News

Singapore cultivated seafood firms UMAMI Bioworks and Shiok Meats set to merge

Singapore-based UMAMI Bioworks and Shiok Meats have announced the proposed merger of the two cultivated seafood pioneers, establishing the combined entity as a global leader in the burgeoning cultivated seafood market.

India’s Sugar.fit secures additional $5M in Series A funding led by B Capital

Sugar.fit, an India-based health-tech startup, has secured an extra $5 million in Series A funding, bringing its total Series A funding to $16 million. B Capital led the recent funding, with previous participation from MassMutual Ventures and existing investors including Tanglin Venture Partners, Endiya Partners, and Cure.Fit.

Singapore AI digital behavior aggregator SQREEM Technologies acquires Australian programmatic business Trade Indy

Singapore headquartered digital behavior aggregator SQREEM Technologies has acquired Melbourne-founded programmatic business Trade Indy, as part of their ongoing global expansion plans.

AI Singapore partners Google to enhance Southeast Asian large language model training datasets

AI Singapore (AISG) and Google Research have embarked on Project Southeast Asian Languages in One Network Data (SEALD), a research collaboration to enhance datasets that can be used to train, fine-tune, and evaluate large language models (LLMs) in languages spoken across Southeast Asia (SEA).

Rently partners The Working Capitol, Smart City Kitchens to expand rental platform in Singapore

Rently, a Singapore-based fintech startup in the property space, is partnering with co-working and lifestyle hub, The Working Capitol and ghost kitchen services provider, Smart City Kitchens to diversify their business offerings beyond residential properties.

Singapore medtech firm SynPhNe secures $5M Series A funding from Event Horizon

SynPhNe, a medtech spin-off from Nanyang Technological University, Singapore (NTU Singapore), has secured $5 million in Series A funding from Event Horizon Technologies Pte Ltd, a member of the Nadathur Group.

Singapore’s insurtech firm bolttech & stc Group forge strategic collaboration in the Middle East

bolttech’s collaboration with stc Group will provide stc’s customers with innovative, embedded device protection offerings through a technology-enabled experience, the companies said in a joint statement.

Indonesian FinTech unicorn Xendit expands to Thailand

Xendit, a unicorn startup based in Indonesia, has entered the Thai market by offering comprehensive digital payment solutions and embedded finance, aiming to enhance the growth potential of Thailand’s digital economy.

MyTukar renames to Carro, appoints Malaysian influencer Phei Yong as first brand ambassador

MyTukar powered by Carro, Malaysia’s used car ecosystem, has renamed to Carro, signifying a move that will bring more of Carro’s cutting-edge technologies, products, and services to Malaysian customers.

Singapore’s Silicon Box to invest $3.6B in new chip plant in Italy

Singapore-based semiconductor firm Silicon Box intends to invest up to $3.6 billion in new chip plant in Italy. The semiconductor assembly and test facility in Northern Italy will help meet critical demand for advanced packaging capacity to enable next generation technologies that Silicon Box anticipates by 2028.