Singapore

Singapore metaverse startup BuzzAR gets $3.8M from F50 Elevate and others

BuzzAR has raised $3.8 million seed funding to create an inclusive metaverse. The round is oversubscribed with participation from F50 Elevate in Texas, USA, regional venture capitals (VCs), angels including former Marina Bay Sands executive Ian Wilson, IP & Brand Protection expert Peter Hlavnicka. BuzzAR will use the seed funding to hire, set up a…

Singapore’s Aera VC raises $30M for climate breakthroughs

Aera VC announced Monday a $30 million first close of its new fund investing in startups accelerating the planet toward a sustainable future. The new climate-focused fund is launching with a portfolio of global climate stars including Houston-based chemical decarbonisation firm Solugen, as well as Shiok Meats (Singapore), Carbon Chain (London), Noya and…

Temasek leads Amber Group’s $200M Series B+ round, valuing the company at $3B

Amber Group announced Tuesday a $200 million Series B+ round led by investment company Temasek, with participation from existing shareholders including Sequoia China, Pantera Capital, Tiger Global Management, Tru Arrow Partners, and Coinbase Ventures among others. A significant follow-up to Amber Group's 2021 $100 million Series B round, this Series B+…

Singapore FinTech firm M-DAQ acquires payment firm Wallex to expand its cross-border ecosystem

M-DAQ has entered into a definitive agreement to acquire Wallex. The acquisition is the first of a series for M-DAQ, as it embarks on a global growth plan to capture market opportunities and expand its downstream reach in the value chain. In addition to the amount paid for the full acquisition, M-DAQ will also be injecting fresh working capital to…

Singapore “Create2Earn” metaverse Chillchat closes $1.85M seed equity funding round led by Solana Ventures

Chillchat has raised $1.85 million in seed equity funding led by Solana Ventures. Bringing Chillchat’s equity valuation to US$10 million, the seed equity round included participation from key blockchain-gaming and Web3 leaders: FTX Ventures, Animoca Brands, Griffin Gaming Partners, A&T Capital, YGGSEA; plus Infinity Ventures Crypto, Diamond Hands…

Singapore VC firm True Global Ventures invests $8.3M into US healthcare blockchain firm Chronicled

Singapore venture capital firm True Global Ventures (TGV) has invested $8.3 million into United States-based healthcare technology firm Chronicled via its a blockchain-focused equity fund True Global Ventures 4 Plus (TGV4 Plus) Fund. In addition TGV4's investment, a Fortune 50 global technology giant and other private investors also contributed investment…

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…