Singapore
Singtel and Ericsson partner to develop fully automated 5G port
Singaporean telecommunications firm Singtel and Swedish multinational networking and telecommunications company Ericsson have on Thursday announced a partnership to deploy 5G advanced connectivity solutions at Tuas Port in Singapore.
Singapore’s Podium raises $15.2M in Series A-1 round led by Autodesk
Podium, a Singapore cloud-based digital platform, has on Thursday announced the successful first close of its Series A-1 funding round, raising S$20.4 million ($15.2 million).
GXS Bank on track to launch business banking solutions in the first quarter of 2025
Singapore-based digital bank GXS Group announced Wednesday that it is on track to launch its business banking solutions in the first quarter of 2025, after launching its retail banking services successfully.
Prudential officially launches global AI Lab in Singapore
The Prudential AI Lab was developed with support from the Ministry of Digital Development and Information (MDDI), the Economic Development Board of Singapore (EDB) and the Monetary Authority of Singapore (MAS). It has been launched in partnership with Google Cloud, which is providing Prudential employees with end-to-end technical support and access to…
HubSpot: despite the hype, only 27 percent of Singapore businesses officially implemented AI
A new report from HubSpot, the customer platform for scaling businesses, has found that despite an ongoing focus on artificial intelligence (AI) growth and adoption in Singapore, only 27 percent of local organizations have officially implemented AI or AI-enhanced tools to support employees with their work.
Singapore’s Locad raises $9M in Pre-Series B fundraise co-led by Global Ventures, Reefknot Investments
Singapore's logistics firm Locad has raised $9 million in Pre-Series B fundraise co-led by Global Ventures and its existing investor Reefknot Investments.
Temasek-backed 65 Equity Partners acquires 13 percent stake in Chinese cloud platform Tuya
Tuya Inc., a China-based cloud platform service provider, has on Monday announced that a definitive agreement has been entered into in respect of a strategic investment by 65 Equity Partners through its purchase of an approximate 13 percent of Tuya's total issued shares from New Enterprise Associates (NEA).
Singapore’s Oneteam raises $2.6M seed round to revolutionise SME succession through employee ownership
The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners.
Singapore’s Atome Financial secures up to $200M syndicated facility to support financial inclusion in Southeast Asia
The new facility is anchored by HSBC through its ASEAN Growth Fund and is also supported by DBS Bank Ltd, Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch and Brunei’s Baiduri Bank.
Deloitte: Malaysia leads SEA region with record IPOs this year
Malaysia has led Southeast Asian (SEA) region with record initial public offerings (IPOs) this year, Deloitte said Tuesday.
