Singapore

UOB, SGX-backed ADDX collaborate on $36.8M sustainability-linked digital bond

UOB was appointed as a joint lead manager for the S$675-million ($496.56 million) sustainability-linked bond issued by Sembcorp, through its wholly-owned subsidiary Sembcorp Financial Services. The bank partnered with ADDX to custodise and manage a S$50-million ($36.78 million) portion of the bond.

Singapore-based Qapita raises $15M Series A co-led by East Ventures & Vulcan Capital

Qapita plans to add more products to its platform that will not only provide solutions for private companies and startups but also to investors, shareholders and employees.

Singapore skyline SGX SPAC

Temasek leads $550M funding round in Israel cloud security firm Orca Security

Orca Security will leverage Temasek’s investment portfolio and global network to deepen its penetration into the Asia Pacific (APAC) region and beyond, and into key industries such as telecom, financial services, transportation, consumer goods, and more.

Grab to increase stakes in Indonesia-based e-wallet OVO to 90% – report

Grab has increased its holding in Ovo's parent company PT Bumi Cakrawala Perkasa from about 39 percent.

Singapore-based Quincus raises Series B at over $100M valuation

Quincus looks to use Series B funding to continue expanding its footprint in Asia-Pacific, the Middle East, and select markets in Latin America, Europe, and North America.

Singapore Heritas Capital Fund II

SBI, Sygnym, Azimut launch $75M digital asset-focused VC fund in Singapore

The fund aims to back digital asset companies across Europe and Southeast Asia, focusing on companies developing distributed ledger technology infrastructure, decentralized finance solutions, and regulatory technology tools.

From TechInnovation 2021, here are some groundbreaking tech that could revolutionize industries and change the world

The event, presented by IPI, returns for its 10th edition this year as a digital event that will run around the clock from September 28 to 30, 2021. 160 international exhibitors will present over 400 technologies in the virtual TechInnovation exhibition, with the goal of enabling eco-friendly consumption, improving food production, and securing people’s…

Singapore skyline SGX SPAC

SGX-backed ADDX tokenizes global private equity fund managed by Partners Group

The EUR5.5 billion Global Value SICAV Fund is the first fund by a major PE firm to be tokenized anywhere in the world.

Singapore-based Forge Ventures hits first close of maiden fund at $21.9M

Forge Ventures said it will build a concentrated portfolio of just 15 companies over the next three years with a focus on Singapore and Indonesia.

Malaysia & Singapore to link real-time payment systems in Q4 2022

The first phase of the DuitNow-PayNow linkage will be launched in the fourth quarter of 2022 and will allow customers of participating financial institutions to make real-time fund transfers between Malaysia and Singapore using just a mobile number.