On Wednesday, South Korea’s Ministry of SMEs and Startups unveiled a startup fund to strengthen venture investments. The initiative, named the Startup Korea Fund, emerged from a collaboration between the government and various entities such as large corporations, financial institutions, and small to medium-sized enterprises. The ministry plans to attract private capital into the venture […]

AsiaTechDaily proudly presented its latest subscriber-exclusive online event, the Innovation Exchange Program, on 22nd April. This event proved to be a platform for insightful discussions and transformative ideas, bringing together a select audience of subscribers from around the world. Dr. Daniel Swan, AsiaTechDaily’s Investor of the Month, was at the center of attention, and he […]

MYStartup, a national initiative backed by Malaysia’s Ministry of Science, Technology, and Innovation (MOSTI) and developed by Cradle Fund, has partnered with NEXEA, a venture capital and startup accelerator firm, to launch its third accelerator program. A total of 25 tech startups have been selected for this program from a pool of 60 applications representing […]

Xsolla, a global player in video game commerce, has partnered with Curine Ventures to establish the Xsolla Curine Academy (XCA) in Kuala Lumpur. The academy, facilitated by Malaysia Digital Economy Corporation (MDEC), aims to foster local talent within the gaming industry. Scheduled to open on April 18 at KL Eco City, this collaboration will support […]

Mosti is set to introduce the Single Window Initiative, a program that helps Malaysia’s startup ecosystem by simplifying procedures and consolidating resources within a unified platform. Minister Chang Lih Kang recently highlighted the initiative’s goal to eliminate bureaucratic obstacles, streamline approval processes, and empower entrepreneurs to navigate the startup landscape more efficiently. Minister of Economy […]

Malaysia Economy Minister Rafizi Ramli has announced the upcoming launch of the Kuala Lumpur 20 (KL20) blueprint, scheduled for April 22 and 23 at the Kuala Lumpur Convention Centre. The event will primarily focus on startups, aiming to bring together various stakeholders in the startup ecosystem, including investors, developers, and company owners. The KL20 Summit […]

HSBC has unveiled plans to establish a $1 billion ASEAN Growth Fund to provide lending to companies expanding through digital platforms across Southeast Asia. The bank’s recognition of Southeast Asia’s rapidly growing digital economy is forecasted to reach $600 billion by the end of the decade, a leap from $218 billion in value last year. […]

The Hong Kong Science and Technology Parks Corporation (HKSTP) has announced the selection of the top 74 startups from a pool of over 600 contenders for its eighth annual Elevator Pitch Competition 2024 (EPiC 2024) Grand Finale, which will take place in Hong Kong on April 26, 2024.  These semi-finalists emerged from the inaugural four-city […]

First Move, an early-stage venture capital firm founded by Joel Neoh, the creator of Fave, and Audra Pakalnyte, the former head of FavePay Later, has recently announced its support for ten startups.  With a portfolio already spanning Malaysia, Singapore, and Indonesia, First Move specializes in early-stage investments within the consumer sector. It aims to drive […]

 Echelon, the premier tech and startup conference in Southeast Asia organized by e27, has announced the first 26 shortlisted participants in its TOP100 Program for 2024. Launched in 2012, the TOP100 is a curated growth program for startups across the region to gain visibility, mentorship, and funding opportunities.  From cybersecurity to artificial intelligence, this year’s […]