Singapore

Singapore-listed transportation firm ComfortDelGro Corporation Limited has on Friday announced that it has acquired taxi operator A2B Australia Limited (A2B)for AUD 182 million ($123.35 million). ComfortDelGro's wholly owned subsidiary ComfortDelGro Corporation Australia Pty Ltd has entered into a binding scheme implementation agreement (SIA) to acquire all…

Keppel Infrastructure Fund Management Pte. Ltd. (KIFM), as Trustee-Manager of Keppel Infrastructure Trust (KIT) is committing up to €109m ($119.81 million) to acquire a 45 percent effective stake in German renewable energy (RE) firm Enpal B.V. (Enpal)’s solar portfolio (AssetCos) through a special purpose vehicle (SPV).

The global wave of layoffs hitting US tech companies like Meta, Amazon, and Twitter has also come to Southeast Asia amid a slowdown in fundraising activities for tech startups. Tech companies including venture capital-backed startups in Southeast Asia have also announced layoffs and austerity measures to cope with the uncertain macroeconomic situation.

Singapore-based deeptech startup in the field of commercial quantum sensing Atomionics and Australia-based energy firm Bridgeport Energy have deployed the first-ever quantum gravity sensor or "virtual drill" for commercial resource discovery, heralding a new era in precision exploration.

Biorithm, a Singapore-based women’s health MedTech, has closed $3.5 million in Series A funding, co-led by Adaptive Capital Partners and SEEDS Capital, investment arm of government agency Enterprise Singapore. The funding will be utilized to double down on expanding the reach of the firm's connected pregnancy management solutions firstly across Southeast…

United States venture capital firm In-Q-Tel, Inc. (IQT) has announced the opening of a new office in Singapore. This strategic expansion into Singapore reflects the region’s growing importance as a technology and venture capital hub.

Singapore-based multi-asset and programmable bank Pave Bank has been launched with $5.2 million seed money. The seed funding round was led by 468 Capital with participation from Quona Capital, Financial Technology Partners, BR Capital, w3.fund, Daedalus and angel investors.

01Fintech, a growth stage private equity firm founded by former Ant-Group executive and specializing in financial technology in Southeast Asia, has on Wednesday announced a significant $20-million investment in Validus, a small-and-medium-enterprises (SME) supply-chain financing platform with operations in Indonesia, Singapore, Thailand and Vietnam.

ProfilePrint Pte. Ltd., a Singapore-based technologycompany effecting significant changes in the agrifood industry, has announced the successful conclusion of its Series B funding round. The round was led by Tai Partners and participatedby four of its existing shareholders.

Singapore-based financial services company Singlife has launched the second edition of its in-house accelerator program, Singlife Connect. The accelerator program supports and spurs the growth of promising insurtech and budding ecosystem enterprises, Singlife said in a statement on Wednesday.