Latest news and trends about tech
Singapore’s Frontline Industrial Software raises $700,000 in seed round led by Cocoon Capital
Singapore-based deep tech firm Frontline Industrial Software (Frontline) has on Thursday announced that it has raised a $700,000 in seed round led by Cocoon Capital to revolutionize construction planning with its proprietary simulation and optimization software.
The tragedy of the data commons: Why new strategies are needed to bring harmony to IT
#Data, much like drinking water, is a critical resource. Developers need to use this data, and logically, they want to use it as much as possible as it enables them to build innovative applications and products. However, too much data flowing around a modern distributed #enterprise environment carries risks to the larger company.
Singapore’s Integra Partners leads $7M funding round in Germany’s CleanHub
CleanHub, the Germany-based company that stopping plastic from entering oceans, has on Wednesday announced it has raised $7 million in funding led by Integra Partners and Lakestar.
Singapore-based climate-tech company Transitry secures $600,000 Pre-Seed funding
Transitry, a Singapore-based climate-tech company, has on Wednesday announced the successful completion of its Pre-Seed funding round, securing a total of $600,000. Prominent investors, including Info Edge Ventures, Plug & Play, Antler, and angel investors has contributed to the round.
Singapore’s dtcpay raises $16.5M in Pre-Series A funding round led by Kwee Liong Tek
Dtcpay, a Singapore-based digital payments platform, on Wednesday announced it has raised $16.5 million in a pre-Series A funding round. Singapore's conglomerate family business owners and Pontiac Land Group Chairman Kwee Liong Tek led this round.
India’s Digantara raises $10M is Series A1 funding led by Peak XV Partners and Kalaari Capital
Digantara, an India-based space situational awareness (SSA) company, announced Tuesday that it has raised $10 million in a Series A1 funding round to further develop its revolutionary Space-Mission Assurance Platform (Space-MAP).
Samsung Ventures invests in wearables sleep tech firm Earable Neuroscience
The United States and Vietnam-based wearables sleep tech firm Earable Neuroscience has announced the completion of the investment process in its bridge round by Samsung Ventures at an undisclosed amount.
Monetary Authority of Singapore proposes standards for digital money
The Monetary Authority of Singapore (MAS) has on Wednesday published a whitepaper proposing a common protocol to specify conditions for the use of digital money such as central bank digital currencies (CBDCs), tokenized bank deposits, and stablecoins on a distributed ledger.
Indonesia’s Slice closes $645,000 seed round led by Intudo Ventures and Arise
Slice Group, an Indonesian developer of creator management tools for the creator economy, has on Wednesday announced the completion of a $645,000 seed round of financing led by Intudo Ventures and Arise.
MYStartup partners Maxis, Petronas, Cyberview and airasia academy to support Malaysian startups
MYStartup, an initiative by the Ministry of Science of Technology and Innovation (MOSTI) and Cradle Fund Sdn Bhd (Cradle), has partnered with Malaysian firms Maxis, Petroliam Nasional Berhad (Petronas), Cyberview and airasia academy to foster growth in Malaysia’s startup ecosystem.
