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.
May 10, 2023
News,Venture Capital,Singapore
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.
May 10, 2023
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.
May 10, 2023
News,Media / Streaming,Singapore
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).
May 9, 2023
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.
May 9, 2023
TNGlobal Insider,Opinion,Singapore,Electric Vehicles & Mobility
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…
May 8, 2023
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.
May 8, 2023
News,Asia,Singapore,Blockchain / Crypto
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…
May 5, 2023
News,Venture Capital,Singapore
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.
May 4, 2023
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.
May 4, 2023