AsiaTechDaily proudly presented its latest subscriber-exclusive online event, the Innovation Exchange Program, on 22nd April. This event proved to be a platform for insightful discussions and transformative ideas, bringing together a select audience of subscribers from around the world. Dr. Daniel Swan, AsiaTechDaily’s Investor of the Month, was at the center of attention, and he […]

Rio Tinto, a prominent Australian mining company, has partnered strategically with Founders Factory, a renowned global venture studio and startup investor. This collaboration aims to support the development and commercialization of technologies in the mining sector, aligning with Rio Tinto’s mission to innovate and meet the world’s growing demand for essential materials. Under this partnership, […]

For startups, the journey of running a business is a rollercoaster of exhilarating highs and daunting challenges, particularly when it comes to managing funds and steering towards profitability.  In this journey to bring innovative ideas to life, investors play an indispensable role, providing not just financial support, but also invaluable guidance and mentorship.  At AsiaTechDaily, […]

Singapore-based InterContinental Energy has secured $115 million in equity investment to advance its mission of scaling up green hydrogen production. The funding comes from two investors: GIC, a global institutional investor, and Hy24, recognized as the world’s largest clean hydrogen pureplay investor. This infusion of capital is projected to accelerate further the company’s efforts to […]

Singapore’s Hydroleap, a green wastewater technology company, has raised $4.4 million in its Series A funding round. The funding was led by Real Tech Holdings, a prominent Japanese Venture Capital firm, with the participation of corporate investors, including Mitsubishi Electric, Seeds Capital, Wavemaker Partners, New Keynes Investments, and the State Government of Victoria in Australia. […]

Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. The acquisition will support businesses throughout the region in enhancing their innovation capabilities and successfully launching and expanding new ventures. The specific terms and details of the deal […]

Exceeding its target, HEAL Partners (HEAL) closed Fund I with $143 million in commitments. The amount was double the investment that HEAL expected to receive in the funding round that was immediately followed by Fund II that hopes to raise $350–500 million. “Achieving double our initial fundraising target with our first fund is a testament […]

A global platform connecting customers to multiple identity verification and fraud detection vendors via one API has raised another $15.5 million in its latest funding round. FrankieOne announced that it earned $15.5 million from Series A+ round that was participated by investors like AirTree Ventures, Greycroft, an investor in Bumble, HuffPost, and Venmo; Reinventure, Westpac’s […]

Black Nova, Australia’s newest venture capital fund, announced a $10-million close of its first fund, with the potential to raise the amount to $20 million by the end of the year. The fund will invest in early and growth-stage companies at the pre-Seed, Seed, and Series A stage, according to the announcement. Black Nova will […]

Employment Hero, an Australian all-in-one HR, payroll, and benefits platform, is accelerating its expansion efforts into Southeast Asian markets after it raised S$140 million (about $102 million) in a Series E funding round. The startup said the latest funding round was led by US-based Insight Partners, a global venture capital and private equity firm supporting […]