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2024-11-11 16:06:36

China’s PepperHi secures angel funding led by Wisee Capital to accelerate cross-border expansion & innovation
PepperHi Global Ventures, a China-based venture studio specializing in cross-border innovation and market expansion–acts as a strategic bridge between China and global market, has completed an angel round funding led by Wisee Capital, with participation from TusHoldings Seeds Fund and Kairous Capital. The funds will support the local market access team and operational expansions across...

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2024-11-11 16:16:27

Gobi-Core Unveils “Philippine Horizons” Report, the Future of Filipino Innovation in Asean
Gobi-Core Philippine Fund, the Philippine-focused venture capital fund under Gobi Partners, has just launched its groundbreaking report in partnership with Alibaba Cloud and Eskwelabs, “Philippine Horizons: Filipino Innovation in the ASEAN Landscape.” This report, designed to elevate the conversation on the Philippines’ startup ecosystem, benchmarking it against ASEAN...

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2024-12-05 13:56:55

Grab picks AWS as preferred cloud provider to drive technology innovation and growth
Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced Thursday that Grab, Southeast Asia’s leading superapp, has selected AWS as its preferred cloud provider. The duo said in a statement that with AWS, Grab is pursuing a technology-led strategy to accelerate growth across its mobility, deliveries, and financial services verticals, including its new digibanks, while...

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2024-11-25 02:40:34 5.0

MediSun Energy raises $8.75M seed round with Vynn Capital to drive MENA expansion & advance osmotic energy innovation
MediSun Energy, a Singapore-headquartered company specializing in advanced osmotic (blue) energy technology, has successfully secured $8.75 million in Seed financing round and established a strategic partnership with Southeast Asian venture capital firm Vynn Capital. The funding consists of $5 million in venture debt and $3.75 million in equity financing, bringing the company’s valuation...

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2024-11-11 15:22:28

Singtel’s RE:AI partners Scale AI to drive generative-AI innovation for enterprises across Asia-Pacific
Singtel Digital InfraCo’s artificial intelligence (AI) cloud offering, RE:AI, and Scale AI, who is laying the foundation for AI innovation, have on Thursday announced a strategic partnership to help enterprises accelerate the adoption of generative AI technologies. Through this collaboration, RE:AI and Scale AI will bring state-of-the-art generative AI models and infrastructure...

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2024-12-19 12:20:55

TM, Petronas and Gentari team up to drive digital and sustainable innovation in Malaysia
Malaysian telecommunications firm Telekom Malaysia (TM) has signed memorandum of understanding (MoU) with oil and gas firm Petroliam Nasional Berhad (Petronas) through its digital arm Petronas Digital Sdn Bhd (PDSB), and clean energy arm Gentari Sdn Bhd, to drive growth in digital transformation and sustainable innovation. Under this collaboration, TM and Petronas will explore new revenue...

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2024-11-30 09:13:53

With a Shenzhen hub, HKSTP strengthens Hong Kong’s role as an innovation gateway
HKSTP’s new Shenzhen base aims to streamline the flow of talent and capital across the Greater Bay Area, reinforcing the region’s tech and innovation ecosystem. With robust support from Hong Kong’s extensive international networks and resources, the Hong Kong Science and Technology Park (HKSTP) has spent over two decades incubating 13 unicorns, including SenseTime, SmartMore,...

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2024-11-11 15:57:27

[Discover Vietnam Tech] How Vietnam can better support the tech industry toward innovation and international competitiveness
Editor’s note: Discover Vietnam Tech is a new series where we dive deep into the vibrant and rapidly growing tech and innovation ecosystem of Vietnam. In this collection of interviews and editorials, we will spotlight key players—entrepreneurs, innovators, and thought leaders—who are driving the country’s emergence as a global tech hub. Through candid conversations with...

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2024-12-04 23:33:33

CGS International sees potential downside risks to Malaysia’s technology sector earnings
CGS International said Tuesday that the potential trade and industry policy changes under newly elected US President Trump, headwinds from Malaysian Ringgit’s strengthening against the US dollar, as well as muted demand recovery for consumer electronics, could lead to downside risks to Malaysia’s technology sector earnings. The research house said in a note that President...

