Singapore

Apar Technologies boosts AI powered data analytics capabilities with strategic investment in BigTapp Analytics

Apar Technologies, a global software services and consulting company headquartered in Singapore, has on Wednesday announced its strategic investment in BigTapp Analytics, a Singapore-based data analytics services and solutions provider powered by artificial intelligence (AI).

Singapore’s MPFunds secures $1.1M in Pre-Seed funding to scale and expand into wider APAC region

Singapore-based funded trader program MPFunds, has announced a successful pre-seed funding round amounting to SGD 1.5 million ($1.11 million) secured from a prominent Singaporean angel investor from the region’s software and information technology (IT) industry.

Singapore Deep-Tech Alliance announces revamped venture building program for SDTA24 cohort

Sustainability-focused deep-tech venture builder, Singapore Deep-Tech Alliance (SDTA) has on Monday announced the launch of its revamped venture building program for its third cohort at the annual Sustainable Innovation Asia 2023.

Salary cut for Temasek’s investment team, senior management over failed bet on FTX

"With FTX, as alleged by prosecutors and as admitted by key executives at FTX and its affiliates, there was fraudulent conduct intentionally hidden from investors, including Temasek. Nevertheless, we are disappointed with the outcome of our investment, and the negative impact on our reputation," Temasek said.

Singaporean precision gut microbiome firm AMILI raises new funding led by East Ventures

AMILI, a Singapore-based precision gut microbiome company, has on Monday announced that it has secured new funding from venture capital firm East Ventures. The fresh funds will be allocated towards expanding operations into Indonesia with the primary focus on addressing prevalent gut health issues using scientific approaches adapted to the Indonesian…

Singapore’s Insider announces $105M investment led by QIA to accelerate M&A-focused strategy

Singapore-based marketing platform Insider has on Wednesday announced an investment of up to $105 million from existing investors, Qatar Investment Authority (QIA) — and Esas Private Equity.

Mapletree Industrial Trust enters Japan with $370M data center acquisition in Osaka

Mapletree Industrial Trust Management Ltd., as manager of Singapore-based Mapletree Industrial Trust (MIT), has announced the acquisition of a newly built data center in Osaka, Japan through the purchase of the trust beneficial interest at a purchase consideration of JPY 52 billion ($370 million).

Lazada unveils eCommerce AI Chatbot LazzieChat in Southest Asia

Singapore-based e-commerce operator Lazada Group has released LazzieChat, the first eCommerce artificial intelligence (AI) chatbot of its kind in Southeast Asia powered by OpenAI ChatGPT technology in Azure OpenAI Service.

MoneyHero plans to go public via merger with Bridgetown

CompareAsia Group Capital Limited (MoneyHero), a Singapore and Hong Kong-based financial products platform, is planning to go public in partnership with Bridgetown Holdings Limited, a special purpose acquisition company formed as a collaboration between Pacific Century Group and Thiel Capital LLC.

Singapore’s ZUZU Hospitality raises $9M in oversubscribed Series B round led by SoftBank Ventures Asia

ZUZU Hospitality Solutions Pte. Ltd., a Singapore-based revenue platform provider for independent hotels, has on Thursday announced the successful completion of an oversubscribed $9 million Series B round led by SoftBank Ventures Asia.