The Daily Scrum - Asian Startup and Tech News

For today's headlines: Global startup funding sees sluggish year-end, 2023 marks lowest venture funding since 2018 Asean IPO proceeds fall 20% to $5.6 billion in 2023, EY reports IFC contemplates $7 million equity investment in Philippine fintech Salmon NextPay shuts down payment acceptance services, focuses on disbursements and AI-powered solutions Have a story you want us to cover? Please hit us...

For today's headlines: Asia's data center boom: rapid growth and complexity Chinese carmarket under pressure: price wars and intensifying EV competition loom in 2024. Full story HERE Edtech disruption: Indonesia's leading E-learning platform, Zenius , temporarily shuts down amidst regulatory challenges Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is...

For today's headlines: Khazanah and CGC Digital invest in funding societies to broaden financing access to MSMEs Lazada , Alibaba's Southeast Asia arm, marks new year with layoffs in Singapore Micoworks secures US$24.5m to expand marketing platforms into SEA Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support...

For today's headlines: Chinese Venture Capitalists eye Southeast Asia as a potential lifeline during funding winter US Development Finance Corporation greenlights loan for Indonesian clean energy firm, Medco Cahaya Geothermal Former digibank Exec launches nature-focused tech startup to combat deforestation Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode...

For today's headlines: Indian car-sharing platform Zoomcar completes SPAC merger BEST Inc to open largest Southeast Asia sorting center in Malaysia, fueling cross-border logistics network expansion Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support Hustleshare, please subscribe at  http://premium.hustle...

FOR TODAY'S HEADLINES... ASIA FACES CAUTIOUSLY OPTIMISTIC VENTURE CAPITAL OUTLOOK IN 2024 AMID GLOBAL UNCERTAINTIES MONEX GROUP ACQUIRES MAJORITY STAKE IN CANADIAN CRYPTO PIONEER 3IQ FOR $39.8 MILLION MALAYSIAN CLEAN ENERGY FIRM GENTARI EXPANDS INTO OFFSHORE WIND WITH STRATEGIC INVESTMENT Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you...

For today's headlines: China unveils final regulations for Alipay, WeChat Pay, and similar platforms Japan panel advocates protecting copyrighted work from AI training Experts call for deliberate regulation amid rapid ascent of generative AI Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support Hustleshare, ple...

For today's headlines: Vietnamese private equity firms poised to increase capital deployment in 2024 Thailand's Kasikornbank facilitates token-based funding opportunities for companies, as per report AC Ventures strives to enact positive societal change and economic impact in Southeast Asia Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to y...

For today's headlines: Foxconn soars into space exploration for signs of life beyond iPhone 2024 cloud trends unveiled: AI-driven machine learning , distributed databases, and beyond Vantage Data Centers prepares for surge in AI demand across Southeast Asia Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support...

For today's headlines: Biorithm secures $3.5 million in Series A Funding with co-leadership from Adaptive Capital Partners and SEEDS Capital, boosting Singapore's innovation drive. Malaysia's Critical Holdings rocked the stock market with a 43% surge in debut, fueled by optimism over data and chip opportunities. 01Fintech pumps $20 million into SME supply-chain financing platform Validus. Have a s...

For today's headlines: Indonesian beauty brand Rosé All Day Cosmetics secures $5.41 million in Series A Funding GoTo Group and TikTok join forces with UGM to nourish Indonesia's digital talent India's Aye Finance secures $37 million in Series F Funding led by UK's British International Investment PlasmaGen Biosciences raises $27 million in equity financing to advance blood plasma-derived pharmaceu...

For today's headlines: South Korean comics and dramas embrace the integration of AI technology Indonesian aquaculture pioneer eFishery completes successful India pilot, eyes global expansion ProfilePrint secured significant Series B Funding to advance AI-driven agrifood transformation Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by&...

For today's headlines: LINE NEXT secures record $140 million investment to drive NFT and Web3 expansion Saudi startup Blink secures $2.1m to expand online ordering platform in the Middle East Philippines' 917Ventures eyes more tech unicorns despite global funding slowdown Animoca Brands and T&B Media Global join forces to boost Web3 ecosystem capabilities Have a story you want us to cover? Ple...

