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News,FinTech,Singapore,Investments
Singapore Finbots.AI raises $3M from Accel in Series A round
Finbots.AI, a Singapore-based FinTech firm, announced Thursday it has raised $3 million in a Series A round from Accel. The funds will be used towards accelerating product enhancement, marketing and sales, and customer support besides recruiting of senior talent and team expansion across its offices.
April 28, 2022
Grab, NCS to pilot autonomous vehicle robot food delivery service in Singapore
Singapore-based super app Grab and technology services firm NCS, with the support of Sentosa Development Corporation, have teamed up to pilot an autonomous vehicle (AV) robot food delivery service designed to serve guests on Sentosa’s beaches and food and beverage (F&B) merchants along Siloso Beach.
April 28, 2022
News,Asia,Singapore,Transportation
Singapore e-scooter operator Neuron Mobility raises $43.5M to fuel rapid international expansion
Neuron Mobility, a Singapore-based shared e-scooter and e-bike operator, announced Wednesday it has successfully raised $43.5 million in Series B funding, follows 19 months of significant growth and brings the company’s total funding to $77.7 million. The investment round was co-led by global venture firms GSR Ventures and Square Peg. Also joining the round…
April 28, 2022
News,Investments,Vietnam,Transportation
Vietnamese electric motorbike startup Dat Bike raises $5.3M in Series A led by Jungle Ventures
Dat Bike, a Vietnamese electric motorbike startup, announced Thursday a $5.3 million Series A fundraise led by Jungle Ventures with participation from existing investor Wavemaker Partners, bringing the total fundraise by the company since inception to $10 million.
April 28, 2022
News,Asia,Blockchain / Crypto,Singapore,eCommerce,Indonesia
Singapore’s Adgorithmics partners South Korea’s Klaytn Foundation to launch NFT-based loyalty program
Singapore algorithms e commerce firm Adgorithmics and South Korea blockchain platform Klaytn Foundation announced Thursday a partnership to utilize non-fungible tokens (NFTs) for an e-commerce incentive system and customer loyalty program through the MetaGachas platform.
April 28, 2022
Asia,Investments,Venture Capital
US-based MassMutual Ventures announces new $300M fund for Europe & APAC
United States-based MassMutual Ventures (MMV) announced Wednesday that its Asia-Pacific (APAC) and Europe team has launched a new fund of $300 million to invest in early and growth-stage companies in digital health, financial technology, enterprise software as a service (SaaS), and cybersecurity.
April 27, 2022
News,Asia,HealthTech,Singapore,Investments
Singapore’s healthtech startup Biofourmis turns unicorn after raising $300 million Series D investment
Biofourmis, a global leader in virtual care and digital medicine, announced Tuesday it has surpassed unicorn status with a $300 million Series D investment led by leading global growth equity firm General Atlantic. CVS Health and existing investors also participated in the round, which will help fuel the company's next phase of growth.
April 27, 2022
News,Blockchain / Crypto,Singapore
Blockchain Association Singapore partners BNY Mellon to boost blockchain adoption
Blockchain Association Singapore (BAS) announced Wednesday that global financial institution BNY Mellon has come on board as a strategic collaborator to drive adoption and innovation in blockchain and decentralized finance.
April 27, 2022