Singapore

Singapore-based venture capital firm True Global Ventures (TGV) announced Thursday its first closure of its $146 million follow on fund to invest into late stage Web3 startups. The True Global Ventures 4 Plus (TGV4 Plus) follow on fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than $62 million…

Grab Singapore, a leading superapp in Southeast Asia, announced Wednesday that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.

AMILI, a Singapore-based precision gut microbiome company, said Wednesday it has raised$10.5 million in Series A funding to accelerate its business expansion in Southeast Asia and Greater Asia. The round was led by Vulcan Capital, the investment arm of the late Microsoft Corp co-founder Paul Allen that invests in category-leading technology, internet, and…

The platform will also end its early-stage pilot in Spain. This comes after Shopee exited the French market in March. The e-commerce unit also exited the India market the same month.

"Tesla announced a 10 percent of workforce reduction. My role was chosen to be eliminated as of today," the firm's country manager in Singapore Christopher Bousigues wrote in a LinkedIn post on Sunday.

Singapore-based alternative protein startup Next Gen Foods said Monday it is rolling out its flagship plant-based chicken product TiNDLE, in restaurants across Germany. TiNDLE will debut across six of Germany’s biggest cities, across 40 sites with many more to come, partnering with over 20 of Germany’s toprestaurants – in a range of delicious applications…

Mighty Jaxx, a Singapore-based integrated future culture platform that designs and produces digital and phygital collectibles, announced Monday the multi-million-dollar acquisitions of local companies Kinetiquettes, a high-end statue collectible company, and PLAYe, a specialised DTC platform of consoles, video games, collectibles, and action figures.

Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes Vietnam.

ComfortDelGro Taxi and Alipay+ announced Wednesday a partnership that enables mobile payments from Malaysia and South Korea, namely the Touch ‘n Go eWallet and Kakao Pay, to be accepted as cashless payment options in all its Comfort and CityCab taxis. Users of these mobile wallets can pay for the cab fare simply through the wallet apps without the need to…