Singapore

Singaporean med-tech firm AWAK Technologies raises $20+ million in Series B funding

AWAK Technologies (AWAK), a Singaporean medical technology company focused on dialysis using regeneration technology for end-stage renal disease, has on Wednesday announced it has successfully raised $20+ million in Series B funding. The round was co-led by venture capital firms Lion X Ventures and Vickers Venture Partners.

ADDX plans expansion in key MENA markets to serve private enterprises seeking financing

Singapore-headquartered private market exchange ADDX said Wednesday that it is looking to expand its private market exchange platform into the Gulf Cooperation Council (GCC) and Middle East/North Africa (MENA) markets in a bid to drive a more efficient allocation of strategic growth capital and bridge the gap between private companies seeking financing and…

Zilliqa forges strategic alliance with Google Cloud to power Web3 ventures and strengthen blockchain infrastructure

Singaporean blockchain firm Zilliqa Group has announced a multi-year strategic alliance with Google Cloud, which will enhance the scalability, resilience, and data availability of the Zilliqa layer 1 blockchain protocol.

DFC selects Wavemaker Impact as first climate-tech fund investment in Southeast Asia

The United States International Development Finance Corporation (DFC) has committed to investing $15 million in Wavemaker Impact, a climate-tech venture capital fund based in Singapore that covers Southeast Asia.

Singapore’s sneaker marketplace Novelship bags $9.5M in Series B funding round led by East Ventures

The new funds will accelerate the company’s move to amplify its brand presence across Southeast Asia. This includes enhancing its logistics capabilities, refining authentication processes, expanding its slew of in-house collections, and optimising its environmentally-conscious delivery process.

Singapore skyline SGX SPAC

Grab, GoTo may face new rules as Singapore reviews ride industry – report

The Land Transport Authority said on Thursday it is looking to change the framework for the taxi and ride-hailing industries. It will focus on availability of supply, resilience and the inclusivity of services, while also looking at matters such as the adoption of clean-energy vehicles.

Tencent Cloud launches inaugural Web3 Product Tencent Cloud Blockchain RPC for developers & enterprises

Tencent Cloud’s inaugural Web3 product is now live in the availability zones of Hong Kong and Singapore, serving customers worldwide.

Temasek, NUS & NTU to invest $55M to accelerate commercialization of deep tech ventures

Temasek, NTU and NUS will also provide the start-ups with access to their networks of businesses and mentors. At least two start-ups will be launched annually and they will be provided with entrepreneurial mentorship, funding, and support to position them for long-term global success.

Vertex Ventures SEA & India completes Fund V’s final close at $541M

The fund corpus includes a dedicated co-investment envelope of $50 million for co-investing alongside the main fund in startups led by women founders.

Indonesia’s manufacturing platform Manuva raises $8M from Tin Men Capital & others

Tin Men Capital, a Singapore-based venture capital firm which focuses on Southeast Asian B2B tech startups has invested $3 million in the total $8 million financing raised by Manuva.