Singapore

Temasek led $208M equity investment in German radiopharmaceutical biotech firm ITM

Singapore state-owned investor Temasek has led EUR 188 million ($208 million) equity investment in German radiopharmaceutical biotech firm ITM Isotope Technologies Munich SE (ITM).

McDonald’s partners Bandwagon Labs to create first-of-its-kind in-app metaverse

Singapore's entertainment media tech company Bandwagon, through its metaverse arm Bandwagon Labs, has partnered with McDonald's Singapore to launch an immersive web-app-based experience on Thursday.

VIS partners NXP to build and operate $7.8B semiconductor wafer manufacturing facility in Singapore

Taiwanese IC foundry service provider Vanguard International Semiconductor Corporation (VIS) and Dutch semiconductor manufacturer NXP Semiconductors N.V. (NXP) have on Wednesday announced the plan to build a $7.8 billion new 300mm semiconductor wafer manufacturing facility in Singapore.

Singapore’s Botsync raises $5.2M Series A financing from Capital 2B, Betatron to integrate automation in manufacturing

Botsync, the Singapore-based developers of integrated automation solutions for Asia Pacific (APAC) and beyond, has on Wednesday announced the completion of a $5.2 million Series A round of financing.

Singapore’s Nium raises $50M in Series E round to expand real-time payments global infrastructure

Nium, the Singapore-based real-time cross-border payments, has on Wednesday announced it has raised $50 million in a Series E funding round. The round was led by a sovereign wealth fund in Southeast Asia and values the company at $1.4 billion post-money

Remote, Nium Join forces to power global workforces with real-time cross-border payments

Remote, the global human resource (HR) platform for distributed companies, has selected Nium, the Singapore-based real-time cross-border payments platform, to enhance its international payroll capabilities.

Autodesk : Singapore’s construction industry set to accelerate digital transformation with AI viewed as an essential growth driver

Singapore construction companies are planning to expand their use of digital technologies and are investing more than 20 percent of their expenditure into these digitalization efforts, a report said Tuesday.

Singapore’s iPiD closes oversubscribed $5.3M Pre-Series A round

International Payment Identity (iPiD), a Singapore-based fintech firm, announced Wednesday it has secured $5.3 million in a Pre-Series A funding round. This oversubscribed round was led by early stage tech-focused venture capital firm, Monk’s Hill Ventures.

Google’s investment in Singapore reaches $5B, underpinned by data center expansion

Google has on Monday announced the completion of its latest data center and cloud region campus expansion in Singapore. This milestone brings the company’s total investments in technical infrastructure in the country to $5 billion, up from $850 million in 2018.

Singapore skyline SGX SPAC

Singapore launches generative AI testing toolkit to address LLM safety and security challenges

Singapore has launched AI Verify- Project Moonshot, a testing toolkit designed to address security and safety challenges often associated with the use of large language models (LLMs), the cornerstone of many AI-driven solutions.