Ideaspace Ventures Backs Five Startups in 2024, Expands Support for Local Innovation
Ideaspace Ventures, the startup accelerator division of the MVP Group of Companies, has announced the inclusion of five new startups...
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Meta Launches AI Accelerator Program in Singapore to Empower APAC startups
Meta, the parent company of Facebook, has unveiled plans to launch an AI accelerator program in Singapore to support 100...
Digital Takaful Innovator Ouch! Raises US$1.16 Million and Expands Regulatory Sandbox Operations
Ouch!, Malaysia's digital takaful operator has successfully raised RM5 million (approximately US$1.16 million) in a recent funding round led by...
AI Startup Clout Kitchen Raises $4.45M to Expand Game Companion Apps
Clout Kitchen, a consumer AI startup in Los Angeles and Manila, raised $4.45 million in a seed funding round. The...
Peak XV Partners Scales Back: $465 Million Reduction in Fund Size Amid Market Shifts
Peak XV Partners, previously part of Sequoia Capital, has scaled back its $2.85 billion India and Southeast Asia fund by...
Indonesia’s Broom Secures US$25 M in Series A+ Funding Round
Broom, an Indonesia-based automotive startup focused on the used car market, has raised US$25 million in a Series A+ funding...
Rachel Lau on Venture Debt at AsiaTechDaily’s Innovation Exchange Program
On September 30, 2024, AsiaTechDaily successfully hosted its highly anticipated Innovation Exchange Program, featuring Rachel Lau, the Founder and Managing...
ThinKuvate’s India Fund Makes Strategic First Close, Backs High-Growth Startups
Singapore-based angel investment platform ThinKuvate has revealed the successful first close of its inaugural India fund, achieved within just four...
TNB Aura to Invest $30 Million in Philippine Startups Over Three Years
Southeast Asia-focused venture capital firm TNB Aura plans to invest around $30 million in startups in the Philippines over the...
Investing in the Future: Malaysia’s Strategic Shift Towards AI and Data Technology
Prime Minister Datuk Seri Anwar Ibrahim said Malaysia will prioritize foreign direct investments in sectors such as artificial intelligence (AI)...