Singapore

KPay Merchant Service (Singapore), a subsidiary of fintech KPay Group, was granted a Major Payment Institution licence by the Monetary Authority of Singapore (MAS).

Drylab AI, an autonomous agent platform for life sciences research, has raised $3 million in a seed round led by Vertex Ventures Southeast Asia & India, with participation from PatSnap.

US-based AI company Anthropic announced Wednesday it is expanding its Asia-Pacific operations by opening a new office in Singapore — its fifth in the region—and signed a Memorandum of Understanding (MOU) with the Singapore Ministry of Digital Development and Information.

Antares Ventures, a Singapore-based deep-tech venture capital firm, has secured more than $50 million in commitments for its first fund at a second close, an interim closing at which additional investors join.

Singapore battery recycler NEU Battery Materials has raised $7.6 million and commissioned a 1,300-tonne-per-year LFP recycling plant in Tuas.

OPSWAT, a cybersecurity company focused on protecting critical infrastructure, and Singapore's Institute of Technical Education (ITE) will jointly strengthen operational technology (OT) cybersecurity education in Singapore.

CloserStill Media's Andy Kiwanuka discusses power constraints, data centers, regulation, regional collaboration and cybersecurity as Asia scales AI infrastructure.

Diginex shareholders approved the $1.05 billion all-stock acquisition of Singapore-based Resulticks, but Nasdaq and other conditions remain outstanding.

According to a statement, the program connects businesses with curated and market proven AI-enabled solutions for SMEs in the Retail, Wholesale and Food & Beverage sectors that address areas such as customer engagement, sales follow-up, finance and administrative processes, retail analytics and market intelligence. The program will expand to include…

ST Engineering plans to open a Singapore center in early 2027 to assess and strengthen autonomous vehicles, drones, robots and cyber-physical systems.