Singapore
Singtel partners Intel to launch 5G multi-access edge compute incubator
Singtel on last Friday announced its collaboration with Intel to establish a 5G Multi-access Edge Compute (MEC) incubator that will enable enterprises to adopt 5G seamlessly, deploy applications that need low latency processing at the edge, drive innovation and accelerate their digital transformation.
Singapore’s Temus makes first acquisition with Dreamcloud
Temus, a Temasek-backed Singaporean digital transformation firm, announced Thursday the completion of its first acquisition, Dreamcloud, a home-grown Singapore-headquartered system integrator.
Singapore’s DBS partners with Hong Kong’s The Sandbox to launch ‘DBS BetterWorld’
DBS, a Singapore-based financial services group, announced Friday a partnership with The Sandbox, a Hong Kong-based decentralised gaming virtual world and a subsidiary of Animoca Brands, to create DBS BetterWorld, an interactive metaverse experience showcasing the importance of building a better, more sustainable world, and inviting others to come…
Singapore’s Ninja Van invests $50M to automate parcel processing capabilities across Southeast Asia
Ninja Van Group, a Singapore-based tech-enabled express logistics company, is investing $50 million in automation technology and systems to enhance its parcel processing capabilities across its key parcel sorting hubs.
Singapore’s VerifyVASP raises $5M led by FTX Ventures at $100M valuation
VerifyVASP, a Singapore-based compliance startup, has concluded its Series A investment led by FTX Ventures at $100 million valuation. FTX Ventures, together with Peak Capital and Bcharu, have invested $5 million into the company to cement its position as the Travel Rule solution trusted by reputable digital asset businesses.
Singapore’s Tin Men Capital announces the first close of Fund II
Tin Men said in a statement that the new Fund II will continue the vision of Fund l in building on Tin Men's track record of investing in business to business (B2B) technology startups from South-East Asia. Its focus is software companies that primarily address opportunities in underserved and under-digitised industries.
Singapore’s Nektar exits stealth mode to help companies navigate the downturn by fixing CRM data leak
Revenue operations solution provider Nektar.ai is addressing the ‘CRM data leakage’ problem and has launched the general availability of its artificial intelligence (AI)-enabled revenue activity capture and intelligence solution.
Singapore’s Eezee raises $7.5M Series A round led by Ayala’s VC arm
Singapore-based procurement start-up Eezee revealed Monday that it has raised $7.5 million in its Series A round. This was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and its business units.
Singapore’s Docquity raises $44M series C round led by Itochu Corporation
Singapore-based health tech firm Docquity announced Monday that it has raised a total of $44 million in its Series C financing round, led by existing investor Japan's Itochu Corporation who invested $32 million in the round. Other investors supporting this round included iGlobe Partners, Alkemi, Global Brain, KDV and Infocom.
Singapore’s Carro achieves profitability in FY22 as revenue more than doubles
Singapore-based online used car retailer Carro achieved profitability in its last financial year (FY2022) as its revenue more than doubled to S$650 million ($463.49 million).
