Latest news and trends about tech
Singapore’s Willowmore secures Series A+ funding from SEEDS Capital, Oriza Greenwillow Technology Fund
Willowmore Pte Ltd, a Singapore-based smart access, internet of things (IoT) and analytics technology company, has on Thursday announced the successful completion of its Series A+ funding round. The funding round was led by Oriza Greenwillow Technology Fund, a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, and Oriza Holdings.
GetGo raises $15M investment from Treïs to accelerate shared and sustainable mobility
GetGo Technologies (GetGo), a Singapore-based carsharing platform, has on Thursday announced a SGD20 million ($14.98 million) investment from Treïs, a family-backed investment group.
3 Ways to better manage and protect data in a hybrid data center
Deploying and supporting hybrid data centers presents several management challenges. While they enable companies to store and shift workloads as needed more efficiently and gain better control of sensitive data, hybrid environments add complexity to managing servers, storage, networks, and software throughout the IT infrastructure.
AIA Singapore partners WhiteCoat to launch digital mental health solution
AIA Singapore (AIA), the leading life insurer in employee benefits, and WhiteCoat Holdings Pte. Ltd. (WhiteCoat), Southeast Asia's leading digital health company, have partnered to provide end-to-end digital mental healthcare solutions covering mental wellbeing through to mental health therapy.
SFC consults on proposals to regulate virtual asset trading platforms
The Securities and Futures Commission (SFC) has on Monday launched a consultation on the proposed requirements for operators of virtual asset trading platforms. Under a new licensing regime to take effect on June 1, 2023, all centralised virtual asset trading platforms carrying on business in Hong Kong or actively marketing to Hong Kong investors will need…
CapitaLand Investment establishes China Data Centre Development Fund with $750M investments
Singaporean investment firm CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP). CDCP has committed to invest in two hyperscale data centre development projects in Greater Beijing, and upon completion of the projects, will add approximately S$1 billion ($750 million) to…
Malaysia’s Involve Asia raises over $10M in funding round led by Bintang Capital Partners
Bintang Capital Partners Berhad (Bintang) has announced its second investment under its maiden fund, BCP Asia Fund I L.P., into Involve Asia Technologies Sdn. Bhd. The $10 million investment round of Involve Asia was led by Bintang, and supported by co-investors Orbit Capital Malaysia, 500 Global, and Monumental Productions.
Singapore and India launch real-time payments
The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI).
Cybersecurity trends: What will move software security forward in the coming year?
While compliance and certification will remain foundational indicators of security, they will be combined with additional external artifacts such as blogs, research, and papers. The quality and operational excellence of internal security teams will become even more of a market differentiator for companies and increasingly factor into brand and partnership…
Fitch Solutions sees Malaysia’s EV sales to reach 1 percent of total vehicle sales by 2024
Fitch Solutions has on Monday anticipated that passenger electric vehicle (EV) sales in Malaysia will expand in 2023, albeit from a low base, as a result of the implementation of incentives to encourage adoption.
