Singapore

Temasek backs Australian enviro-tech firm Samsara Eco in $65M funding

Singapore's state investor Temasek has backed Australian enviro-tech firm Samsara Eco in $65 million funding round. The round is also led by Australian deep tech investment fund, Main Sequence.

Silverlake Axis ventures into Cambodia through strategic partnership with Chip Mong

Singapore-listed fintech and digital banking solutions provider Silverlake Axis Ltd. (SAL) has ventured into Cambodia through strategic partnership with Chip Mong Group, a Cambodian conglomerate.

Singapore’s Atome Financial secures up to $100M growth debt facility from EvolutionX to drive expansion in Southeast Asia

Singapore-based fintech firm Atome Financial has secured up to $100 million growth debt facility from EvolutionX to drive profitable expansion in Southeast Asia.

Singapore’s Food Empire secures $40M from Ikhlas Capital

Food Empire Holdings, a Singapore-based multinational food and beverage manufacturing and distribution group, has secured $40 million from private equity fund Ikhlas Capital Singapore Pte. Ltd.

Singtel, Deutsche Telekom, e&, SK Telecom, SoftBank Corp team up for developing multilingual Telco LLM

Singapore Telecommunications Limited (Singtel), Deutsche Telekom, e&, SK Telecom, SoftBank Corp., the founding parties of the Global Telco AI Alliance (GTAA), have signed a joint venture (JV) agreement focused on co-developing and launching a multilingual Telco Large Language Models (LLM).

Charge+ partners Porsche to launch 1,700km electric vehicle charging network in Vietnam

Charge+, a Singapore-based electric vehicle (EV) charging solutions provider, has partnered German automobile manufacturer Porsche to launch a 1,700 kilometers (km) EV Charging Network in Vietnam that connects Vietnam’s two largest cities Hanoi and Ho Chi Minh City.

Carro gets $56M multi-currency loan from HSBC to fund fintech arm Genie Financial Services

Singapore-based online used car marketplace Carro has signed a SGD 75 million ($55.52 million) multi-currency loan with HSBC to fund its fintech arm, Genie Financial Services.

Japan’s Ayudante acquires Singapore digital marketing company Sparkline

Ayudante, a Japan-based digital marketing and digital measurement consulting agency, has announced its acquisition of Sparkline, a Singapore-based digital marketing company.

Iskandar Investment Berhad partners TM-Nxera to drive digital transformation in Iskandar Puteri

Iskandar Investment Berhad (IIB), the master developer of Iskandar Puteri of Johor in Malaysia, via River Retreat Sdn Bhd, has entered into a strategic partnership with TM-Nxera, a joint venture of Telekom Malaysia (TM) and Singtel, to empower the digital economy and build a sustainable future for the region.

Singapore’s ZA Tech raises $35M in Series A funding led by EQT

ZA Tech, the Singapore-based next-generation insurance core system software as a service (SaaS) provider, has raised $35 million in Series A funding led by EQT and rebranded as Peak3.