Singapore

UNDP, Trigger team up to support Singapore startups with smarter investment

The United Nations Development Program (UNDP) and Trigger Asset Management (Trigger) have launched a partnership aimed at unlocking capital and strengthening support for startups and businesses advancing the Sustainable Development Goals (SDGs).

Temasek-backed Seviora appoints Gabriel Lim as new CEO

Seviora Holdings, a wholly-owned subsidiary of Temasek Holdings, has announced that Gabriel Lim will join the group on 1 May 2025 as Chief Executive Officer-Designate and will be appointed to the board of Seviora Holdings.

Maybank positive on Grab after management lifts its guidance

Maybank Investment Bank said Thursday that it was positively surprised by the lift in Grab's guidance as tariff uncertainty has raised the risk of macro and forex volatility.

Cocoon Capital announces first close of $50M Fund III to accelerate Southeast Asia’s enterprise and deep tech startups

Cocoon Capital, a Singapore-based early-stage venture capital firms, has announced the first close of its third fund, Cocoon Capital Fund III, securing $30 million in commitments towards a target of $50 million.

Singapore’s Thunes raises $150M in Series D funding led by Apis Partners and Vitruvian Partners

Thunes, the Singapore-based payment firm, has announced the successful raise of its $150 million Series D funding led by global private equity firms Apis Partners and Vitruvian Partners.

Grab raises full year earnings forecast after achieving another quarter of record revenue

Grab Holdings Ltd announced Wednesday it is raising the company's full year adjusted earnings before interest, taxes, depreciation, and amortization (EBIDA) after the Singapore-headquartered company achieved another quarter of record revenue.

Maybank: macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy

Macro uncertainty caused by tariffs could slow the growth trajectory of the digital economy, especially for players reliant on discretionary consumer spending, Maybank Investment Bank said in its note on last Thursday.

Singapore-based SquareX raises $20M in Series A funding led by SYN Ventures

SquareX, a Singapore-based cybersecurity startup, has announced the closing of a $20 million in Series A funding led by SYN Ventures, a venture capital firm focused on cybersecurity investments.

Sin Chew Woodpaq secures strategic investment from Heliconia Capital to fuel regional growth

M3 SG Pte Ltd, the holding company of Sin Chew Woodpaq Pte Ltd, a logistics provider in Singapore, has signed and secured a strategic investment from Heliconia Capital Management to accelerate regional expansion and innovation in specialized logistics solutions.

Enstack and Dyna.Ai partner to offer AI solutions across Philippines, Southeast Asia

Enstack, the Philippines-based artificial intelligence (AI) powered, no-code eCommerce and growth platform for small and medium-sized enterprises (SMEs), has announced a strategic partnership with Dyna.Ai, a Singapore-based AI solutions provider, to build and deploy localized AI-powered solutions across the country and the Southeast Asia region.