For today's headlines: Sweef Capital secures strategic investment in Vietnam’s USM healthcare Seraya Partners secures $800m Asia-focused infrastructure fund for investments in digital infrastructure and energy transition Indonesia to conduct audit of TikTok, Tokopedia e-commerce trial partnership Taiwanese tech startups embrace ASEAN opportunities amid China risk concerns Have a story you want us...

For today's headlines: Tokyo aims to boost marriages with matchmaking app TikTok and Tokopedia to merge E-commerce operations following Indonesian ban Klinik Pintar secures $5 million to expand its tech-enabled clinics in Indonesia China's internet content kings face challenges in retaining paying users Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is...

For today's headlines: Bank BTN and Mandiri Capital Indonesia launched BTN Fund to invest in digital technology with a housing focus Net Zero Challenge 2023 grant winners announced: Alterno, Forte Biotech, and AirX Carbon secure $630,000 to scale their climate innovations Gacha Monsters secures $3 million seed investment for Web3 Entertainment Ventures Insular Life sells 40% stake in Oona Insular...

For today's headlines: Japan's upcoming unicorns confront challenges ranging from automation to fusion Singapore-based cultivated meat startup Meatiply secures $3.75 million in seed funding to fuel expansion Klook raises $210 million to fuel expansion and innovation in travel experiences Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you...

For today's headlines: Ant Group chair applauds GCash as top start-up investment ADB, GEAPP, and MAS to create $2b blended finance fund for energy transition in Asia TikTok and Tokopedia may soon reveal Indonesian e-commerce agreement Demand for AI roles to surge in 2024 Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachi...

For today's headlines: Circulate Capital successfully concludes $73m climate tech fund Byju ’s faces potential need to utilize epic sale funds to sustain operations Wavemaker Impact secures inaugural funding round, closes debut fund at $60 million Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To support Hustleshar...

For today's headlines: Gogoro debuts intelligent scooters and battery swapping technology in the Philippines. Singapore-based Igloo raises $36m in Pre-Series C funding, experiencing a 50% valuation increase. Construction tech company Gravel lands $14m funding from prominent investors. Malaysian agritech startup Qarbotech secures $700,000 in seed funding Have a story you want us to cover? Please hi...

For today's headlines: Singapore-based Fenix 360 to go public in $610 million merger with DUET Acquisition Corp LeapFrog investments secures support from Temasek and European Investment Bank for $500 million climate change initiative in Africa and Asia Vietnam based FEBE Ventures launches $75 million second fund targeting global seed-stage founders AirAsia move records strong quarterly revenue of...

For today's headlines: Fr8Labs in Singapore raises $1.5m in seed funding to fuel market expansion Cradle Fund Malaysia names Norman Matthieu Vanhaecke as group CEO Philippines' Five Beauty launches inaugural hybrid colour stick collection with celebrity co-founder Gabbi Garcia Mystifly in Singapore partners with Google Cloud to enhance traveler experience Have a story you want us to cover? Please...

For today's headlines: Catcha to secure 51% of digital symphony for RM21.1 million Animoca Brands makes strategic investment in TON blockchain, securing position as largest validator Swiss investor unveils $500 million climate strategy focused on Asia Advocacy intensifies for robust digital infrastructure to support Philippine startup companies. Full story HERE Have a story you want us to cover? P...

For today's headlines: Record participation and global expansion mark successful close of Singapore Fintech Festival 2023 GCash partners with Mayani to launch Philippines' largest agricredit movement for rural financial inclusion Lotus Technology secures $870 million ahead of business combination with L Catterton Asia Acquisition Corp Redtone Malaysia introduces Starlink Satellite broadband servic...

For today's headlines: Philippine Startup Week 2023 celebrates local innovation and entrepreneurship KMC Solutions honors Philippine startups at inaugural KMC Startup Awards Indonesian agritech startup JALA raises $13.1m in Series A to expand shrimp farming tech Have a story you want us to cover? Please hit us up at  pr@hustleshare.com This episode is brought to you by  Podmachine To sup...