Singapore

Acrab, a Singapore-headquartered technology company building agentic AI compute infrastructure, has raised $130 million in a Series B round led by existing investors Vertex Ventures SEA & India and Vertex Growth.

Inchcape Plus, Singapore's BYD commercial truck dealer, has launched the BYD T35 electric light truck in Singapore, making it the first market in Southeast Asia to introduce the vehicle following its global debut at the Japan Mobility Show 2025.

TikTok Shop plans to train at least 1,000 local sellers by the end of 2027 and more than 3,000 creators by the end of 2026 for the e-commerce ecosystem in Singapore, according to a statement of TikTok on Tuesday.

Funding Societies announced Monday that it has secured a new working capital financing facility from Malaysia Debt Ventures Berhad (MDV), a subsidiary of the Minister of Finance of Malaysia, to support technology-driven and underserved Malaysian small and medium-sized enterprises (SMEs) through its platform.

Japanese technology firm Macnica, Inc has acquired a major stake in Orangeleaf Consulting Holdings Co. (OLC), a Singapore-registered, Malaysian-founded digital transformation and enterprise software consultancy with operations across Malaysia, Japan and Singapore.

Singapore-headquartered Bitdeer Technologies has signed a 16-year colocation lease and services agreement with Volta Tydal AS, a subsidiary of AI infrastructure platform Volta, to deliver 121 IT megawatts at its Tydal campus in Norway.

PCG Global, a Singapore-based clean energy platform focused on renewable energy infrastructure, has announced the closing of its Pre-Series A financing round, led by GenZero, a wholly owned Temasek platform focused on accelerating decarbonization globally.

The Singapore FinTech Association (SFA) together with industry players has on Monday launched its Payments Industry Code of Conduct.

Singapore businesses expect agentic AI to generate a return on investment of $9.8 million over the next two years, nearly double last year's estimate of $4.9 million, according to "The SAP Value of AI Report 2026" study conducted by Germany's software giant SAP and Oxford Economics.

Keppel Infrastructure Trust (KIT), managed by Singapore's Keppel Infrastructure Fund Management, has committed €34 million ($37 million) to acquire a 45 percent effective stake in a second German solar portfolio from Dutch company Enpal B.V.