Singapore
Singapore-based FinTech company CoAssets to shut down its crowdfunding platform
A few days after the news about the company’s financial troubles surfaced, CoAssets, which operates its crowdfunding platform under the name CA Funding Pte Ltd (CAFPL), announced that it was officially shutting down CAFPL. “We regret to inform you that CA Funding Pte Ltd (CAFPL) is in the process of gradually winding down,” a note on CAFPL’s website……
IMC Group’s Heritas Capital set to secure $30M for its HVF II ‘impact investing’ venture fund
Launched in December 2020, HVF II was created as an “impact investing” venture fund aimed at helping early-stage tech startups. The fund particularly focuses on new but promising companies in the healthcare, food, and education sectors, which are deemed to be capable of delivering financial returns and offering social and environmental benefits at the same…
FinTech startup Finantier joins Y Combinator’s Winter 2021 batch, will expand its tech team
Finantier, a Singapore-based startup that specializes in open finance, is set to be part of Y Combinator’s W21 startup accelerator program next year
Singapore-based travel-optimization platform Navisteps secures $1M in pre-Seed round
The travel startup plans to use this fund to expand and add new partner integrations onto its platform and look further into its current expense analytics model
Skuad raises $4M Seed round to ramp up global payroll platform
Skuad plans to use this fresh capital by investing in the growth team who will be located in different regions geographically and continue working on developing their remote working infrastructure.
24/7 HealthTech startup Speedoc raises $5M Series A led by Vertex Ventures
Speedoc plans to use the fresh capital infusion to accelerate the adoption of its digital health services in Singapore by pursuing technological advancement initiatives
Singapore-based SME digital financing platform Funding Societies gets financial backing from Samsung
Funding Societies, an SME crowdfunding and alternative investment platform based in Singapore, became a recipient of an undisclosed amount of funding support from Samsung Venture Investment Corporation (SVIC), the venture capital arm of Samsung Group
Horizon Ventures and Temasek Holdings-backed cultured chicken set to debut in Singapore
This Saturday will mark the first time cell-grown meat will be in the commercial market, with Eat Just’s GOOD Meat Cultured Chicken passing extensive review by the Singapore Food Agency.
E-commerce marketing startup Epsilo raises $2M from a funding round led by Sequoia’s Surge 4
End-to-end e-commerce marketing company Epsilo recently completed a $2 million funding round. Almost all of this new capital injection was provided by Surge, Sequoia India’s scale-up program established to help startups in India and Southeast Asia.
