Singapore

Wavemaker Partners launches climate tech venture builder Wavemaker Impact with $25M target for its first fund

Wavemaker Partners believes that climate change is an existential threat for the region, with three of its largest cities facing the threat of being underwater by 2050. Thus, the founders of Wavemaker Impact believe that entrepreneurs will drive solutions to addressing climate change and aim to launch companies that will reduce 10 percent of global…

Singapore fashion brand Love, Bonito raises $50M in Series C funding to fuel category and international expansion

Proceeds from the fundraise will enable Love, Bonito to bolster efforts in existing omnichannel markets and supercharge international expansion in markets that collectively are experiencing triple digits year-on-year growth. These key markets include Hong Kong, Japan, the Philippines, and the US.

Temasek launches $3.34B investment platform to support businesses with regional or global aspirations

65 Equity Partners seeks to partner with fundamentally sound and well-managed businesses with clear growth strategies over the long term. It will invest across industries with strong structural tailwinds, such as consumer, industrial and business services, logistics, healthcare, and technology, underpinned by committed owners and management teams. 65 Equity…

DaaS provider QoreNext raises $1.5M seed funding backed by Wavemaker Partners to bring data science solution to the market

The seed round will help the QoreNext platform to advance the production of its main modules and to bring its first set of data products to the market, the company said in a statement. Previously, the startup closed an angel investment round from leaders in the insights, payments, and data spaces.

Global streaming platform Viki founders launch TheVentures Singapore, a venture builder for startups across Southeast Asia

TVSG is focused on early-stage, high-growth tech businesses in Southeast Asia. It will seek opportunities in domains including e-commerce, community, FinTech, online to offline, biotech, healthcare, FoodTech, and sustainability.

Emerging Vision to grow further in India & US as online ‘fortune-telling’ services soar amid pandemic

The firm is also expected to rake in revenue of more than $6 million this year as demand for its astrology, tarot card reading services gained popularity.

Singapore HealthTech HeartVoice acquires Integrated Wellness Clinic to combine tech capabilities with medical expertise

Through this acquisition, HeartVoice strengthens its team with the addition of a medical arm consisting of family physicians, qualified nurses, and sophisticated patient service officers.

Cloud communications firm Vonage acquires omnichannel conversational commerce solutions provider Jumper.ai

Vonage has acquired Jumper.ai to boost its existing portfolio.Conversational commerce is an in-demand retail trend that capitalizes on the growing convergence of shopping and conversations on platforms such as Facebook Messenger, WhatsApp, and Instagram, using the chat feature to create a seamless shopping experience. Consumers can engage in personal…

Singapore EdTech Doyobi raises $2.8M pre-Series A led by Monk’s Hill Ventures

Doyobi has closed a $2.8 million pre-series A round led by Monk’s Hill Ventures, to upskill teachers And bring STEM to schools in Asia and the Middle East.

Grab expands merchant services for SMEs across Southeast Asia

This is in line with Grab Financial Group’s move to be more merchant-centric in its offerings and support its merchants’ business growth across the region.