Singapore

TechStorm and Original Startups Collective forge strategic alliance via metaverse-centric partnership

TechStorm, a Singapore-based media community for esports, gaming and Web3 enthusiasts, announced Friday a new partnership with metaverse startup launchpad Original Startups Collective (OSC), aimed at growing diverse metaverse entrepreneurial communities across the region. Through this collaboration, the two organizations will bring their collective…

Singapore’s The GrowHub partners Vietnam’s Society Pass to provide Australian food products

Singapore-based food and agri-tech company The GrowHub Innovations Company (The GrowHub), announced Friday that it has signed a strategic marketing partnership Memorandum of Understanding (MOU) with Vietnam-based loyalty platform Society Pass to provide agri-food products from producers in Western Australia.

Singapore’s Ordinary Folk raises $5M pre-series A round from Monk’s Hill Ventures

Ordinary Folk, a digital health technology startup based in Singapore, announced Thursday its Pre-Series A funding of $5 million by Monk's Hill Ventures. The funding will be used to accelerate hiring talent to build a differentiated CX in healthcare using tech, expand in new markets (Hong Kong and other Asian cities), while continuing to scale in Singapore.

Temasek’s Heliconia Capital invests in Crown Digital’s $3.7M Pre-Series A round

Crown Digital, the Singapore-based full-stack hardware and software tech start-up behind ELLA the robot barista, said Wednesday it has raised S5 million ($3.66 million) in a Pre-Series A round from Temasek Holdings’s Heliconia Capital Management, Momentum Ventures (SMRT), ParticleX, Leave a Nest, Gloca Link and M4ever.

Singapore’s Sunseap to develop large-scale solar energy and storage plants in Riau Islands, Indonesia

Singapore's largest clean energy solutions provider Sunseap Group has on Tuesday signed a Memorandum of Understanding (MoU) with the provincial government of Indonesia's Riau Islands to develop large-scale solar energy and storage plants that will supply electricity to the Riau Islands and Singapore.The MoU covers the availability of 3,000 hectares of land…

Singapore’s TechCreate and Diginius to merge and combine into an integrated FinTech enterprise

TechCreate Solutions Private Limited (TechCreate), a Singapore-based technology services group specialising in digital payment and digitalisation solutions, and Diginius Pte. Ltd. (Diginius), a provider for information technology (IT) security and infrastructure solutions, on Tuesday announced a merger between both companies via a share swap transaction…

Singapore FinTech platform Recur Club raises $30M seed round led by InfoEdge Ventures and Village Global

Recur Club, a Singapore-based FinTech platform facilitating non-dilutive growth capital for companies with recurring revenues, said Tuesday it has closed its $30 million seed funding round, as a combination of equity and debt allocation. The funding round was led by InfoEdge Ventures and Village Global,  with financing for the platform from marquee…

Aura FAT Projects Acquisition Corp closes $115M SPAC IPO on Nasdaq

Aura FAT Projects Acquisition Corp,a special purpose acquisition company (SPAC) focused on funding emerging technology start-ups with an acute growth potential in Southeast Asia and Australasia, announced Tuesday the successful close of its initial public offering (IPO) of $115 million.

Singapore FinTech startup Doxa secures $2M in pre-series A round

Doxa Holdings International Pte. Ltd. (Doxa), a Singapore-based fintech startup, said Monday it has successfully concluded its S$3 million ($2.21 million) pre-series A funding round from financial institutions including venture capitals, public listed and logistics corporations. Doxa plans to use the incoming funds to accelerate its traction in the built…

Ant Group to become major shareholder of Singapore payment firm 2C2P

Singapore-based payments platform 2C2P and China-based FinTech firm Ant Group announced Monday a strategic partnership to accelerate digital payment adoption and innovation. The partnership, upon completion, will see Ant Group becoming the majority shareholder of 2C2P.