Singapore

Singapore health and wellness platform MindFi raises $2M to bring mind fitness to Asia Pacific workplaces

MindFi announced Tuesday an oversubscribed $2 million seed funding round that saw participation from existing investor M Venture Partners and Global Founders Capital fund. Carousell Co-Founder Marcus Tan, Carro Executive Kenji Narushima and Spin Co-Founder Derrick Ko also joined the round, among other prominent angel investors in United States and Asia. The…

Singapore foodtech firm ProfilePrint closes Series A funding round at a valuation over three times its pre-series A round last year

ProfilePrint, nnounced Tuesday the closing of its Series A funding round at a valuation over three times its pre-series A round last year. Backing this funding round are some of the world’s largest food ingredient conglomerates, namely Louis Dreyfus Company (Netherlands), Olam Food Ingredients (ofi – an operating group of Olam International Limited,…

Singapore insurtech provider Cyber Sierra raises $4.3M seed fund led by Leo Capital

Cyber Sierra announced Tuesday the completion of a $4.3 million seed round of financing led by Leo Capital, with participation from AppWorks, Credit Saison, as well as angel investors including prominent founders and leaders in the cloud and insurance sectors.With this round of financing, It plans to launch and grow its business offerings to include more…

Singaporean venture capital firm Altara Ventures closes $130M inaugural fund to invest in next generation tech founders

Altara Ventures announced Thursday the successful final closing of its inaugural fund, reaching a total of $130 million, with support from institutional funds, sovereign wealth funds, financial services institutions, publicly listed corporations and prominent family offices. The firm has made seven investments to date and will continue to actively deploy…

Singaporean logistics firm GoComet banks $7M Series A funding led by Rider Global and Atlas Ventures

GoComet has closed $7 million in Series A financing led by Rider Global and Atlas Ventures. Jetty Ventures, Rebright Partners, Leo Capital and Krishna Capital also participated in the round. The funding will fuel the further development of GoComet's platform and accelerate its customer growth and expansion in the United States (US) and Europe, in line with…

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Singapore’s fintech investment tops $3.94B in 2021 as interest in crypto and blockchain surges, says KPMG

Singapore’s fintech industry hit a five-year high at 191 deals transacted in 2021, a 37 percent increase compared to 2020’s deal count (139 deals) and a 91 percent increase from 2019’s figures (100 deals), said a KPMG report on Tuesday.Total transaction value in Singapore also surged by 59 percent year-on-year at $3.94 billion, across venture capital (VC),…

Singaporean construction management platform Hubble raises $8.5M Series B funding

Hubble Pte Ltd has concluded its Series B funding round with S$11.35 million ($8.45 million) of investment. The round brings new investors to the table, such as Singapore and Australia’s Taronga Ventures, Singapore’s Kajima Ventures and Singapore’s Seeds Capital, to participate alongside existing investors OSK Capital Partners of Malaysia and…

Singapore social food ordering app Gobble secures $1.3M seed capital from BEENEXT, Flash Ventures and others

Gobble has raised $1.3 million in a seed round co-led by BEENEXT and Flash Ventures. Notable angel investors who have backed Gobble in this round include Warren Tseng (former RGM, Uber APAC), Siddharth Shanker (former General Manager at Deliveroo Singapore), and Abhishek Sahay (Regional Director, Foodpanda), Gobble will use the funds to launch its platform…

Singapore edtech company Cialfo raises $40M in Series B led by Square Peg and SEEK Investments

Cialfo has on Thursday announced it has secured $40 million in funding as part of a Series B round, led by global investment firm Square Peg, and Australian-headquartered SEEK Investments. It also saw existing investors, including SIG Global, Vulcan Capital, DLF Venture, January Capital, and Lim Teck Lee, double-down on earlier investments.

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Singapore’s Blockchain Founders Fund announces first close of $75M venture fund

Singapore venture capital (VC) fund Blockchain Founders Fund (BFF) announced Thursday the principal close of its $75 million BFF II. Some of the notable investors participating in BFF II include NEO Global Capital (NGC), Appworks, Sebastien Borget COO of The Sandbox, GSR, LD Capital, Metavest Capital, TechMeetsTrader, Zipmex, Baksh Capital, Octava, Aria…