Latest news and trends about tech

CYSummit 2023: Defining our Digital Narrative Together – Connecting Youths-in-Tech to Prepare for Our Digital Future

CYSummit 2023 is a dynamic and engaging movement that brings together young people that have an appetite for growth. As a platform, CYSummit 2023 aims to foster progress by unifying #youth through #mentorships, job skills, knowledge exchange, and #career development.

A Man and a Woman Working for a Delivery Company

Innovation and its importance for the logistics industry: Why logistics players need to stay innovative

This upwards trend in digital users and demand for a holistic end-to-end consumer experience illustrates the need for logistics players to move the needle and implement new technologies and introduce innovative solutions – in this case, to upgrade systems to be more integrated, efficient, and bring convenience to customers.

Kaya Founders raises $12M in first close to support Philippine startup founders to scale-up

Kaya Founders, a Philippines-based venture capital firm, has on Wednesday announced the first close at $12 million in funding across two new funds to back the next generation of tech-enabled, industry-shaping start-ups across Southeast Asia.

The Third Hengqin International Scientific and Technological Innovation and Entrepreneurship Competition Offers RMB 300M Prize Pool

This prestigious competition, organized by the Guangdong-Macao in-Depth Cooperation Zone in Hengqin Economic Development Bureau, presents a lucrative opportunity for participants to showcase their talents and ideas while vying for a substantial prize pool of RMB 300 million.

SUSI Partners closes Southeast Asia Energy Transition Fund at $120M

Swiss infrastructure fund manager SUSI Partners has held a final closing for Southeast Asia Energy Transition Fund (SAETF) at the end of May, bringing total fund commitments to $120 million.

Recharge Capital launches $200M women’s healthcare fund

New York and Singapore-based private investment firm Recharge Capital has on Thursday announced the successful closure of the first tranche of its $200 million Women’s Healthcare Investment Vehicle.

Carro and Jardine Cycle & Carriage ink $60M automotive strategic partnership

Singapore-based used car marketplace Carro and Jardine Cycle & Carriage (JC&C) have announced on Friday a $60 million strategic partnership that aims to redefine the used car and aftersales segments of automotive retailing.

Y Combinator-backed Wed3 startup Poko raises $4.5M funding from prominent investors

Poko (Pokoapp.xyz), a Y Combinator-backed Singapore Web 3 startup, has on Thursday announced the successful completion of its seed round, raising $4.5 million in funding. The round was led by prominent investors from all key regions it focuses on, including Y Combinator, NAZCA, Global Founders Capital, Orange DAO, SOMA Capital and Goodwater Capital.

Tiktok, Bytedance

ByteDance’s TikTok to invest ‘billions’ in Southeast Asia, says CEO

Southeast Asia is one of TikTok’s biggest markets in terms of user numbers.

ADDX names former SGX Senior Managing Director as Chairman

Singapore-based private market exchange ADDX has appointed Chew Sutat, former senior managing director at the Singapore Exchange (SGX), as its chairman.