Singapore

Singapore’s Hydroleap raises $4.4M in Series A funding led by Real Tech to enter new APAC markets

Hydroleap, the next-generation green wastewater technology company headquartered in Singapore, has on Tuesday announced it has raised $4.4 million in Series A funding. The funding round was led by Japanese Venture Capital firm Real Tech Holdings, and joined by a mix of new and existing corporateinvestors such as Mitsubishi Electric, Seeds Capital, Wavemaker…

Singapore’s Thunes extends Series C funding to $72M with support from Visa, EDBI, Endeavor Catalyst

Thunes, the Singapore-based business to business (B2B) payment infrastructure platform, has on Monday announced it has extended its Series C funding to $72 million backed by three prominent investors Visa, a world leader in digital payments, EDBI, a Singapore-based global investor and Endeavor Catalyst, a San-Francisco co-investment fund of Endeavor, have…

Malaysia’s CapBay achieves profitability last year, celebrates $220M milestone in P2P financing

CapBay said it has achieved a significant milestone by providing over MYR1 billion ($220.91 million) in funding to more than 400 underserved small and medium enterprises (SMEs) in Malaysia. This is the result of successful financing through 7,600 investment notes, underscoring CapBay's commitment to empowering SMEs and offering attractive investment…

Temasek’s VC arm Vertex raises $900M in first round of new fund, plans to close in “coming months”, says CEO

Vertex Master Fund III was set up by Vertex Holdings to provide Japanese investors diversified exposure to key innovation hubs globally by investing into its Vertex family of funds

Urban solutions & sustainability dominate the 11th Lee Kuan Yew Global Business Plan competition revolutionary finalists

With the theme 'Innovations Beyond Boundaries - Reimagining a Smart, Sustainable & Resilient Future’, one of Asia’s largest university-led startup challenge empowers young founders to solve urgent global challenges through deep-tech solutions.

Singapore healthtech startup Speedoc partners Parkway Shenton to expand medical care reach

Singapore healthtech start-up Speedoc has on Wednesday announced a partnership with Singapore’s primary healthcare provider Parkway Shenton. The partnership intends to leverage Speedoc's expertise in providing hospital-level care and expand care options for patients of Parkway Shenton, extending their reach into the community while providing medical care…

Temasek reports lower net portfolio value of $285B in FY2023

Singapore investment firm Temasek has reported a net portfolio value (NPV) of SGD 382 billion ($284.61 billion) in financial year ended March 31, 2023 (FY23), a drop of 5.21 percent as compared to SGD 403 billion ($300.26 billion) in FY2022.

DBS divests majority stake in AXS to Tower Capital Asia

Singaporean financial firm DBS Bank Ltd (DBS) has on Tuesday announced that it has entered into an agreement to sell a 77.8 percent stake in its payments firm AXS Pte. Ltd. (AXS) to private equity firm Tower Capital Asia.

Malaysia’s Gentari partners Singapore’s Keppel, Semcorp for clean energy solutions in SEA

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has partnered Singaporean conglomerate Keppel and renewables player Sembcorp Industries (Sembcorp) for clean energy solutions in Southeast Asia (SEA).

Singapore IoT multi-sensing platform nami raises $10.5M Series A funding

Nami, a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things (IoT) industry, has announced the close of its Series A financing round, raising $10.5 million from strategic investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.