Singapore

Singapore state investor Temasek has participated in Sweden freight mobility technology company Einride's $500 million financing. The financing includes a debt facility of $300 million and an equity contribution of $200 million to progress Einride’s global growth of offering autonomous, electric and digital shipping technology.

UnaBiz, a Singapore-based massive internet of things (IoT) service provider, closes Series B at over $50 million in an extension round led by SPARX Group. G K Goh Holdings and Optimal Investment also joined the round, and the new financing is reserved for existing investors.

Glints' announcement also came after Singapore-based recommerce platform Carousell said it is laying off 10 percent of its total headcount last week.

To ensure that the local media industry remains competitive as the international partner of choice to create premium IP, the Infocomm Media Development Authority (IMDA) in Singapore has announced the launch of a $5 million Virtual Production Innovation Fund to support the local media industry to develop capabilities needed to harness virtual production…

Singapore-based wealthcare and savings app Hugosave officially announced on Tuesday that it has become a Visa Principal Member Issuing Licensee under its parent company, Atlas Consolidated Pte Ltd. As a principal licence holder, Hugosave will now be able to issue Visa cards directly, as well as sponsor associate licences under Visa,

Wavemaker Impact, a Singapore-based climate tech venture builder, announced on Wednesday that Monique Conheady has joined as its new Venture Partner for Australia and New Zealand. With Monique leading its efforts in Australia and New Zealand, Wavemaker Impact intends to launch its first venture in the region next year.

Singapore-based private market exchange ADDX has fractionalised a venture debt fund by Innoven Capital, a joint venture between Seviora Holdings (a wholly owned subsidiary of Temasek Holdings) and UOB, bringing down the minimum subscription size for individual accredited investors to $20,000, from $5 million.

Haulio, Singapore’s largest and Southeast Asia’s fastest growing digital haulier, announced Tuesday that the company will be securing its first overseas acquisition with a controlling stake in Logol, a Jakarta-based logistics-focused technology platform.

Australia-based global fintech platform Airwallex has on Tuesday announced that Kai Wu has been jointly appointed as the company’s Chief Revenue Officer (CRO) and Asia-Pacific General Manager (APAC GM). Kai has held a number of senior positions at Airwallex for close to five years, including as Chief Financial Officer and Greater China Chief Executive…

Singapore listed enterprise technology, software and services company Silverlake Axis Ltd (SAL) has on Tuesday announced its agreement with Siam Commercial Bank (SCB) - one of Thailand’s top five banks, to power SCB’s innovative strategy of building new propositions outside of the traditional bank.