Singapore

Singapore-based Nibertex closes $7M Series A funding round led by TNB Aura

Nibertex, a Singapore-based deep-tech manufacturing company specialising in per- and polyfluoroalkyl substances (PFAS)-free waterproof and breathable textile membranes, announced last Friday the successful closure of its $7 million Series A funding round.

Maybank: Grab could counter Uber’s exit with its own buyback

Mabybank Investment Bank foresees Grab could counter Uber’s exit with its own buyback as the latter's minority stake recycle raises concern.

Kamet Capital invests $8.4M in Singapore’s AI avatar platform TopView

Kamet Capital, a multi-single-family office headquartered in Singapore, has announced the completion of its exclusive Series A investment of approximately $8.4 million into artificial intelligence (AI) avatar platform TopView.ai (TopView) at a valuation of around $30.7 million.

IMAS, UK’s IA join MAS’ Project Guardian to drive international collaboration, innovation in digital assets

The Investment Management Association of Singapore (IMAS) and UK's Investment Association (IA) have announced their participation in Project Guardian, an international initiative led by the Monetary Authority of Singapore (MAS) to explore the potential of blockchain and asset tokenization.

Singapore’s AgnesAI surpasses 20,000 daily active users in three weeks

AgnesAI, an artificial intelligence (AI)-native collaboration platform developed by a team of researchers and engineers from the National University of Singapore (NUS), has rapidly reached over 20,000 daily active users (DAU) in under three weeks since its debut on Product Hunt.

SG Enviro secures $6M investment from Emerald Technology Ventures to drive SEA expansion

SG Enviro (SGE), a Singapore-based industrial wastewater engineering firm, announced Monday it has secured S$8 million ($6.22 million) in strategic investment led by Emerald Technology Ventures, a global climate-tech venture capital.

Schneider Electric, DSTA to collaborate on green technologies and cybersecurity

Schneider Electric Singapore and Defense Science and Technology Agency (DSTA) will be collaborating on the advancement of several green technologies through a memorandum of understanding (MOU).

Maybank sees slight concerns for Shopee in Brazil amid MELI’s competitive moves

Maybank Investment Bank has foreseen slight concerns for Singapore-based technology conglomerate Sea Ltd's e-commerce arm Shopee in Brazil amid MercadoLibre (MELI)'s several competitive moves.

Singapore’s Carro preparing for US IPO with over $3B valuation – report

The unicorn is aiming for a valuation of more than $3 billion, Reuters reported.

TransferMate receives In-Principle Approval from MAS to expand payment services in Singapore

TransferMate, a global embedded business to business (B2B) payments infrastructure as a service (IaaS) firm, announced Tuesday that its TransferMate Pte. Ltd. has received in-principle approval from the Monetary Authority of Singapore (MAS) to add account issuance, domestic money transfers and e-money issuance to its Major Payment Institution (MPI) license.