Singapore
NUS & NTU to launch $37.8M startup incubator program
The new program will be a comprehensive incubator program designed to bridge the gap between scientific research and market application. It will support startup teams by helping them refine their initial ideas, validate market needs, and design robust business models through a structured program framework.
US-based cybersecurity firm Armis raises $200M at $4.2B valuation, eyes IPO
Armis’ latest funding round was led by both top-tier investors General Catalyst and Alkeon Capital, along with existing investors Brookfield Growth and Georgian.
Singapore’s Supermom secures $14M Series B funding from AC Ventures, Granite Asia, Hearst Ventures & Qualgro
The funding arrives less than two years after Supermom’s Series A round of S$8 million in December 2022, led by Qualgro, affirming Supermom's role as an innovator leveraging AI and data to create value for families and consumer brands, the company said in a statement on Monday.
Singapore’s insurtech firm Igloo eyes M&A opportunities as it continues to expand across Southeast Asia [Q&A]
TNGlobal has recently interviewed Igloo Co-Founder and Chief Executive Officer Raunak Mehta, to learn more about its plans in the Philippines, Thailand and across Southeast Asia.
Singapore’s Clime Capital invests in Indonesia distributed solar developer Hijau
Established in 2017, Hijau said it has been a pioneer in Indonesia’s still nascent solar market. With an established track record in delivering solar energy solutions for Commercial and Industrial (C&I) customers, the company is actively expanding its project pipeline to meet the growing demand for sustainable energy.
Singapore’s labor challenge requires all hands on deck
Resource-scarce Singapore has always relied on its people for growth. The nation has long seen a clear link between a strong workforce and a strong economy, but the pandemic drove home the need for greater resistance to potential foreign labor supply disruptions. There is no ‘perfect’ time to pull the levers necessary to shift dependency on foreign labor…
Singapore’s NextGen.AI bags $343k pre-seed investment from Asiawide Print Holdings
With this new capital fund injection, NextGen.AI aims to advance its research in knowledge-based personalization models to provide and also register its own IP in the company's research work.
Moody’s : Temasek and PIF will maintain advantage in intrinsic credit strength among rated peers
Singapore's state-owned fund Temasek Holdings Limited and Saudi Arabia's sovereign wealth fund Public Investment Fund (PIF) will maintain advantage in intrinsic credit strength among rated peers, Moody's Ratings said Thursday.
Tracxn : Singapore tech startups funding fall 26 percent year on year in third quarter
Singapore tech startup ecosystem secured total funding of $397 million in the third quarter of 2024, which is a 26 percent decline from $536 million raised in the corresponding quarter last year, Tracxn said Monday.
From government to grassroots: Businesses and communities shape Singapore’s digital future in Smart Nation 2.0
A decade after launching its original Smart Nation initiative, Singapore is poised to embark on the next phase of transformation: #SmartNation2.0. This refreshed strategy is ambitious yet characteristic of the country’s pragmatic idealism - to overcome the inherent limitations that have always constrained the island nation and secure a leading position in…
