Latest news and trends about tech

Singapore’s Temasek warns of cautious outlook, expects to slow down investment

The state-owned investor has 13 offices in 9 countries around the world: Beijing, Hanoi, Mumbai, Shanghai, Shenzhen and Singapore in Asia; and London, Brussels, New York, San Francisco, Washington DC, Mexico City, and Sao Paulo outside Asia.

The subscription model is here to stay

E-waste is also setting new records with the world generating 53000 kg of e-waste – an average of 7.3 Kg per capita in 2019 and only expected to worsen, increasing by 38 percent globally to 74700 kg in 2030. Those stats are enough for us to start re-thinking the entire model of how we procure, use and recycle tech devices for both consumers and businesses.……

Ex-Grab Founding member raises Seed Round for leading D2C brand aggregator Tjufoo

Tjufoo announced on Wednesday that it has raised seed funding by TNB Aura, a Singapore-based thesis-led, high conviction venture capital firm investing across Southeast Asian companies that are primed for the future and ready to change the very face of their categories.

Vietnam’s VinFast to raise $4B for US manufacturing facility via banks

Vietnamese electric vehicle manufacturer VinFast said Wednesday it has signed international financing agreements with Credit Suisse and Citigroup in order to raise $4 billion capital for the development of its planned manufacturing facility in North Carolina and its business activities in the United States (U.S.) market.

Local Wealthcare® platform Hugosave raises $4M

Singapore-based Wealthcare® and savings app Hugosave announced on Wednesday the successful completion of its $4 million pre-Series A funding round, bringing the total amount of funds raised to $10.5 million.

Animoca Brands raises over $75M to advance vision of open metaverse

Animoca Brands, the Hong Kong-based company advancing digital property rights for gaming and the open metaverse, announced Tuesday that it has completed a capital raise of $75.32 million. Investors in the round included Liberty City Ventures, Kingsway Capital, Alpha Wave Ventures, 10T, SG Spring Limited Partnership Fund, Generation Highway Ltd, Cosmic…

Vleppo, Tokel conduct digital procedure to make NFT rights legally enforceable in the real world

Web3 firms Vleppo and Tokel have successfully conducted a breakthrough digital procedure that will pave the way for the blockchain industry and non-fungible token (NFT) owners to establish and enable their legal rights embodied in the NFTs and digital transactions to be made legally enforceable in the courts of law around the world.

India’s MedTel Healthcare plans to raise $10M Series A funding

MedTel Healthcare, an India-based business to business (B2B) and business to business to consumer (B2B2C) connected care and remote patient monitoring platform, said Tuesday it is planning to raise around $10 million in Series A. Existing investors and leading venture capitals have already expressed interest in the series A fund raise.

SpaceChain completes EVM Blockchain testing in space, expands space applications for Blockchain customers

SpaceChain announced on Tuesday the completion of the testing of the space node it created for Velas Network AG, which is hosted on an LEO satellite and independent of terrestrial networks.

A fraud deterrent with an open data approach: Digital Footprint Analysis

One thing that all criminals know is how important it is to cover your tracks. We’re talking all the way from your lowest-level criminals – say, a kid blaming the dog for the broken window – all the way up to your everyday digital huckster, defrauding companies for thousands at a time.