Singapore

Cosmose AI (Cosmose), a Singapore-based platform that predicts and influences how people shop offline, has on Monday announced the strategic investment from NEAR Foundation, a Web3 technologies firm based in Switzerland, valuing the company at $500 million.

Singapore’s emerging tech startup pipeline appears to be maturing to reach a ‘steady state’ with approximately 60 startups incorporated annually, but early-stage startups looking to fundraise this year may face especially challenging conditions, according to the Singapore Early-Stage Emerging Tech Startups 2022 landscape report.

AngelHack, an United States-based firm that primarily organizes and hosts hackathons for other companies, has on Monday announced the launch of hacksingapore, the nation’s annual flagship hackathon supported by the Infocomm Media Development Authority (IMDA), which will begin this May.

Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap solutions and battery-as-a-service (BaaS).

Betterdata, a Singapore-based programmable synthetic data company, has raised an over-subscribed seed round of $1.65 million led by Asia-Pacific-based venture capital firm Investible.

Foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, a blockchain-based ride hailing platform in Singapore, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.

Accredify, a Singapore-based verifiable technology solutions provider, has on Thursday announced that it has raised $7 million during its Series A funding round, co-led by top venture capital firms iGlobe Partners and SIG Venture Capital.

BlueMark, a United States-based provider of independent impact verification and intelligence for the impact and sustainable investing market, has announced that it had closed its Series A funding round with $10 million in capital commitments from a diverse group of seven investors.

Singapore-based FinTech startup Volopay.Co Pte Ltd., has been granted an in-principle approval (IPA) for a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS).

Chinese multinational technology corporation Huawei announced its inaugural inclusion in Singapore’s Best Employers 2023 curated by The Straits Times and global market research firm Statista on Tuesday.