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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.

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.

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…

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.

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.

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.

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.

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.