Singapore

Singapore’s SixSense raises $8.5M in funding led by Peak XV’s Surge

SixSense, a Singapore-based artificial intelligence (AI) firm for semiconductor manufacturing, has announced a new round of funding led by Peak XV’s Surge (formerly Sequoia India & SEA), with participation from Alpha Intelligence Capital, Febe, and others.

Sea and OpenAI sign MOU to accelerate AI adoption in Southeast Asia

Singapore-based tech firm Sea Limited has announced the signing of a memorandum of understanding (MOU) with American artificial intelligence (AI) firm OpenAI to advance the use of AI across Southeast Asia.

Salesforce: Singapore ranks second globally in AI readiness

Salesforce has on Friday released its Global AI Readiness Index, which finds Singapore ranking second globally in overall artificial intelligence (AI) readiness, exemplifying how aligned strategy, public-private collaboration, and digital investment create fertile ground for agentic AI.

Adyen, Atlas tie up to improve payments technology for Singapore’s F&B businesses

Adyen, the global payments platform, announced Thursday its partnership with Singapore-based restaurant operating system Atlas, to improve payments technology for Singapore’s food and beverage (F&B) businesses.

Thunes, EzyRemit team up to enhance cross-border payments for expatriate communities

Thunes, a Singapore-based fintech firm, has announced a new collaboration with EzyRemit, an Australia-based digital money transfer operator, to enable fast, secure and cost-effective cross-border payments to overseas communities worldwide.

NTT DATA partners Mistral AI to provide AI solutions for enterprises

NTT DATA, a Japan-based digital business and technology services firm, and Mistral AI, a France-based innovator in open-weight, high-performance generative AI (GenAI) models, have on Wednesday announced plans to jointly sell and deploy safe and private enterprise-grade artificial intelligence (AI) solutions that are able to foster strategic autonomy for…

Grab achieves $20M profit in the second quarter amid higher revenue

Southeast Asia's superapp Grab announced Thursday that it has achieved a profit of $20 million in the second quarter of FY2025 amid higher revenue.

Singapore’s Hydroleap secures $4.75M funding to accelerate sustainable water technologies in APAC

Hydroleap, a Singapore-based sustainable water treatment technologies, has successfully raised an additional $4.75 million in its latest funding round, bringing its total funding to nearly $12 million till date.

CapBay partners Olea to offer cross border financing for Malaysian exporters

Bay Group Holdings Sdn Bhd (CapBay), a homegrown Malaysian supply chain financing provider and peer-to-peer (P2P) financing company, has teamed up with Olea Global Pte. Ltd. (Olea), a Singapore-based technology-driven trade and supply chain finance solutions provider, to offer cross border financing for Malaysian exporters.

Singapore launches new electronic deferred payment solutions to support transition to e-payments

The Association of Banks in Singapore (ABS) announced Monday the launch of two new payments solutions - electronic deferred payment (EDP) and EDP+ - to support the transition to e-payments for cheque users.