VFlowTech raises US$10 mil to expand global reach of renewable energy storage solutions 

Oversubscribed round was led by Japan-based VC, Real Tech Holdings 
Will to up 200MWh production capacity and scale up manufacturing VFlowTech, a Singapore-based provider of vanadium-based redox flow batteries, has raised US$10 million (RM43 million) in a Series A funding round. 
Led by Japan-based venture capital (VC) firm Real Tech Holdings, the oversubscribed round was participated…Continue Reading

MMU And KRU foundation to develop entrepreneur and creative talent

Collaboration will result in various up-skilling and re-skilling training programs
The move is hoped to make MMU a player in digital-based businesses Multimedia University (MMU), Malaysia’s university for information and communication technology education, has signed a Memorandum of Understanding (MoU) with the KRU Foundation to develop new talent in the field of digital…Continue Reading

Why Sustainability Matters

Big gap within fully understanding problems around sustainability plus ESGTech & digitalisation play big part in helping businesses & society adjust Information is key much more crisis. The monetary press in the U. K., for example , grew at a time when the economic climate was in crisis. What we should…Continue Reading

AC Ventures doubles down on Indonesia's EdenFarm in latest US$13.5 mil deal

Seven other firms participated in this funding round
Funds will used to deepen penetration across Indonesia, improve customer experience EdenFarm, a food service-focused startup based in Indonesia, has secured US$13.5mil (RM57.3 million) in its latest Pre-Series B bridge round led by Telkomsel venture arm – TMI, AppWorks and AC Ventures. Decart Ventures,…Continue Reading

MyIX seeks more investor-friendly policies, including reinstatement of cabotage exemption policy

Exemption for telcos & data centres on potential increase in power tariffs
MyIX lowered port pricing by 33% last year to further benefit country ChatGPT and Artificial Intelligence (AI) may be the hottest tech trends sweeping across the world but in Malaysia, the digital economy and increasing utilization of the internet are the…Continue Reading

WhyQ secures US$1.08 mil in extended Series A2 funding round led by Kairos Capital Group

To expand digitalisation platform, improve existing products
Closed initial US$2.7mil Series A2 from 4 investors in 2021  WhyQ, a digital innovation startup focused on helping micro-SMEs (MSMEs) digitise their business, has successfully secured an additional US$1.08 million (RM4.6 million) in an extension to its Series A2 funding round. 
In a statement, the firm said…Continue Reading

Luno Malaysia Assures Customers Operations Remain Unaffected Following Parent Company Layoffs

Layoffs has not affected ops in Malaysia, Singapore, and Indonesia “Important to reiterate to everyone that customer funds are safe” Digital asset exchange Luno’s recent announcement of the layoffs for roughly a third of their staff globally is the result of “an incredibly tough year”, but will not affect operations in the…Continue Reading