Singapore

Singapore’s AnyMind Group completes acquisition of Malaysia’s Arche Digital

AnyMind Group, a Singapore-based business process as a service (BPaaS) company for marketing, e-commerce and digital transformation, has on Wednesday announced the completion of its full acquisition of Malaysia-based e-commerce enabler, Arche Digital.

IBM, AI Singapore to collaborate on first large language model developed with Southeast Asian context

American multinational technology company IBM has on Tuesday announced the signing of a memorandum of understanding (MOU) with AI Singapore (AISG) to collaborate on the testing of the SEA-LION large language model (LLM).

AVPN launches $15M AI Opportunity Fund with Google.org, ADB support

AVPN, the largest network of social investors based in Singapore, has announced the launch of the $15 million Artificial Intelligence (AI) Opportunity Fund: Asia-Pacific, with the support of Google.org and the Asian Development Bank (ADB).

Singapore’s XSQUARE Technologies secures $7.8M in Series A funding led by Wavemaker Partners

XSQUARE Technologies (XSQUARE), a Singapore-based intelligent warehousing automation company, has successfully raised SGD 10.5 million ($7.78 million) in Series A funding. The round was led by Wavemaker Partners, the Southeast Asia's leading venture capital firm, with participation from SEEDS Capital, the investment arm of Enterprise Singapore–and Goldbell…

Singapore based angel investment network ThinKuvate launches $12M maiden India fund

Singapore-based angel investment network ThinKuvate has on Tuesday announced the launch of its first India focused Fund – ThinKuvate India Fund – I with a total corpus of Rs 100 crore ($12 million).

PropertyGuru’s revenue up 12 pct year on year to $27.45M in first quarter

Singapore-based online property portal PropertyGuru said Tuesday that its total revenue increased 12 percent year over year to SGD 37 million ($27.45 million) in the first quarter.

Singapore’s REDEX to be exclusive partner to TNBX in Malaysia to support mGATS platform

REDEX, the Singapore-based renewable energy certificates (RECs) trading platform, will be an exclusive partner to Malaysia’s utility company Tenaga Nasional Berhad (TNB)'s wholly-owned subsidiary TNBX, to support the development of the Malaysia Green Attribute Trading System (mGATS) into the country’s preeminent digital trading platform for Malaysia…

Singapore fintech firm Osome raises $17M Series B funding

Osome, a Singapore-based finance admin platform for founders and small and medium businesses (SMBs), has on Friday announced it has concluded its Series B funding round with over $17 million in capital in a mix of equity and debt, from new and existing investors.

Singapore’s Golden Gate Ventures lands first close of its $100M new MENA fund

Golden Gate Ventures, a Singapore-based venture capital fund founded by Silicon Valley natives, has on Wednesday announced its first $100 million Middle East and Northern Africa (MENA) fund.

Singapore’s Chainstack secures strategic investment to accelerate Web3 infrastructure development

Chainstack, Singapore-based Web3 infrastructure providers, has successfully secured a strategic investment from SBI Ven Capital, Sygnum, Azimut Group, Unicorn Factory Ventures, and Ventech Ventures.