Singapore

Singapore’s Whale secures $60M to expand enterprise AI suite globally

Whale, a Singapore-based enterprise artificial intelligence (AI) company, has announced the successful completion of two consecutive funding rounds — Series C1 and Series C2—raising a total of over $60 million.

MAS proposes to streamline prospectus requirements and broaden investor outreach channels for IPOs

The Monetary Authority of Singapore (MAS) is seeking feedback on proposals to streamline prospectus requirements and broaden investor outreach channels for initial public offerings (IPOs).

Worldpay expects Singapore’s e-commerce market size to reach $28.92B by 2030

Singapore’s e-commerce market size is expected to reach S$37.5 billion ($28.92 billion) by 2030, growing 8 percent compound annual growth rate (CAGR) from its 2024 estimated value of S$22.8billion ($17.59 billion), according to the 10th edition of the Worldpay® Global Payments Report (GPR).

Brookfield acquires three high-tech business parks in first Singapore investment

Brookfield Asset Management, a global alternative asset manager headquartered in New York, announced last Friday a S$535.3 million ($413 million) acquisition of two business parks and a high-tech industrial building in Singapore, its first investment in the city state.

Singapore’s CrediLinq raises $8.5M Series A funding led by OM/VC and MS&AD Ventures

1982 Ventures’ portfolio company CrediLinq, the Singapore-based artificial intelligence (AI)-powered embedded finance platform, announced last Saturday the close of its $8.5 million Series A funding round.

Singapore’s Princeton Digital Group raises $1.2B in financing for data center expansion

Princeton Digital Group (PDG), the Singapore-based data center provider, announced Tuesday the successful raise of over $1.2 billion in financing to support its continued expansion and development of artificial intelligence (AI)-ready data center infrastructure across Asia.

Maybank sees strong momentum sustained for Sea

Maybank Investment Bank has revised up Singapore technology firm Sea's revenue/adjust earnings before interest, taxes, depreciation, and amortization (EBITDA) forecasts for FY25-27 by 6 percent to 8 percent following its strong first quarter.

Singapore’s Alternō raises Series A funding from UntroD Capital Asia, ADB Ventures

Alternō, a Singapore-based climate-tech startup, has closed its Series A funding round to accelerate the deployment of its sustainable heat technology and support its mission to eliminate 100 million tons of carbon dioxide (CO₂) emissions annually by 2030.

Malaysia’s BrioHR raises $6.5M in Series A funding led by Openspace Ventures

BrioHR, a Malaysia-based human resource (HR) tech startup, announced Wednesday that it has secured S$8.7 million ($6.5 million) in Series A funding, enhancing its ability to change the way businesses manage HR practices across Southeast Asia.

Singapore’s VFlowTech secures $20.5M in fundraising led by Granite Asia

VFlowTech, a Singapore-based energy storage solutions firm, has successfully raised $20.5 million in its latest funding round.