Singapore
RFI : Singapore sees more rapid growth in the percentage of heavy digital users as compared to Hong Kong
While Singapore and Hong Kong are seen as global epicenters for technology and finance, RFI Global said that Singapore has seen more rapid growth in the percentage of heavy digital users.
Singapore’s InterContinental Energy secures $115M funding from GIC and Hy24
InterContinental Energy, a Singapore-based company committed to delivering green hydrogen at scale, has raised $115 million in equity investment. The firm announced its next phase of growth following continued strategic equity investment from GIC, a global institutional investor, and a new investment from Hy24, the world’s largest clean hydrogen pureplay…
China’s Ant Group expands Singapore presence and launches Ant International Foundation
Ant Group, an affiliate company of the Chinese conglomerate Alibaba Group, has on Thursday unveiled its new Singapore office as home to its various international business and technology segments, including Ant International.
Thailand insurance firm Roojai completes DirectAsia acquisition
Roojai, a Thailand-based online insurance company, has on Wednesday announced that it has completed the acquisition of Singapore-based insurance firm DirectAsia group. Roojai has entered into an agreement to acquire DirectAsia group from Hiscox.
Temasek-backed True Light raises $3.3B to invest in Greater China
Temasek-backed unit True Light Capital Pte. Ltd. (True Light) has on Thursday announced the final closing of its first flagship fund, True Light Fund I. The fund was closed at $3.3 billion, with capital commitments from global investors, including sovereign wealth funds, foundations, financial institutions, and family offices.
Automera secures $16M in Series A funding co-led by ALSP, ClavystBio
Automera, a new biotechnology company based in Singapore, has secured $16 million in Series A funding co-led by Accelerator Life Science Partners (ALSP) and ClavystBio. The funding also saw participation from Singapore-based global investor EDBI, Xora Innovation, and other undisclosed investors.
Johnson & Johnson Innovation partners Singapore Economic Development Board to transform Singapore’s life science innovation ecosystem
Johnson & Johnson International (Singapore) Pte. Ltd. has on Tuesday announced a collaboration with the Singapore Economic Development Board (EDB) to unlock innovation potential in Singapore’s life sciences ecosystem.
Funding Societies raises $27 million in debt funding from institutional investors
Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, announced on Tuesday that it has successfully raised debt of $27 million. The funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP), and…
GovWare Conference and Exhibition to be held from Oct 17- 19 at Sands Expo and Convention Center, Singapore
GovWare Conference and Exhibition, the region's premier cybersecurity event, is gearing up to make a strong and impactful return from 17 to 19 October 2023, at Sands Expo and Convention Centre in Singapore.
Singapore’s bolttech raises $50M in Series B round led by LeapFrog Investments
Singapore-based insurtech bolttech has raised $50 million in Series B round led by impact investment firm LeapFrog Investments. The investment adds to bolttech’s recent Series B funding round, now totalling $246 million, the largest ever Series B round for an insurtech.
