Singapore

Catcha Investment Corp 2.0 withdraws $250M IPO

Catcha Investment Corp 2.0 intends to focus its search on a target with operations or prospective operations in the technology, digital media, financial technology, or digital services sectors, which it refers to as the “new economy sectors”, across Asia Pacific, in particular Southeast Asia and Australia, according to its prospectus.

Singapore’s ST Engineering Ventures invests $3.13 million in United Kingdom’s Skyports

Skyports, the United Kingdom-based advanced air mobility (AAM) vertiport infrastructure and drone services provider, said Tuesday it has completed the final close of its Series B capital raise with fresh investment of $3.13 million from ST Engineering through its Corporate Venture Capital unit, ST Engineering Ventures.

Digital Treasures Center secures licence to provide digital payment token and other payment services in Singapore

The Monetary Authority of Singapore (MAS) has granted Singapore-based enterprise payment service provider Digital Treasures Center (DTC) the major payment institution (MPI) licence. Securing the full licence means DTC has exited from the exemption status and is now a fully regulated provider of Digital Payment Token (DPT) and other payment services under…

Singtel to invest an additional $100M into innovative technology start-ups through Singtel Innov8

Singapore telecommunications firm Singtel announced Tuesday its plan to invest a further $100 million into Singtel Innov8, its corporate venture arm, raising its total capital commitment to $350 million. With the capital injection, Innov8 will further expand its portfolio of investments in Southeast Asia, United States, China, Israel and Australia.

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Singapore’s OrBit Markets raises $4.6M funding led by Matrixport

OrBit Markets, a Singapore-based institutional liquidity provider in crypto options and structured products, said Sunday it has raised $4.6 million in an angel funding round led by Matrixport, a leading digital assets financial services ecosystem. It also saw participation from Brevan Howard Digital, New Form Capital, Maven 11 and Westridge Markets in this…

Singapore’s 99 Group raises $52M Series C to expand in Southeast Asia

99 Group, a Singapore-based online property platform, has raised $52 million in a Series C round led by Gaw Capital Partners, more than doubles its total capital raised to over $80 million. This includes $37 million which is completed at the first close and a further $15 million to be raised over coming months, of which majority has already been committed.

Singapore’s Insignia Ventures raises $516M for third fund

Singapore-based venture capital firm Insignia Ventures Partners announced Monday the close of its latest funds totalling $516 million. This includes $388 million for the main fund IVPF III, $28 million for an Entrepreneurs’ pool that invests alongside the main fund and Annex Fund I at $100 million. These funds will focus on early-stage technology…

PSB Academy expands its City Campus with S$10 million high-tech STEM Wing

PSB Academy announced on Friday plans to launch PSB Academy City Campus: STEM Wing, an expansion of its City Campus in Marina Square.

Stripe and Saison Capital team up on new insights programme for Southeast Asia’s startups

Singapore-based venture capital firm Saison Capital will be introducing to its portfolio companies a new insights program in collaboration with Stripe, a United States and Ireland-based financial infrastructure platform for businesses.

Singapore’s Circles Global acquires Pareteum to accelerate growth in global digital telco SaaS market

Singapore telco Circles Global announced Thursday it has completed the acquisition of the Mobile Virtual Network Enabler (MVNE) business of Pareteum, a US-based cloud software communications platform company with operations in multiple regions around the world.