Founded in 2005 by a renowned coalition of innovators, including Dr. Finian Tan, Dr. Khalil Binebine, Dr. Jeffrey Chi, Dr. Damian Tan, Linda Li, and Raymond Kong, Vickers Venture Partners has firmly established its presence and influence in the global venture capital space. Renowned for its successful investments in companies like Baidu.com, Inc., Focus Media […]

VentureTECH SBI and VentureTECH have jointly invested 10 million Malaysian ringgit ($2.4 million) in Bayo Pay, a licensed Mastercard Non-Bank E-Money Issuer. The funding round, led by VentureTECH SBI, aims to accelerate the growth of Bayo Pay’s core business and bolster its B2B2X white label Digital Payment-as-a-Service solutions, supporting the rise of fintech startups in […]

City University of Hong Kong has announced the launch of the HK Tech 300 Southeast Asia Start-up Competition in Kuala Lumpur, extending its successful HK Tech 300 initiative to Southeast Asia. The competition is aimed at fostering innovation and technology development in the region and supporting start-ups. The HK Tech 300 initiative is a large-scale […]

Malaysian renovation and interior design marketplace, HOMA Sdn Bhd (HOMA2U), announced today that it has secured $875,000 in pre-Series A funding. The investment round was led by Quest Ventures Asia Fund II, an early-stage venture capital fund managed by Singapore-based Quest Ventures Pte Ltd. Additional investors include Worldwide Management Solutions and Qhazanah Sabah Berhad (QSB), […]

Indonesia’s leading e-commerce company Bukalapak has acquired a majority stake in Southeast Asia’s leading price comparison platform, iPrice. The move allows iPrice to accelerate its growth by leveraging the synergies between the two groups. In recent years, Bukalapak has shifted its focus from competing head-to-head with other marketplaces to building or acquiring niche marketplaces and […]

Kairous Capital, a venture capital firm headquartered in Malaysia, has signed two Memoranda of Understanding (MoU) with Digital Way Group and China Silk Road Group to establish the Malaysia-China Digital Cooperation Council (MCDCC) and the Malaysia-China Digital Cooperation & Development Fund. The MCDCC aims to promote long-term collaboration between Malaysian and Chinese companies in technology […]

Malaysia’s private equity and venture capital funding saw a significant increase in 2022, according to a report released by the Securities Commission Malaysia. The report showed an 8.43% increase in funding to $3.64 billion (MYR16.08 billion) in 2022, compared to $3.35 billion (MYR14.83 billion) in 2021. The total committed funds in the industry were $2.42 […]

Durioo+, Malaysia’s Islamic-themed streaming service provider, has announced raising $2.85 million in seed funding. The additional capital will allow Durioo+ to pursue its plan to amass a broader viewership base in the US, United Kingdom, Middle East and North Africa (MENA), Indonesia, Europe and other South Asian countries in the next five years, according to […]

Animoca Brands’ gaming subsidiary The Sandbox has announced its acquisition of Sviper GmbH, a German game development studio that is known for its creative excellence in working with major brand partners and its senior-level talent. Sviper’s acquisition is set to add development, engineering, and creative talent to The Sandbox’s global team. Their collaboration is also […]

Malaysia-based marketing technology startup Involve Asia has announced raising $10 million in an investment round led by Bintang Capital Partners. The investment was made through Bintang’s maiden fund, BCP Asia Fund I, according to the announcement. Orbit Capital Malaysia, 500 Global, and Monumental Productions also participated in the funding round. The fresh funding will be […]