Malaysia-based SPAC Kairous Acquisition starts trading on NASDAQ
Kairous Acquisition Corp Ltd, an Asia-focused special purpose acquisition company (SPAC) led by the founder of Malaysia-based Kairous Capital, has started trading on Nasdaq on Wednesday, under the symbol "KACLU".
"Today's listing signifies our commitment to live by our tagline, being the cross-border partner to great founders and helping them to build exceptional & long-lasting…
Year of the Tiger: Future of work in an ESG world will require a new physical-digital mix
The year of the Tiger should symbolize strength, determination, as well as revival, and reconnecting with networks and people. But will businesses be ready to capitalize on this auspicious promise?
The COVID-19 crisis has accelerated the adoption of trends once deemed as the longer-term future of work. According to McKinsey, investments in digital and automation transformations, considered too…
Amazon Web Services launches Indonesia cloud region, to invest $5B in the region over next 15 years
Amazon Web Services (AWS), an Amazon.com, Inc. company, has launched the AWS Asia Pacific (Jakarta) Region, and is planning to invest an estimated $5 billion in the region over the next 15 years.
AWS said in a statement that the investment includes capital expenditures on the construction of data centers, operational expenses related to ongoing utilities and facility costs, and purchases of…
Brands have ‘one shot to impress’ with digital services or risk losing customers, says AppDynamics’ Joe Byrne [Q&A]
The pandemic has driven digitalizaton across industries, which has accelerated during the past 18 months. This is expected to continue in the post-pandemic environment. According to Joe Byrne, Vice President of Technology Strategy and Executive CTO at AppDynamics, "the majority of consumers will continue to rely on digital services even beyond COVID-19."
In a TechNode Global Q&A, Byrne…
Singapore live commerce enabler Upmesh raises $7.5M Pre-Series A funding led by Monk’s Hill Ventures
Upmesh, a Singapore-based live commerce enabler and community building platform, has raised a new round of Pre-Series A funding of $7.5 million led by Monk's Hill Ventures.
The new round of funding which comes two months after initial seed round, will be used to expand Upmesh’s regional presence in Southeast Asia and launch new products including a mobile version of its product, Upmesh said…
Smart Manufacturing: How industry 4.0 is shaping the future of manufacturing in Germany and China [BEYOND Virtual Panel recap]
Germany and China are two of the world’s powerhouses when it comes to manufacturing. They, however, have contrasting renown. They also play crucial roles in leading the way for smart manufacturing particularly the development of industry 4.0. Startups and established entrepreneurs alike have a lot to learn from the manufacturing advancements in these two giant economies.
This Beyond…
Philippine neobank Tonik secures $100M in consumer deposits
Tonik, the Philippines' first digital-only neobank, has surpassed PHP5 billion ($100 million) in consumer deposits, just eight months after its launch of commercial operations. Tonik had secured its first PHP1 billion in consumer deposits within a month of going live in March.
Tonik’s deposit achievement was supported by unique, accessible, flexible, and inclusive products, including…
Beyond The Billion partner funds invested over $600M in close to 800 female-founded startups in 2 years
Beyond The Billion, whose first pledge campaign (The Billion Dollar Fund for Women launched in 2018) mobilized a global consortium of venture capital funds (VC) and limited partner (LP) investors, has released Our First Billion Global Impact Report, which assesses the results of that two-year campaign.
The Billion Dollar Fund for Women (TBDF) aimed to address the gender venture funding gap,…
Thai proptech firm Lazudi raises $2M funding from Swedish venture capital firm PropTech Farm
Lazudi, a Thai cloud-based property agency, said Wednesday it has raised $2 million funding from Swedish venture capital company PropTech Farm.
Lazudi said in a statement the cash injection provides the firm with the capital it needs to deploy the technology to simplify the home buying and selling process, which comes at the right time as Thailand’s property market gets ready for growth…
Hong Kong logistics startup Pickupp raises $37M Series B funding led by Jardine Matheso
Hong Kong-based logistics startup Pickupp announced Wednesday it has raised another $37 million in Series B funding led by Hong Kong conglomerate Jardine Matheson.
Existing investors including Reefknot Investments, Cathay Venture Inc., PChome Online Inc., DRIVE Catalyst, and Swire Properties also joined the round, Pickupp said in a statement.
This third round of funding follows its initial…