Singapore

Tower Capital PE Fund I $250M close

Tower Capital PE Fund I has first close at $250M, seeks mid-market investments in Southeast Asia by Q1 2021

The fund targets to invest in companies across consumer education, healthcare, manufacturing, and business services in Southeast Asia, with focus on Singapore

Legal management platform Lupl raises $14M, readies for Q2 launch with new appointments

Legal management platform Lupl raises $14M, readies for Q2 launch with new appointments

Lupl is a privately-held company based in Washington, DC specializing in the management of large volumes of legal transactions. It has been increasing its presence in Asia as it recently signed a Memorandum of Understanding (MoU) with the Ministry of Law of Singapore to advance the city-state’s legal sector digitalization.

Singapore sets new rules for payment service companies that support crypto

On the first working day of 2021, Singapore’s Parliament approved a bill to impose stricter oversight on virtual payment service providers that support DPTs or cryptocurrencies

Singapore Heritas Capital Fund II

IMC Group’s Heritas Capital set to secure $30M for its HVF II ‘impact investing’ venture fund

Launched in December 2020, HVF II was created as an “impact investing” venture fund aimed at helping early-stage tech startups. The fund particularly focuses on new but promising companies in the healthcare, food, and education sectors, which are deemed to be capable of delivering financial returns and offering social and environmental benefits at the same…

Horizon Ventures and Temasek Holdings-backed cultured chicken set to debut in Singapore

This Saturday will mark the first time cell-grown meat will be in the commercial market, with Eat Just’s GOOD Meat Cultured Chicken passing extensive review by the Singapore Food Agency.

E-commerce marketing startup Epsilo raises $2M from a funding round led by Sequoia’s Surge 4

End-to-end e-commerce marketing company Epsilo recently completed a $2 million funding round. Almost all of this new capital injection was provided by Surge, Sequoia India’s scale-up program established to help startups in India and Southeast Asia.

Singapore PropTech company Fraxtor

Singaporean FinTech startup Fraxtor secures over $6.75M in investments to fund 4 major projects

Fraxtor Private Limited, a digital co-investment platform specializing in real estate, has attracted over S$9 million ($6.75 million) in private investments from its community of Accredited Investors (AIs) who are mostly from Singapore and Australia

Startup specializing in lifetime learning secures six-digit Seed funding, aims to ‘help managers become leaders’

C-suite, a lifetime learning platform designed for executives, has launched its official web application to help professionals improve their knowledge, skills, and credentials.