Singapore

Malaysia-based cyber security firm LGMS Berhad has completed the MYR 22.68 million ($5.66 million) acquisition of 3.09 million or 27 percent shares in advanced cyber defense technology company Antarex Holdings Sdn Bhd.

Singapore Management University (SMU) announced Tuesday the launch of the Resilient Workforces Institute (ResWORK), a new university-level research institute advancing workforce resilience and lifelong learning amid accelerating technological change.

The Minister for Digital Development and Information of Singapore Josephine Teo has announced the launch of the new Model AI Governance Framework (MGF) for Agentic AI, at the World Economic Forum (WEF) on Thursday.

Alibaba Cloud, the digital technology and intelligence firm of Alibaba Group, announced Friday a major expansion of its global partner ecosystem strategy for 2026, building on the momentum of its Partner Rainforest Plan.

Level3AI, a Singapore-based artificial intelligence (AI)-native company, announced Thursday it has raised $13 million in seed funding led by Lightspeed, with participation from BEENEXT, 500 Global, Sovereign’s Capital, and Goodwater Capital.

Upscale AI, Inc., a global artificial intelligence (AI) networking infrastructure company, announced Wednesday a $200 million Series A financing led by Tiger Global, Premji Invest, and Temasek-backed Xora Innovation.

Thunes, the Singapore-based payment, announced Thursday the launch of faster, more reliable, and more transparent payments into China’s mainland following a deepened collaboration with UnionPay International (UPI).

Toku Ltd., a Singapore-incorporated artificial intelligence (AI)-powered customer experience (CX) platform, announced Wednesday the successful close of its initial public offering, raising S$16.25 million ($12.65 million) at S$0.25 per invitation share.

Everstone Capital, the Singapore-headquartered private equity arm of the Everstone Group, announced Tuesday that VWO and AB Tasty, two firms in the optimization space, have entered into an agreement to combine.

Singapore has partnered with Shenzhen to trial the first cross-border data validation platform linking China and Singapore, marking a significant advancement in future digital infrastructure cooperation between the Greater Bay Area and ASEAN nations.