Singapore

Singapore-based used car marketplace Carro, has launched Carro Certified, a technology-backed stamp of assurance certification for their used cars across all key markets, including Singapore, Indonesia, Malaysia, Thailand and Taiwan.

United States-based crypto platform Anchorage Digital announced on Wednesday its expansion to Asia, with notable institutional partners including Bitkub, Dream Trade, FBG Capital, GMO-Z.com Trust Company, IOSG Ventures, and Antalpha, which have selected Anchorage Digital custody and bespoke offerings to safely participate in digital assets.

ADVANCE.AI, a Singapore-based artificial intelligence (AI) and big data company in Asia, is partnering with Visa to strengthen better credit decisioning to help unbanked and underbanked segments get access to credit across Southeast Asia.

Singapore-based shopping and rewards platform ShopBack announced Monday that it has entered into a subscription agreement with 65 Equity Partners for $80 million of equity capital in an extended Series F funding round.

Solar AI Technologies, a Singapore based tech-startup funded by global energy giant Engie Group, has recently announced that it will be launching Singapore’s first ever Rent-To-Own (RTO) solar program.

Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore and Japanese Grands Prix happening on 2 October and 9 October respectively.

Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.

Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis by the second half of 2024, as it accelerates its path to profitability.

Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by White Star Capital and Alpha JWC Ventures.

HeadsUp, the Singapore-based conversion engine for product led sales, announced Wednesday that it has closed $8.5 million in seed funding from top software as a service (SaaS) venture capitals, as well as operators at fast-growing SaaS companies.