Yimie Yong

MetAI , a Taiwanese startup pioneering the integration of industrial AI and 3D simulation technologies, announced on Tuesday the successful close of a $4 million seed funding round.

The Indonesia-based company may seek a valuation of $1.5 billion to $2 billion in a potential listing.

We talked to Helen Wong, Managing Partner at AC Ventures, to learn more about the Indonesia-headquartered venture capital firm’s achievements in 2024 and its plans and priorities in 2025. She also shared insights on the outlook for the tech ecosystem and Southeast Asia in the new year.

As the year of 2024 comes to an end, we sought insights from prominent figures across the Southeast Asian tech landscape.

Australian fintech Eden Exchange has acquired SC Venture's incubated Dealcierge to create a new A$50 million ($31.07 million) Singapore-based platform edenX.

We talked to Victor Chua, Founding & Managing Partner at Vynn Capital to learn more about the Malaysia-headquartered venture capital firm’s achievements in 2024, its plans and priorities in 2025. He also shared his views on the outlook of the tech ecosystem in Southeast Asia for the new year.Vynn Capital is a Southeast Asia-focused early stage venture capital firm investing in early stage tech startups. As a sector focused investor, Vynn Capital is eyeing on the supply chain and mobility industries including but not limited to logistics, travel, fast-moving consumer goods.

Banyu , a technology-enabled, integrated seaweed company in Indonesia, announced on Wednesday the completion of $1.25 million seed round of financing led by Intudo.

They are accused of jointly and dishonestly misappropriating MYR8 million of FashionValet’s investment funds from Khazanah and PNB, at Public Bank Berhad, Bukit Damansara Branch, 36-40 Medan Setia 2, Plaza Damansara, Bukit Damansara, on Aug 21, 2018.

The allegations of fraud may be damaging for Indonesia’s startup scene, and come at a critical time as young companies and investors in the country struggle to raise new funding. eFishery was the nation’s latest so-called unicorn, or a startup valued at more than $1 billion, Bloomberg added.

Tech advisory and investment firm GP Bullhound said it has appointed Shahril Hamdan as the firm's new Head of Southeast Asia and Managing Director of the Kuala Lumpur office.