Cradle, an early-stage fund under Malaysia’s Ministry of Finance, has formed a partnership with Bursa Malaysia, the nation’s stock exchange, with the primary objective of enhancing local startup listings. This collaboration brings together the financial expertise of Bursa Malaysia and the startup support initiatives of Cradle Fund. The primary focus is to raise awareness among […]

Startup Island TAIWAN, an initiative backed by Taiwan’s National Development Council, recently joined forces with domestic venture capitalists and listed companies to present a significant event showcasing the prowess of Taiwanese digital tech startups. This event, known as Taiwan Tech Solution Day, took place in Ho Chi Minh City on August 23, where 14 Taiwanese […]

Japan unveiled its latest development on its “Startup Development Five-year Plan” started in November 2022. The program comes through a collaboration with Kansai. The plan aims to boost the Japanese startup ecosystem by investing 10 trillion yen, creating 100,000 new startups, and nurturing 100 unicorns by 2027.  The dynamic ecosystem cultivated within the Kansai region […]

The Radical Fund, a climate-focused early-stage investor headquartered in Bangkok, has successfully achieved the first close of its climate tech fund, raising an initial amount of US$40 million. The fund is specifically targeted at supporting early-stage startups in the Southeast Asia (SEA) region that are dedicated to addressing climate-related challenges. The Radical Fund operates under […]

Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. The acquisition will support businesses throughout the region in enhancing their innovation capabilities and successfully launching and expanding new ventures. The specific terms and details of the deal […]

The Philippine venture capital firm Kaya Founders has successfully raised $12 million in funding for two new funds. The Gokongwei family played a key role in anchoring the funding round, which also saw participation from institutional investors, family offices, high-net-worth individuals, and renowned entrepreneurs. With this funding, Kaya Founders now manages a total committed capital […]

Olympic gold medalist Greysia Polii has made an investment in Ayo Indonesia, a Jakarta-based sports tech company, joining its seed round. Polii’s interest in the world of investments follows the growing trend of renowned athletes supporting sports technology companies. Ayo Indonesia offers an online platform that enables users to effortlessly book sports venues and connect […]

ScaleUp Malaysia, an accelerator that focuses exclusively on growth-stage companies in Malaysia, in partnership with Quest Ventures, Indelible Ventures, and Mranti signalled the culmination of its third cohort with the unveiling of its selection of top startups. The cohort which kicked off in August 2021 drew over 200 applications from 26 countries including Malaysia, the […]

2021 saw the Indian startup ecosystem on fire. 40 Indian startups made it to the unicorn category making it the year of Indian unicorns. Some of them even achieved the coveted status within a few months of starting their operations. This year also witnessed many firsts, the Indian startup ecosystem saw the entry of first […]

Singapore investment firms EDBI and SEEDS have jointly facilitated and supported fundraising for S$216 million by 25 tech startups based in the city-state to date, through the Special Situation Fund for Startups (SSFS). According to a statement, the 25 startups span sectors such as e-commerce, edtech, enterprise technology, fintech, healthcare, and tourism, and account for […]