Singapore

Endowus, a Singapore-based wealth management platform, has on Wednesday announced the official launch of its digital wealth management services in Hong Kong. Hong Kong is Endowus’ first overseas expansion market after Singapore.

Explico, a Singapore based edtech startup, announced Wednesday that it has successfully secured $1.4 million in pre-series A funding. Key investors include Astonic Ventures Singapore, MAVIS TUTORIAL CENTRE, which is one of the largest local tuition centres and Singapore Asia Publishers, the well-known publishing house and a few angel investors.

ZEBOX, a global accelerator gathering a network of entrepreneurs, industry leaders and ecosystem experts, has on Tuesday announced the launch of its Asia Pacific hub in Singapore.

Cosmose AI (Cosmose), a Singapore-based platform that predicts and influences how people shop offline, has on Monday announced the strategic investment from NEAR Foundation, a Web3 technologies firm based in Switzerland, valuing the company at $500 million.

Singapore’s emerging tech startup pipeline appears to be maturing to reach a ‘steady state’ with approximately 60 startups incorporated annually, but early-stage startups looking to fundraise this year may face especially challenging conditions, according to the Singapore Early-Stage Emerging Tech Startups 2022 landscape report.

AngelHack, an United States-based firm that primarily organizes and hosts hackathons for other companies, has on Monday announced the launch of hacksingapore, the nation’s annual flagship hackathon supported by the Infocomm Media Development Authority (IMDA), which will begin this May.

Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap solutions and battery-as-a-service (BaaS).

Betterdata, a Singapore-based programmable synthetic data company, has raised an over-subscribed seed round of $1.65 million led by Asia-Pacific-based venture capital firm Investible.

Foodpanda, Asia’s largest food and grocery delivery network outside of China, has entered into a strategic partnership with TADA, a blockchain-based ride hailing platform in Singapore, to introduce new user benefits for customers in Asia, starting with Singapore and Cambodia.

Accredify, a Singapore-based verifiable technology solutions provider, has on Thursday announced that it has raised $7 million during its Series A funding round, co-led by top venture capital firms iGlobe Partners and SIG Venture Capital.