Startups

Founded in 2014, Mirova says it is committed to responsible investment. (Screenshot from Mirova website)
DealStreetAsia

Mirova raises $171m for Asia, Africa blended finance debt fund

Sustainability-focused investment manager targeting $500m

15 March 2023
U.K. startup Oxford Quantum Circuits has set up a quantum computing unit in a Tokyo data center. (Photo courtesy of the company)
Technology

U.K.'s Oxford Quantum Circuits set to enter Japan

University startup sets up quantum computing unit in Tokyo data center

14 March 2023
Traveloka President Caesar Indra says interest is growing in sustainable tourism. (Photo by Tsubasa Suruga) 
Travel & Leisure

Indonesia's Traveloka eyes sustainability demand as tourists return

Online booking unicorn seeks 'quality' partnerships for wider ASEAN market share

13 March 2023
Founded in 2006, Arohan aims to provide financial services to underprivileged and low-income households in rural and semi-urban areas of India.
DealStreetAsia

FMO pitches $11m investment in Indian microfinance company Arohan

Funds will be used to finance post-COVID growth, boost technology

13 March 2023
Many Gen Z and millennial shoppers are prioritizing sustainability over "fast fashion." (Photo courtesy of Bombay Closet Cleanse)
Retail

India's trendy thrift stores offer cheap alternative to fast fashion

Environmentally conscious young people turn to secondhand clothing

12 March 2023
Keisuke Honda sees parallels between experience in soccer and entrepreneurship. (Photo by Dimas Ardian)
Interview

Soccer star and investor Keisuke Honda eyes Indonesia, Vietnam

Self-described 'challenger' attracted by Southeast Asia's young population

12 March 2023
Angelo Gordon's latest Asian property fund aims to focus on Hong Kong and other large real estate markets around the region.
DealStreetAsia

Minnesota SBI commits $100m to Angelo Gordon Asia property fund

Real estate fund will focus on underperforming, troubled assets

10 March 2023
Private motorbike taxis have long plied the streets of India's sprawling capital, weaving through traffic jams to swiftly carry passengers to their destinations. (Photo by Aakash Hassan)
Transportation

New Delhi clampdown on motorbike taxis hits Uber, Ola

Thousands of drivers face rough road ahead amid government drive to enforce rules

9 March 2023
Prominent Asian startups Aerodyne Group and Terra Drone are seeking to expand their global footprints as the fast-growing industry grows more competitive. (Source photos from Aerodyne Group Facebook page and Terra Drone)
Aerospace & Defense Industries

Malaysian and Japanese drone startups jostle to lead global race

Aerodyne plans more acquisitions; Terra Drone expands in Middle East

6 March 2023
Lingniu Hydrogen Energy Technology, a Chinese logistics tech startup that operates hydrogen fuel cell vehicles, has raised $7.3 million. (Photo courtesy of the company)
36Kr/KrASIA

Chinese startup pushes for green logistics with hydrogen cars

Lingniu Hydrogen Energy has raised $7.3m to build world's 1st green container port

3 March 2023
The Uuuo app connects supermarkets and other businesses with fishing companies selling freshly caught seafood. (Photo courtesy of Uuuo)
Fisheries

Japanese fish market app reels in Thailand, Cambodia with fresh catch

Hiroshima startup Uuuo takes on-demand seafood delivery service global

3 March 2023
SiEngine Technology is headquartered in Wuhan, with research and development centers in Beijing and Shanghai. (Screenshot from SiEngine's website) 
DealStreetAsia

Chinese chipmaker SiEngine raises another $72m

Automotive chip producer using funds to boost output

2 March 2023
Una Brands says it is the only active multichannel e-commerce aggregator in Southeast Asia. (Screenshot from Una Brands' website) 
DealStreetAsia

Singapore e-commerce aggregator Una Brands raises $30m

Private equity group Northstar leads the pre-Series C funding round

1 March 2023
Vaccines that use messenger RNA to teach the body how to make a protein that triggers an immune response can help protect against infection from viruses such as the coronavirus.
DealStreetAsia

Chinese biotech Immorna raises $100m for mRNA therapeutics

Company developing treatment, vaccines for range of diseases

28 February 2023
The Philippines and Malaysia's startup ecosystems are emerging as lesser-known hot spots in Southeast Asia for investors seeking solid returns from young tech companies. (Source photos by Akira Kodaka and AP)
Startups

Philippines, Malaysia emerge as startup hot spots, says investor

500 Global doubles down on regional tech investment as valuations cool

28 February 2023
GXS' app looks more like a music-streaming service than a banking app. (Photo by Tsubasa Suruga) 
Finance

From Grab to Ant, Singapore's digital bank race picks up pace

Standard Chartered and other incumbents take lead in push for virtual lending

27 February 2023
Vertex manages assets of over $5.1 billion across six partner funds in China, Southeast Asia, India, the U.S. and Israel. (Photo from Vertex Ventures Facebook Page)
DealStreetAsia

Germany's DEG to invest $18m in Vertex's Southeast Asia, India fund

Capital to back tech companies offering services for traditional industries

27 February 2023
Gulf states are transitioning from fossil fuel exports and looking for investments in sectors such as renewables, digitization and financial technology.
DealStreetAsia

Gulf Capital to set up $750m fund for Southeast Asian companies

Fund will invest in business looking to expand into Middle East

24 February 2023
Revenue from Grab's delivery services surged in 2022, with help from a Malaysian acquisition.
Technology

Singapore's Grab speeds up profit outlook as cost cuts pay off

Nasdaq-listed tech group expects to break even sooner after annual loss halves to $1.74bn

24 February 2023
The NYSE already has a presence across key Asian cities, which it hopes to expand as it targets India, Indonesia and Vietnam.
DealStreetAsia

New York Stock Exchange sets sights on Southeast Asia, India

U.S. bourse looking to encourage more share offers from Asia

22 February 2023
A man looks under the hood of a NIO ES8 sports utility electric vehicle. (Photo by Shuhei Yamada)
Electric cars in China

Chinese EV matches luxury with cost-cutting guts, teardown shows

NIO's high-end ES8 uses same components as more affordable models, but offers perks

22 February 2023
Founded in 2015, FreshToHome sells seafood and meat online. Additional funding will increase the size of its Series D round to about $80 million. (Screenshot from FreshToHome website)
DealStreetAsia

Indian meat retailer FreshToHome close to raising another $30m

Company runs e-commerce platform but also has physical stores

21 February 2023
Students in a class at Asia Pacific University of Technology and Innovation.
DealStreetAsia

TPG-led consortium buys controlling stake in Malaysian university

U.S. private equity giant has $135bn of assets under management

20 February 2023
Chief Executive and co-founder Alex Bouaziz says Deel's "growth is still really good" despite the global economic slowdown that is forcing tech companies to lay off workers. (Source photos by courtesy of Deel.)
Startups

Remote hiring platform Deel to expand into China 'very soon'

U.S. decacorn eyes India, Philippines, Vietnam as promising talent suppliers

17 February 2023
The challenge for startups in the recycling sector is raising money at a time when investors are being held back by global macroeconomic uncertainties, rising interest rates and inflationary pressures. (Photo courtesy of The Incubation Network)
Business Spotlight

ASEAN's garbage economy: Startups turn plastic waste into consumer goods

Trash is transformed into chairs in Indonesia, floor tiles in Vietnam

17 February 2023