Singapore
Singapore’s Alchemy Foodtech raises oversubscribed $3M in extended bridge round
Alchemy Foodtech, a Singapore-based food innovation company, has raised $3million from investors including public-listed Thai President Foods, Pine Venture Partners and Selera Kapital, an investment arm of Sour Sally Group.
Singlife with Aviva launches accelerator for Insurtech startups
Singapore homegrown financial services company Singlife with Aviva has announced the launch of Singlife Connect, its accelerator programme to support and spur the growth of promising insurtech startups.
Doctor Anywhere acquires Singapore-listed Asian Healthcare Specialists, secures additional $38.8M funding
Doctor Anywhere, a regional tech-led healthcare company headquartered in Singapore, announced Wednesday that it has acquired Catalist-listed Asian Healthcare Specialists, an integrated healthcare provider in Singapore. The firm also announced a $38.8 million Series C1 financing round, an up round led by Novo Holdings, a Denmark-based international life…
Web3 sparks fundamental shift in how content is created & monetized, says BIGO Technology top executive
In the interview, Ong also shared how Web3 technologies are shared BIGO’s vision of the metaverse, some of the key trends and developments that will shape the social media and livestreaming industry in 2022 and beyond, among others.
UNO Digital Bank partners Trusting Social to offer lending services to Filipino consumers
Singapore-based fintech firms UNO Digital Bank and Trusting Social have on Monday announced a strategic partnership to unlock access to consumer lending for Filipino consumers across wide sections of society.
CGS-CIMB begins offering ADDX’s private market deals to its high-net-worth clients
Securities brokerage CGS-CIMB Singapore has switched on its connection to the private market exchange ADDX, giving all individual accredited investors on its platform access to ADDX’s offerings.
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
