Latest news and trends about tech
Singapore’s Una Brands raises $30M in Pre-Series C Fundraise led by Northstar Group
Una Brands, the Singapore-based multi-channel e-commerce aggregator, has on Wednesday announced an additional $30 million Pre-Series C fundraise led by Northstar Group, a Southeast Asia-based private equity and venture capital fund.
We need to bring those existing ‘sustainability trends’ into action says Kevalin Saksiamkul
Kevalin Saksiamkul is a sustainability advocate who decided to shift his career path after struggling with the conflicts between making money and finding meaning in design. She co-founded CHEWW.CO in 2019 with the intention of exploring the eco-friendly market in Thailand. However, she realized that individual efforts alone cannot bring a significant change…
Grab has liquidity to drive operations, says S&P Global Ratings
The stable rating outlook on Grab reflects S&P Global Ratings' view that the company will maintain sufficient liquidity to tide it through until it reaches positive EBITDA and cash flow by 2025.
Singapore’s DigiFT raises $10.5M in Pre-Series A funding led by Shanda Group
DigiFT, a Singapore-based decentralized digital asset exchange (DEX) for asset-backed tokens (STO), has on Tuesday announced that it has completed a Pre-Series A funding round, securing $10.5 million.
MRANTI, DNB, Ericsson extend MOU to boost technology clusters in MRANTI Park
The Malaysian Research Accelerator for Technology and Innovation (MRANTI), Digital Nasional Berhad (DNB) and Ericsson have on Tuesday announced the extension of their Memorandum of Understanding (MoU) to accelerate the commercialisation of 5G-enabled Science, Technology, Innovation and Economy (STIE) solutions for companies in Malaysia.
Singapore’s Blockchain Founders Fund announces final close of its $75M fund
Singapore-based Blockchain Founders Fund (BFF) has on Monday announced the final close of its Fund II at $75 million. The funding saw participation from key investors, family offices and institutions in the industry including Polygon, Ripple, Octava, NEO Global Capital (NGC), Appworks, Sebastien Borget (Chief Operating Officer of The Sandbox), GSR, LD…
Mitsui & Co. invests in U.S. based healthcare technology company Koios Medical
Mitsui & Co., Ltd. has participated as a lead investor in a Series B round financing of Koios Medical, Inc. (Koios), a U.S.-based healthcare technology and digital medicine company.
SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report
Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.
Tencent sets up team to develop ChatGPT-like chatbot – report
Chinese tech giants such as Baidu and Alibaba Group have already announced plans to launch their own AI chatbots and incorporate the technology into their core businesses.
Japan’s Astroscale raises $76M G round funding from new investors
Astroscale Holdings Inc., the Japan-based firm in satellite servicing and long-term sustainability across all orbits, has closed a Series G round with more than $76 million in funding. The investment were come from new investors Mitsubishi Electric, Yusaku Maezawa, Mitsubishi UFJ Bank, Mitsubishi Corporation, Development Bank of Japan, and FEL Corporation.
