Singapore

Singapore’s Funding Societies signs $50M credit facility with HSBC to drive SME growth in Southeast Asia

Funding Societies, a Singapore-based FinTech firm, announced Monday the signing of a $50 million credit facility with HSBC Singapore to continue expanding the firm’s reach to serving underserved small and medium-sized enterprises (SMEs) in the region.

Singapore’s HealthTech firm Qritive aims to improve cancer diagnosis through AI [Q&A]

In the interview, Sathe also shared his views on the overall MedTech industry in Southeast Asia. Contrary to the general perception that it is often dominated by the western or advanced nations, he expects startups in Asia and Southeast Asia could completely transform the industry.

Singapore’s Safeheron raises $7M Series Pre-A funding led by Yunqi Partners and Web3Vision

Safeheron, a Singapore-based self-custody solution provider, is announcing $7 million in Pre-A funding co-led by Yunqi Partners and Web3Vision.The round also saw participation from PrimeBlock Ventures, M77 Ventures, ShataCapital, Kryptos, Antalpha Ventures, Waterdrip Capital, 7 O’CLOCK CAPITAL, Rokid’s Founder Misa Zhu, and Fan Zhang, the former co-founder…

Singapore’s SunGreenH2 closes $2M seed funding led by SGInnovate

Singapore based cleantech company SunGreenH2 announced Wednesday it has raised a $2 million seed round led by SGInnovate. The round also saw participation from Vinci VC, Cap Vista, Entrepreneur First, SOSV’s HAX, she1K, T. Chen Fong and Apsara Investments.

Singapore’s FOMO Pay raises $13M Series A round led by Jump Crypto

Singapore-based FinTech firm FOMO Pay, announced Thursday that it has secured a $13 million investment for its Series A round led by Jump Crypto. Other participating investors include HashKey Capital, Antalpha Ventures, Ab Initio Capital, and Republic Capital

Deliveroo, Foodpanda and Grab jointly launch digital platforms industry association in Singapore

The three major food delivery platform companies, Deliveroo, Foodpanda and Grab, have come together to launch the Digital Platforms Industry Association (DPIA). Through the association, these platform companies will strengthen the frameworks, guidelines, and policies that support their delivery partners and merchants.

Coca-Cola and Grab join hands to drive growth and digitalisation in Southeast Asia

Global beverage company Coca-Cola and Southeast Asia’s leading superapp Grab announced Thursday an integrated regional partnership that will build on Coca-Cola’s extensive offline retail presence and Grab’s large online network to unlock growth opportunities in a booming digital consumer market.

Singapore deep-tech firm Quantified Energy Labs secures $1.5M angel funding

Singapore deep-tech firm Quantified Energy Labs Pte. Ltd. (QE-Labs) announced Wednesday that the company has secured $1.5 million angel round funding from investor Liu Xiaosong, for accelerating its commercialization of the company’s proprietary autonomous drone electroluminescence (EL) mapping technology.

Singapore’s MiyaHealth raises additional pre-series A funding for global expansion

MiyaHealth, a Singapore-based HealthTech start-up, has raised an undisclosed sum in additional funding from leading healthcare and technology investors including HealthXCapital, Central Capital Ventura, and SEEDS Capital. The fresh funds will be used to accelerate the company’s product development, hiring, and expansion plans.

NTU Singapore, Algorand to launch blockchain education and research center in Singapore

Nanyang Technological University, Singapore (NTU) has been selected by Algorand Foundation, the world’s most green and secure blockchain ecosystem, to host a new research and education centre aimed at developing and advancing blockchain technologies.