Singapore

Urban solutions & sustainability dominate the 11th Lee Kuan Yew Global Business Plan competition revolutionary finalists

With the theme 'Innovations Beyond Boundaries - Reimagining a Smart, Sustainable & Resilient Future’, one of Asia’s largest university-led startup challenge empowers young founders to solve urgent global challenges through deep-tech solutions.

Singapore healthtech startup Speedoc partners Parkway Shenton to expand medical care reach

Singapore healthtech start-up Speedoc has on Wednesday announced a partnership with Singapore’s primary healthcare provider Parkway Shenton. The partnership intends to leverage Speedoc's expertise in providing hospital-level care and expand care options for patients of Parkway Shenton, extending their reach into the community while providing medical care…

Temasek reports lower net portfolio value of $285B in FY2023

Singapore investment firm Temasek has reported a net portfolio value (NPV) of SGD 382 billion ($284.61 billion) in financial year ended March 31, 2023 (FY23), a drop of 5.21 percent as compared to SGD 403 billion ($300.26 billion) in FY2022.

DBS divests majority stake in AXS to Tower Capital Asia

Singaporean financial firm DBS Bank Ltd (DBS) has on Tuesday announced that it has entered into an agreement to sell a 77.8 percent stake in its payments firm AXS Pte. Ltd. (AXS) to private equity firm Tower Capital Asia.

Malaysia’s Gentari partners Singapore’s Keppel, Semcorp for clean energy solutions in SEA

Malaysian clean energy solutions provider Gentari Sdn Bhd (Gentari) has partnered Singaporean conglomerate Keppel and renewables player Sembcorp Industries (Sembcorp) for clean energy solutions in Southeast Asia (SEA).

Singapore IoT multi-sensing platform nami raises $10.5M Series A funding

Nami, a Singapore-based multi-sensing platform and ecosystem enabler for the Internet of Things (IoT) industry, has announced the close of its Series A financing round, raising $10.5 million from strategic investors including Verizon Ventures, Amavi Capital, INSPiRE and Aconterra.

Singapore’s Needle closes $1.2M Pre-Seed round led by Iterative

Needle, an end-to-end artificial intelligence (AI) marketer based in Singapore, has on Wednesday announced the close of its $1.2 million oversubscribed pre-seed round led by Iterative. The round also saw participation from Ethos Fund and Goldbell Financial Services.

Singapore’s VentureBlick secures $2.6M for first two startups

VentureBlick, a Singapore-based venture platform for healthcare innovation, has announced the successful closure of its first two deals, securing a total of $2.6 million for two startups despite a challenging funding environment.

Singapore’s EDBI backs US’s Moloco amid machine learning growth

Moloco, a United States firm in operational machine learning (ML) and performance advertising, has announced that investors including Fidelity Management & Research Company and Singapore-based global investor EDBI, have become its shareholders via secondary stock transactions.

Singapore yellow biotech firm Ento Industries raises growth funding to ramp up production capabilities

Singapore home-grown biotechnology start up Ento Industries has secured growth funding from a pair of environmental, social and governance (ESG)-focused private investors Tak Wai CHUNG and Te-LingNAI. The funding will expedite the firm's move to a larger facility and ramp up its production capabilities.