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Saturday. 14 September 2024
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Funding

Osom Products, founded by former Essential staff, is closing down

Osom Products, founded by former Essential employees, is closing down. It cites financial difficulties and the inability to secure new investments.

Google agrees to fund local news in California after a legislative standoff

After a dispute over proposed legislation, Google struck a deal with California lawmakers, agreeing to fund local news and AI innovation.

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.

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.

Singapore start-up k-ID secures US$61 million to protect young gamers online

k-ID secured US$45 million in funding to enhance its technology for protecting young gamers from online risks. It is set to launch new features in August.

Notti Pet Food secures US$500K seed funding to enhance pet health standards in Southeast Asia

Notti Pet Food secures US$500K to improve pet nutrition and health in Southeast Asia, with ambitious plans for product innovation and market expansion.

Ionna’s journey to revolutionise EV charging infrastructure

Ionna, backed by seven automakers, is revolutionising EV charging with its new headquarters in Durham, NC, and plans for extensive infrastructure.