Asia Mobiliti raises US.06mil pre-A funding to scale Mobility-as-a-Service in SEA

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Existing investor DVE Sapta leads round, with Gamlite IT, private investors
Grow team across engineering & business functions, scale beyond Malaysia Asia Mobility Technologies Sdn Bhd, a leading mobility-as-a-service (MaaS) and Internet of Things (IoT) solutions provider, today announced the closing of a pre-series A investment round of US$1.06 million (RM5 million),…Continue Reading

US ‘suggests’ EU impose a chip export ban on China

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In: Asia, Business

The United States reportedly is calling on the European Union to impose a semiconductor export ban on China – but Chinese officials and media doubt the Americans, simply by asking, can persuade the Europeans to give up a highly lucrative export market. Bloomberg reports that the Biden administration is urging the EU to share information […]Continue Reading

Middle East faces fallout from Iran’s drones in Ukraine 

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Iran’s decision to supply Russia with kamikaze drones and short-range ballistic missiles for use against Ukraine has brought the Islamic Republic’s firepower to the streets of European cities. The Iranian drone technology being used against Kiev has been in the hands of proxy militias across the Middle East for a number of years, where Tehran has tested and refined […]Continue Reading

US will struggle to stop China’s quantum leap

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One of China’s premier research institutes is expanding its efforts to achieve technological independence in the face of expanding US sanctions aimed at keeping China down. The Shenzhen Institute for Quantum Science and Engineering has established an Integrated Circuits and Electronics Centre to conduct R&D on integrated circuit (IC) design and specific quantum applications such […]Continue Reading

The Big Read: Defying doubters, Singapore built a flourishing startup scene within a decade. Can it take the next step up?

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In: South-East Asia

And as regional startup ecosystems develop, they may possibly chip away at some advantages that Singapore’s ecosystem and its startups have. Citing the likes of Vietnam and Indonesia, a World Bank report last year noted that Singapore’s neighbouring countries “have created their own startup ecosystems”, thereby increasing the regional competition. Continue Reading