Singapore

Temasek-backed Zilingo seeks to raise $150M-$200M – report

Zilingo will be joining a number of companies in Southeast Asia raising funds.

Singapore foodtech firm Next Gen Foods raises a record-breaking $100M Series A funding round

Next Gen Foods has raised a $100 million Series A funding round – the largest Series A to date for a plant-based meat company. Participating in the Series A round are Alpha JWC, EDBI and MPL Ventures. Returning from previous rounds are Temasek through its newly established Asia Sustainable Food Platform, GGV Capital, K3 Ventures and Bits x Bites.

Tencent Cloud partners with KinderWorld to develop smart Campus in Southeast Asia

China's Tencent Cloud announced Thursday its collaboration with KinderWorld International Group (KinderWorld) in the areas of smart campus development, innovation and digitalization, as well as training development in the education sector in Southeast Asia. The strategic cooperation agreement marks both parties’ intention to leverage the technologies…

Singapore SaaS firm RIMM Sustainability raises $3M in Pre-Series A funding led by BEENEXT and others

Real Impact Matters Most (RIMM) Sustainability has raised a total of $3 million in its pre- series A round on its quest to make sustainability accessible and actionable to small and medium sized enterprises (SMEs). The funding round was led by venture capital fund BEENEXT and one of Japan’s most successful tech investors Mamoru Taniya. Other key investors…

Singapore health data verification platform Riverr bags $1M seed round from KSL Maritime Ventures and SEEDS Capital

Riverr has raised a $1 million seed round led by KSL Maritime Ventures. Enterprise Singapore’s SEEDS Capital also participated in the round. The fresh capital from maritime industry leaders will enable Riverr to accelerate its go-to-market roadmap with healthcare providers across Singapore, Philippines, India and Indonesia as it introduces its platform to…

Singapore insurtech unicorn Bolttech acquires AVA Insurance

Bolttech has completed the acquisition of AVA Insurance Brokers and AVA Insurance Agency (AVA). The acquisition of AVA will accelerate the deployment of Bolttech’s insurance exchange in Singapore, connecting insurers, distributors and customers, making it easier and more efficient to buy and sell insurance.

Singapore’s Funding Societies raises $294M led by Softbank to fuel expansion plans in Southeast Asia

Funding Societies has raised $144 million in an oversubscribed Series C+ equity round led by SoftBank Vision Fund 2. Other new investors included Vietnamese tech giant VNG Corporation, Rapyd Ventures, Asia-based global investor EDBI, Indies Capital, K3 Ventures, and Ascend Vietnam Ventures.

Singapore consumer internet firm Glance gets $200M from Reliance Industries’ Jio Platforms

Glance has agreed to raise $200 million from Reliance Industries Limited's subsidiary Jio Platforms Limited (Jio) in its Series D round of funding. The proposed investment by Jio is aimed at accelerating Glance’s launch in several key international markets outside of Asia such as the United States, Brazil, Mexico and Russia.The company is aiming to create…

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,…