Singapore

Grayscale Ventures announces the first close of its DevInfra focused micro-fund

Singapore-based venture capital firm Grayscale Ventures has on Monday announced the first close of their DevInfra and software as a service (SaaS) focused Pre-Seed fund.

Singapore’s Alchemy Foodtech expands into sugar reduction solutions

Alchemy Foodtech, a Singapore-based carbohydrates and sugar reduction food technology company has announced its expansion into sugar reduction solutions, which is now used in Subway’s cookie island-wide.

Grab to breakeven earlier than expectation after recording narrowed losses

Singapore-based superapp Grab sees the firm to breakeven earlier than expectation after it recorded narrowed losses in 2022. Grab expects its revenue to come in between $2.20 billion and $2.30 billion in 2023. It also forecast its loss before interest, taxes, depreciation, and amortization to be at between $275 million and $325 million in 2023, smaller than…

Singapore’s Willowmore secures Series A+ funding from SEEDS Capital, Oriza Greenwillow Technology Fund

Willowmore Pte Ltd, a Singapore-based smart access, internet of things (IoT) and analytics technology company, has on Thursday announced the successful completion of its Series A+ funding round. The funding round was led by Oriza Greenwillow Technology Fund, a venture capital fund set up jointly by Greenwillow Capital Management Pte Ltd, and Oriza Holdings.

GetGo raises $15M investment from Treïs to accelerate shared and sustainable mobility

GetGo Technologies (GetGo), a Singapore-based carsharing platform, has on Thursday announced a SGD20 million ($14.98 million) investment from Treïs, a family-backed investment group.

AIA Singapore partners WhiteCoat to launch digital mental health solution

AIA Singapore (AIA), the leading life insurer in employee benefits, and WhiteCoat Holdings Pte. Ltd. (WhiteCoat), Southeast Asia's leading digital health company, have partnered to provide end-to-end digital mental healthcare solutions covering mental wellbeing through to mental health therapy.

CapitaLand Investment establishes China Data Centre Development Fund with $750M investments

Singaporean investment firm CapitaLand Investment Limited (CLI) has established a China data centre development fund, CapitaLand China Data Centre Partners (CDCP). CDCP has committed to invest in two hyperscale data centre development projects in Greater Beijing, and upon completion of the projects, will add approximately S$1 billion ($750 million) to…

Singapore and India launch real-time payments

The Monetary Authority of Singapore (MAS) and the Reserve Bank of India (RBI) have on Tuesday launched the linkage between Singapore’s PayNow and India’s Unified Payments Interface (UPI).

Singapore’s ProfilePrint partners Guatemala’s Anacafé to provide digital platform to Guatemalan coffee farmers

Anacafé, the Guatemalan National Coffee Association and ProfilePrint, a Singapore-based artificial intellignece (AI) agrifood tech company, have on Monday announced an alliance to provide Guatemalan coffee farmers a digital platform to grade their coffee beans more effectively and efficiently with its cutting-edge technology, complementing the current…

Nominations for 3rd edition of 100 Women in Tech list now open

The Singapore Computer Society (SCS), in partnership with the Infocomm Media Development Authority (IMDA), have on Monday announced the third edition of the Singapore 100 Women in Tech (SG 100 WiT) list.