Singapore

Singapore’s Beam sees revenue grow 36 percent on year in 2023

Fueled by surging demand and strong expansion, Singapore-based micromobility company Beam saw a 36 percent increase in gross revenue from 2022, to a record $53 million in 2023.

Singapore’s Thrixen raises $7M in funding round co-led by 22Health Ventures and John Ballantyne

Thrixen, a Singapore-based medical technology start-up, has on Monday announced the successful close of an oversubscribed funding round, raising $7 million capital to accelerate the development of its innovative diagnostic technology platform for multiplex point of care testing.

Temasek Trust launches philanthropy advisory services arm

Temasek Holdings-owned Temasek Trust has on Monday announced the launch of TT Foundation Advisors (TTFA) which aims to be a one-stop independent provider of philanthropy advisory and management services to philanthropic foundations, family offices, business corporations, philanthropists, and charities across Asia.

SGInnovate: Singapore’s early-stage emerging tech startups total funding up 59 percent on year to $402M in 2023

Singapore’s early-stage emerging tech startups saw an uptick in funding in 2023, with total funding climbing to $402 million in 2023, up 59 percent from $253 million in 2022, SGInnovate said Tuesday.

Igloo inks partnerships with Zalopay, Lotte Finance, OPES, FE Credit to expand insurance excess in Vietnam

Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.

Singapore’s Thunes acquires US payments platform Tilia LLC

Thunes, a Singapore-based cross-border payments company, announced Tuesday it has signed a definitive agreement to acquire Tilia LLC, a United States-based all-in-one payments platform for gaming, to accelerate its growth in the US and its presence in the fast-expanding online gaming market.

Funding Societies partners SGeBIZ to bring embedded finance solutions for SMEs in Singapore

Funding Societies, the Singapore-based unified small and medium enterprises (SME) digital finance platform, has announced a strategic partnership with Singapore E-Business (SGeBIZ), a digital procurement, payment and sourcing platform provider, to bring business to business (B2B) embedded finance (EmFi) solutions to businesses in Singapore.

Gojek Singapore and ComfortDelGro Taxi ink cross-dispatch model partnership

Gojek Singapore and ComfortDelGro Taxi, Singapore’s largest taxi operator, have on Tuesday announced the official launch of their cross-dispatch model partnership.

SWAT Mobility secures $7.2M to fuel expansion across Asia

SWAT Mobility, a Singapore-based provider of artificial intelligence (AI)-powered vehicle routing solutions, has secured a total funding of $7.2 million in the latest round. SWAT Mobility said in a statement on Tuesday that this investment will fuel its expansion efforts across Asia, further solidifying its position in the region's mobility sector.

Toku to acquire Singapore-based AI-powered conversational CX platform AiChat

Toku, a Singapore-based provider of enterprise-grade cloud communications and customer experience (CX) solutions, has on Tuesday announced the intent to acquire AiChat, a Singapore-based artificial intelligence (AI)-powered conversational customer experience (CX) platform.