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Top 5 Cross-Border Acquisitions To Eye for in 2023

AsiaTechDaily

Register The tally of recognized startups and acquisitions, burgeoning to 84,012 in 2022 from a mere 452 in 2016, is a testament to the positive impact of investment incentives and simplified business regulations, as highlighted by the Economic Survey 2022-23.

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

AsiaTechDaily

Register Indonesian digital bank Superbank , supported by Grab, Singtel, and Emtek Group, is collaborating with Singapore’s Genesis Alternative Ventures to offer a financing package of $40 million for startups in Indonesia. This initiative is designed to support startups within the country’s startup landscape.

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Japan’s Five-Year Development Strategy unveils KANSAI Startup Night Vol. 4

AsiaTechDaily

Register Japan unveiled its latest development on its “Startup Development Five-year Plan” started in November 2022. The program comes through a collaboration with Kansai. The plan aims to boost the Japanese startup ecosystem by investing 10 trillion yen, creating 100,000 new startups, and nurturing 100 unicorns by 2027.

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Malaysia’s Stock Exchange Joins Hands with Cradle to Support Local Startups’ Listing

AsiaTechDaily

Register Cradle , an early-stage fund under Malaysia’s Ministry of Finance, has formed a partnership with Bursa Malaysia , the nation’s stock exchange, with the primary objective of enhancing local startup listings. billion ringgit (approximately US$727 million) to the nation’s economy.

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Malaysia’s Solarvest Selects 5 Startups for SIL 2023 Seed Grants

AsiaTechDaily

Register Solarvest Holdings Berhad, a prominent distributor of clean energy in Malaysia, has officially announced the selection of five grant recipients for the Seed Grant Round of Solarvest Innovation Lab 2023 (SIL 2023). Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?

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Biotech Startup Automera Raises $16 Million in Series A Round Led by ALSP and ClavystBio

AsiaTechDaily

Other participants included EDBI, Xora Innovation, and undisclosed investors. Automera, co-founded by Michael Lazarou, Loong Wang, and Taiyang Zhang, is an early-stage biotechnology firm developing innovative therapeutic approaches centered around autophagy-based targeted protein degradation.

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Malaysia’s Tech Vision: Startup Convention Announced

AsiaTechDaily

Economy Minister Rafizi Ramli also unveiled plans to establish an agency tasked with coordinating research, development, commercialization, and innovation (RDCI) efforts. Malaysia plans to allocate 2.5 percent of the gross domestic product (GDP) to research and development (R&D) expenditure.

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