Biotech / MedTech

Singapore’s Bioactivx raises $1.43M in seed round led by Cocoon Capital

Bioactivx (BAX), a Singapore-based biomaterials startup, has closed its $1.43 million seed funding round led by Cocoon Capital, with participation from global strategic investors.

Petronas, Enilive and Euglen team up to launch new biorefinery in Pengerang Johor of Malaysia

Pengerang Biorefinery Sdn. Bhd., a joint venture between Petronas, Enilive S.p.A and Euglena Co., Ltd, marked a key milestone with the groundbreaking ceremony for the development of the new biorefinery in Pengerang, Johor, Malaysia.

Singapore’s Anomaly Bio raises $2.6M in pre-seed funding led by Pebblebed Ventures

Singapore-based biotech startup Anomaly Bio has raised $2.6 million in pre-seed funding led by the United States-based Pebblebed Ventures.

Nanyang Biologics announces $1.5B business combination with RF Acquisition Corp II to pursue Nasdaq listing

Nanyang Biologics Pte. Ltd. (NYB), together with its subsidiaries, announced the signing of a business combination agreement with RF Acquisition Corp II, a publicly listed special purpose acquisition company, to pursue Nasdaq listing.

Temasek’s ClavystBio backs UK biotech Cirrus Therapeutics’s $11M funding

Cirrus Therapeutics, an United Kingdom-based ocular immunology-focused biotech, announced Wednesday the close of an $11 million seed financing to advance its pipeline of gene and cell therapies aimed at improving quality of life and extending the ocular healthspan of patients with chronic blinding diseases.

Singapore-based biotechnology company Terra Oleo raises $3.1M funding

Terra Oleo, a Singapore-based biotechnology company, announced Thursday its emergence from stealth with $3.1 million in funding from a group of investors, and support from Breakthrough Energy’s prestigious Fellows Program.

Singapore’s Greenitio raises $1.5M in Seed round led by SGInnovate

Greenitio, a Singapore-based startup developing functional biopolymers for cosmetics and specialty chemical applications, has raised $1.5 million in Seed funding to accelerate its path to commercial readiness.

Betagro Ventures partners with allies to back BiomEdit’s poultry bacteria product in $18.4M Series B round

Betagro Public Company (BTG), an integrated food company in Thailand, through its venture arm, Betagro Ventures, has partnered with global allies to fund BiomEdit, a U.S.-based animal health biotechnology company, in its $18.4 million Series B round.

Report: investors favor APAC markets as Biotech destinations amid US-China tensions

Markets in Asia Pacific (APAC) are rapidly gaining ground as credible innovation hubs amid the reshaping of global biotech strategies, driven by geopolitical tensions and significant US research funding cuts, a new report revealed on Thursday.

Temasek’s ClavystBio, Lightstone Ventures back Allay Therapeutics’ $57.5M Series D financing

Allay Therapeutics, a clinical-stage biotechnology company, announced last Thursday the completion of a $57.5 million Series D financing round with leading global investors.