Singapore
Singapore’s VerifyVASP raises $5M led by FTX Ventures at $100M valuation
VerifyVASP, a Singapore-based compliance startup, has concluded its Series A investment led by FTX Ventures at $100 million valuation. FTX Ventures, together with Peak Capital and Bcharu, have invested $5 million into the company to cement its position as the Travel Rule solution trusted by reputable digital asset businesses.
Singapore’s Tin Men Capital announces the first close of Fund II
Tin Men said in a statement that the new Fund II will continue the vision of Fund l in building on Tin Men's track record of investing in business to business (B2B) technology startups from South-East Asia. Its focus is software companies that primarily address opportunities in underserved and under-digitised industries.
Singapore’s Nektar exits stealth mode to help companies navigate the downturn by fixing CRM data leak
Revenue operations solution provider Nektar.ai is addressing the ‘CRM data leakage’ problem and has launched the general availability of its artificial intelligence (AI)-enabled revenue activity capture and intelligence solution.
Singapore’s Eezee raises $7.5M Series A round led by Ayala’s VC arm
Singapore-based procurement start-up Eezee revealed Monday that it has raised $7.5 million in its Series A round. This was led by Ayala Corporate Technology Innovation Venture Fund (ACTIVE Fund), one of Southeast Asia’s top corporate venture capital firms backed by Ayala Corporation and its business units.
Singapore’s Docquity raises $44M series C round led by Itochu Corporation
Singapore-based health tech firm Docquity announced Monday that it has raised a total of $44 million in its Series C financing round, led by existing investor Japan's Itochu Corporation who invested $32 million in the round. Other investors supporting this round included iGlobe Partners, Alkemi, Global Brain, KDV and Infocom.
Singapore’s Carro achieves profitability in FY22 as revenue more than doubles
Singapore-based online used car retailer Carro achieved profitability in its last financial year (FY2022) as its revenue more than doubled to S$650 million ($463.49 million).
Li Ka-shing-funded Horizon Ventures ‘sees gold’ in Southeast Asia – report
The investment firm has set up a Singapore office earlier this year. Its notable exits include include Meta, Razer, and Zoom, data platform Crunchbase showed.
Singapore’s Starboard raises $3.5M pre-series A funding led by Monk’s Hill Ventures
Starboard, a Singapore-based platform for founders to start and run their companies globally, announced Thursday its $3.5 million Pre-Series A funding round led by Monk’s Hill Ventures. Other investors for the round include Actium Partners, Iterative Capital, Bruno Poh (General Counsel, Lyte Ventures), Lelaina Lim (CFO, Eu Yang Sang International Limited),…
Singapore’s Silence Laboratories raises $1.7M seed funding led by Pi Ventures
Silence Laboratories, a web3 focused cybersecurity startup headquartered in Singapore, said Thursday it has closed a $1.7 million round in a seed funding, led by Pi Ventures. The round also included participation from web3 centric funds such as imToken ventures and prominent angels like Daniel Ari Friedman, Mahin Gupta, CK Vishwakarma, Priyeshu Garg, Ashish…
Standard Chartered and FairPrice launch Trust digital bank in Singapore
Trust Bank (known as Trust), which is backed by Standard Chartered Bank and FairPrice Group, announced Thursday its official launch as the digital bank for Singapore. Trust is the first of the nation’s new wave of digital banks and launches with a range of products for its customers, comprising a credit card, savings account and family personal accident…
