CDP Institute

FunP Innovation Group, the Taiwan-based digital advertising sales and advertising technology conglomerate has announced it has secured $3.12 million from Ennoconn Corporation. FunP said that it will use this capital injection to develop and roll out smart retail and cloud services solutions for the Indonesian market and other Asia Pacific (APAC) countries, under its business unit cacaFly, in a partnership with Ennoconn.

Across APAC, the majority (79%) of brands still rely heavily on third-party cookies, with over half (56%) of leaders expecting the end of third-party cookies will hurt their businesses. Currently, 52% of APAC leaders still spend at least half of their marketing budgets on cookie-based activations – and 79% actually plan to increase spending on cookie-dependent activations this year.

Nigerian startup Tabulio has developed a social network aimed at connecting African tech talent with global opportunities. Founded by Tosh Ajibade and Chris Steve in 2019 and released as an MVP in 2021, Tabulio is a social networking platform that allows users to share their works, connect with employers, and network with tech talent.

Rwandan startup, DoctorAI is using artificial intelligence (AI) to help healthcare providers reduce the mortality and morbidity associated with medical errors and inaccessibility to medical specialists. The solution was built to address several healthcare challenges across Africa, including low numbers of physicians.

Egyptian fintech startup Copal has partnered with Mastercard to launch a family payments mobile app that brings all family members onto a unified payment platform that is fully managed by parents.

California-based semiconductor firm Advanced Micro Devices’ (AMD) India arm contributes nearly 100% of the solutions to its data centre business. AMD’s data centre business posted over $6 billion in revenue during 2022. The business comprises 25% of the organization’s total revenue of $23.6 billion.

Stability AI, the world’s leading open-source generative AI company, announces that it has acquired Init ML, makers of the globally popular imaging tool Clipdrop. The deal bolsters Stability AI’s drive to build best-in-class applications using its powerful open-source generative AI models. It also provides Clipdrop’s developers with advanced AI technology and computing power for its next generation of imaging tools.

Sprinklr, the unified customer experience management platform for modern enterprises announced its continued expansion in the Australia and New Zealand market with the launch of a local data hosting solution for the Sprinklr platform. Customers now have the option to host data in Australia through Sprinklr’s hosting services provider. The company also provides hosting solutions in the US, Europe and the UAE.

Australian Payments Plus (AP+) announced a strategic partnership with Coles which will make shopping experiences at the checkout simpler and faster for Australians with new Beem digital wallet. AP+ will work with Coles to develop a bespoke digital wallet which will provide the ability to pay with one simple experience using the QR code in store.

Catcha Digital Bhd has completed the acquisition of the entire equity interest of iMedia Asia Sdn Bhd for RM43.92million (US$9.8 million) in cash and shares. Catcha Digital now owns a fast-growing integrated digital media solutions provider, with an extensive portfolio of digital marketing platforms, reaching 12.7 million Malaysians in June 2022 and services over 100 brands spanning across various industries.

Amazon Web Services (AWS), an Amazon.com, Inc. company, has announced plans to launch an AWS infrastructure Region in Malaysia. The new AWS Region will give developers, startups, entrepreneurs, and enterprises, as well as government, education, and nonprofit organizations, greater choice for running their applications and serving end users from data centers located in Malaysia. As part of its commitment to the region, AWS is planning to invest $6 billion in Malaysia by 2037.

Amora a Brazilian startup received US$7.69 million through debt in Real Estates Receivables Certificates (CRI) and equity from a Venture Capital investor. Amora offers a real estate contract, but it is not financing, since the customer does not need to acquire the property and if they want to buy the property, they have three years to make the decision. Amora portfolio is in Sao Paulo operating with only condominium properties.