Singapore

Singapore’s Frontline Industrial Software raises $700,000 in seed round led by Cocoon Capital

Singapore-based deep tech firm Frontline Industrial Software (Frontline) has on Thursday announced that it has raised a $700,000 in seed round led by Cocoon Capital to revolutionize construction planning with its proprietary simulation and optimization software.

Singapore’s Integra Partners leads $7M funding round in Germany’s CleanHub

CleanHub, the Germany-based company that stopping plastic from entering oceans, has on Wednesday announced it has raised $7 million in funding led by Integra Partners and Lakestar.

Singapore-based climate-tech company Transitry secures $600,000 Pre-Seed funding

Transitry, a Singapore-based climate-tech company, has on Wednesday announced the successful completion of its Pre-Seed funding round, securing a total of $600,000. Prominent investors, including Info Edge Ventures, Plug & Play, Antler, and angel investors has contributed to the round.

Singapore’s dtcpay raises $16.5M in Pre-Series A funding round led by Kwee Liong Tek

Dtcpay, a Singapore-based digital payments platform, on Wednesday announced it has raised $16.5 million in a pre-Series A funding round. Singapore's conglomerate family business owners and Pontiac Land Group Chairman Kwee Liong Tek led this round.

Monetary Authority of Singapore proposes standards for digital money

The Monetary Authority of Singapore (MAS) has on Wednesday published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger.

Grabmerchant, grab retail, Grab stores

Singapore’s Grab cuts 1,000 jobs to manage costs and stay competitive, says CEO

Grab's Anthony Tan said with or without the exercise, Grab is on track to hit group Adjusted EBITDA breakeven this year.

Singapore’s affable.ai collaborates with Google Cloud for influencer marketing

Affable.ai, a Singapore-based innovator in the marketing technology industry, has on Monday announced the launch of Skye – the world's first artificial intelligence (AI) companion specifically designed for influencer marketers.

FOMO Pay implements Moody’s Analytics End-to-End KYC/AML Risk Monitoring Solutions

FOMO Pay, the Singapore-headquartered major payment institution, announced Monday its implementation of Moody's Analytics know your customer (KYC) solution to monitor risk and secure compliance of its digital payments and digital banking services.

CYSummit 2023: Defining our Digital Narrative Together – Connecting Youths-in-Tech to Prepare for Our Digital Future

CYSummit 2023 is a dynamic and engaging movement that brings together young people that have an appetite for growth. As a platform, CYSummit 2023 aims to foster progress by unifying #youth through #mentorships, job skills, knowledge exchange, and #career development.

Recharge Capital launches $200M women’s healthcare fund

New York and Singapore-based private investment firm Recharge Capital has on Thursday announced the successful closure of the first tranche of its $200 million Women’s Healthcare Investment Vehicle.