Deep Tech

ams OSRAM and trinamiX jointly release demonstration of ultra-secure face authentication behind OLED

ams OSRAM and trinamiX are working together to provide smartphone manufacturers with a highly secure and convenient user authentication system that will be available later this year.

dHost lauches new identity and announces regional expansion in APAC

dHost, an in-building neutral hosting service provider and technology enabler, announced on Friday its new brand identity, reflecting expanded technology solutions and new verticals strategy in APAC & Japan. The announcement signifies dHost’s commitment to help mobile network operators and industries to take on technology risk and upfront investment costs -…

Polymerize raises $4.2M in Series A funding led by Elevation Capital

Polymerize, a material informatics platform for R&D in chemical companies headquartered in Singapore, announced today that it has raised $4.2M in Series A funding led by Elevation Capital. The round also saw participation from InfoEdge Ventures who had previously invested in their Seed round.

Malaysia’s Aerodyne enters strategic partnership with Norway’s Astralution to offer drone solutions in Scandinavian region

Aerodyne Group has inked a strategic partnership with Norway’s Astralution to offer drone-as-a-service (DaaS) and software-as-a-service (SaaS) solutions in the Scandinavian region. With Astralution’s extensive background in aviation and crisis management in oil and gas, this partnership will bring long-term value to clients by providing tailored unmanned…

Malaysian drone tech firm Aerodyne explores dual-listing as it starts IPO process

The drone tech firm currently is also in the midst of raising a bridge round ahead of its Series C funding round next year.

Vingroup seeks to list car unit in US in 2H2022 to raise at least $3B – report

Vingroup had set up a Singapore-based holding company owning a stake in Vinfast's operations in Vietnam to fuel the IPO process.

Japan’s Space BD raises $9.2M from Temasek arm and others

Space BD has raised a total of 1.04 billion JPY ($9.2 million) through a third-party allotment of new shares to the existing shareholders Incubate Fund, Anniversaire Holdings, SMBC Venture Capital, Mizuho Capital, and the new shareholder Pavilion Capital, wholly owned by Temasek Holdings, a Singapore government-affiliated investment company.

Singapore space tech startup SpeQtral closes $8.3M funding round led by Temasek’s Xora Innovation

SpeQtral has successfully closed a $8.3 million financing led by Xora Innovation. With quantum cryptography fast becoming mainstream and the Quantum Key Distribution (QKD) market expected to be worth $20 billion by 2035, SpeQtral said this latest capital injection will allow the company to strengthen its position as a quantum-secure communications company.

Singapore skyline SGX SPAC

Singapore’s SingHealth and SGInnovate announce three-year partnership to advance healthcare AI

Singapore Health Services (SingHealth) and the country’s deep tech investor Singapore Innovate (SGInnovate) has announced a three-year partnership to build and scale up health science innovations today, with Artificial Intelligence (AI) in healthcare as the first area of focus.