Singapore

Maybank: new monetization avenues to help Sea Ltd to achieve margin targets sooner

Maybank Investment Bank said Wednesday that new monetization avenues will help Singapore-based tech conglomerate Sea to achieve margin targets sooner.

Singapore’s fintech firm Surfin raises $12.5M from Insignia Ventures Partners

This funding comes as Surfin serves 60 million lives across eight countries in three continents, with roughly $2.7 billion in cumulative transactions.

Japan’s estie, inc. raises $20M in Series B led by Vertex Growth & DBJ

The latest round was led by Vertex Growth, a growth-stage venture capital fund anchored by Vertex Holdings, a subsidiary of global investment company Temasek, and Development Bank of Japan (DBJ).

Malaysia’s Ramssol inks partnership with Singapore’s HONO for AI-driven HR solutions

Malaysia-based human resources (HR) solutions provider. Ramssol Group Berhad has inked a partnership with Singapore-based software as a service (SaaS) provider Hono Asia Pte. Ltd. (HONO) for artificial intelligence (AI)-driven HR solutions.

US’s KLA completes first phase of $200M Singapore operations expansion

United States-based chiptool maker KLA Corporation said Thursday it has completed first phase of $200 million Singapore operations expansion.

Equinix, GIC & CPP Investments to form $15B JV to expand hyperscale data centers in US

Under the terms of the agreement, CPP Investments and GIC will each control a 37.5 percent equity interest in the joint venture, and Equinix will own a 25 percent equity interest. Each party has made equity commitments, and the joint venture also expects to take on debt to raise the total pool of investable capital to more than $15 billion over time.

KLDX partners AsiaNext to drive cross border innovation and growth in digital asset markets

KLDX, a regulated digital assets platform in Malaysia for private markets and AsiaNext, a Singapore-based digital asset exchange for institutional investors, have on Monday announced a strategic memorandum of understanding (MOU) to collaborate on cross-border digital asset listings, liquidity sharing, and joint product development.

Generative AI startup TeamSolve raises seed round, backed by SGInnovate & Burnt Island Ventures

The company is addressing issues faced by utilities companies in markets such as Singapore, where approximately seven in 10 employers in the ‘Energy & Utilities’ sector have reported difficulties finding and hiring skilled talent.

Singapore’s Sleek secures $5M in debt financing led by Fintech Nation Fund

Singapore FinTech firm Sleek has secured $5 million in debt financing, led by the Singapore-based Fintech Nation Fund, to power its continued growth.

Singapore steps up participation in global offshore wind development with new partnership

Enterprise Singapore (EnterpriseSG), the Association of Singapore Marine & Offshore Energy Industries (ASMI) and the Global Wind Energy Council (GWEC) have signed a memorandum of understanding (MOU) to expand Singapore’s network with the global offshore wind sector and foster more project and innovation opportunities between Singapore and international…