Singapore

With the new capital raised, Pi-xcels will accelerate its global expansion by strengthening its footprint in Europe, Japan, Southeast Asia, and venturing into the US market. The funds will also support the company’s efforts to expand partnerships and enhance its proprietary NFC-based technology.

The acquisition will also foster closer partnerships with existing V-livers, providing them with guidance to build unique identities that are crucial for the success of IP development.

With headquarters in Vietnam and registration in Singapore, Eragon views the Philippines as a key market for its next phase of growth. The country’s vibrant gaming community, combined with its accelerating adoption of blockchain technologies, positions it as an ideal destination for expansion.

The funding round, led by Vynn Capital, attracted several new investors, including MOAJ Holding, a Saudi investment company; Frank Phuan; TNB Aura, a Singapore-based venture capital firm participating through its Scout Initiative; and Ciri Ventures, a climate tech-focused venture capital firm.

Toku, a Singapore-based provider of enterprise cloud communications and customer experience solutions, announced Thursday the successful completion of a $5 million Series A extension round led by Betatron Venture Group.

Merck, a global science and technology company, and Digital Trust Centre (DTC) at Nanyang Technological University, Singapore (NTU Singapore) are collaborating to pioneer a new digital trust technology designed to enable secure, automated, traceable and efficient digital processes.

Singapore-based cryptocurrency exchange Crypto.com and cryptocurrency payment firm Triple-A have announced a strategic partnership that will provide Crypto.com’s global customer base access to a diverse range of new global merchants.

Singaporean telecommunications firm Singtel and Swedish multinational networking and telecommunications company Ericsson have on Thursday announced a partnership to deploy 5G advanced connectivity solutions at Tuas Port in Singapore.

Podium, a Singapore cloud-based digital platform, has on Thursday announced the successful first close of its Series A-1 funding round, raising S$20.4 million ($15.2 million).

Singapore-based digital bank GXS Group announced Wednesday that it is on track to launch its business banking solutions in the first quarter of 2025, after launching its retail banking services successfully.