Singapore

Singapore’s SDAX closes $50M Series B2 funding round

SDAX, Singapore’s Digital Asset Exchange, has announced on Tuesday the closing of its $50 million Series B2 funding round led by the Oman-based Muscat Precious Metals Refining Company LLC (MPMR).

Singapore dating agencies Lunch Actually and Paktor merge

Two Singapore-based dating services Lunch Actually and Paktor have merged to enhance dating experiences.

GIC-backed payment firm Nium pushes back IPO plans – report

Singapore payments company Nium is pushing back its plans for an initial public offering in the US by more than a year, in a bid to focus on shoring up its team and growing revenue, Bloomberg reported.

Singapore’s Charge+ completes $8M Series A funding with TNB Aura and TRIVE

Charge+, a Singapore-based electric vehicle (EV) charging operator, has completed Series A funding round with $8million raised. Series A is led by TRIVE Venture Capital with Christopher Quek joining the Charge+ board, and with TNB Aura leading the recent Series A2 round.

Singapore’s Clime Capital invests in Philippine solar provider Upgrade Energy

Clime Capital, the Singapore-based fund manager dedicated to driving the shift towards a low-carbon economy, has on Monday announced an investment through the South East Clean Energy Fund II (SEACEF II) in Upgrade Energy Philippines (UGEP), a key player in the Philippine solar project landscape.

Singapore’s Smartkarma acquires commodities alternative data and insights platform Helixtap

Smartkarma, a Singapore-based global investment intelligence platform, has announced the acquisition of Helixtap, a global commodities alternative data and insights platform.

Temasek Foundation appoints new Chairman

Temasek Foundation has on Wednesday announced the appointment of Jennie Chua as its new Chairman, effective from September 1, 2024.

Singtel partners GMI Cloud to expand GPU capacity in the US and Asia Pacific to accelerate AI adoption

Singapore Telecommunications Limited (Singtel) and GMI Cloud, an United States-based artificial intelligence (AI)-native GPU cloud platform, have announced a strategic collaboration to expand GPU capacity by combining both companies' GPU resources and infrastructure, democratizing the availability of high-powered computing for enterprises.

Malaysia’s Kenanga acquires 8 percent stake in Singaporean fintech firm Helicap

Malaysia’s independent investment bank, Kenanga Investment Bank Berhad (Kenanga Group) announced Monday that it has acquired 8 percent stake in Singaporean fintech firm Helicap Pte Ltd.

Singtel partners Nscale to unlock GPU capacity globally to accelerate AI adoption

Singapore Telecommunications Limited (Singtel) and Nscale, a fully vertically integrated artificial intelligence firm AI cloud platform, have announced a strategic partnership that will unlock both companies’ GPU capacity across Europe and Southeast Asia.