Singapore

Singapore launches AI Verify Foundation to shape the future of international AI standards through collaboration

Singapore’s Ministry for Communications and Information has announced the launch of the Artificial Intelligence (AI) Verify Foundation to harness the collective power and contributions of the global open source community to develop AI testing tools for the responsible use of AI.

Antler closes $285M emerging growth fund to back industry leaders

Singapore-based startup accelerator Antler has closed Antler Elevate, a $285 million emerging growth fund that backs the next generation of game-changing founders across 20+ technology ecosystems.

NTU Singapore, Delta Electronics set up $18M corporate lab for advanced robotic technologies

Nanyang Technological University (NTU Singapore) and Delta Electronics, a Taiwan-based provider of internet of things (IoT)-based smart green solutions, have established the SGD 24 million ($17.8 million) Delta-NTU Corporate Lab for advanced robotics.

Circle Singapore secures major payment institution license

Circle Internet Singapore Pte. Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money…

Singaporean digital private debt platform Kilde raises $1.12M seed round

Kilde, a digital private debt platform based in Singapore, announced Tuesday that it had received a $1.12 million seed round investment from Big Sky Capital, Borderless Capital, AXL ventures, Algorand Foundation, and angel investors.

Wavemaker Impact, Breakthrough Energy Ventures, GenZero, and Temasek launch new agri-tech startup Rize

Wavemaker Impact, Breakthrough Energy Ventures (BEV), GenZero, and Singapore’s Temasek have announced the launch of Rize, their new agri-tech startup to decarbonize rice cultivation in Southeast Asia and the rest of Asia.

Singapore’s Aspire hits profitability three months after closing $100M Series C funding

Just months after closing an oversubscribed $100 million Series C round, Singapore-based business to business (B2B) fintech firm Aspire announced that it has achieved profitability.

ORIGIN Conference: Planning for Southeast Asia Expansion: Markets and Opportunities

The panelists also shared how their companies are able to expand their businesses regionally, serving their customers with better solutions enabled by the Internet and higher smartphone penetration rate. They also shared their companies’ plans and strategies. They also discussed about the latest trends in their respective industries, how to navigate in the…

Singapore’s Sea Ltd winds down investment arm – report

New York-listed Sea launched Sea Capital in March 2021 with initial capital of $1 billion after buying Hong Kong's Composite Capital Management.