Singapore

Formula 1 powerhouse McLaren Racing launches a 7- page comic series of NFTs on the energy-efficient Tezos — also an official Technical Partner of the team — ahead of the Singapore and Japanese Grands Prix happening on 2 October and 9 October respectively.

Besides Japan, Carro is also eyeing several markets including Australia, Philippines, Vietnam markets, Narushima said.

Singapore-based super app Grab Holdings Limited announced Tuesday that it is targeting to achieve breakeven on a group adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) basis by the second half of 2024, as it accelerates its path to profitability.

Singapore-based E-commerce aggregator startup Una Brands announced Thursday it has closed a capital raise of $30 million in the first close of a Series B funding round led by White Star Capital and Alpha JWC Ventures.

HeadsUp, the Singapore-based conversion engine for product led sales, announced Wednesday that it has closed $8.5 million in seed funding from top software as a service (SaaS) venture capitals, as well as operators at fast-growing SaaS companies.

Singaporean bank DBS announced Friday that it has rolled out self-directed crypto trading via DBS digibank, enabling wealth clients who are accredited investors to trade cryptocurrencies on DDEx at their convenience.

Singaporean blockchain based multi enterprise supply-chain business network (MESCBN) platform #dltledgers, announced Wednesday that it has raised $8.5 million from its lead investor in a Series B funding round. This strategic round now brings the firm's valuation to well above $100 million, up from $46 million after its Series A round just over a year ago.

Cargobase, a Singapore-based logistics software firm, said Tuesday it has raised funds from Lufthansa Innovation Hub and Trestle Partners, reinforcing their joint commitment to supply chain tech innovation and digitalisation.

Singapore-based private equity firm Tower Capital Asia has on Tuesday concluded the final closing of its maiden blind-pool private equity vehicle, TOWER CAPITAL PE FUND I, LP. A total of $379 million has been raised from pre-eminent institutional investors and family offices globally, surpassing the Firm’s original target of $300 million.

Singapore-based used car marketplace Carro on Tuesday announced its expansion into Japan through a joint venture with SoftBank Corporation (SoftBank). As part of its entry, CARRO JAPAN Co., Ltd. (CARRO JAPAN) aims to introduce its full suite of services, such as subscription-based services and car leasing.