Singapore
Singaporean startup Solar AI Technologies raises $1.5M to hyperscale solar
Singapore-based startup Solar AI Technologies, has recently closed its $1.5 million seed round led by Earth Venture Capital. Solar AI Technologies on Wednesday said that the round also saw participation from Undivided Ventures, Investible and climate-tech angel investor David Pardo.
August 24, 2023
Singapore’s Neurowyzr raises additional $2.1M in seed funding co-led by Jungle Ventures and Peak XV’s Surge
Neurowyzr, a Singapore-based healthtech company specializing in enhancing brain health and developing state-of-the-art technologies to mitigate early brain decline, has raised an additional $2.1 million in an oversubscribed seed round. The round, jointly led by Jungle Ventures and Peak XV’s Surge (formerly Sequoia India and Southeast Asia), with…
August 24, 2023
Singapore’s FlashIntel raises $10M in seed and angel investment
FlashIntel, a Singapore-based go-to-market intelligence platform, has announced a successful $10 million raise in its recent seed and angel investment phase. Notable investors backing this round include Celtic House Venture Partners, Uphonest Capital, and Hat-Trick Capital.
August 24, 2023
Singapore’s ZTX attracts $13M in funding to propel Web3 creator infrastructure
Singapore's Web3 virtual world and creator platform ZTX has successfully closed its $13 million seed round led by Jump Crypto. Notable investors also included Collab+Currency, Parataxis, MZ Web3 Fund, Everest Ventures Group and others.
August 18, 2023
CapitaLand Ascendas REIT completes acquisition of fifth data center in the United Kingdom for $147M
CapitaLand Ascendas REIT Management Limited, as the manager of CapitaLand Ascendas REIT (CLAR), has announced the completion of the acquisition of a high-specification Tier III colocation data center facility in the United Kingdom for SGD 200 million ($147.49 million) from an unrelated global data center operator.
August 18, 2023
News,Electric Vehicles & Mobility,Singapore
Singapore’s Beep raises seed round from GGV Capital and Wing Vasiksiri
Beep, a Singapore-based internet of things (IOT) transaction platform startup has successfully completed its seed round, with GGV Capital and Wing Vasiksiri as the lead investors. The round saw additional participation from NUS Technology Holdings (a fully owned subsidiary of NUS), SUTD Venture Holdings, XANetwork, and other prominent angel investors.
August 18, 2023
News,FinTech,Singapore,eCommerce
Singapore’s SEA reports higher revenue and profit in the second quarter
Singapore-based tech conglomerate Sea Limited has reported higher revenue and profit in the second quarter, underpinned by improved e-commerce businesses. The group's total revenue for the second quarter rose 5.2 percent year on year to $3.1 billion. It posted a total net income of $331 million in the second quarter, as compared to total net loss of $931.2…
August 16, 2023
US’s Payoneer secures major payment institution license from Singapore
Payoneer Singapore Private Limited, a subsidiary of United States-listed FinTech firm Payoneer Global Inc., has been granted a major payment institution license from the Monetary Authority of Singapore (MAS). The license will enable the firm to enhance the breadth of its products and roll out several new services in Singapore, especially in the areas of…
August 16, 2023
Atome renews $100M debt facility with HSBC Singapore for Philippine market expansion
Singapore FinTech firm Atome Financial has on Wednesday announced it has renewed and expanded its $100 million debt facility with HSBC Singapore to include the Philippines market, as well as support new consumer financing products.
August 16, 2023
Singapore’s multi-currency e-wallet YouTrip launches Apple Pay
Singapore’s multi-currency e-wallet YouTrip has rolled out Apple Pay integration, providing users a more seamless way to pay for in-store purchases, online transactions and public transport.
August 15, 2023