Petronas and SEDC to develop biofuels for aviation industry

Agreement covers cultivation, harvesting, extraction of crude algae oil
State sees development of next-gen renewable oil as potential game-changer Malaysia’s national oil company, Petronas, and the Sarawak Economic Development Corporation (SEDC) have entered into a joint development agreement for microalgae oil production. The agreement is specifically for the development of algae production…Continue Reading

Digital Penang, Founder Institute partner to accelerate funding ecosystem for Penang startups 

Aims to transform development ideas into viable businesses
Programme will lead to creation of new startups in Penang Digital Penang and Founder Institute, an organisation which transforms concepts into viable startups and startups into global businesses announced a partnership through a Memorandum of Understanding (MOU) exchange to cement the launch of the Malaysia Virtual…Continue Reading

VFlowTech raises US 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

China speeding along in quantum computing race

China is now the 3rd country worldwide to have built and delivered quantum computers right after Canada and the United States first shipped their own in 2011 and 2019, respectively. Origin Portion Computing Technology Company, established in Hefei in 2017, says it has delivered a 24-qubit quantum pc – known as Benyuan Wuyuan – that reportedly uses […]#@@#@!!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.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