Singapore

US AI game tech firm Felicity expands global footprint with Singapore office

Felicity, the United States-based artificial intelligence (AI) enabled game-tech company, announced Tuesday its expansion to Singapore with Felicity Labs Pte. Ltd.

DBS sees up to $1.3B opportunity in live commerce market in Singapore

Live commerce, otherwise known as livestream shopping, is growing into a major sales channel in Singapore, with the market set to generate up to $1.3 billion in sales this year, according to new research by DBS.

Temasek backs Swedish clean energy-tech firm Aira’s $175M funding

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’s bolttech sets up expert advisory board to support strategic growth

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.

Temasek Trust and Kibo Invest lead $11.6M funding in climate tech firm Equatic

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 partners Abu Dhabi Investment Office and receives IPA from Central Bank of the UAE to support local digitalization and fintech strategy

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 raises $9M pre-Series B round to launch agent foundry for ecommerce automation

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.

Singapore-based Nibertex closes $7M Series A funding round led by TNB Aura

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.

Maybank: Grab could counter Uber’s exit with its own buyback

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 invests $8.4M in Singapore’s AI avatar platform TopView

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.