Author: TechNode Global Staff
Singapore’s Carro achieves profitability in FY22 as revenue more than doubles
Singapore-based online used car retailer Carro achieved profitability in its last financial year (FY2022) as its revenue more than doubled to S$650 million ($463.49 million).
Singapore awards Taiwan’s Gogoro sandbox pilot
Gogoro Inc, a Taiwan-based battery swapping ecosystems provider announced Thursday that Singapore’s Land Transport Authority (LTA) has awarded it with a sandbox pilot to deploy and validate battery swapping as a means for next generation smart mobility. The firm is kicking off its sandbox pilot by partnering with Jardine Cycle & Carriage, a diversified…
Declout Ventures leads $4.5M investment in Charged Indonesia
Singapore-headquartered DeClout Ventures Pte. Ltd. has led a $4.5 million investment in Indonesia-focused e-mobility scale up Charged Indonesia, as part of their inaugural funding round.
Singapore’s Starboard raises $3.5M pre-series A funding led by Monk’s Hill Ventures
Starboard, a Singapore-based platform for founders to start and run their companies globally, announced Thursday its $3.5 million Pre-Series A funding round led by Monk’s Hill Ventures. Other investors for the round include Actium Partners, Iterative Capital, Bruno Poh (General Counsel, Lyte Ventures), Lelaina Lim (CFO, Eu Yang Sang International Limited),…
Singapore’s Silence Laboratories raises $1.7M seed funding led by Pi Ventures
Silence Laboratories, a web3 focused cybersecurity startup headquartered in Singapore, said Thursday it has closed a $1.7 million round in a seed funding, led by Pi Ventures. The round also included participation from web3 centric funds such as imToken ventures and prominent angels like Daniel Ari Friedman, Mahin Gupta, CK Vishwakarma, Priyeshu Garg, Ashish…
Standard Chartered and FairPrice launch Trust digital bank in Singapore
Trust Bank (known as Trust), which is backed by Standard Chartered Bank and FairPrice Group, announced Thursday its official launch as the digital bank for Singapore. Trust is the first of the nation’s new wave of digital banks and launches with a range of products for its customers, comprising a credit card, savings account and family personal accident…
Vietnamese insurtech firm Medici raises Series A funding for technology infrastructure
The emerging insurtech and healthtech platform based in Vietnam Medici has been backed with an undisclosed amount in Series A funding from its existing investors, including lead investor Jungle Ventures, Insignia Ventures Partners and Wavemaker Partners.
Grab and Singtel launch Singapore’s first digital bank
GXS Bank (GXS) which is backed by a consortium consisting of Grab Holdings (Grab) and Singtel on Wednesday launched Singapore’s first digital bank for consumers and businesses. The bank aims to revolutionise banking services for its customers by leveraging its technological capabilities and the collective power of the GXS, Grab and Singtel ecosystem.
Indonesia’s KLAR Smile bags $4.55M pre-series A funding co-led by AC Ventures and East Ventures
Klar Smile, an oral wellness startup in Indonesia, announced Tuesday that it raised a $4.5 million pre-series A funding round co-led by AC Ventures and East Ventures. Other participating investors included Venturra Discovery, and several angel investors.
Singapore’s iPiD secures $3.3M seed funding to grow industry support and senior hire
Singaporean FinTech start-up iPiD announced Tuesday a $3.3 million seed funding round by strategic investors Rapyd Ventures, Jungle Ventures, 1982 Ventures, Resolution Ventures, Saison Capital, the XA Network and Wing Vasiksiri.
