Singapore
Carousell, L Catterton SPAC merger talks end – report
The special purpose acquisition company (SPAC), which reportedly has been conducting due diligence on Carousell over the past few months, has not been able to reach a merger agreement with Carousell.
Japan’s SBI, South Korea’s Kyobo & NTU Singapore to raise $75M venture fund
The fund aims to accelerate digital transformation in Southeast Asia and South Asia through the combined operational expertise, regional go-to-market connections and extensive industry network across the three general partners.
SMU and Synagie partner to upskill and plug skill gaps in Southeast Asia’s ecommerce and tech workforce
The programs are specially designed to address the specific talent and skills shortages faced by the technology and eCommerce sector in Singapore and Southeast Asia, with the aim of upskilling over 3,000 sector professionals by 2025.
Scotch Whisky Johnnie Walker releases NFTs
The tokens unlock access to a unique piece of graphic design by artist Kode Abdo aka BossLogic.
Singapore’s Jungle Ventures closes a $600 million fund, AUM crosses $1B
This brings their total Assets Under Management (AUM) to over $1 billion.
Singapore’s Volopay partners with Visa to offer financial management solutions in Australia
Volopay, a Singapore-based corporate cards and payable management fintech firm backed by Y-Combinator, announced Thursday it has signed a partnership with Visa to be part of Visa’s Fintech Fast Track Program which will significantly expand Volopay’s offering of financial management solutions in the Australian market.
Singapore’s GIC leads $170M Series F financing in US blockchain data platform Chainalysis
Chainalysis, a United States-based blockchain data platform, announced Thursday a $170 million Series F financing led by GIC, Singapore's sovereign wealth fund, bringing its valuation to $8.6 billion. Previous investors Accel, Blackstone, Dragoneer, and FundersClub increased their investment in the company, and the Bank of New York Mellon (BNY Melon) and…
East Ventures raises $550M multi-stage fund to focus on Indonesia and Southeast Asia startups
Indonesia-focused venture capital firm East Ventures has raised a total of $550 million in the final close of its latest fund. Headquartered in Singapore and founded in 2009, East Ventures has transformed into a holistic platform that provides multi-stage investment, including Seed and Growth for over 200 companies in Southeast Asia.
Singapore’s Supabase announces $80M Series B funding led by Felicis
Supabase, a Singapore-based open-source database-as-a-service (DBaaS) company, announced Tuesday that it has raised $80 million in Series B funding led by Felicis, with participation from existing investors Coatue and Lightspeed. This latest round follows Supabase's $30 million Series A round announced in September 2021, and brings the company's total…
Grab announces three ESG goals for sustainable and inclusive growth
Grab, the Singapore-based superapp, announced Thursday three goals to drive sustainable and inclusive growth in Southeast Asia. The new goals are doubling the number of marginalised individuals earning income on its platform by 2025; reaching 40 percent female leadership by 2030, and achieving carbon neutrality by 2040.
