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Privy accelerates digital transformation with $41m KKR-led Series C funding

AsiaTechDaily

Register Committed to accelerate the digital transformation of the world’s fourth largest population, Privy has partnered with KKR , a leading global investment firm. Privy, a digital trust provider, said new investments will further strengthen its position as the leading digital signature and digital identity provider in Indonesia.

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Singapore’s Sunrate Receives Investment from Prosperity7 Ventures and SoftBank Ventures Asia in Series D-1 Funding

AsiaTechDaily

The funding was led by Prosperity7 Ventures, a growth fund associated with Aramco Ventures, and included additional investment from SoftBank Ventures Asia. trillion by 2030. Paul Meng, the co-founder of Sunrate, expressed his appreciation for the investments made by new and existing prestigious investors.

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Swedish company Northvolt raises $2.75B to accelerate European battery production

TechCrunch

billion in capital as it prepares to ramp up to an annual production capacity of 150 GWh in Europe by 2030. Volkswagen’s investment came to €500 million ($620 million), the OEM said Wednesday, maintaining its 20% stake in the battery manufacturer. Swedish battery developer and manufacturer Northvolt AB has raised $2.75

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Singapore’s InterContinental Energy Attracts $115M Funding from GIC and Hy24

AsiaTechDaily

Register Singapore-based InterContinental Energy has secured $115 million in equity investment to advance its mission of scaling up green hydrogen production. InterContinental Energy has plans to deliver up to 10 gigawatts (GW) of capacity during the initial phases by the close of 2030.

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Hyundai Motor eyes acquisition of Korean lidar-free self-driving startup 42dot

TechCrunch

The ongoing deliberation signals Hyundai Motor’s accelerating efforts to strengthen its autonomous driving technology that is in line with the Korean automaker’s grand plan to invest $79 billion (95.5 trillion WON) through 2030 into autonomous driving software technology and electric vehicle-related businesses.

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Impact Hub Taipei: fuelling a virtuous circle of impact

Impact Hub

Impact Hub Taipei: Fuelling a virtuous circle of impact Impact Hub Taipei’s 2030 Impact Accelerator is making waves in Taiwan’s entrepreneurial landscape by launching the country’s first global impact accelerator. The support provided by Impact Hub Taipei extends beyond the accelerator programme.

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Superbank and Genesis Join Forces to Inject $40 Million into Indonesian Startups

AsiaTechDaily

Through a joint announcement, the entities unveiled their intention to combine conventional bank credit with venture capital investment, all while ensuring minimal equity dilution for shareholders. This initiative will primarily focus on startups in the series B and series C funding stages.