Singapore
Databricks closes $5B funding round at $190B valuation as revenue run-rate tops $7B
Databricks has closed a $5 billion strategic funding round at a $190 billion valuation after reporting more than 80 percent year-on-year growth and a $7 billion revenue run-rate.
Maybank sees Shopee margins bottom and enter more sustained expansion phase
Maybank Investment Bank said Wednesday that Singaporean technology firm Sea's results and its management positive expectations have reinforcing its view that Shopee margins have bottomed and are entering a more sustained expansion phase.
Marketing firm Klaviyo opens Asia headquarters in Singapore as AI reshapes shopping
The United States-based marketing software company Klaviyo has opened its Asia headquarters in Singapore with support from the Singapore Economic Development Board.
What 1,000 EV chargers reveal about making Singapore’s older condos EV-ready [Q&A]
Singapore’s EV transition is creating a new infrastructure challenge for older condominiums. MNL Solutions co-founders Lai Yuan Weng and Sathiyamoorthy Nagarajan discuss load management, MCST approvals, charger economics, and lessons from more than 1,000 deployments.
Singapore’s Graas raises $17 million Series B, acquires product-data startup Trustana
Graas, a Singapore-based retail commerce AI company, has raised $17 million in a Series B round and acquired Trustana, a Singapore-based product-data platform.
ESR, INA expand partnership on new logistics developments in Indonesia
Singapore-based real asset manager ESR, Indonesia Investment Authority (INA), and other capital partners are jointly investing in the development of two institutional-grade logistics facilities in Cikarang, Greater Jakarta, expanding their partnership and supporting Indonesia’s long-term logistics, manufacturing, and supply chain development.
Singapore-based Manus AI to leave Meta as China blocks Meta’s $2B acquisition
Manus, a Singapore-headquartered AI agent startup founded in China, will return to operating as an independent company and delete some user data, months after Chinese regulators blocked Meta's $2 billion acquisition of the startup.
Singapore’s biotechnology firm K2 Therapeutics raises $50M in seed financing from MPM BioImpact
K2 Therapeutics, a Singapore-based biotechnology company, has raised $50 million in seed financing from MPM BioImpact, the U.S. investment firm that founded the company in 2024.
Singapore greenlights 900MW of solar imports from Malaysia’s Johor in two conditional approvals
Singapore's Energy Market Authority (EMA) has granted conditional approvals to two companies to import a combined 900 MW of electricity from Peninsular Malaysia to Singapore, generated from solar and battery energy storage systems (BESS) in Malaysia's Johor.
Singapore okays Texas Instruments’ $7.5B acquisition of Silicon Labs, amid fragmented global market
Singapore's Competition and Consumer Commission (CCS) has given its nods to Texas Instruments' proposed $7.5 billion acquisition of fellow US chipmaker Silicon Laboratories, finding that the deal poses no substantial lessening of competition in Singapore or globally.
