Singapore

US-headquartered e-commerce giant Amazon announced on Thursday that it has invested more than S$2 billion ($1.49 billion) across its retail and cloud businesses in Singapore in 2023. This includes both capital expenditure such as improvements to existing infrastructures, including fulfilment centers, delivery stations, and data centers, and operating…

The hub will conduct applied research to drive AI-led innovation and intellectual property development in Singapore.

This marks the close of the second round in Partior’s Series B funding and comes on the heels of the first close led by Peak XV Partners in July 2024 with participation from J.P. Morgan, Jump Trading Group, Standard Chartered, Temasek and Valor Capital Group.

In the second part of the interview, Cyberport Chief Public Mission Officer Eric Chan shared Hong Kong’s uniqueness and competitive edge against other cities in China and across the region which also aimed to become tech hubs. He shared suggestions on how Hong Kong can further improve its tech ecosystem and his views on Southeast Asia, the Middle East, the…

With the new capital raised, Pi-xcels will accelerate its global expansion by strengthening its footprint in Europe, Japan, Southeast Asia, and venturing into the US market. The funds will also support the company’s efforts to expand partnerships and enhance its proprietary NFC-based technology.

The acquisition will also foster closer partnerships with existing V-livers, providing them with guidance to build unique identities that are crucial for the success of IP development.

With headquarters in Vietnam and registration in Singapore, Eragon views the Philippines as a key market for its next phase of growth. The country’s vibrant gaming community, combined with its accelerating adoption of blockchain technologies, positions it as an ideal destination for expansion.

The funding round, led by Vynn Capital, attracted several new investors, including MOAJ Holding, a Saudi investment company; Frank Phuan; TNB Aura, a Singapore-based venture capital firm participating through its Scout Initiative; and Ciri Ventures, a climate tech-focused venture capital firm.

Toku, a Singapore-based provider of enterprise cloud communications and customer experience solutions, announced Thursday the successful completion of a $5 million Series A extension round led by Betatron Venture Group.

Merck, a global science and technology company, and Digital Trust Centre (DTC) at Nanyang Technological University, Singapore (NTU Singapore) are collaborating to pioneer a new digital trust technology designed to enable secure, automated, traceable and efficient digital processes.