Singapore

Singapore’s Allozymes raises $15M in Series A funding led by Seventure Partners, Xora Innovation

Allozymes, a Singapore-based innovator in enzyme discovery and engineering, has on Monday announced the closing of a $15 million Series A funding round led by Seventure Partners of France and Xora Innovation of Singapore.

Sea’s revenue up 22.8 percent year on year in first quarter

Southeast Asian technology firm Sea saw its total revenue rise 22.8 percent year on year to $3.7 billion in the first quarter.

Chinese AI firm iFLYTEK establishes regional HQ in Singapore to boost growth in Southeast Asia

Chinese artificial intelligence (AI) firm iFLYTEK said Tuesday it will establish regional headquarter (HQ) in Singapore to boost growth in Southeast Asia (SEA).

Atome partners Taobao Singapore to introduce BNPL payment option for Taobao shoppers

Atome, a Singapore-based digital financial services platform, has announced its collaboration with Taobao Singapore to introduce its buy-now-pay-later (BNPL) payment option for Taobao shoppers in Singapore.

Linnovate Partners raises $40M in funding led by SeaTown

Linnovate Partners, a Singaporean firm involved in asset servicing and fintech for the alternative investment industry, has announced the successful closure of $40 million funding commitment by SeaTown Private Capital Master Fund.

Singapore’s NSG BioLabs raises $14.5M in financing round led by Celadon Partners

NSG BioLabs, Singapore's largest provider of biotech co-working laboratory and office space, has successfully concluded a $14.5 million financing round. The round was led by Celadon Partners, an Asian private equity firm.

Alipay+ partners Nepal Clearing House Ltd to enable merchants in Nepal to accept cross-border mobile payments from travellers

In the coming months, users of more than 10 mobile wallets and banking apps, which are payment partners of Alipay+ will be able to use cashless payments when they travel to Nepal.

Princeton Digital Group secures $280M green loan for AI-ready data center campus in Malaysia

Princeton Digital Group (PDG), Asia’s leading data center provider, has secured its first MYR 1.27 billion ($280 million) green loan for its 150MW artificial intelligence (AI)-ready JH1 campus in Sedenak Tech Park (STeP) in Johor, Malaysia.

The Radical Fund collaborates with Keppel on sourcing for climate solutions to decarbonize the built environment

The Radical Fund has signed a non-binding Memorandum of Understanding (MOU) with Keppel’s Real Estate Division to signify a strategic partnership with the shared goal of driving innovation in sectors such as the built environment, renewable energy, decarbonization, and infrastructure technology.

Ant International to expand business in Saudi Arabia

Ant International has inked a Memorandum of Understanding (MoU) with the Ministry of Investment of Saudi Arabia (MISA) to expand its business into the Kingdom.