Author: TechNode Global Staff

Australian government, Singapore’s The GrowHub deepen collaboration to establish agri food tech innovation center

The GrowHub Innovations Company (The GrowHub), a Singapore-based one- stop farm-to-table solution and strategic export partner of premium agri-food products in Western Australia, said Wednesday it has inked a significant service agreement with Australian government partner Shire of Murray.

Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment

Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth.

Blockchain Association Singapore partners BNY Mellon to boost blockchain adoption

Blockchain Association Singapore (BAS) announced Wednesday that global financial institution BNY Mellon has come on board as a strategic collaborator to drive adoption and innovation in blockchain and decentralized finance.

Singapore social music creation platform BandLab raises $65M Series B funding

BandLab, a Singapore-based social music platform, announced Tuesday the close of its Series B round totaling $65 million with a post-money valuation of $315 million. The company welcomed Prosus Ventures, the venture investing arm of Netherlands-listed Prosus, which is majority-owned by Naspers (the largest shareholder of Tencent), to its list of investors.

Hong Kong’s Omnichat raises $1.8M Pre-A round funding to expand business to Southeast Asia

Omnichat, a Hong Kong-based omni-channel chat commerce solution provider, said Wednesday it has raised $1.8 million in Pre-A round funding and announced its business expansion plan to Southeast Asia. The funding will be used to finance Omnichat to further expand the business to Southeast Asia (SEA) markets, and the first stop will be Singapore, Malaysia and…

Singapore game developer Foonie Magus raises over $17M for NFT game Apeiron

Singapore-based game developer Foonie Magus said Monday it has raised over $17 million at the close of its seed round for the new play-and-earn non-fungible token (NFT) game Apeiron. According to the company,m $3 million came from preseed, $10 million from seed, and a further $4.5 million from the first round of NFT sales.

Singapore eCommerce checkout solution Arrow raises $4.8M seed funding led by Sequoia Capital India

Arrow, a Singapore-based eCommerce checkout solution, announced Tuesday a $4.8 million seed fundraise led by Sequoia Capital India and supported by Alpha JWC and Guillaume Pousaz’s Zinal Growth. High-profile angel investors such as Ooi Huey Tyng (current board member at AIG and Maxis), Steve Vickers (Chief Operating Officer at Paysend), and Hassan Ahmed…

Singapore FinTech firm Nium to acquire alternative payments network platform Socash

Nium, a Singapore-based platform for modern money movement, announced Tuesday a definitive agreement to acquire Socash, a Singapore-based alternative payments network platform. The acquisition provides Nium with the team and technology to enable multiple forms of local payment acceptance for digital commerce, especially in emerging markets.

Singapore’s Venturi Partners hits final close of $175M in maiden fund

Venturi Partners, a Singapore-based investment platform that empowers audacious brands in India and Southeast Asia, announced Tuesday that its maiden fund has hit its final close of $175 million. The platform has raised commitments from large European Union and Asian family offices, such as Peugeot Invest, Ackermans & Van Haaren and Frederic De Mevius,…