Singapore

Singapore’s early-stage emerging tech startups saw its total funding raised dip 8 percent to $371 million in 2024 from $402 million in 2023, SGInnovate's report showed Tuesday.

Clime Capital, the Singapore-based fund manager focused on accelerating the low-carbon transition, announced Wednesday the launch of SEACEF TAF, an independent Technical Assistance Facility, to boost its impact in the region by delivering tailored strategic support alongside its investments in clean energy technologies and businesses in Southeast Asia.

Singapore-based insurtech bolttech has partnered with Harmony Auto, a Chinese automotive distributor, to launch an insurance solutions designed exclusively for BYD electric vehicle (EV) owners through Harmony Auto’s distribution channels in Indonesia.

The Singaporean sovereign wealth fund and SoftBank Vision Fund 1 are working with a financial adviser and have reached out to potential investors to gauge interest.

Singtel and Tencent Games have on last Thursday announced the launch of Honor of Kings ∙ Cloud (HoK ∙ Cloud) using Singtel’s 5G network slicing technology.

Singapore-based Gill Capital Group, which manages fashion and lifestyle brands including H&M, ALO, and On Running in Southeast Asia, has partnered with Google Cloud to launch a first-of-its-kind generative artificial intelligence (GenAI) solution.

The Monetary Authority of Singapore (MAS) announced Monday hat the Green Investments Partnership (GIP), a blended finance partnership under Singapore’s Financing Asia’s Transition Partnership (FAST-P) initiative, has achieved its first close with $510 million of committed capital from global and regional private, public and philanthropic institutions.

Greenitio, a Singapore-based startup developing functional biopolymers for cosmetics and specialty chemical applications, has raised $1.5 million in Seed funding to accelerate its path to commercial readiness.

MetaComp, a licensed cross-border foreign exchange and digital assets infrastructure provider headquartered in Singapore, and OSL Group, a Hong Kong-listed global compliant digital financial infrastructure platform, have announced a strategic partnership to foster compliant cross-border digital asset infrastructure between the two countries.

Global fintech firm IG Group Holdings plc has named Gavin Chia as Chief Executive Officer (CEO) of IG Singapore and Emerging Markets.