News

Singpore’s ProfilePrint inks commercial contracts with three of Brazil’s top food companies

ProfilePrint, a Singapore-based artificial intelligence (A.I.) agri-food tech company, has on Monday announced the signing of commercial contracts to deploy the ProfilePrint technology with three of Brazil’s largest food companies - Louis Dreyfus Company Brasil, Olam Agrícola Ltda (Brazil) and Sucafina Brasil.

Singapore’s Una Brands raises $30M in Pre-Series C Fundraise led by Northstar Group

Una Brands, the Singapore-based multi-channel e-commerce aggregator, has on Wednesday announced an additional $30 million Pre-Series C fundraise led by Northstar Group, a Southeast Asia-based private equity and venture capital fund.

Grab, GrabFood

Grab has liquidity to drive operations, says S&P Global Ratings

The stable rating outlook on Grab reflects S&P Global Ratings' view that the company will maintain sufficient liquidity to tide it through until it reaches positive EBITDA and cash flow by 2025.

Singapore’s DigiFT raises $10.5M in Pre-Series A funding led by Shanda Group

DigiFT, a Singapore-based decentralized digital asset exchange (DEX) for asset-backed tokens (STO), has on Tuesday announced that it has completed a Pre-Series A funding round, securing $10.5 million.

MRANTI, DNB, Ericsson extend MOU to boost technology clusters in MRANTI Park

The Malaysian Research Accelerator for Technology and Innovation (MRANTI), Digital Nasional Berhad (DNB) and Ericsson have on Tuesday announced the extension of their Memorandum of Understanding (MoU) to accelerate the commercialisation of 5G-enabled Science, Technology, Innovation and Economy (STIE) solutions for companies in Malaysia.

Singapore’s Blockchain Founders Fund announces final close of its $75M fund

Singapore-based Blockchain Founders Fund (BFF) has on Monday announced the final close of its Fund II at $75 million. The funding saw participation from key investors, family offices and institutions in the industry including Polygon, Ripple, Octava, NEO Global Capital (NGC), Appworks, Sebastien Borget (Chief Operating Officer of The Sandbox), GSR, LD…

Mitsui & Co. invests in U.S. based healthcare technology company Koios Medical

Mitsui & Co., Ltd. has participated as a lead investor in a Series B round financing of Koios Medical, Inc. (Koios), a U.S.-based healthcare technology and digital medicine company.

SoftBank, Ant Group seek to sell Paytm stake to reduce holding in payments firm – report

Ant Group and SoftBank have discussed selling shares in the company through a secondary stock deal, according to the report.

Tencent sets up team to develop ChatGPT-like chatbot – report

Chinese tech giants such as Baidu and Alibaba Group have already announced plans to launch their own AI chatbots and incorporate the technology into their core businesses.