News
Singapore’s Quantified Energy secures Series A funding led by Vertex Ventures Southeast Asia & India
Quantified Energy (QE), a Singapore-based deep-tech company, announced its Series A fundraise led by Vertex Ventures Southeast Asia & India on Tuesday.
May 20, 2025
News,Blockchain / Crypto,Singapore
StraitsX partners Ripple to launch XSGD Stablecoin on the XRP Ledger
StraitsX, a Singapore-based digital payment infrastructure provider, announced Tuesday the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralized layer-1 blockchain.
May 20, 2025
News,Venture Capital,Singapore
Singapore’s Investigate VC launches $500M global fund series
Investigate VC, a Singapore-based early-stage venture capital firm focused on high-growth startups with defensible network effects, has announced the launch of its new fund series - Fund 2 (I-III).
May 20, 2025
News,Vietnam,FinTech,Digital Transformation
Vietnam’s FPT, China’s Sunline form strategic partnership to accelerating digital transformation in banking sector
Vietnam-based information technology (IT) firm FPT Corporation has signed a strategic partnership agreement with China-based banking solutions and services provider Sunline to accelerating digital transformation in banking sector.
May 20, 2025
NAPAS partners Mastercard to launch Vietnam’s first co-badged card across six banks
The National Payment Corporation of Vietnam (NAPAS), in collaboration with global payment technology company Mastercard, officially announces the launch of Vietnam’s first co-badged card with six leading banks: Agribank, BIDV, TPBank, Nam A Bank, PVcomBank and Vikki.
May 20, 2025
Hong Kong’s PHASE Scientific raises $34M Series A round to advance urine-based diagnostic technology for early disease detection
PHASE Scientific International Limited, a Hong Kong-based biotechnology company, announced Tuesday the successful completion of a $34 million Series A funding round.
May 20, 2025
News,Indonesia,Singapore,PropTech
Proptech firm MilikiRumah launches maiden private equity fundraise of $50M
MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.
May 20, 2025
Singapore’s Whale secures $60M to expand enterprise AI suite globally
Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million.
May 20, 2025
MAS proposes to streamline prospectus requirements and broaden investor outreach channels for IPOs
The Monetary Authority of Singapore (MAS) is seeking feedback on proposals to streamline prospectus requirements and broaden investor outreach channels for initial public offerings (IPOs).
May 19, 2025
Arm and SoftBank contribute $15.5M to advance AI through Carnegie Mellon University’s partnership with Keio University
Carnegie Mellon University (CMU), Arm and SoftBank Group Corp. (SBG) announced last Thursday that Arm and SBG will contribute $15.5 million to CMU to support its partnership with Keio University (Keio), a collaboration to accelerate the global advancement of artificial intelligence (AI).
May 19, 2025