Singapore
Singapore’s NOVI Health raises $5M in Series A round led by Monk’s Hill Ventures
NOVI Health, a Singapore-based provider of technology-enabled chronic disease and preventive healthcare, announced Thursday the closing ofits Series A fundraising, securing $5 million, led by Monk’s Hill Ventures. The funding will be used to accelerate hiring for its technology, growth, and product teams, while also investing further in its…
DBS becomes first bank in Asia to complete intraday repurchase transaction on a blockchain based network
Singapore-based bank DBS announced Wednesday that it has become the first bank in Asia to complete an intraday repurchase transaction on J.P. Morgan’s intraday repurchase application on Onyx Digital Assets, a blockchain based network which supports instant settlements and maturity of the transactions within hours instead of the current industry norm of one…
Singapore-based climate tech start-up URECA closes Pre-Seed funding round at $1.5M
URECA, a Singapore-headquartered climate tech company, has announced on Tuesday the close of its pre-seed fundraising round at $1.5 million, exceeding the company’s original target to raise $1 million. This funding will be used to scale URECA’s operations across Southeast Asia and to accelerate the launch of its unique marketplace that enables people to…
Yangzijiang Financial partners Heliconia Capital to launch $109M fund to invest in Southeast Asian SMEs
Singapore-listed financial firm Yangzijiang Financial Holding Ltd, has partnered with Temasek-backed investment firm Heliconia Capital Management Pte. Ltd. (Heliconia), to launch S$150 million ($109 million) fund to invest in promising small and medium enterprises (SMEs) in Singapore and other Southeast Asian countries.
Singapore’s Wavemaker Partners names ex-Facebook exec Andy Hwang as General Partner
Wavemaker Partners, a Singapore-based venture capital firm, has on Wednesday welcomed Andy Hwang as its new General Partner, as the firm celebrates 10 years of investing in the region. Hwang is transitioning into venture capital after angel investing and coaching startup founders full-time for the past year.
Singapore’s Chinese media platform 7.5 Degree raises $ 1.4M in Pre-Series A Funding
Launched in 2017, the Singapore-based brand 7.5 Degree has been the first Chinese digital media that focus on Southeast Asia's new economy.
Singapore’s Kristal.AI secures $10M for its pre-series B funding round
Kristal.AI, a digital private wealth management platform based in Singapore, has raised over $10 million for its pre-series B funding round. The latest funding round has seen continued participation from the founders, existing investors such as Chiratae Ventures, Sanadhya family, Desai Family Office and brings in new investors such as Stride Ventures and…
DEA signs MOU with Rakuten for collaborative Web3 partnership
Digital Entertainment Asset (DEA), a Singapore-based global Web3 entertainment company that operates the PlayMining non-fungible token (NFT) gaming platform, announced Thursday that it has signed a memorandum of understanding with Rakuten Group for a collaborative partnership in the Web3 domain.
Grab’s 3Q revenue up 143 percent year on year to $382M
Singapore-based super app Grab announced Thursday that its revenue surged 143 percent year on year to $382 million in the third quarter ended September 30, driven by strong growth in mobility and deliveries revenue. The firm has achieved segment adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) breakeven for overall…
Singapore’s Betafi raises $1.3M Pre-seed funding led by Together Fund, Entrepreneur First, and Titan Capital
Betafi, a Singapore-based unified user research platform, announced Thursday it has raised $1.3 million in pre-seed funding led by Together Fund, Entrepreneur First, and Titan Capital. The round also saw participation from Nir Eyal and founders from leading companies such as Razorpay, Pine Labs, Snapdeal, Livspace, and others.
