Singapore

Protégé Ventures (PV), Singapore-based student venture capital fund, has announced an undisclosed pre-seed investment in ZOLO, an artificial intelligence (AI)-powered business to business (B2B) software company founded by two alumni from two Singapore universities.

GoFluid.io (Fluid), a Singapore-based fintech enabling flexible business to business (B2B) purchase financing, has raised $5.2 million in an equity round led by Insignia Ventures Partners. With $1.8 million raised in a seed round from Iterative and New Stack Ventures, the company brings its total funding to $7 million.

StashAway, a Singapore-based regional investment platform, has expanded its wealth management offering for high-net-worth individuals, StashAway Reserve, to Hong Kong, extending the success that StashAway Reserve has seen in Singapore.

ingapore-based Web 3 firm BuildBear Labs has announced a successful fundraising journey, securing approximately $1.9 million to propel the growth of our flagship platform. The round

GetGo, Singapore’s car-sharing platform, and SBSTransit, a bus and rail operator in Singapore, have announced a new partnership to promote seamless and sustainable mobility solutions for a car-lite Singapore. Both companies have committed to jointly promote car-sharing for better first- and last-mile connectivity to or from SBS Transit’s islandwide rail and…

Shein is said to be in the early stages of exploring the London option as the company has judged it unlikely that the US Securities and Exchange Commission will approve its IPO, the report added.

Refy, a Singapore-based green asset fintech financier, has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of unlocking the market for small- and mid-sized green assets within the commercial and industrial (C&I) sectors.

The Singapore FinTech Association (SFA) has launched Project Tapir, partnering with Malaysia-based venture capital (VC) firms, Artem Ventures and OSK Ventures International Berhad (OSKVI) to identify and showcase promising Singapore FinTech companies who are keen to launch in Malaysia.

Southeast Asia superapp Grab Holdings Limited has posted a profit of $11 million in the fourth quarter ended December 31, 2023, compared to a net loss of $391 million in the prior year period. The achievement was primarily due to the improvement in group adjusted EBITDA, fair value changes in investments, and lowered share-based compensation expenses.

Singapore-based Prefer’s bean-free coffee has raised a $2 million seed round to secure global coffee supply. The firm said in a statement on Thursday that Forge Ventures led the round with participation from 500 Global, A*ccelerate, Better Bite Ventures, Sopoong Ventures, SEEDS Capital, Entrepreneur First and Pickup Coffee.