Singapore
Empowering excellence: Women at the forefront of cyber resilience
The #cybersecurity industry has historically been characterized as a male-dominated field. This industry has seen a great scarcity of women forging a career within its ranks. In 2021, women made up just 24 percent of the global cybersecurity workforce, despite an industry shortfall of over 3 million professionals. But the landscape is gradually changing.…
SHEIN acquires British women fashion brand Missguided
SHEIN, a Singapore-based online fashion and lifestyle retailer, has announced the acquisition of Missguided, a British women's fashion brand, from Frasers Group. The acquisition furthers the company's efforts to meet customer demand for product variety and consistently deliver an exciting customer experience.
Singapore’s REDEX raises $10M in Series A funding led by Aramco Ventures
REDEX, a Singapore-based renewable energy certificates (RECs) solutions provider, announced Tuesday the successful completion of a $10 million Series A funding round. Aramco Ventures led the investment, along with notable new investors from the Middle East, Southeast Asia, and Japan.
Singapore’s Drive lah raises $5 million in funding led by ComfortDelGro
Singapore-based marketplace for car-sharing Drive lah has successfully secured a $5 million investment round. Singapore-based transport firm ComfortDelGro (CDG) has invested $2 million, establishing them as the lead investor for this round and the preferred fleet partner for Drive lah.
Singapore’s Mesh Bio attains regulatory approval for HealthVector Diabetes
Singapore-founded health technology startup Mesh Bio has announced the regulatory approval of its HealthVector® Diabetes as a Software Medical Device (SaMD) by the Health Sciences Authority (HSA). HealthVector® Diabetes will be involved in an implementation pilot at Singapore General Hospital (SGH), Tan Tock Seng Hospital (TTSH), and selected polyclinics…
DRB-HICOM invests in Carro’s auto fintech subsidiary Genie Malaysia
Edaran Otomobil Nasional Berhad (EON), a wholly-owned subsidiary of Malaysia-listed conglomerate DRB-HICOM, has made a strategic investment in Genie Malaysia, a subsidiary of Singapore-based online used car platform Carro.
Singapore’s YouTrip raises $50M Series B funding to accelerate regional expansion
YouTrip, a Singapore-based multi-currency digital payments platform, has on Thursday announced it has raised $50 million in its latest Series B fundraising round, led by new investor and global venture capital firm Lightspeed. This brings YouTrip’s total funds raised to over $100 million since inception.
Singapore’s OCBC rolls out generative AI chatbot to all employees globally
Singapore-based lender OCBC announced Wednesday that it will avail a generative artificial intelligence (AI) chatbot to its 30,000 employees globally in November to assist them with writing, research and ideation. The deployment of the chatbot, a collaboration between Microsoft’s Azure OpenAI and OCBC, aims to further boost productivity and better serve…
Singapore’s Triple-A raises $10M Series A funding from Peak XV and Shorooq Partners
Singapore-based digital currency payment institution Triple-A has announced their $10 million Series A funding round on Wednesday. Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of Middle East and North Africa (MENA)’s leading…
Singapore’s Qosmosys secures $100M seed funding to expedite strategic goals
Qosmosys, a Singapore-based space venture, has announced a seed funding round of $100 million. The injection of this seed capital allows the firm to expedite its strategic goals, fortifying its position as a premier private player in the burgeoning moon economy.
