Singapore

Bluesheets raises $4M as it builds automation infrastructure for businesses globally to better manage financial data and workflows

With the funding, Bluesheets looks to reach more businesses in international markets, expand the use cases of its software, and expand its global team across functions to achieve this further growth.

Choco Up launches Choco Payment powered by Stripe to supercharge growth for digital merchants

Choco Payment is an integrated payment solution that provides revenue-based financing of up to $10 million to businesses with recurring revenues in verticals such as eCommerce and Software-as-a-Service (SaaS), among others.

Singapore’s True Global Ventures closes $146M follow on fund for Web3 startup

Singapore-based venture capital firm True Global Ventures (TGV) announced Thursday its first closure of its $146 million follow on fund to invest into late stage Web3 startups. The True Global Ventures 4 Plus (TGV4 Plus) follow on fund has a group of 15 General Partners (GP), who lead the fund and its Investment Committee, putting in more than $62 million…

Grab buys and relaunches food site HungryGoWhere

Grab Singapore, a leading superapp in Southeast Asia, announced Wednesday that it has bought and relaunched Singapore’s food site HungryGoWhere and its accompanying social media channels. The revamped HungryGoWhere brand aims to address the growing interest of diners to reconnect with its local food scene in much deeper ways.

Singapore’s AMILI raises $10.5M Series A round led by Vulcan Capital

AMILI, a Singapore-based precision gut microbiome company, said Wednesday it has raised$10.5 million in Series A funding to accelerate its business expansion in Southeast Asia and Greater Asia. The round was led by Vulcan Capital, the investment arm of the late Microsoft Corp co-founder Paul Allen that invests in category-leading technology, internet, and…

Sea’s e-commerce arm Shopee lays off staff in food delivery, online payments & global teams – report

The platform will also end its early-stage pilot in Spain. This comes after Shopee exited the French market in March. The e-commerce unit also exited the India market the same month.

Tesla sacks Singapore country manager after Elon Musk warns of 10% job cut

"Tesla announced a 10 percent of workforce reduction. My role was chosen to be eliminated as of today," the firm's country manager in Singapore Christopher Bousigues wrote in a LinkedIn post on Sunday.

Singapore’s Next Gen Foods launches plant-based chicken product in Germany

Singapore-based alternative protein startup Next Gen Foods said Monday it is rolling out its flagship plant-based chicken product TiNDLE, in restaurants across Germany. TiNDLE will debut across six of Germany’s biggest cities, across 40 sites with many more to come, partnering with over 20 of Germany’s toprestaurants – in a range of delicious applications…

Singapore’s Mighty Jaxx acquires Kinetiquettes and PLAYe to expand pop culture footprint globally

Mighty Jaxx, a Singapore-based integrated future culture platform that designs and produces digital and phygital collectibles, announced Monday the multi-million-dollar acquisitions of local companies Kinetiquettes, a high-end statue collectible company, and PLAYe, a specialised DTC platform of consoles, video games, collectibles, and action figures.

Singapore alternative funding startup Jenfi launches in Indonesia

Jenfi, a Singapore-based fintech startup, said Thursday it is expanding its business to Indonesia. The expansion follows its recent series A funding in 2021 and also includes Vietnam.