Singapore
Maybank sees strong momentum sustained for Sea
Maybank Investment Bank has revised up Singapore technology firm Sea's revenue/adjust earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts for FY25-27 by 6 percent to 8 percent following its strong first quarter.
Singapore’s Alternō raises Series A funding from UntroD Capital Asia, ADB Ventures
Alternō, a Singapore-based climate-tech startup, has closed its Series A funding round to accelerate the deployment of its sustainable heat technology and support its mission to eliminate 100 million tons of carbon dioxide (CO₂) emissions annually by 2030.
Malaysia’s BrioHR raises $6.5M in Series A funding led by Openspace Ventures
BrioHR, a Malaysia-based human resource (HR) tech startup, announced Wednesday that it has secured S$8.7 million ($6.5 million) in Series A funding, enhancing its ability to change the way businesses manage HR practices across Southeast Asia.
Singapore’s VFlowTech secures $20.5M in fundraising led by Granite Asia
VFlowTech, a Singapore-based energy storage solutions firm, has successfully raised $20.5 million in its latest funding round.
Sea’s revenue jumps 29.6 percent amid strong e-commerce sales
Singapore's tech conglomerate Sea Limited saw its revenue surge 29.6 percent year on year to $4.8 billion in the first quarter, underpinned by strong e-commerce growth.
Vietnam’s Bien Hoa Consumer secures funding from UOBVM for clean and green product expansion
Bien Hoa Consumer Joint Stock Company (BHC), a core subsidiary of TTC AgriS, has officially announced the successful completion of a strategic fundraising round from UOB Venture Management Pte Ltd (UOBVM) managed funds.
Partners Group to acquire Singapore-based data center platform Digital Halo as it plans $400M pan-Asian expansion
Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Digital Halo Pte. Ltd. from its existing shareholders, including ARCH Capital.
Sea opens new digital financial services headquarters in Singapore; rebrands SeaMoney to Monee
Singapore-based tech conglomerate Sea Limited announced last Thursday the opening of its new global headquarters for its digital financial services business in Singapore, alongside its rebranding from SeaMoney to Monee.
Maybank sees Grab-Gojek potential merge faces regulator risk in Singapore
While there have been numerous media reports of a potential merger between Grab and GoTo, analyst has seen a real risk of the regulator objecting to a Grab-Gojek merger in Singapore.
Bolttech, Sumitomo team up to deliver technology-enabled embedded solutions to distribution partners in Asia
Bolttech, the Singapore-based insurtech, announced Thursday its partnership with Sumitomo Corporation, a Japan-based trading houses, to deliver technology-enabled embedded solutions to distribution partners in Asia.
