Singapore

Singapore’s StealthMole bags $7M in Series A funding round led by Korea Investment Partners

StealthMole, a Singapore-based cybersecurity firm, has bagged $7 million in a Series A funding round led by Korea Investment Partners (KIP). The round was also joined by Hibiscus Fund, a multinational joint venture between RHL Ventures, Penjana Kapital, and KB Investment) and Smilegate Investment.

XM Studios forms strategic brand alliance with IMMORTALS

Singapore-based luxury art collectables XM Studios has on Wednesday announced a strategic brand alliance with China-based art collectibles IMMORTALS, signifying a pivotal moment for both entities in their pursuit of expansion and innovation within the collectibles industry.

HSBC launches $1B ASEAN Growth Fund; introduces Venture Debt Fund

Global lender HSBC has on Wednesday announced the launch of a $150 million Venture Debt offering in Singapore, and a $1 billion ASEAN Growth Fund, targeting new economy businesses.

ACE.SG inaugurates Women Entrepreneurship Committee to broaden support for women entrepreneurs in Singapore

In celebration of women entrepreneurship, Action Community for Entrepreneurship (ACE.SG) has on Wednesday by inaugurated its Women Entrepreneurship Committee (WEC) to broaden support for women entrepreneurs in Singapore.

Golden Gate Ventures promotes Angela Toy to COO in strategic international expansion move

Golden Gate Ventures, a Singapore-based venture capital fund, has on Wednesday announced the appointment of Partner Angela Toy as its Chief Operating Officer (COO). This newly created position reflects Golden Gate Ventures' commitment to robust expansion and strategic leadership in startup ecosystems.

Singapore’s Elevate Foods secures $525,000 in pre-seed funding led by Wavemaker Impact

Elevate Foods, a Singapore-based platform for small- and medium-sized farm-gate processors, has announced the successful closure of its pre-seed funding round at $525,000, led by climate-focused investors Wavemaker Impact (WMi).

Venturi Partners invests $25M in Philippines’ DALI Discount

Venturi Partners (Venturi), a Singapore-based growth equity firm specializing in consumer investments across India and Southeast Asia, has on Tuesday announced its $25 million investment in DALI Discount (DALI), a rapidly expanding hard discount chain operating in the Philippines.

Helicap partners Crowd Credit to pump $50M into Southeast Asia for Japanese investors

Japanese financial services company Crowd Credit Inc has parntered with Singapore's fintech firm Helicap Pte Ltd (Helicap) to pump $50 million into Southeast Asia for Japanese investors.

Singapore’s Doxa inks deal with Maybank for supply chain financing in construction sector

Malayan Banking Berhad (Maybank) has inked a deal with Singapore-headquartered fintech firm Doxa Holdings International (Doxa), to collaborate on providing and elevating supply chain financing (SCF) solutions for market players in the building and construction sector, and later expanding into other industries.

Singapore’s Thunes expands strategic collaboration with Visa

Thunes, a Singapore-based cross-border payments company, has on Thursday announced its deepened strategic collaboration with Visa, a world leader in digital payments, aimed at enabling new endpoints in key markets across Asia and Africa.