Singapore

Southeast Asia’s digital enabler Exabytes has on Wednesday announced the successful acquisition of APC Hosting, a Singapore-based web hosting, VPS and domain providers, as part of its market expansion strategy in Singapore.

Groundup.ai, a Singapore-based industrial artificial intelligence (AI) startup, said Thursday it has raised US$1.8 million in its seed funding round led by early-stage investor Wavemaker Partners.

The GrowHub, a Singapore-based trust and traceability technology provider for the supply chain, announced Thursday that it has closed a $3 million Pre-Series B round from a number of strategic individual investors including the company’s Chief Executive Officer and Founder Lester Chan.

Sea Limited, Singapore-based e-commerce giant, said Tuesday that its revenue rose 25.1 percent year on year to $12.4 billion in 2022, underpinned by e-commerce growth.

Singapore-based venture capital firm Integra Partners (Integra) has on Tuesday announced the launch of Win With Women, the new venture partner program supported by the United States Agency for International Development (USAID), designed to promote female participation in angel investing, venture capital and technology start-ups.

FewStones, a Singapore-based video production company, has partnered with Singapore-based crypto payments firm TripleA to offer cryptocurrency payment options for their services.

The Singapore-based ride-hailing and delivery company completed the transaction last week, bringing its debt under an outstanding term loan to $517 million, down from the previous balance of $1.117 billion. Grab also has about $200 million in other bank debt.

Endowus, a Singapore-based digital wealth platform, has launched a community impact initiative, Endowus Empower. This initiative aims to provide underrepresented, underserved, and underprivileged groups with the right tools, advice, opportunities, and community support to reach their wealth and life goals.

Sustainability-focused deep tech venture builder, Singapore Deep-Tech Alliance (SDTA) has announced Tuesday its partnership with Innovate UK, supported by Innovate UK EDGE, to launch the Innovate UK Global Incubator Programme Singapore.

FOMO Pay, a Singapore-based major payment institution, has on Monday announced its official membership in the Singapore Clearing House Association (SCHA), a prestigious organization comprising the Monetary Authority of Singapore (MAS) and elected financial institutions.