Image via GNW — Singapore & Southeast Asia
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Fere AI: Capital Raising
Fere AI raised $1.3M to develop self-improving trading agents for financial markets, starting with digital assets
Source: GNW — Singapore & Southeast Asia
The leadership read
Fresh capital usually broadens artificial intelligence leadership bench strength — scale, go-to-market and operational depth — rather than any single appointment.
Market context: MitchelLake's Talent Market Index sits at 111.1 (Hot), up 5.2 on the prior month; Asia hiring signal is running rising (+3.7pts).
Fere AI: 1 signal in the last 90 days — in line with the Artificial Intelligence median of 1 across 93 tracked companies; 0.1% of MitchelLake's Asia signal flow.
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More signals across Artificial Intelligence
Capital Raising · Asia
Turing →Turing completed Series A funding extension round, raising ¥12.62 billion (¥6.82B equity + ¥5.8B debt) to add to first close of ¥15.27B in November 2025, for total Series A of ¥27.89B. Investors include AMD Ventures, BIPROGY, Mitsubishi Corporation, MUFG Bank, and others. Capital supports development of fully autonomous driving system.
Capital Raising · Asia
Manus AI →Singapore-based agentic AI startup seeking $1bn raise to buy itself out of blocked Meta $2bn+ acquisition after Chinese regulatory intervention
Capital Raising · Asia
Featherless AI →Featherless AI secured funding to make open-source AI models viable at enterprise scale, accelerating core mission of practical, reliable AI at scale.
Product Launch · Asia
Z.ai →Z.ai (formerly Zhipu AI) launched ZCode, a free agentic development environment competing with Cursor, Claude Code, and GitHub Copilot. The tool is purpose-built for GLM-5.2 LLM and offers aggressive pricing ($16.20–$144/month) undercutting competitors. Available on macOS, Windows, Linux with BYOK support and integrations with WeChat/Feishu for remote task steering.
Geographic Expansion · Asia
Vertiv →Vertiv has launched a manufacturing facility in Johor, Malaysia (operational since Q1 2026) and expects to reach technical production capacity by Q2-Q3 2027. Facility is ramping from 15-20% current capacity; planning three phases of expansion. Expected to create up to 500 skilled jobs and serve Malaysia, Australia, and South Korea markets.
Product Launch · Asia
HIVE →HIVE, an AI-powered healthcare intelligence platform, was launched by a Chennai-based epidemiologist. The platform integrates multiple evidence sources and clinical judgment to deliver verified, explainable healthcare intelligence tailored to individual patients.
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