The information technology sector led AI investment activity in Asia Pacific in 2024, according to IDC, with the majority of deals targeting cloud computing, cybersecurity, SaaS platforms, data analytics, and machine learning.
“Proptech” company Lhoopa has announced the completion of its $80-million funding round, which is said to be the biggest funding round by a startup in the Philippines to date and one of the biggest raises in Southeast Asia in 2024, according to CB Insights data.
