Singapore

Singapore’s ShopBack extends oversubscribed Series F with $80M from 65 Equity Partners

Singapore-based shopping and rewards platform ShopBack announced Monday that it has entered into a subscription agreement with 65 Equity Partners for $80 million of equity capital in an extended Series F funding round.

Solar AI Technologies launches Singapore’s first ever rent-to-own solar program

Solar AI Technologies, a Singapore based tech-startup funded by global energy giant Engie Group, has recently announced that it will be launching Singapore’s first ever Rent-To-Own (RTO) solar program.

McLaren Racing launches 7-page comic NFTs on Tezos

Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore and Japanese Grands Prix happening on 2 October and 9 October respectively.

Softbank-backed Carro sees ‘many’ opportunities in Japan market; eyeing Australia, Philippines, Vietnam

Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.

Grab targets group adjusted EBITDA breakeven by second half of 2024

Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis by the second half of 2024, as it accelerates its path to profitability.

Singapore’s Una Brands raises $30M Series B funding for category and regional expansion

Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by White Star Capital and Alpha JWC Ventures.

Singapore’s HeadsUp secures $8.5M seed fund led by 645 Ventures

HeadsUp, the Singapore-based conversion engine for product led sales, announced Wednesday that it has closed $8.5 million in seed funding from top software as a service (SaaS) venture capitals, as well as operators at fast-growing SaaS companies.

DBS launches self-directed crypto trading function for accredited wealth clients

Singaporean bank DBS announced Friday that it has rolled out self-directed crypto trading via DBS digibank, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx at their convenience.

Singapore’s #dltledgers raises $6M Series B investment, crossing $70M valuation mark

Singaporean blockchain based multi enterprise supply-chain business network (MESCBN) platform #dltledgers, announced Wednesday that it has raised $8.5 million from its lead investor in a Series B funding round. This strategic round now brings the firm's valuation to well above $100 million, up from $46 million after its Series A round just over a year ago.

Singapore’s Cargobase closes growth financing round from Lufthansa Innovation Hub and Trestle Partners

Cargobase, a Singapore-based logistics software firm, said Tuesday it has raised funds from Lufthansa Innovation Hub and Trestle Partners, reinforcing their joint commitment to supply chain tech innovation and digitalisation.