Singapore

Singapore’s Neso Brands announces $100+M funding for eyewear brands

Singapore eyewear house Neso Brands announced on Thursday an investment of more than $100 million into eyewear brands. It will partner and invest in consumer eyewear brands around the world and grow these brands by leveraging synergies across the Lenskart Group to accelerate international expansion. Neso is an initiative of omni-channel eyewear unicorn…

Renewable energy rises to the occasion as oil & gas prices spike

Some of the venture capital firms have already started scouting opportunities to invest in renewable energy startups in the region.

Quest Ventures leads investment into BILLZ, a user-friendly retail management software for SMEs

BILLZ announced that it has raised a new round of funding from international institutional investors. The round was led by venture capital firm Quest Ventures and included participation from Sturgeon Capital, a London-based VC fund that invests in emerging markets.

Singapore’s 1982 Ventures closes oversubscribed debut $20M Southeast Asia FinTech fund

1982 Ventures, a Singapore-based early-stage venture capital firm, on Thursday announced the final close of its debut seed fund with over $20 million in committed capital. The fund was heavily oversubscribed as 1982 Ventures was targeting to raise a total corpus of $15 million.

Singapore’s Funding Societies expands financing offerings for MSMEs via Islamic FinTech facilities

Funding Societies, the Singapore-based small and medium-sized enterprise (SME) digital financing platform, on Wednesday introduced its Shariah-compliant trade financing solutions based on Commodity Murabahah (Tawarruq) for creditworthy and underserved Malaysian micro, small, and medium enterprises (MSMEs) seeking to grow their business or expand their…

Polymerize raises $4.2M in Series A funding led by Elevation Capital

Polymerize, a material informatics platform for R&D in chemical companies headquartered in Singapore, announced today that it has raised $4.2M in Series A funding led by Elevation Capital. The round also saw participation from InfoEdge Ventures who had previously invested in their Seed round.

Red Door Digital lists Reign of Terror NFTs on Fractal Marketplace

Red Door Digital, the Web 3.0-ready game studio and publisher, today announced it will be launching NFTs for its in-house developed Web3 game Reign of Terror via Fractal, the online NFT marketplace for Solana-based game assets. Founded by Twitch Co-Founder Justin Kan and Google Drive co-founder David Wurtz, Fractal shares Red Door Digital’s mission to…

Singapore metaverse UGC platform BUD raises $36.8M Series B led by Sequoia Capital India

BUD, a Singapore-based metaverse user-generated platform, announces Monday its $36.8 million Series B round led by Sequoia Capital India with participation from ClearVue Partners, NetEase and Northern Light Venture Capital. Existing investors GGV Capital, Qiming Venture Partners and Source Code Capital also participated in the round.

Singapore’s SwipeRx secures $27M Series B funding to accelerate growth across Southeast Asia

SwipeRx (formerly mClinica Pharmacy Solutions), a Singapore-based platform for pharmacies, announced Monday it has secured a Series B round of $27 million in equity and debt to accelerate growth across southeast asia (SEA). The round was led by Indonesia's MDI Ventures, with participation from global investors, Bill & Melinda Gates Foundation, Johnson…

Choco Up partners with Shoplazza to transform the financing landscape for DTC e-commerce merchants

Choco Up, a global technology and financial services platform offering revenue-based financing and growth solutions for digital merchants and startups, today announced its partnership with Shoplazza, a global e-commerce Software as a Service (SaaS) platform. Together, their collaboration will provide quick and accessible business growth funding for…