News
Wasabi Technologies completes Series D round with $15M in new funding
Wasabi Technologies, the United States-based hot cloud storage company, has on Thursday completed its Series D funding round with an additional $15 million in new equity headlined by Azura, SiS Cloud Global Tech Fund 8, and existing investors including Prosperity7 Ventures.
Temasek participates Sweden freight mobility technology company Einride’s $500M financing
Singapore state investor Temasek has participated in Sweden freight mobility technology company Einride's $500 million financing. The financing includes a debt facility of $300 million and an equity contribution of $200 million to progress Einride’s global growth of offering autonomous, electric and digital shipping technology.
Singapore’s UnaBiz closes Series B at over $50M with extension round led by SPARX Group
UnaBiz, a Singapore-based massive internet of things (IoT) service provider, closes Series B at over $50 million in an extension round led by SPARX Group. G K Goh Holdings and Optimal Investment also joined the round, and the new financing is reserved for existing investors.
India’s AlgoBulls raises $2M Pre-Series A funding led by Venture Catalysts
AlgoBulls, an India-based fully automated algorithmic trading platform and fixed-income securities distribution platform for retail market participants, has raised $2 million investment in a Pre-Series A round funding led by Venture Catalysts group, India’s integrated incubator and a leading early-stage investment platform for startups.
Singapore’s talent recruitment firm Glints lays off staff, founder says ‘truly sorry’
Glints' announcement also came after Singapore-based recommerce platform Carousell said it is laying off 10 percent of its total headcount last week.
FLOW and ALLHC launch new Philippine data center platform A-FLOW
Philippines digital infrastructure developer FLOW Digital Infrastructure (FLOW) and industrial parks developer AyalaLand Logistics Holdings Corp. (ALLHC) have on Wednesday broke ground on the land development of its first joint data center campus located in Laguna, Philippines, following the launch of A-FLOW, the joint venture partnership between FLOW and…
IMDA launches $3.7 million fund to support Singapore’s media industry to adopt virtual production
To ensure that the local media industry remains competitive as the international partner of choice to create premium IP, the Infocomm Media Development Authority (IMDA) in Singapore has announced the launch of a $5 million Virtual Production Innovation Fund to support the local media industry to develop capabilities needed to harness virtual production…
MIDA, CREST team up with Dassault Systèmes to enhance cloud-based collaboration for SME
Malaysian Investment Development Authority (MIDA) and Collaborative Research in Engineering, Science and Technology Centre (CREST) have partnered with French software company Dassault Systèmes to build Malaysia’s small and medium-sized enterprise (SME) Industry 4.0 Readiness.
Wealthcare app Hugosave acquires Visa Principal Member Issuing Licence in Singapore
Singapore-based wealthcare and savings app Hugosave officially announced on Tuesday that it has become a Visa Principal Member Issuing Licensee under its parent company, Atlas Consolidated Pte Ltd. As a principal licence holder, Hugosave will now be able to issue Visa cards directly, as well as sponsor associate licences under Visa,
