Singapore

Singapore’s Perfect Nature raises $740,000 seed funding for subsidiary Snuugo

Perfect Nature, a Singapore-based healthcare and lifestyle company, has secured SGD $1 million ($740,000) in seed funding for its subsidiary brand, Snuugo, the first intuitive and smart wearable breast pump designed and manufactured locally.

Singapore’s Studio 30 50 launches open call for startups to fast-track commercial viability via maritime

Studio 30 50, a Singapore-based MaritimeTech venture studio, has launched applications for its next cohort of startups and founders eyeing commercial scale in the maritime industry in 2024.

OneDegree Global, Eazy Digital forge strategic alliance to offer innovative solutions for insurance providers

Singapore-based insurance technology solutions provider OneDegree Global (OneDegree) and Thailand-based sofeware as a service (SaaS) insurtech startup Eazy Digital have joined forces in a strategic partnership aimed at setting a new standard in Asia's insurance sector.

Singapore’s Earth VC participates in Finnish Earth observation company Kuva Space $18M funding round

Finnish Earth observation company Kuva Space has successfully raised €16.6 million ($17.85 million) in funding. The funding round was led by existing investors Voima Ventures and Nordic Foodtech VC, with Singapore-based Earth VC also participating.

Singapore venture capital firm Clay Capital closes second fund at $145M

Singapore-based venture capital firm Clay Capital has announced fund two, a $145 million global fund to reconnect and strengthen the link between human health and the health of the planet through innovative technology.

Singapore’s Engine Biosciences secures $27M in Series A extension led by Polaris Partners

Engine Biosciences, a Singapore-based company leveraging machine learning and high-throughput biology to discover and develop precision oncology medicines, has on Wednesday announced the completion of a $27 million Series A extension. The financing was led by Polaris Partners, with participation from both new and existing investors, bringing the total funds…

Singapore’s STACS launches Upgraded ESGpedia platform

Singapore-based environmental, social, and governance (ESG) data and technology solutions company STACS, has launched upgrades to its ESGpedia platform, offering digital tools to help businesses and financial institutions comply with the increasing ESG regulatory requirements across Europe and Asia.

MAS bars DBS Bank from acquiring new business ventures for six months after prolonged disruption

The Monetary Authority of Singapore (MAS) has imposed a six-month pause on DBS Bank Ltd’s (DBS Bank) non-essential information technology (IT) changes to ensure that the bank keeps sharp focus on restoring the resilience of its digital banking services.

Funding Societies raises $7.5M in debt from Norfund

Funding Societies | Modalku, the largest unified small and medium enterprises (SME) digital finance platform in Southeast Asia, has on Thursday announced that it has raised $7.5 million in debt from Norfund, a Development Financial Institution (DFI) which operates an investment fund owned by the Norwegian government for developing countries.