Singapore

Singapore’s property portal MOGUL.sg raises $6.6M first Series A funding led by Nech Capital

MOGUL.sg, a Singapore-based artificial intelligence (AI)-driven property portal, has raised S$9 million ($6.58 million) in its first-ever funding round. The lead investor is Nech Capital.

Singapore’s Web3Re Technologies launches curated metaverse ecosystem

Web3Re Technologies Pte Ltd, a Singapore-based blockchain-as-a-service (BAAS) solutions company, has launched the country’s first curated metaverse ecosystem - Goya Universe, premised on demonstrating how blockchain can be used for good.

Razer launches traceable carbon neutral checkout solution

Razer, United States and Singapore-based lifestyle brand for gamers, has introduced Restorify, an e-commerce service rolled out by Razer Fintech, the financial technology arm of Razer. Restorify is a traceable carbon neutral checkout, and was launched during COP27, the 27th Conference of the Parties to the United Nations Framework Convention on Climate…

Huawei Cloud partners Singapore IMDA to launch incubator program

Huawei Cloud has launched the inaugural Spark Incubator program as part of its partnership with the Infocomm Media Development Authority’s (IMDA) PIXEL Innovation Hub. In a statement, The program targets early-stage Singapore-based start-ups in the pre-seed and seed space from sectors including FinTech, Web3, metaverse and software as a service (SaaS)…

Singapore climatetech venture builder Wavemaker Impact announces first close of its debut fund

Singapore-based climatetech venture builder Wavemaker Impact (WMI) announced the first close of its debut fund to drive decarbonization in the region at scale. Its limited partners include Pavilion Capital, an investment company established in Singapore in 2012; JG Digital Equity Ventures, the venture capital arm of the Philippines’ JG Summit Holdings;…

Singapore’s FastCo raises $7.48M in Series A funding; expects to break-even within next two years

In the extended Series A round, Malaysia-based investment firm OSK Ventures International (OSKVI) led the funding that raised a total investment of S$4.7million into FastCo with participation from existing investor Cento Ventures and new investor Kairous Capital.

DBS Bank launches accelerator in partnership with World Bank, Google Cloud

Singapore-based bank DBS and its global partners on Tuesday launched the second cycle of Sustaintech Xcelerator, a six-month climate-focused hybrid accelerator programme.The programme is organised in partnership with Temasek, GenZero, Google Cloud, the World Bank, Capgemini, and the Centre for Nature-based Climate Solutions at the National University of…

Singapore HealthTech platform Speedoc closes $28M Pre-Series B Round

Speedoc, the Singapore-based online and offline health provider, announced Tuesday it has closed its $28 million pre-series B funding round. The round includes new investors including Bertelsmann Investments, Shinhan Venture investment and Mars Growth. Vertex Ventures Southeast Asia & India, which led Speedoc’s $5 million Series A funding round in 2020,…

ANEXT Bank launches new industry initiative to scale financial inclusion for SMEs

ANEXT Bank, a digital wholesale bank incorporated in Singapore and a wholly-owned subsidiary of Ant Group, on Wednesday unveiled its latest initiative to drive further industry collaboration as part of its mission to enable effortless and inclusive financing for small and medium-sized enterprises (SMEs).

HashKey Capital Singapore gets fund management service approval from MAS

HashKey Capital Singapore Pte. Ltd., together with its affiliates, announced Friday that it has received its in-principle approval for the Capital Markets Services (CMS) license from the Monetary Authority of Singapore (MAS) as a licensed fund management company (LFMC).