Singapore
AWS to invest additional $9B in Singapore cloud infrastructure by 2028
Amazon Web Services (AWS) has announced plans to invest an additional SGD 12 billion ($8.87 billion) into its existing cloud infrastructure in Singapore from 2024 to 2028 to meet growing customer demand for cloud technology and services in the country.
Japan’s EMURGO partners liquidity provider GSR to strengthen Cardano ecosystem
EMURGO, a Japan-based blockchain technology company that facilitates commercial adoption of the Cardano blockchain, has on Tuesday announced a strategic relationship with GSR, the global cryptocurrency trading firm and liquidity provider.
Temasek-backed AI firm Blaize secures $106M funding
Blaize, a global artificial intelligence (AI) computing firm, has on Monday announced it has raised $106 million from investors including Singapore state investment firm Temasek.
Singapore’s Beam sees revenue grow 36 percent on year in 2023
Fueled by surging demand and strong expansion, Singapore-based micromobility company Beam saw a 36 percent increase in gross revenue from 2022, to a record $53 million in 2023.
Singapore’s Thrixen raises $7M in funding round co-led by 22Health Ventures and John Ballantyne
Thrixen, a Singapore-based medical technology start-up, has on Monday announced the successful close of an oversubscribed funding round, raising $7 million capital to accelerate the development of its innovative diagnostic technology platform for multiplex point of care testing.
Temasek Trust launches philanthropy advisory services arm
Temasek Holdings-owned Temasek Trust has on Monday announced the launch of TT Foundation Advisors (TTFA) which aims to be a one-stop independent provider of philanthropy advisory and management services to philanthropic foundations, family offices, business corporations, philanthropists, and charities across Asia.
SGInnovate: Singapore’s early-stage emerging tech startups total funding up 59 percent on year to $402M in 2023
Singapore’s early-stage emerging tech startups saw an uptick in funding in 2023, with total funding climbing to $402 million in 2023, up 59 percent from $253 million in 2022, SGInnovate said Tuesday.
Igloo inks partnerships with Zalopay, Lotte Finance, OPES, FE Credit to expand insurance excess in Vietnam
Singapore-headquartered regional insurtech Igloo has partnered with Vietnam-based finance solutions Zalopay, Lotte Finance, FE Credit and digital insurer OPES to expand insurance coverage to broader underinsured communities in Vietnam.
Singapore’s Thunes acquires US payments platform Tilia LLC
Thunes, a Singapore-based cross-border payments company, announced Tuesday it has signed a definitive agreement to acquire Tilia LLC, a United States-based all-in-one payments platform for gaming, to accelerate its growth in the US and its presence in the fast-expanding online gaming market.
Funding Societies partners SGeBIZ to bring embedded finance solutions for SMEs in Singapore
Funding Societies, the Singapore-based unified small and medium enterprises (SME) digital finance platform, has announced a strategic partnership with Singapore E-Business (SGeBIZ), a digital procurement, payment and sourcing platform provider, to bring business to business (B2B) embedded finance (EmFi) solutions to businesses in Singapore.
