Singapore

Swedish direct-to-consumer clean energy-tech Aira has secured €150 million ($175 million) equity financing to accelerate the electrification of residential heating in Europe.

Singapore-based insurtech bolttech announced Tuesday the formation of its newly established Advisory Board, an external panel of experts, thought leaders, and industry specialists, to provide bolttech’s leadership with high-impact strategic advice and insights to support the company in its next stage of growth.

Equatic, a global company in combined carbon dioxide removal and green hydrogen production, announced Monday the successful closure of its Series A funding round of $11.6 million.

Ant International, a Singapore-based digital payment, digitization and financial technology provider, announced Monday two milestones that mark a significant step forward for its business expansion in the United Arab Emirates (UAE).

Graas.ai, a Singapore-based artificial intelligence (AI)-native data and automation company for ecommerce, has raised over $9 million in a pre-Series B round led by Tin Men Capital, with participation from Incred Wealth, Orzon, and returning investors Integra Partners and Yuj Ventures.

Nibertex, a Singapore-based deep-tech manufacturing company specialising in per- and polyfluoroalkyl substances (PFAS)-free waterproof and breathable textile membranes, announced last Friday the successful closure of its $7 million Series A funding round.

Mabybank Investment Bank foresees Grab could counter Uber’s exit with its own buyback as the latter's minority stake recycle raises concern.

Kamet Capital, a multi-single-family office headquartered in Singapore, has announced the completion of its exclusive Series A investment of approximately $8.4 million into artificial intelligence (AI) avatar platform TopView.ai (TopView) at a valuation of around $30.7 million.

The Investment Management Association of Singapore (IMAS) and UK's Investment Association (IA) have announced their participation in Project Guardian, an international initiative led by the Monetary Authority of Singapore (MAS) to explore the potential of blockchain and asset tokenization.

AgnesAI, an artificial intelligence (AI)-native collaboration platform developed by a team of researchers and engineers from the National University of Singapore (NUS), has rapidly reached over 20,000 daily active users (DAU) in under three weeks since its debut on Product Hunt.