Singapore
Singapore’s online classifieds platform Carousell in $1.5B SPAC deal talks with L Catterton – report
A transaction could value the combined entity at as much as $1.5 billion.
Sygnum raises $90M Series B funding to accelerate expansion of Web 3.0 offerings and into new global markets
Sygnum has raised $90 million in an oversubscribed Series B funding round led by Sun Hung Kai & Co. Limited. They are joined by a raft of new and existing strategic investors, with the round valuing Sygnum at $800 million on a post-money basis.
Singapore fintech firm Brankas raises $20M from Insignia Ventures, Visa to expand open finance platform
Brankas announced the close of its $20 million Series B investment round led by Insignia Ventures Partners, Visa, AFG Partners and Treasury International. Its existing investors Beenext and Integra Partners also joined the round, Brankas. With this round, Brankas aims to scale its network of more than 40 financial institutions and 100+ technology companies,…
Tencent divests 2.6% of equity interest in Singapore’s Sea Ltd
Tencent’s voting power to be reduced below 10 percent following the transaction and proposed share conversion.
X0PA AI raises $4.2M in Series A funding to scale AI-powered objective B2B hiring and selections solution
X0PA AI announced $4.2 million in Series A funding led by ICCP SBI Venture Partners (ISVP).SEEDS Capital, AI8 Ventures, XCEL NEXT VENTURES, and SASV Investments also participated in the round. X0PA AI plans to use the capital for global expansion beginning with Asian, United States (US), Latin American, and European markets.
Singapore’s Azalea closes Altrium Private Equity Fund II at $805M
Azalea Investment Management Pte. Ltd (Azalea) announced the successful closing of the second fund of its flagship private equity (PE) fund of funds product, Altrium Private Equity Fund II (Altrium II) at $805 million. Altrium II capital commitments were from a diverse group of limited partners including pensions, foundations, insurers, family offices and…
Singapore’s Novo Tellus gets nod for SPAC listing on SGX – report
Novo Tellus could be among the first wave of sponsors looking to list SPACs in Singapore after the regulators introduced a framework in September last year, according to Bloomberg.
Singapore crypto media platform Chain Debrief raises $900,000 seed funding to expand its platform
Chain Debrief has closed a US$900,000 seed funding round. The round is led by angel investor Sim Jian Hong and supported by institutional investors QCP Capital, Gecko Ventures, Double Peak Group and Coinhako, Senior executives from Defiance Capital, Xfers, Mintable and other individual investors in the crypto space also participated in the funding round.…
Tribe launches hacksingapore to drive innovation in technology
Tribe announced the launch of hacksingapore, in partnership with the Infocomm Media Development Authority (IMDA), Enterprise Singapore, Government Technology Agency and Temasek, a ground-up initiative to drive innovation in technology and solve some of the challenges that Singapore may potentially face in the coming years.
Singapore healthtech startup Smarter Health raises $3.8M led by East Ventures
Singapore-based healthtech startup Smarter Health announced Monday that it has secured S$5.15 million ($3.81 million) in Series A funding led by East Ventures, with the participation of Orbit Malaysia, Citrine Capital HMI Group, and Emtek. The funds will be used primarily for product development and market expansion in Southeast Asia.
