Oyen hits US.6mil worth of protection milestone, introduces Malaysia’s first online feline insurance agent

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Projects to achieve 50,000 pets covered in Malaysia, 100,000 in SEA by 2025
Rolled out new (human) travel insurance designed exclusively with elements of pet protection Oyen®, Malaysia’s premier digital first online pet insurance platform claimed it achieved a milestone of US$22.6 million (RM100 million) worth of protection, a sixfold growth from 2021 to…Continue Reading

Thai Insurtech Roojai Raises USmil In Series B round

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In 2022 Roojai’s premium income in Thailand grew by 25%
US$32mil from direct injection, US$10mil from secondary share transaction Roojai, a Thai-based online B2C insurtech, announced a US$42 million Series B funding round on 28 March, led by HDI International, the International Retail Insurance division of the German Talanx Group, with additional participation from existing investor,…Continue Reading

Capital Markets Malaysia launches first corporate venture capital programme to advance local ecosystems

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  Builds on existing ecosystem to link players across private & public markets
Partners MDEC to promote corporate venturing as innovation & growth strategy Capital Markets Malaysia (CMM), an affiliate of the Securities Commission Malaysia (SC), launched on 21st March, the nation’s first Corporate Venture Capital (CVC) Programme to advance the domestic…Continue Reading

Gobi Partners onboards Care Concierge to Khazanah-backed Gobi Dana Impak Ventures fund

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Funding to create innovative solutions to revolutionise senior living care
Gobi confident of Care Concierge growth prospects for the Silve Economy Gobi Partners, a Pan-Asian venture capital (VC) firm with US$1.5 billion (RM6.5 billion) in assets under management has onboarded its first portfolio, Care Concierge under its newly established Gobi Dana Impak…Continue Reading

Working with Crest, Wong Peng Wen aims to create a world-class RF ecosystem in Malaysia

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Left role as head at Huawei’s R&D Lab in Sweden, to ‘do something for Malaysia’ 
Help firms embrace RF technologies like 5G/6G and IoT, support value-added RF activities As the world becomes increasingly connected, radio frequency (RF) technology has emerged as an essential component of wireless communication. Driven by his passion for microwave engineering and years…Continue Reading

Working with Crest, Wong Pen Wen aims to create a world-class RF ecosystem in Malaysia

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In: Technology

Left role as head at Huawei’s R&D Lab in Sweden, to ‘do something for Malaysia’ 
Help firms embrace RF technologies like 5G/6G and IoT, support value-added RF activities As the world becomes increasingly connected, radio frequency (RF) technology has emerged as an essential component of wireless communication. Driven by his passion for microwave engineering and years…Continue Reading

Forget semiconductors; superconductors are the future

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In: Asia, Technology

Superconductors make highly efficient electronics, but the ultralow temperatures and ultrahigh pressures required to make them work are costly and difficult to implement. Room-temperature superconductors promise to change that. The recent announcement by researchers at the University of Rochester of a new material that is a superconductor at room temperature, albeit at high pressure, is […]Continue Reading

AmBank Group Inks MoU With APU To Develop Digital Talent

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Partnership provides students with internship and career opportunities
APU provides list of interns while AmBank hires based on qualifications AmBank Group, through its entities AmBank (M), AmBank Islamic, and AmInvestment Bank have signed an MoU with Asia Pacific University of Technology & Innovation (APU), to share knowledge and expertise, provide internship and career…Continue Reading

Qoala raises US.5 mil Series B+ round

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Funds will be channeled towards regional expansion
Claimed its customers have benefited from over US$30mil in claims Qoala has completed its Series B+ funding round, raising US$7.5 million (RM33 million). 
In a statement, the Indonesian based Southeast Asian insurtech said the round led by European investment firm, responsAbility Investments AG, with participation from Appworks…Continue Reading

CPA Australia: Young Malaysian small business owners drive up tech focus

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72.2% expect to grow in 2023, compared to 54.6% last year
Increasing attention on innovation & technology will support long term growth Malaysian small businesses are upbeat about their business and the economy. Meanwhile, young business owners are driving an increasing focus on technology and innovation in their small businesses. These are some of…Continue Reading