Latest news and trends about tech
Pakistan’s Truckistan Technologies secures $1M initial funding
Truckistan Technologies, the Pakistan-based tech-enabled less-than-truckload (LTL) company, has on Tuesday announced its successful seed fundraising round. The final amount is nearly $1 million with some late-stage participants yet to finalize their commitments.
HSBC provides $1B financing to support early-stage climate tech companies
HSBC has on Wednesday announced that it plans to make available $1 billion of financing to early-stage climate tech companies around the world. The financing is expected to support start-ups to create a range of new solutions, including electric vehicle (EV) charging, battery storage, sustainable food and agriculture, and carbon removal technologies.
Revolutionizing the Philippines’ food industry: Unleashing innovation and technology
Amidst challenges, technology emerges as a beacon of hope. Inaccessible infrastructure and logistics impede the seamless movement of food from farms to tables. While arable land is abundant, productivity lags behind due to a lack of technological access and innovation. Part of the solution lies in democratizing technology, making it accessible and…
India’s Atlys raises $12M in Series A funding led by Peak XV Partners, Elevation Capital
Indian online visa application platform Atlys has raised $12 million in a Series A round led by Peak XV Partners (formerly Sequoia Capital India) and Elevation Capital. The round also saw participation from existing investors Andreessen Horowitz (a16z), Musical Duo Chainsmokers, South Park Commons, Pinterest Founders and other investors.
Indonesia’s Bank Mandiri collaborates with fisheries startup FishLog to support MSMEs
Bank Mandiri is collaborating with the fisheries startup FishLog to support MSMEs.
Singapore’s bolttech raises $50M in Series B round led by LeapFrog Investments
Singapore-based insurtech bolttech has raised $50 million in Series B round led by impact investment firm LeapFrog Investments. The investment adds to bolttech’s recent Series B funding round, now totalling $246 million, the largest ever Series B round for an insurtech.
UnaFinancial: share of fintech in the GDP of Singapore will reach 3.56 percent in 2027
Analysts of UnaFinancial has projected that share of fintech in the gross domestic product (GDP) of Singapore will reach 3.56 percent in 2027. In 2022, 0.32 percent of Southeast Asia (SEA)’s GDP consisted of venture and other investments in the fintech industry. By 2027, this share is projected to reach 1.65 percent, growing five times.
Japan’s Terra Drone expands to precision agriculture sector after acquiring Avirtech
Terra Drone Corporation, a drone and Urban Air Mobility (UAM) technology provider based in Japan, has expanded into the precision agriculture sector by acquiring the business of Avirtech, a startup providing agricultural drone spraying and mapping service in Southeast Asia.
Malaysia government to organize a startup convention in the near future – report
It was reported that the government plans to make Kuala Lumpur a regional hub for startup companies and the digital industry to attract investments and digital talents, with the goal of positioning Malaysia among the top 20 countries in the global startup ecosystem by 2030, the report added.
Insignia AI Notes #9: Enabling the autonomous AI agent workflow with AgentOps
The advent of Autonomous AI Agents is opening doors to countless opportunities, but it’s the underlying infrastructure and subsectors like #AgentOps that are laying the groundwork for sustainable growth and innovation. By understanding how these autonomous agents operate, and by dissecting the emerging subsectors, businesses and developers can better…
