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Behind the scenes of Synagistics’ historic de-SPAC listingWhen Synagistics decided to pursue a Hong Kong de-SPAC transaction, it marked a historic milestone not only for the company but for the city’s de-SPAC regime. As the first de-SPAC there, Synagistics’ listing offers valuable insights for startups considering a similar journey and underscores the uniqueness of Hong Kong’s de-SPAC framework. For Synagistics, its de-SPAC last...0 Comments 0 Shares 9K Views 0 Reviews
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Digital Penang, MBAN launch Angel Investment Accelerator to strengthen Penang’s startup ecosystemDigital Penang, in collaboration with the Malaysian Business Angel Network (MBAN), announced last Thursday the launch of the Angel Investment Accelerator Program, an initiative designed to nurture a new generation of angel investors while bridging the critical funding gap for early-stage startups in Penang. Digital Penang said in a statement that the launch marks the beginning of a three-month...0 Comments 0 Shares 2K Views 0 Reviews
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Grab prices upsized $1.5B convertible notes offeringGrab Holdings Limited announced Wednesday the pricing of an upsized offering of $1.5 billion aggregate principal amount of zero coupon convertible senior notes due 2030. The firm said in a statement that offering was upsized from the previously announced offering of $1.25 billion aggregate principal amount of convertible senior notes due 2030. Grab intends to use the net proceeds from the...0 Comments 0 Shares 6K Views 0 Reviews
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Hong Kong’s RedotPay secures $40M in Series A funding round led by LightspeedRedotPay, a crypto payment platform based in Hong Kong, has announced the successful close of a $40 million Series A funding round led by Lightspeed following their commitment in December 2024. RedotPay said in a statement on Monday that the round also saw significant investments from HSG and Galaxy Ventures. It also saw participation from DST Global Partners, Accel, Vertex Ventures...0 Comments 0 Shares 11K Views 0 Reviews
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Malaysia’s deeptech startup Nvsion raises seed funding from Cambrian FundNvsion, a Malaysia-based deeptech startup, announced last Friday it has successfully completed a “multi-million ringgit seed round” with Cambrian Fund as its sole investor. The firm said in a statement that the funding will be deployed to accelerate Nvsion’s growth across several key areas, including advancing its product development and rollout, recruiting top-tier talent,...0 Comments 0 Shares 977 Views 0 Reviews
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Malaysia’s Krenovator secures seed funding to enhance AI-powered tech talent platformKrenovator Technology Sdn. Bhd., a Malaysia-based artificial intelligence (AI)-powered tech talent platform, announced Monday that it has secured seed funding from Ignite Asia, a venture capital and private equity principals firm in Singapore and Malaysia. The amount of the funding remains undisclosed, and the round was officially closed in early 2025, Krenovator said in a statement. The...0 Comments 0 Shares 7K Views 0 Reviews
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Malaysia’s Payd secures $400,000 seed extension funding from A2D Ventures, Orbit Startups, AngelSparkPayd, a Malaysian fintech company specializing in earned wage access (EWA) solutions, has successfully raised a $400,000 seed extension round from A2D Ventures, Orbit Startups, and AngelSpark. This investment will accelerate Payd’s mission to enhance the financial well-being of employees across Southeast Asia, Payd said in a statement on Monday. Payd is a financial well-being platform...0 Comments 0 Shares 10K Views 0 Reviews
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SEA tech firms funding falls 7 percent to $2.6B in first nine months of 2025 – TracxnA total of $2.6 billion was raised Southeast Asia’s tech firms in the first nine months of 2025, a drop of 7 percent as compared to $2.8 billion raised in 9M 2024, and a drop of 58 percent compared to $6.2 billion raised in 9M 2023, Tracxn said Tuesday. The firm said in a statement that the sharp contraction highlights a continued cooling of the funding environment across the region....0 Comments 0 Shares 1K Views 0 Reviews
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Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round. CrediLinq said in a statement the round was led by OM/VC and MS&AD Ventures. New investors include Citi North America and Rustem Family office, while returning investors include...0 Comments 0 Shares 7K Views 0 Reviews
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Singapore’s Elev8 Venture Partners leads $50M funding round in smallcaseSmallcase, India’s largest model portfolios platform, has raised $50 million in its Series D funding round with a mix of primary and secondary led by Singapore’s Elev8 Venture Partners. Smallcase said in a statement on last Friday the round also saw participation from new and existing investors including State Street Global Advisors, Niveshaay AIF, Faering Capital and Arkam...0 Comments 0 Shares 8K Views 0 Reviews
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Singapore’s fileAI raises $14M in Series A funding led by Illuminate Financial, Antler Elevate, Insignia, Heinemann and othersFileAI, a Singapore-based enterprise artificial intelligence (AI) startup, has on Monday announced it has raised $14 million Series A funding. This round, led by returning enterprise solution investors Illuminate Financial, Antler Elevate, Insignia, Heinemann Group and others, brings the company’s total funds raised to just over $20 million, fileAI said in a statement. According to the...0 Comments 0 Shares 10K Views 0 Reviews
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