Singapore

Bank of China, DBS & HSBC join GSBN to form Trade Finance Advisory Group to transform global trade

The advisory group will explore the technical, legal, and regulatory frameworks needed to break the siloes between the global supply chain and financial institutions.

Singapore’s Broctagon Fintech Group launches WorldBook, a global crypto liquidity movement

The WorldBook combines the orderbooks of all connected exchanges to create a unified orderbook that enables multilateral liquidity flow.

[Updated] Catcha Group’s Patrick Grove considers SPAC-listing in Singapore

The development came after Singapore unveiled new rules for blank-cheque vehicles.

Singapore’s Neuroglee Therapeutics closes $10M Series A led by Openspace Ventures, EDBI

The funding injection will enable Neuroglee to launch virtual neurology clinics for patients diagnosed with mild cognitive impairment related to difficult-to-treat conditions such as Alzheimer’s disease, while also advancing the company’s DTx pipeline.

Sea Group office and logo

Singapore’s Sea aims to raise $6.3B in share & convertible bond sale

The company plans to use the net proceeds from the offerings for business expansion and other general corporate purposes, including potential strategic investments and acquisitions.

Singapore automotive startup Motorist raises $891K seed funding led by JobsCentral co-founder

Funds will be deployed to explore growth opportunities in Singapore and Malaysia, and kickstart its expansion into Thailand.

Singapore e-commerce startup Rainforest raises $20M pre-Series A funding round led by Monk’s Hill Ventures

Funds will be used to drive Rainforest’s growth strategy, including expanding its portfolio of e-commerce brands in the home goods, mother & kids, personal care and pet categories by three times and growing its leadership team.

Southeast Asia’s top 50 rising women in tech 2021 [Updated]

More and more venture capital (VC) firms and angel investors are wising up to the opportunity in investing in the region’s female founders. Despite the largely virtual deal-making environment over the past year due to COVID, women-led startups have secured multimillion-dollar rounds across a multitude of sectors.