Singapore

Johnson & Johnson Innovation partners Singapore Economic Development Board to transform Singapore’s life science innovation ecosystem

Johnson & Johnson International (Singapore) Pte. Ltd. has on Tuesday announced a collaboration with the Singapore Economic Development Board (EDB) to unlock innovation potential in Singapore’s life sciences ecosystem.

Funding Societies raises $27 million in debt funding from institutional investors

Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, announced on Tuesday that it has successfully raised debt of $27 million. The funding was led by Asia-focused private credit financier AlteriQ Global, with multi-family office Aument Capital Partners (ACP), and…

GovWare Conference and Exhibition to be held from Oct 17- 19 at Sands Expo and Convention Center, Singapore

GovWare Conference and Exhibition, the region's premier cybersecurity event, is gearing up to make a strong and impactful return from 17 to 19 October 2023, at Sands Expo and Convention Centre in Singapore.

Singapore’s bolttech raises $50M in Series B round led by LeapFrog Investments

Singapore-based insurtech bolttech has raised $50 million in Series B round led by impact investment firm LeapFrog Investments. The investment adds to bolttech’s recent Series B funding round, now totalling $246 million, the largest ever Series B round for an insurtech.

UnaFinancial: share of fintech in the GDP of Singapore will reach 3.56 percent in 2027

Analysts of UnaFinancial has projected that share of fintech in the gross domestic product (GDP) of Singapore will reach 3.56 percent in 2027. In 2022, 0.32 percent of Southeast Asia (SEA)’s GDP consisted of venture and other investments in the fintech industry. By 2027, this share is projected to reach 1.65 percent, growing five times.

Malaysia’s RAM partners MVGX Tech, CRM to expand ESG analytics capabilities

Malaysian credit rating agency RAM Holdings Berhad (RAM) has entered into a commercial partnership with Singapore-based carbon software-as-a-service (SaaS) company MVGX Tech (MVGX) and Malaysian advisory firm Carbon Rating Malaysia Sdn Bhd (CRM) to strengthen RAM’s environmental, social, and corporate governance (ESG) rating capabilities.

Twin Towers Ventures invests in Green Li-ion as a new strategic partner

Green Li-ion, a lithium-ion battery recycling technology company, has on Tuesday announced Twin Towers Ventures (TTV), the investment arm of Petronas Ventures, as its newest strategic partner. TTV joins other previous investors in Green Li-ion, including Singapore-based decarbonization venture capital firm TRIREC, global venture capital firm SOSV, and…

Singapore’s RegenX secures $500,000 pre-seed funding from Wavemaker Impact

Singapore-based regenerative agriculture-focused climate tech firmRegenX has secured $500,000 in Pre-seed funding from venture capital climate tech venture builder Wavemaker Impact. The firm which is already onboarding farmers and buyers on its platform, will use the fresh round of funding to accelerate its growth in the coffee space in Vietnam.

CapitaLand Investment acquires logistics property in South Korea for $82.5M

Singapore-based real estate investment firm CapitaLand Investment Limited’s (CLI) has acquired a newly completed, Grade A logistics property in South Korea for SGD 112 million ($82.5 million). The acquisition was done through its flagship regional core-plus fund, CapitaLand Open End Real Estate Fund (COREF).

KKR to acquire 20 percent stake in Singtel’s regional data center business for $800M

Singtel, Singapore-based communications technology group, and United States-based investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to SGD 1.1 billion ($800 million) for a 20 percent stake in Singtel’s regional data center business.