Singapore

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Empowering tomorrow’s innovators: The role of family offices in tech funding and social impact initiatives in Singapore

Family offices are pivotal in Singapore's tech funding landscape, leveraging substantial resources and a long-term investment outlook to drive innovation and social impact. By prioritizing initiatives aligned with #ESG principles and investing in education, research studies, and start-ups, they not only address funding gaps but also foster solid grounds for…

Foxconn Industrial Internet, Vizzio Technologies, Ingrasys team up for AI server WEF Lighthouse Factory

Vizzio Technologies, a Singapore-based technology company, Foxconn Industrial Internet (FII), a subsidiary of the global technology leader Foxconn, and INGRASYS, an artificial intelligence (AI)-focused subsidiary of Foxconn, have teamed up for smart manufacturing.

Singtel, Hitachi expand collaboration to next-generation data centers and GPU cloud

Singaporean telecommunications conglomerate Singtel and Japanese multinational conglomerate Hitachi, Ltd. have expanded collaboration to next-generation data centers and graphics processing unit (GPU) cloud to accelerate enterprise digital transformation by artificial intelligence (AI) adoption.

Singapore’s SleekFlow secures $7M with Atinum Investment to propel global expansion and AI tech innovation

SleekFlow, a Singapore-based provider of Omnichannel Conversational AI Suite for customer engagement, has secured $7 million in a Series A+ funding round led by Atinum Investment, a South Korean-based venture capital firm.

Singapore’s DiMuto secures $5.9M in Series A funding for global expansion

DiMuto, a Singapore-based AgriFood trade solutions company, has successfully closed its Series A funding round, securing a total of $5.9 million. The round, which was led by The Yield Lab Asia Pacific, saw contributions from prominent investors including SiS Cloud Global Tech Fund 8, Gold Sceptre Limited, and Dave Chen.

Igloo partners TrueMoney to provide critical health insurance products to Thai users

Singapore-based regional insurtech Igloo has on Tuesday announced its partnership with TrueMoney, a Thailand-based e-payment and financial service provider, to provide critical health insurance products to Thai users.

EQT Private Capital Asia acquires PropertyGuru for $1.1B

Hong Kong-based Asian investment firm EQT Private Capital Asia will acquire Southeast Asia leading proptech company PropertyGuru for $1.1 billion.

Singtel teams up with Bridge Alliance to offer GPU-as-a-Service in Southeast Asia

Singtel, a Singapore-based communications technology group in Asia, and Bridge Alliance, a mobile alliance of 35 member operators worldwide, have on Monday announced a strategic partnership that will bring Singtel’s GPU-as-a-Service (GPUaaS) offerings to enterprises across the region.

Grab’s revenue grows 17 percent year-on-year in second quarter

Singapore-based superapp Grab announced Thursday that its revenue grew 17 percent year-over-year to $664 million in the second quarter of 2024, driven by revenue growth across all segments.

Singapore’s Amilo acquires Thailand’s Sivadon Logistics to accelerate growth

Amilo, a Singapore-based logistics firm, has on Thursday announced its acquisition of Sivadon Logistics in Thailand to accelerate growth.