Startups
Loyalty and rewards platform HeyMax raises a US$11 million Series A round led by Peak XV partners
Funding will be used to grow HeyMax’s partnership network in the region
Tokyo looks to bolster IPO market by luring startups across Asia
20 startups have been chosen for the TSE initiative with half of them based in Singapore and Taiwan
Global energy giant Engie pulling out of startups in Singapore and the region
It is offering all its interests held through an Asia-Pacific VC unit for sale
Fintech Airwallex enters South Korea market via Paynuri acquisition
The financial platform is looking to tap demand for Korean entertainment and consumer goods
OpenAI CFO says annualised revenue crosses US$20 billion in 2025
For 2026, the company will prioritise “practical adoption”, particularly in health, science and enterprise, Sarah Friar says
OpenAI signs US$10 billion deal with Cerebras for AI computing
The infrastructure will be built in multiple stages “through 2028”, the companies say
What’s keeping CEOs up at night? WEF poll points to insider threats, payment fraud, other cybersecurity issues
AI-related vulnerabilities form the fastest-growing risk category in 2025
Atome secures bigger US$345 million credit facility, HSBC and DBS among lenders
The new credit line will also be used to expand its Pay Later Anywhere card in Singapore, Malaysia and the Philippines
DeepSeek founder Liang’s funds surge 57% as China quants boom
High-Flyer’s strong performance could boost the cash available for the AI start-up
‘Hangzhou Six’ tech startup BrainCo is said to file for Hong Kong IPO
The startup is working with CICC and UBS on the share sale