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2024-11-25 18:09:58

Chinese VC firm Qiming Venture Partners prepares for leadership change
Longtime managing partner Nisa Leung steps down as Qiming hands the reins to a new leadership trio. After months of speculation, leadership changes at Qiming Venture Partners have been confirmed. Nisa Leung, a managing partner with 18 years at the firm, is stepping down, according to ChinaVenture. This move aligns with Qiming’s “ten-year succession plan,” under which Duane...

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2024-12-15 09:08:03

Deals in brief: B Capital leads Series A investment in Eureka Robotics, Cove attracts new funding, True Global Ventures backs US-based Prezent, and more
Bringing you the latest updates on funding deals and activities in the Asia Pacific. Eureka Robotics raises USD 10.5 million in Series A funding Singapore-based robotics company Eureka Robotics has raised USD 10.5 million in a Series A funding round led by B Capital, with participation from Airbus Ventures, Maruka Corporation, G K Goh Ventures, UTEC, and ATEQ. The funding will...

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2024-12-15 06:11:00

Deals in brief: Fleet Space raises Series D funding to expand platform reach, Citigroup backs Astra Tech with USD 500 million, latest China deals, and more
Bringing you the latest updates on funding deals and activities in the Asia Pacific. Fleet Space raises AUD 150 million to expand ExoSphere’s reach Fleet Space Technologies, an Adelaide-based space exploration company, has raised AUD 150 million (USD 96.2 million) in a Series D funding round led by Teachers’ Venture Growth (TVG). The round included returning investors such as...

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2024-12-05 02:31:02

Geespace’s satellites take center stage at supply chain expo
Geely’s commercial aerospace unit highlights the role of satellite technology in advancing mobility and communication paradigms. From November 26–30, the second China International Supply Chain Expo (CISCE) took place in Beijing. Billed as the world’s first national-level exhibition dedicated to supply chains, the event highlighted a variety of innovative applications. Among...

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2024-12-18 12:00:44

Gotion partners ITRAMAS, UEM Sunrise to develop R&D center in Malaysia’s RE industrial park
Gotion High-Tech, a China-based battery energy storage solutions (BESS) and power battery technology firm, has signed a memorandum of understanding (MoU) with Malaysia-based green technology firm ITRAMAS Corporation and property developer UEM Sunrise Berhad to develop a research and development (R&D) center in Malaysia. UEM Sunrise said in a statement on Wednesday that the R&D center...

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2024-12-15 06:49:37

Honda ramps up EV ambitions with state-of-the-art Wuhan plant
Dongfeng Honda has unveiled a new NEV production facility, marking a key step toward its goal of an all-electric lineup by 2035. Dongfeng Honda has opened its first production plant dedicated to new energy vehicle (NEV) production in Wuhan, now operational and accessible for public tours since early October. This facility marks a significant milestone in Honda’s EV roadmap, boasting an...

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2024-12-06 09:06:44

How precise can CNC machines be?
In the realm of manufacturing and engineering, precision is paramount. The evolution of technology has led to the development of machines capable of achieving unprecedented levels of accuracy and efficiency. Among these, CNC machines (Computer Numerical Control machines) stand out as the epitome of modern precision engineering. This article delves into the basics of CNC machines, explores their...

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2024-11-23 12:41:02

Malaysia’s Theta Edge partners iStream360 to develop AI, blockchain solutions
Malaysia’s information communication and technology (ICT) service provider Theta Edge has teamed up with local data-science company iStream360 to develop, promote, and market transformative artificial intelligence (A.I), blockchain, and advanced system solutions. Theta Edge said in a bourse filing on Thursday that Theta Innovation Sdn Bhd, its wholly-owned subsidiary, has entered into a...

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2024-12-05 00:43:20

Pony.ai’s IPO: A reflection on tech dreams and harsh market realities
Once China’s most valuable autonomous driving startup, Pony.ai’s trajectory from sky-high valuations to post-IPO scrutiny underscores the shifting tides of tech investment. After eight years, Pony.ai, once the most highly valued autonomous driving company in China, finally went public. Pony.ai’s entrepreneurial story began in late 2016, a prime year for autonomous driving....

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