Singapore
DRB-HICOM invests in Carro’s auto fintech subsidiary Genie Malaysia
Edaran Otomobil Nasional Berhad (EON), a wholly-owned subsidiary of Malaysia-listed conglomerate DRB-HICOM, has made a strategic investment in Genie Malaysia, a subsidiary of Singapore-based online used car platform Carro.
Singapore’s YouTrip raises $50M Series B funding to accelerate regional expansion
YouTrip, a Singapore-based multi-currency digital payments platform, has on Thursday announced it has raised $50 million in its latest Series B fundraising round, led by new investor and global venture capital firm Lightspeed. This brings YouTrip’s total funds raised to over $100 million since inception.
Singapore’s OCBC rolls out generative AI chatbot to all employees globally
Singapore-based lender OCBC announced Wednesday that it will avail a generative artificial intelligence (AI) chatbot to its 30,000 employees globally in November to assist them with writing, research and ideation. The deployment of the chatbot, a collaboration between Microsoft’s Azure OpenAI and OCBC, aims to further boost productivity and better serve…
Singapore’s Triple-A raises $10M Series A funding from Peak XV and Shorooq Partners
Singapore-based digital currency payment institution Triple-A has announced their $10 million Series A funding round on Wednesday. Leading the round are repeat investors Peak XV Partners (formerly known as Sequoia India & South East Asia), along with the strategic backing of Shorooq Partners, one of Middle East and North Africa (MENA)’s leading…
Singapore’s Qosmosys secures $100M seed funding to expedite strategic goals
Qosmosys, a Singapore-based space venture, has announced a seed funding round of $100 million. The injection of this seed capital allows the firm to expedite its strategic goals, fortifying its position as a premier private player in the burgeoning moon economy.
Conrad Maintenance partners SoftBank Robotics Singapore for smart facility management service
Singapore-based cleaning firm Conrad Maintenance has welcomed its new shareholder SoftBank Robotics Singapore (SBRSG), the Asia-Pacific Headquarters of SoftBank Robotics Group Corp, as one of the first Singapore partnerships in order to transform the cleaning services into a smart facility management service in Singapore as (Smart Business Transformation…
City Energy and Gentari to study feasibility of building hydrogen pipeline from Malaysia to Singapore
City Energy and Gentari have signed a joint feasibility study agreement to construct a pipeline from Malaysia to Singapore for the import of hydrogen into the Republic. The study will be conducted over a period of 12 months.
Singapore’s Inteluck raises $34M in Series C funding led by Navegar
Inteluck, a Singapore-based technology-driven supply chain solution provider, has announce the successful completion of its Series C funding round, securing $34 million in investment. The round was led by Philippines-focused private equity firm Navegar and joined by existing investor East Ventures, a venture capital firm in Southeast Asia.
Singapore’s Charge+ raises Series A funding to accelerate its expansion plans into Southeast Asia
Charge+, a Singapore-based electric vehicle (EV) charging operator, has secured an undisclosed Series A funding round led by TRIVE Venture Capital to accelerate the expansion of its EV charging infrastructure in Singapore and throughout Southeast Asia.
Singapore’s Protos Labs raises $2.2M in oversubscribed Seed round
Protos Labs, a Singapore-based cyber risk management company, has on Monday announced a successful seed round funding of SGD $3 million ($2.19 million). The seed round saw participation from several prominent investors, reflecting the growing importance of holistic risk prevention and transference solutions.
