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Tag: Funding

OpenLight raises US$34 million to scale photonics for AI data centres

OpenLight secures US$34M Series A to scale integrated photonics for AI data centres, expanding its PDK and accelerating product innovation.

Elon Musk reveals xAI expansion plans and commits to open source Grok models

Elon Musk unveils plans to expand xAI’s computing power with 50 million H100 chips and commits to open-sourcing all Grok AI models.

Perplexity makes a US$34.5 billion offer to acquire Google Chrome

Perplexity has made an unsolicited US$34.5B bid for Google Chrome, pledging major investment if Google agrees to sell.

Antler invests US$7.4 million in Southeast Asia startups with focus on AI

Antler invests US$7.4M in Southeast Asia startups, with US$2.8M supporting AI firms through its new AI Disrupt residency in Singapore.

Nibertex raises US$7 million to scale PFAS-free textile membrane production

Nibertex raises US$7 million in Series A funding to scale PFAS-free textile membrane production and meet rising global demand for sustainable materials.

Kickstart Ventures: Redefining venture sourcing through ecosystem-led strategies in Southeast Asia

Kickstart Ventures builds deal flow in Southeast Asia by embedding in ecosystems, not relying on pitch events or traditional networks.

Keenon Robotics takes a steady approach to humanoid technology development

Keenon Robotics takes a step-by-step approach to humanoid robots, focusing on simple tasks and practical use in hospitality and logistics.

Apple launches online retail store in Saudi Arabia for the first time

Apple launches its official online store in Saudi Arabia with Arabic support, direct sales, and plans for a retail store by 2026.

UBTech Robotics seeks US$307 million through Hong Kong share placement

UBTech Robotics plans to raise US$307 million in Hong Kong via a discounted share placement to support operations and expand its robotics business.

China to invest in Brazil-led global forest fund, signalling shift in climate finance

China may invest in Brazil's global forest fund, signalling a shift in climate finance and broader support from emerging economies.

Mainland investment boom lifts Hong Kong’s market

Chinese firms turn to Hong Kong listings after mainland investors spend US$93B on stocks, eyeing global growth and fresh funding sources.

Hong Kong opens skies to larger drones in bid to grow low-altitude economy

Hong Kong will allow the testing of larger drones to boost its low-altitude economy and improve logistics, following mainland China's lead.