced Manufacturing,…
Singapore’s Circular closes $7.6M in seed funding led by AirTree Ventures
Circular, a Y Combinator-backed Singaporean subscription service focused on high end consumer electronics, has closed its seed funding round of $7.6 million. Led by AirTree Ventures, the funding round also saw participation from investors at YC Continuity Fund, Global Founders Capital, Partech Ventures and January Capital.
PATRIZIA and Mitsui commit $45M to Australian renewables firm YES Group
Germany-based investment manager PATRIZIA and Japan's trading an investment firm Mitsui have committed to invest up to AUD 70 million ($44.53 million) in a major solar and battery development program in Australia through the Asia Pacific (APAC) Sustainable Infrastructure Fund (A-SIF).
AI in clinical trials: A game-changer with automation and machine learning
The integration of #AI into clinical trials represents a seismic shift in healthcare innovation. AI's boundless potential spans from precision in patient selection to #data management, protocol optimization, patient engagement, and regulatory compliance.
Malaysia launches new funds to drive automation, digitalization, and sustainable ESG practices
The Malaysian Investment Development Authority (MIDA) has on Monday announced the launch of new funding facilitation initiatives aimed at catalyzing Malaysia’s industrial growth and fostering economic development. These initiatives include the Domestic Investment Accelerator Fund (DIAF), the MADANI Smart Automation Grant (SAG MADANI) and the Foreign…
This Malaysian startup aims to address ‘screen time crisis’ among kids
Carrots&Cake is a parental control learning app, focusing on the science behind how kids interact with tech in order to try and change their behavior and build healthy habits.
1982 Ventures expands regional team with key ecosystem and platform hire
1982 Ventures, the early stage venture capital firm focused on fintech and tech infrastructure in Southeast Asia, has announced the key hire of Amiyandra Suratman as Regional Venture Capital Ecosystem and Platform Lead based in Jakarta, Indonesia. Her responsibilities will be to support the fund with strategic stakeholder relations including portfolio…
MRANTI appoints Rais Hussin Mohamed Ariff as new Chief Executive Officer
The Malaysian Research Accelerator for Technology and Innovation (MRANTI) Board of Director (BoD) has announced the appointment of Dr. Rais Hussin Mohamed Ariff as its new Chief Executive Officer (CEO). Rais will take over from the current Acting Chief Executive Officer and Chief Commercial Officer Khairil Anuar Sadat, effective 9 October 2023.
