Singapore
Singapore’s Amber secures $300M Series C investment led by Fenbushi Capital US
Amber Group, a Singapore-based global digital asset company, announced last Friday the completion of a $300 million Series C round led by Fenbushi Capital US. The latest round also saw participation from various other crypto-native investors and family offices.
Validus secures first tranche in Series C-1 round from major East Asian strategic investors
Validus, the Singapore-based financing platform, has on Friday announced that it has secured its first tranche of funds in a Series C-1 round with new, key strategic investors NongHyup Financial Group, NorinChukin Bank, Aizawa Asset Management and Lotte F&L Singapore.
Singapore’s Digital Entertainment Asset secures $10M from LDA Capital to accelerate expansion
Digital Entertainment Asset (DEA), a Singapore-based operator of the PlayMining non-fungible token (NFT) gaming platform, announced Wednesday it has raised a $10 million investment from United States-based LDA Capital, a global alternative investment group.
Southeast Asia’s superapp Grab to implement cost cuts, cites uncertain macroeconomic situation – report
Tan said the company has been cautious with how it has spent money over the past two years, streamlining some businesses, tapering down incentives as well as slowing down hiring. These measures had helped Grab get closer to its profitability goals
Singapore’s Aktivolabs scores $10M capital commitment from Mitsui to fuel global expansion
Aktivolabs Pte Ltd, a Singapore-based health tech firm, announced Thursday that it has secured a $10 million capital injection for a Series A round led by Mitsui & Co., Ltd., Adaptive Capital Partners and SEEDS Capital, the investment arm of Enterprise Singapore.
Plugo raises $9M Series A Funding led by Altos Ventures
Plugo, a Singapore-based e-commerce platform, has raised $9 million in Series A funding ahead of its planned public launch in 2023. The round was led by Altos Ventures, along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital.
Singapore’s Casa Mia Coliving secures $1.3M strategic seed funding to accelerate expansion
Singapore-headquartered Casa Mia Coliving has on Thursday announced the successful completion of its seed round financing, raising $1.3 million from real estate and private equity veterans.
Web3 is changing the way we live, work, play and learn, according to Enjinstarter Co-Founder [Q&A]
In the interview, Enjinstarter Co-Founder and Chief Executive Officer Prakash Somosundram shared how Web3 technologies are shaping the evolution of products and services today, the key challenges Web3 platforms need to address in terms of innovation, how does Web3 complement Web2, among others.
Temasek participates Sweden freight mobility technology company Einride’s $500M financing
Singapore state investor Temasek has participated in Sweden freight mobility technology company Einride's $500 million financing. The financing includes a debt facility of $300 million and an equity contribution of $200 million to progress Einride’s global growth of offering autonomous, electric and digital shipping technology.
Singapore’s UnaBiz closes Series B at over $50M with extension round led by SPARX Group
UnaBiz, a Singapore-based massive internet of things (IoT) service provider, closes Series B at over $50 million in an extension round led by SPARX Group. G K Goh Holdings and Optimal Investment also joined the round, and the new financing is reserved for existing investors.
