Singapore

Singapore’s mum-focused e-commerce brand aggregator Rainforest raises $45M in equity funding

This latest financing brings Rainforest’s total capital to over $100 million since its launch in January 2021, the company further expects to reach profitability by the end of 2022.

Singtel partners Hyundai Motor Group to develop advanced manufacturing facility of the future with 5G

The HMGICS, the first of its kind in the world, will leverage Singtel’s 5G campus network with mobile edge core solutions that will provide uninterrupted high-speed connectivity and massive bandwidth to enhance HMGICS’s high-precision quality control in manufacturing operations.

Singapore’s Nansen launches crypto-native messaging application

Nansen, a Singapore-based blockchain data analytics platform, announced Wednesday the launch of Nansen Connect, a crypto-native communications hub designed to be a nexus for high-value, high-signal interactions for Web3 natives.

J&T Express partners Foodpanda to provide next-day deliveries in Singapore

Indonesian logistics firm J&T Express has established strategic partnership with Singaporean food delivery platform Foodpanda to provide next-day deliveries for foodpanda shops in Singapore. With this partnership, over 20 merchants such as Unilever, Philips, ASUS, MAKE UP STORE and TC Acoustics will now have the option to offer next-day delivery…

TripleA announces the close of its first funding round, led by Razer’s corporate venture arm zVentures

TripleA is the first Crypto Payments Company that has earned the Digital Payment Token license from the Monetary Authority of Singapore (MAS). This allows the company to provide end-to-end cryptocurrency payment services for businesses in full compliance with global regulatory standards.

Bluesheets raises $4M as it builds automation infrastructure for businesses globally to better manage financial data and workflows

With the funding, Bluesheets looks to reach more businesses in international markets, expand the use cases of its software, and expand its global team across functions to achieve this further growth.

Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants

Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.

Singapore’s True Global Ventures closes $146M follow on fund for Web3 startup

Singapore-based venture capital firm True Global Ventures (TGV) announced Thursday its first closure of its $146 million follow on fund to invest into late stage Web3 startups. The True Global Ventures 4 Plus (TGV4 Plus) follow on fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than $62 million…

Grab buys and relaunches food site HungryGoWhere

Grab Singapore, a leading superapp in Southeast Asia, announced Wednesday that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.

Singapore’s AMILI raises $10.5M Series A round led by Vulcan Capital

AMILI, a Singapore-based precision gut microbiome company, said Wednesday it has raised$10.5 million in Series A funding to accelerate its business expansion in Southeast Asia and Greater Asia. The round was led by Vulcan Capital, the investment arm of the late Microsoft Corp co-founder Paul Allen that invests in category-leading technology, internet, and…