Singapore

Prudential officially launches global AI Lab in Singapore

The Prudential AI Lab was developed with support from the Ministry of Digital Development and Information (MDDI), the Economic Development Board of Singapore (EDB) and the Monetary Authority of Singapore (MAS). It has been launched in partnership with Google Cloud, which is providing Prudential employees with end-to-end technical support and access to…

HubSpot: despite the hype, only 27 percent of Singapore businesses officially implemented AI

A new report from HubSpot, the customer platform for scaling businesses, has found that despite an ongoing focus on artificial intelligence (AI) growth and adoption in Singapore, only 27 percent of local organizations have officially implemented AI or AI-enhanced tools to support employees with their work.

Singapore’s Locad raises $9M in Pre-Series B fundraise co-led by Global Ventures, Reefknot Investments

Singapore's logistics firm Locad has raised $9 million in Pre-Series B fundraise co-led by Global Ventures and its existing investor Reefknot Investments.

Temasek-backed 65 Equity Partners acquires 13 percent stake in Chinese cloud platform Tuya

Tuya Inc., a China-based cloud platform service provider, has on Monday announced that a definitive agreement has been entered into in respect of a strategic investment by 65 Equity Partners through its purchase of an approximate 13 percent of Tuya's total issued shares from New Enterprise Associates (NEA).

Singapore’s Oneteam raises $2.6M seed round to revolutionise SME succession through employee ownership

The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners.

Singapore’s Atome Financial secures up to $200M syndicated facility to support financial inclusion in Southeast Asia

The new facility is anchored by HSBC through its ASEAN Growth Fund and is also supported by DBS Bank Ltd, Sumitomo Mitsui Banking Corporation (SMBC) Singapore branch and Brunei’s Baiduri Bank.

Deloitte: Malaysia leads SEA region with record IPOs this year

Malaysia has led Southeast Asian (SEA) region with record initial public offerings (IPOs) this year, Deloitte said Tuesday.

Cybersecurity unicorn Semperis bolsters identity-driven cybersecurity efforts in Singapore following major funding round

Semperis, a global cybersecurity firm, will bolster identity-driven cybersecurity efforts in Singapore following its major funding round.

Crypto exchange OKX launches SGD deposits and withdrawals for Singapore customers

OKX, a global crypto exchange and onchain technology company, has on Monday announced it will provide instant, zero-fee SGD deposits and withdrawals to OKX customers in Singapore through PayNow and Fast and Secure Transfers (FAST) payment services.

Singapore’s Portcast secures $6.5M Series A funding led by Susquehanna Asia VC

Portcast, the Singapore-based provider of real-time transportation visibility and predictive analytics, has on Monday announced it has raised $6.5 million in a Series A funding round.