Singapore
Quest Ventures and raiSE launch accelerator for socially impactful enterprises
Quest Ventures and the Singapore Centre for Social Enterprise (raiSE) said Tuesday they have launched Asia’s first venture capital-backed accelerator programme to provide financial and non-financial support to seed-stage start-ups in the sustainable impact sector, aimed at improving competencies and providing access to regional and global markets.
Singapore’s TiTi Protocol secures $3.5M led by The Spartan Group to build the first use-to-earn algorithm stablecoin
TiTi Protocol, a Singapore-based multi-asset reserve stablecoin, on Tuesday announced a successful fundraising round of $3.5 million, led by The Spartan Group. The round also saw the participation from SevenX Ventures, Incuba Alpha, DeFi Alliance, Agnostic Fund, Fourth Revolution Capital (4RCapital), Solidity Venture, and other institutions, as well as…
Singapore’s ZA Tech invests in Indonesia first Sharia digital bank Aladin Bank
ZA Tech Global Limited (ZA Tech), a Singaporean technology venture founded by ZA International and backed by Softbank’s Vision Fund 1, has become the latest strategic partner to collaborate with Aladin Bank as an investor and a business partner, and is fully committed to strengthening Aladin Bank’s ecosystem.
Singapore’s GIC leads US Grafana Labs $240M Series D investment round
Grafana Labs, the United States open source technology provider for dashboards and visualization, announced Wednesday a $240 million Series D round of investment led by GIC, Singapore’s sovereign wealth fund. GIC made its initial investment in Grafana Labs’ Series B round in 2020.
Pace partners Shangri-La to offer BNPL payments across its hotels in Malaysia
To date, Pace has over 5,000 points-of-sale across the Asia region and is on track to meet its goal of 1 million users by the end of 2022. Pace also aims to have an annualized Gross Merchandise Value (GMV) of $1 billion by end 2022.
Singapore’s Parentinc raises $22M in Series D funding round led by East Ventures
The Parentinc, a Singapore-based tech company that owned content and community platform for parents theAsianparent, announced Wednesday that it has successfully closed a $22 million round. The round comprised a mixture of primary and secondary investment alongside venture debt. The funding round was led by East Ventures as well as other undisclosed…
Singapore’s Fairmart raises $1.5M seed round co-led by Quest Ventures and Entrepreneur First
Singapore-based e-Commerce marketplace Fairmart announced Wednesdya the closing of an oversubscribed S$2 million ($1.5 million) seed round co-led by Quest Ventures and Entrepreneur First, with participation from SOSV, Vectr Ventures and Hustle Fund.
Singapore’s Pace launches new digital card to simplify BNPL payments for consumers and merchants
Pace Enterprise (Pace), a Singapore-based fintech solutions company with a "Buy Now Pay Later" (BNPL) platform, announced Tuesday the launch of the first-ever virtual Pace Card, a unique payment solution designed to make BNPL payments even simpler and more secure in Asia. The Pace Card is now available in Singapore and will be rolled out to other new…
Grab eyes breakeven for food deliveries in 1st half of 2023 – report
Grab operates across almost 500 cities in eight countries in Southeast Asia. Its operations include ride-hailing, food and grocery delivery services, digital payments, lending, insurance, wealth management among others.
Singapore’s Glance acquires Indian gaming company Gambit to boost NFT gaming platform
Singapore based consumer internet company Glance InMobi Pte Ltd (Glance), announced that it has acquired Indian gaming company Gambit Sports Pvt Ltd. (Gambit), to accelerate its ambition of building the biggest platform for non-fungible token (NFT)-based live gaming experiences for Gen-Z, across markets.The acquisition brings together Glance’s scale and…
