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Accelerator — 11 Apr 2024

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, […]

Partnership — 6 Mar 2024

PRecious Communications, a multi-market integrated communications agency has announced its continued partnership with Echelon X,  Southeast Asia’s premier tech and startup conference. This marks the seventh consecutive year  of collaboration between the two entities.  As the PR Partner for Echelon X, PRecious Communications will play a role in mentoring select startups participating in the prestigious […]

AI & Big Data — 9 Feb 2024

Microsoft has collaborated with Indian generative AI startup Sarvam AI, aiming to integrate its Indic voice large language model (LLM) into Microsoft’s Azure cloud platform. During CEO Satya Nadella’s recent visit to India, Microsoft announced its support for Sarvam AI.  In December, Sarvam AI, focusing on Indic languages and contexts, secured $41 million in Series […]

Partnership — 5 Dec 2023

ByteDance, the parent company of the popular video service provider TikTok, has agreed to invest in a unit of Indonesia’s GoTo Group and collaborate on an online shopping service with Tokopedia. Despite an informal agreement already in place, the final intricacies of the alliance are subject to ongoing discussions and may undergo adjustments before an […]

Investments — 4 Oct 2023

EdgeCortix, a Japan-based fabless semiconductor development and design company specializing in edge artificial intelligence (AI), announced the successful conclusion of its $20 million funding round. EdgeCortix has also partnered with Renesas Electronics Corporation, a prominent provider of advanced semiconductor solutions.  Leading this financing endeavor were Japan’s venture capital firm, SBI Investment Co. Ltd., and Global […]

Merger — 17 Aug 2023

Singapore-based venture capital firm Jungle Ventures has announced its merger with HealthXCapital, an early-stage VC firm specializing in healthcare investments. The partnership is set to infuse Jungle Ventures with the expertise of the HealthXCapital team, enabling the firm to diversify its investment portfolio and expand its existing healthcare-related investments.  This move is expected to reinforce […]

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