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Tuesday, August 27, 2024
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Startups

LG amplifies investments in AI and deep tech start-ups

LG Electronics invests US$10 million in the Alpha Intelligence Fund to advance its AI and technology portfolio for future business growth.

AC Ventures and BCG explore AI’s influence on Indonesia’s financial sector

Discover how AC Ventures, BCG, and Kadin's latest report explores the transformative impact and challenges of GenAI in Indonesia's financial sector, offering strategic insights for future integration.

PasarPolis targets expansion into Singapore following success in Thailand and Vietnam

PasarPolis capitalises on significant achievements in Thailand and Vietnam to prepare for its expansion into Singapore, supported by strategic partnerships and innovative solutions.

Mushroom Material raises over US$5 million for eco-friendly Styrofoam alternative

Mushroom Material in Singapore secures over US$5 million to develop a fungi-based, eco-friendly alternative to Styrofoam, promising global sustainability impacts.

Armis surpasses US$200M ARR, doubling revenue in 18 months

Armis surpasses US$200M ARR, doubling revenue in 18 months, establishing itself as a global cybersecurity leader and preparing for an IPO.

IMOTO launches Indonesia’s first locally made electric motorcycle, VISION.ev

IMOTO unveils VISION.ev, Indonesia's first electric motorcycle with over 75% local components, aimed at reducing pollution and enhancing the EV market.

Lhoopa secures funding to address Southeast Asia’s affordable housing crisis

Lhoopa announces a US$80 million funding round to boost its affordable housing projects in Southeast Asia, enhancing technology and expanding market reach.

Xurya secures US$55 million investment to boost renewable energy in Indonesia

Xurya, a leader in Indonesia's renewable energy sector, receives US$55 million to expand innovative solar solutions and support the country’s climate goals.