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--------------------------------------------------------------- IN FOCUS In today's newsletter, we spotlight: - [The investments of Chinese tech giants into Southeast Asia](
- The AI startup of a billionaire heir thatâs just raised funds
- Other newsy highlights such as Huaweiâs new partnership to boost AI in heavy industries --------------------------------------------------------------- Hello {NAME} Here at Tech in Asia, we have a lot of different kinds of content. We analyze financial statements, expose the truth about people or circumstances, profile exciting companies, and uncover trends and patterns in the tech ecosystem. I think everything we do is interesting, but the last one is especially compelling to me. Thereâs something to be said about being able to look at individual events - a fundraising round here, a merger there, a strategic investment last week - and putting it together to paint a picture of something much larger. For example, in todayâs premium story, my colleague Peter puts together many different events in our ecosystem to track the Chinese tech giants that are putting money into Southeast Asian startups. This gives us a sense of how our two tech scenes are connected. -- Stefanie
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THE BIG STORY [Charting the Chinese tech giants investing in Southeast Asia](
The funding flow may have slowed in recent years, but Alibaba and Tencent are still pumping cash into the region. --------------------------------------------------------------- TRENDING NEWS
[Thai billionaire heirâs AI startup Amity raises US$60 million](
GenAI startup Amity has raised US$60 million in a funding round led by Insight Capital.
[Huawei enters new partnership to drive increased AI adoption in Chinaâs heavy industries](
Huawei has struck up a partnership with hardware firm Sichuan Zigong Conveying Machine Group to expand AI adoption in sectors such as mining, bulk material transport, and equipment manufacturing. ---------------------------------------------------------------
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VISUAL STORY OF THE DAY [20 top angel investment networks in Asia](
Here's our regularly updated list of Asia's top angel investment networks. --------------------------------------------------------------- WE'RE HEADING TO MALAYSIA NEXT WEEK - YOU COMING? Last chance to join one of the biggest gatherings of Southeast Asia's tech enthusiasts This is your final chance to join over 1,500 founders and investors from across Southeast Asia and beyond at Tech in Asia Conference KL. For a limited time, weâre offering up to 10% off on all ticket types. Donât miss out on this opportunity to connect with industry leaders, gain invaluable insights from renowned speakers, discover groundbreaking startups, and secure potential partnerships and investments.] Extended-release tickets are selling fast -Â [grab yours now]( ---------------------------------------------------------------
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PRESS PEEKS The following press releases were published as they were received, without any editing from the Tech in Asia team. You too can publish your own press release on Tech in Asia by simply filling in [this]( page](. Our team will get back to you by the next business day.
- WSI -Â [WSI secures S$5 million strategic investment valuation, to expand its investments in new media intellectual property and sports portfolio](
WSI enlarges the pool of industry veterans as strategic advisors as part of their growth transformation. - NeuAlgo Technology-Â [NeuAlgoâs Revolutionary Solution! Rigorous Verification and Smart Allocation are the Key Of Complex Domain Names!](
NeuAlgo's SD-MBS frameworks enhance data processing by prioritizing trustworthiness and third-party verification over traditional domain readability. - The Business Times -Â [The Business Times launches âpaid press releaseâ service](
Businesses can now share their latest announcements on BTâs site for a fee. - Salmon Group -Â [Salmon wins Fintech Start-Up Award at the Asian Banking and Finance Fintech Awards 2024](
Salmon has been awarded the prestigious 2024 Asian Banking and Finance (ABF) Fintech Start-Up Award - Philippines. ---------------------------------------------------------------
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EVENTS HAPPENING You can also check out a curated list of trending tech events [over here]( and Tech in Asiaâs signature events [here](.
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[Tech in Asia Conference Kuala Lumpur 2024 : Malaysia on The Rise on July 24 - 25](
Get ready to be inspired at the upcoming #TIAConferenceKL. Join over 1,000 attendees from across Southeast Asia - including Malaysia, Indonesia, Singapore, Thailand, and Cambodia - and beyond for two days of insightful discussions and unparalleled networking opportunities. [Get yours today]( and join the conversation. [Tech in Asiaâs Founders Meetup in Malaysia on July 25](
Forget about imagining it â experience it instead. Surround yourself with the people shaping the future of tech in Malaysia. Connect with movers and shakers, and plug into the energy of Southeast Asiaâs fastest-growing tech hub. [Hurry,]( your ticket now!]( [KL Conference Exclusive: Elevate Customer Engagement with Twilio on July 24](
Turn passive customers into brand advocates at this exclusive luncheon alongside fellow media, software, and telco leaders. Youâll walk away equipped to create personalized customer journeys, engineer sustainable engagement strategies, and diversify revenue streams. ââThis is an invite-only event. [Apply for an invite here!]( [KL Conference Exclusive: Antler Portfolio Showcase on July 24](
Discover the next wave of tech disruptors before they hit the mainstream. Youâll get to witness early-stage founders deliver rapid-fire pitches, unearth investment opportunities, and connect with the minds pushing Southeast Asia's tech boundaries. ââThis is an invite-only event. [Apply for an invite here!]( [KL Conference Exclusive: Networking Night on July 24](
Seize the opportunity to connect with the brightest minds and most influential players in Asia's tech ecosystem, all while enjoying panoramic city views and delicious treats. This exclusive event is only open to #TIAConferenceKL Pro Pass holders. [RSVP now to secure your spot!]( [KL Conference Exclusive: After Party on July 25](
After two days of high-impact learning, join us at the official closing party to unwind, socialize, and celebrate the thriving startup scene in Malaysia. Thereâs no better way to do so than by immersing yourself in its vibrant energy firsthand. This exclusive event is only open to #TIAConferenceKL Pro Pass holders. [RSVP now to secure your spot!Â]( [Tech in Asia Conference Jakarta on Oct 23-24](
Where is the next Silicon Valley? It might just be Jakarta! Indonesia's young tech talent is booming, and Tech in Asia Conference Jakarta puts you right in the center of the action. Join us at #TIAConferenceJKT to connect with 4000+ region's brightest minds, 150+ hottest startups, and hear straight from 80+ experts. Early-bird tickets are now available! [Snatch the 50% discount while it lasts!](
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WHO'S HIRING You can post a job [here]( or search for jobs [here](. - [Back End Engineer (Golang) Jr Associate]( at TIXid
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