MIT proposes a private placement of 90.44 million new units to raise a minimum gross proceeds of S$175 million (about US$129 million).
The funding is led by its parent group Frontier Car Group and joined by Toyota Tunas Indonesia.
LOGIVAN plans to implement artificial intelligence to improve its data analysis and cross-platform integration.
Musiio is an AI backed startup that discovers, curates and recommends music according to requests.
The funding is led by Japanese venture capital, Showcase Capital.
Atap.co will use the fresh capital to solidify its market presence in Malaysia, which includes developing a physical experience centre in Petaling Jaya.