Singapore

Maybank sees stable-to-improving competition in the mobility segment in Indonesia and Singapore

Maybank Investment Bank said Wednesday that it sees stable-to-improving competition in the mobility segment in Indonesia and Singapore.

Temasek-backed SeaTown invests $89M in healthcare firm AddVita

Temasek-based investment firm SeaTown Holdings International announced Wednesday its investment via SeaTown Private Capital Master Fund (SeaTown PCap Fund) in AddVita, a Singapore headquartered healthcare and life sciences distribution company.

Singapore’s Quantified Energy secures Series A funding led by Vertex Ventures Southeast Asia & India

Quantified Energy (QE), a Singapore-based deep-tech company, announced its Series A fundraise led by Vertex Ventures Southeast Asia & India on Tuesday.

StraitsX partners Ripple to launch XSGD Stablecoin on the XRP Ledger

StraitsX, a Singapore-based digital payment infrastructure provider, announced Tuesday the launch of its Singapore dollar-backed stablecoin, XSGD, on the XRP Ledger (XRPL), a decentralized layer-1 blockchain.

Singapore’s Investigate VC launches $500M global fund series

Investigate VC, a Singapore-based early-stage venture capital firm focused on high-growth startups with defensible network effects, has announced the launch of its new fund series - Fund 2 (I-III).

Proptech firm MilikiRumah launches maiden private equity fundraise of $50M

MilikiRumah, a Singapore and Indonesia social impact PropTech firm and participating general partner and manager, announced Monday the maiden private equity fundraise of $50 million for its inaugural MilikiRumah Rent-To-Own Fund 1 with a first close of $10 million.

Singapore’s Whale secures $60M to expand enterprise AI suite globally

Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million.

Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030

Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).

Brookfield acquires three high-tech business parks in first Singapore investment

Brookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state.

Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures

1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round.