News

Square Peg Fund closes fourth round at $450M

Australian VC Square Peg eyes SEA expansion with close of 4th fund at $450M

Square Peg has just announced the close of its fourth pool of venture capital with an impressive US$450 million (A$594 million). This brings its total venture capital chest to over $1 billion.

Singapore PropTech company Fraxtor

Singaporean FinTech startup Fraxtor secures over $6.75M in investments to fund 4 major projects

Fraxtor Private Limited, a digital co-investment platform specializing in real estate, has attracted over S$9 million ($6.75 million) in private investments from its community of Accredited Investors (AIs) who are mostly from Singapore and Australia

CIC announces its Digital Silk Road initiative to help boost commercial activity during the pandemic

Commodities Intelligence Centre (CIC) launches its Digital Silk Road Initiative in an effort to support Singaporean businesses amid the downturn brought about by the COVID-19 pandemic

Sea Group office and logo

Sea Group set to secure up to $2.6B through American depositary share offering

Sea Group announced its intention to offer 11M American depositary shares, which can raise $2.2 billion for the company. It also intends to give the underwriters an option to buy up to 1.65 million additional shares, which can yield an additional $300 million to $400 million for the company.

Startup specializing in lifetime learning secures six-digit Seed funding, aims to ‘help managers become leaders’

C-suite, a lifetime learning platform designed for executives, has launched its official web application to help professionals improve their knowledge, skills, and credentials.

Booming Australian logistics startup Shippit secures $22.3M Series B for Southeast Asia Expansion

The logistics startup has just finished its $22.3 million (A$30 million) Series B equity round led by Jason Lenga of Tiger Global, an American technology investment firm.

Velocity Ventures launches $20M fund for SEA startups in travel and hospitality industry

The fund, which is the first of its kind in Southeast Asia, emphasizes the themes of innovation and opportunity. The primary target recipients are small and medium enterprises (SMEs) located in Singapore.