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Author: Deal Street Asia Online News
SEA Digest: Net Zero-X launches in SG; Packworks raises govt funding
Net Zero-X has launched its flagship project in Singapore, while Packworks has received $60,000 from the government. Net Zero-X launches flagship project Net Zero-X, a new blockchain exchange for impact investors, has launched in Singapore, per a report in e27. The exchange aims to tackle the significant financing gap impeding the global transition to a… Continue reading SEA Digest: Net Zero-X launches in SG; Packworks raises govt funding
Hedge funds turn to South Korea for next wave in AI
Hedge funds hunting for artificial intelligence-related stock market bargains are rushing into South Korea’s chipmakers, betting a new wave of demand for high-end memory chips and government spending makes them more valuable. Britain’s Man Group, Singapore’s FengHe Fund Management and Hong Kong’s CloudAlpha Capital Management and East Eagle Asset Management are among the hedge funds… Continue reading Hedge funds turn to South Korea for next wave in AI
Singapore’s B Capital in the market to raise three new funds, show filings
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Asia Digest: SG-based Nica.eco, S Korea’s Beeble AI raise funds
Climatetech startup Nika.eco and South Korean VFX firm Beeble AI have secured seed funding. Silverstrand Capital leads Nica.eco’s seed round Nika.eco, a Singapore-based startup that uses AI to track forest carbon, has raised an undisclosed amount of funding in its seed round, according to an announcement. The oversubscribed round was anchored by Singapore-headquartered impact investor… Continue reading Asia Digest: SG-based Nica.eco, S Korea’s Beeble AI raise funds
Chinese deeptech VC firm Glory Ventures in the market to raise third USD fund
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Vietnam removes foreign ownership caps in data centresAmazon Web Services and Singapore’s Keppel are looking to invest in data servers in the country.
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SE Asia Deal Review: Startup fundraising falls 11% in June as investors sign smaller cheques
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Two Singapore VCs raising new funds to invest in SE Asia’s early-stage startups
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PH Digest: B2B platform Packworks secures research funding; DOST to fund solar PV, clean fuel projects
The Philippine Department of Science and Technology has invested in B2B platform Packworks for its research efforts. It also partners with the Department of Energy to fund projects related to solar PV and eco-friendly fuel. B2B platform Packworks secures research funding Packworks, a Philippine-based B2B platform backed by private equity major CVC Capital Partners, has… Continue reading PH Digest: B2B platform Packworks secures research funding; DOST to fund solar PV, clean fuel projects