Singapore
Insurers, insurance asset managers expect a wave of M&A activity to hit Singapore and Hong Kong in 2024, says Clearwater Analytics
Insurers and insurance asset managers are expecting a wave of merger and acquisition (M&A) activity to hit Singapore and Hong Kong in 2024, as the region echoes the wider global industry trend towards consolidation, Clearwater Analytics said Tuesday.
Singapore’s Doctor Anywhere attracts $40.8M in fresh funding to scale healthcare innovation
Doctor Anywhere, a tech-led healthcare company headquartered in Singapore, has on Thursday announced a $40.8 million Series C1 extension round with participating investors including Square Peg and Novo Holdings. The influx of funds will be directed to strategically drive next-generation healthcare innovation within the company, and to deepen its presence…
Singapore’s Bitsmedia raises $20M in Series A funding led by CMIA Capital Partners, Gobi Partners, Bintang Capital Partners
Bitsmedia, the creator of the widely popular Muslim lifestyle application (app), Muslim Pro in Singapore, has successfully secured $20 million in its Series A funding round. This funding round saw participation from Asia-focused venture capital firm, Gobi Partners, alongside continued support from existing investors – CMIA Capital Partners, and Bintang…
Singapore cultivated meat startup Meatiply raises $3.75M seed funding for expansion
Singapore-based cultivated meat company Meatiply has secured $3.75 million in the first close of its seed funding round. The round is co-led by existing investor Wavemaker Partners and AgFunder, with participation from SEEDS Capital, the venture investment arm of Enterprise Singapore.
Demand for AI roles is expected to increase in 2024, says Glints
The demand for artificial intelligence (AI) roles is expected to increase in 2024, with top three roles being sought after are artificial intelligence (AI) engineer, AI mentor or trainer, data scientist and analyst, Southeast Asia talent platform Glints said in a report on Tuesday.
YouTrip teams up with Google Pay to make payments seamless
YouTrip, Singapore’s multi-currency e-wallet, has on Wednesday announced its integration with Google Pay, enabling Android users the convenience to make secure and effortless payments. This integration marks another significant milestone in YouTrip's journey to empower users with a more seamless, and smarter experience across different payment options…
MAS launches coalition; announces pilots to develop transition credits for early retirement of Asia’s coal plants
The Monetary Authority of Singapore (MAS) has on Tuesday announced the launch of the Transition Credits Coalition (TRACTION) and two pilot projects to test the use of high-integrity transition credits in transactions for the early retirement of coal-fired power plants (CFPPs).
ADB, GEAPP and MAS to establish $2B blended finance fund for energy transition in Asia
The Asian Development Bank (ADB), Global Energy Alliance for People and Planet (GEAPP) and the Monetary Authority of Singapore (MAS) have on Tuesday announced their intent to establish a $2 billion blended finance partnership to accelerate energy transition at scale in Asia.
Singapore’s Circulate Capital announces final close of $73M climate tech fund
Circulate Capital, a Singapore-based environmental impact investor advancing the circular economy for plastics in high-growth markets, announced Tuesday the final close of the Circulate Capital Ocean Fund I-B (CCOF I-B), bringing the fund’s total asset under management (AUM) to $73 million and the firm’s total AUM to $255 million.
Climate tech venture builder Wavemaker Impact closes first fund at $60M
Wavemaker Impact (WMI), a Southeast Asia’s climate tech venture builder, has announced the final close of its debut fund dedicated to driving large-scale decarbonization efforts in the region. The first fund hit its $60 million hard cap, surpassing its initial $25 million target by 2.5 times.
