Asian Development Bank
Malaysia’s 3cat raises $4M Series A for Philippines expansion
Malaysia-based pre-owned electronics platform 3cat has raised a $4 million Series A led by Foxmont Capital Partners, with participation from the Asian Development Bank and Golden Gate Ventures, as it prepares to enter the Philippines.
Canadia Impact Fund invests in Cambodian AI startup Newwave
Canadia Impact Fund has invested in Cambodian AI and software startup Newwave’s seed round, its second disclosed startup deal since launching in 2025.
Philippines unveils $34.4B AI infrastructure masterplan targeting 1.5GW by 2033
The Philippines has finalized a $34.4 billion AI infrastructure roadmap targeting 1.5GW of AI data-center capacity by 2033, up from about 50MW today.
Why grid readiness is becoming Southeast Asia’s next tech constraint
Southeast Asia’s digital economy is entering a more electricity-intensive phase. Grid readiness is now shaping how quickly AI infrastructure, data centers, EV supply chains, and green industrial parks can move from announcement to deployment.
ADB leads $135M climate financing package to support electric mobility in Vietnam
The Asian Development Bank (ADB) mobilized a $135 million climate financing package for VinFast Trading and Production Joint Stock Company (VinFast) for manufacturing Vietnam’s first fully-electric public transport bus fleet and first national electric vehicle (EV) charging network.
ADB Ventures invest in FinTech firm Fairbanc for Indonesia expansion
Fairbanc's proprietary data science and machine learning platform leverages supply-chain data of FMCG distributor partners which allows financial institutions to assess credit risk and extend working capital to MSMEs with limited credit history and collaterals, according to the disclosure.
