Mekari Acquires Desty to Boost Omnichannel Commerce Capabilities
Indonesia’s Software-as-a-Service (SaaS) provider Mekari has acquired Desty, an omnichannel commerce platform that supports thousands of merchants in handling sales...
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PAC Review Spurs Khazanah to Sharpen Venture Capital Approach After FashionValet Loss
Malaysia’s sovereign wealth fund, Khazanah Nasional Bhd, has acknowledged lessons from its unsuccessful investment in e-commerce firm FashionValet Sdn Bhd,...
Robocore Raises $30M from Foxconn to Scale Global Service Robots
Foxconn Technology Group, a global electronics contract manufacturer, has made a US$30 million investment in Hong Kong’s Robocore Technology. The...
Bean-Free Coffee Startup Prefer Nets $4.2M in Pre-Series A Funding
Singaporean food tech company Prefer has raised an oversubscribed US$4.2 million in its pre-Series A funding round, led by Chancery...
Sunway iLabs Partners with Cradle to Nurture High-Impact Deep Tech Startups
Sunway iLabs, the innovation division of Sunway Group, has joined forces with Cradle Fund Sdn Bhd to introduce the Startup...
FuriosaAI Secures $125M Series C to Scale Energy-Efficient AI Chips
FuriosaAI, a South Korean startup specializing in AI semiconductor design, has raised $125 million (approximately 173.6 billion won) in its...
Stablecoin Platform KUN Closes Series A Round, Eyes Global Expansion
KUN, a Hong Kong-based stablecoin payments and embedded finance platform, has closed its oversubscribed Series A funding round. The company...
Malaysia’s Hartamodal Invests in Connect & Heal to Support Healthtech Expansion
Hartamodal Sdn Bhd, a Malaysian VC firm, has made its debut investment under the RM70 million Dana Impian fund by...
East Ventures Backs Sxored to Tackle Lending Inefficiencies in Southeast Asia
Sxored, an Indonesia-based startup specializing in smart document processing and AI-driven credit analysis, has raised an undisclosed amount of funding...
Alibaba Cloud Backs BetterYeah in $13.8M Series B for AI Agent Expansion
BetterYeah, a Hangzhou-based enterprise AI development platform, has raised over 100 million yuan (approximately US$13.8 million) in a Series B...
China’s Galbot Secures $153M, Launches Humanoid Robotics JV with Boyuan Capital
Beijing-based humanoid robotics startup Galbot has formed a joint venture with Boyuan Capital, the market-oriented investment platform under the Bosch...
US VC Firm Eight Roads to Sell Stakes in 40 Chinese Tech Firms
Eight Roads, a US venture capital firm backed by Fidelity Investments, is preparing to sell its stakes in around 40...
Truely Raises $2M to Expand eSIM Services Across Asia and Beyond
Singapore travel tech startup Truely has raised US$2 million in new funding to scale its eSIM offerings. The round was...
Mitsubishi Launches $700M Venture Arm to Back Startups
Mitsubishi Corporation has introduced a new corporate venture capital division, MC Global Innovation Inc. (MCGI), to enhance its engagement with...
Outset Ventures Closes NZ$41.5M Fund to Boost New Zealand’s Deep Tech Startups
Auckland-based venture capital firm Outset Ventures has closed its second fund at NZ$41.5 million (US$25.5 million), surpassing its initial target...
Malaysia’s BrioHR Raises USD 6.5M to Expand AI-Powered HR Solutions in Singapore
BrioHR, a Malaysia-based HR technology startup with a growing presence in Singapore, has raised USD 6.5 million (RM30 million) in...