Singapore

Singapore’s ecoSPIRITS closes $10M Series A fundraise led by Closed Loop Partners

Singapore-based circular economy technology company ecoSPIRITS has raised $10 million in an oversubscribed Series A funding round, led by New York-based circular economy investment firm Closed Loop Partners.

Tenity launches XRPL Accelerator in Singapore for early-stage startups building on the XRP Ledger

Switzerland-based venture capital firm Tenity has on Tuesday announced that it has become the first program partner of the XRP Ledger (XRPL) Accelerator in Asia Pacific with the launch of a Singapore-based cohort.

Singapore’s SquareX raises $6M in seed round led by Sequoia Capital Southeast Asia

SquareX, a Singapore-based cybersecurity startup, announced Wednesday it has raised $6 million in a seed round led by Sequoia Capital Southeast Asia. SquareX will use the funds raised on research and development (R&D)-engineering and go-to-market.

Singapore TV content rights startup Allrites to go public in US after merging with Aura Spac

Allrites Holdings Pte. Ltd., a Singapore-based film and television content rights marketplace, is expected to be listed on the Nasdaq Global Market after merging with United States-listed blank check company Aura FAT Projects Acquisition Corp (AFAR).

Stripe teams up WhatsApp for in-chat payments in Singapore

Stripe, a United States-based financial infrastructure platform for businesses, has on Monday announced a partnership with messaging service WhatsApp, that allows Singapore businesses to accept payments directly in WhatsApp chats.

Carsharing supercharges EV adoption in Singapore

In the long run, shifting perceptions on EVs and greater usage through carsharing will create a multiplier effect that enhances the accessibility of EVs, increases users’ willingness to use EVs, and amplifies the demand for existing charging stations. These will culminate in greater investment by the government and EV charging partners to expand Singapore’s…

MAS imposes further additional capital requirement on DBS Bank for disruption of banking services

The Monetary Authority of Singapore (MAS) has imposed on DBS Bank Ltd (DBS Bank) an additional capital requirement, following the widespread unavailability of DBS Bank’s digital banking services on March 29 and a subsequent disruption to its digital banking and automated teller machine (ATM) services on May 5.

Singapore’s Bitdeer partners Bhutan’s investment arm to launch $500M green digital asset mining operations

Bitdeer Technologies Group (Bitdeer), a Nasdaq-listed technology company for the cryptocurrency mining community, and Druk Holding and Investments (DHI), the commercial arm of the Royal Government of Bhutan, have on Wednesday announced a strategic partnership to develop environmentally sustainable, carbon-free digital asset mining operations in the Kingdom…

Singapore’s Integra Partners closes second fund at $90M

Singapore-based early-stage venture fund Integra Partners (Integra), has on Thursday announced the final close of its second fund Integra Partners Fund II LP (Integra Partners Fund II) at $90 million. This brings the total committed capital managed by the firm to over $140 million.

Dyson to open advanced manufacturing plant for next generation batteries in Singapore

Dyson, the global technology company, has on Wednesday announced a major acceleration of its international advanced manufacturing capabilities and global research and development (R&D) footprint, with a next generation battery plant in Singapore, new R&D campuses in the Philippines and the United Kingdom.