Startups & Tech
German regulator orders oversight, limits on GIC-backed online bank N26
The measures mark the second time since 2021 that BaFin has directed a special monitor to oversee the fast-growing Berlin-based lender
January Capital’s private credit fund marks final close at over US$130 million
The fund offers growth-stage, sponsor-backed tech firms in Apac less-dilutive financing through senior secured loans
Intel nears US$1.6 billion deal for AI chip startup SambaNova
Intel CEO Tan Lip-Bu is chairman of the startup
China’s DeepSeek uses banned Nvidia chips for AI model: report
Beijing has meanwhile pushed Chinese technology companies to rely on domestic equipment to develop artificial intelligence
STRAIGHT TO YOUR INBOX
Fridays: Hottest updates on the local SME scene to wrap up your week.
Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah
Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors
Customer experience tech startup Toku files preliminary prospectus for Catalist IPO
It will use the proceeds to fund R&D, market expansion and to improve its financial position
No bubble, doom or trouble for Malaysia’s data centres
Some government planners worry that unchecked expansion could force difficult trade-offs
Singapore-focused investors look to tech sector for growth: poll
Power and utilities ranks as second sector to draw most investments, followed by asset and wealth management
Vizzio secures funding from Hong Kong Science & Technology Parks, will establish new Hong Kong office
Singapore-based startup will use investment to continue its R&D and expand its sales team
Airwallex raises US$330 million Series G funding round led by Addition
The company will set up a second headquarters in San Francisco
