Singapore

Advance Intelligence Group, a Singapore-based artificial intelligence (AI)-driven technology company, has on Wednesday announced it has raised $80 million from an investor consortium led by existing investors Warburg Pincus and Northstar Group.

Singapore-based impact private equity fund ABC Impact, together with sustainable chemical company Indorama Ventures, have led a £20 million ($24.98 million) Series B funding round in Polymateria Limited, the British company which has pioneered biotransformation technology to combat plastic pollution.

Alipay, the digital platform for payment and other digital services owned by China-base Ant Group, has on Friday reported that the total transaction value made by Chinese tourists in Singapore via its app has almost doubled in the first quarter of 2023 compared to the previous quarter (Q4 2022).

In the interview ahead of the company’s de-SPAC, CEO also shared about the challenges and opportunities as the precision oncology space, the company's immediate plan following its listing. He also shared his views on the biotech landscape in Southeast Asia and gave several suggestions for for companies, governments, and investors for the biotech industry in…

Endowus, a Singapore-based wealth management platform, has on Wednesday announced the official launch of its digital wealth management services in Hong Kong. Hong Kong is Endowus’ first overseas expansion market after Singapore.

Explico, a Singapore based edtech startup, announced Wednesday that it has successfully secured $1.4 million in pre-series A funding. Key investors include Astonic Ventures Singapore, MAVIS TUTORIAL CENTRE, which is one of the largest local tuition centres and Singapore Asia Publishers, the well-known publishing house and a few angel investors.

ZEBOX, a global accelerator gathering a network of entrepreneurs, industry leaders and ecosystem experts, has on Tuesday announced the launch of its Asia Pacific hub in Singapore.

Cosmose AI (Cosmose), a Singapore-based platform that predicts and influences how people shop offline, has on Monday announced the strategic investment from NEAR Foundation, a Web3 technologies firm based in Switzerland, valuing the company at $500 million.

Singapore’s emerging tech startup pipeline appears to be maturing to reach a ‘steady state’ with approximately 60 startups incorporated annually, but early-stage startups looking to fundraise this year may face especially challenging conditions, according to the Singapore Early-Stage Emerging Tech Startups 2022 landscape report.

AngelHack, an United States-based firm that primarily organizes and hosts hackathons for other companies, has on Monday announced the launch of hacksingapore, the nation’s annual flagship hackathon supported by the Infocomm Media Development Authority (IMDA), which will begin this May.