Singapore Startups

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Chinese Automated Retail Startup Cloudpick (Yunna) Raises Series A+

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Cloudpick is one of few tech companies that herald the retail store of the future Shanghai-based retail tech startup Cloudpick Technology (Yunna Technology) has raised a Series A+ round of financing for an undisclosed amount, the company announced in a statement yesterday. The round was led by global early-stage venture capital firm Cathay Innovation, the […]

Chinese Automated Retail Startup Cloudpick (Yunna) Raises Series A+ Read More »

Cloudpick is one of few tech companies that herald the retail store of the future Shanghai-based retail tech startup Cloudpick Technology (Yunna Technology) has raised a Series A+ round of financing for an undisclosed amount, the company announced in a statement yesterday. The round was led by global early-stage venture capital firm Cathay Innovation, the

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Surgical Robot Developer NDR Medical Technology Raises US$5.75M Series A

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NDR Medical Technology is looking to expand to China, Japan, and the U.S. Singapore-based surgical robotics startup NDR Medical Technology has raised SG$8 million (US$5.75 million at current rates) in Series A financing, the company announced in a statement today. The funding was led by Shanghai-headquartered medical device manufacturer MicroPort Scientific Corporation, the statement said.

Surgical Robot Developer NDR Medical Technology Raises US$5.75M Series A Read More »

NDR Medical Technology is looking to expand to China, Japan, and the U.S. Singapore-based surgical robotics startup NDR Medical Technology has raised SG$8 million (US$5.75 million at current rates) in Series A financing, the company announced in a statement today. The funding was led by Shanghai-headquartered medical device manufacturer MicroPort Scientific Corporation, the statement said.

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Early-Stage Investor Wavemaker Partners’ Third SEA Fund Brims Over at US$111M

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Wavemaker Partners brought in $11 million over its target for the fund Singapore- and Los Angeles- based venture capital firm Wavemaker Partners has closed its third Southeast Asia fund at US$111 million, a sliver above its initial $100 million target, the early stage investor announced in a statement yesterday. The funds were secured from existing

Early-Stage Investor Wavemaker Partners’ Third SEA Fund Brims Over at US$111M Read More »

Wavemaker Partners brought in $11 million over its target for the fund Singapore- and Los Angeles- based venture capital firm Wavemaker Partners has closed its third Southeast Asia fund at US$111 million, a sliver above its initial $100 million target, the early stage investor announced in a statement yesterday. The funds were secured from existing

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covid19 singapore sme relief

Covid-19 Aid and Relief for Singapore SMEs

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By Ben Teo   As Covid-19 continues wreaking unmitigated damage in 180 countries and 6 continents across the globe, Singapore is set to bear the brunt of the economic fallout, being a trade dependent economy with one of the world’s highest trade to GDP ratios (326% in 2018).   Singapore’s GDP contracted 2.2% in the

Covid-19 Aid and Relief for Singapore SMEs Read More »

By Ben Teo   As Covid-19 continues wreaking unmitigated damage in 180 countries and 6 continents across the globe, Singapore is set to bear the brunt of the economic fallout, being a trade dependent economy with one of the world’s highest trade to GDP ratios (326% in 2018).   Singapore’s GDP contracted 2.2% in the

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cleantech solar

Solar Developer Cleantech Solar Receives APAC’s Largest Green Loan at US$75M

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Cleantech Solar plans to build over 500MW of solar power projects across Southeast Asia Singapore-based Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar photovoltaic (PV) developers in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING), according to a press release issued today. This is

Solar Developer Cleantech Solar Receives APAC’s Largest Green Loan at US$75M Read More »

Cleantech Solar plans to build over 500MW of solar power projects across Southeast Asia Singapore-based Cleantech Solar, one of the largest commercial and industrial (C&I) focused solar photovoltaic (PV) developers in Asia, has secured a US$75 million green loan from ING Bank N.V., Singapore Branch (ING), according to a press release issued today. This is

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horizon quantum computing

Horizon Quantum Computing Bumps Up Its Seed Funding with US$3.23M Raise

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 SGInnovate, Sequoia Capital India back Horizon Quantum Computing’s seed-plus round Singapore-based quantum computing startup Horizon Quantum Computing has raised SG$4.5 million (US$3.23 million) in a seed-plus round, the company announced in a statement today. Sequoia Capital India was the lead investor for the round, which saw participation from existing backers and deep tech investors Singapore

Horizon Quantum Computing Bumps Up Its Seed Funding with US$3.23M Raise Read More »

 SGInnovate, Sequoia Capital India back Horizon Quantum Computing’s seed-plus round Singapore-based quantum computing startup Horizon Quantum Computing has raised SG$4.5 million (US$3.23 million) in a seed-plus round, the company announced in a statement today. Sequoia Capital India was the lead investor for the round, which saw participation from existing backers and deep tech investors Singapore

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SME Fintech Company Wallex Wraps Series A, Investors Include Ant Financial-Backed BAce Capital

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Startups like Wallex have been digitizing finance for largely underserved Southeast Asian SMEs Singapore-headquartered B2B fintech startup Wallex Technologies, which focuses on small and medium enterprises (SMEs), has closed its Series A round of funding for an undisclosed amount, the company said in a statement. The funding was led by Ant Financial-backed early stage-investor BAce

SME Fintech Company Wallex Wraps Series A, Investors Include Ant Financial-Backed BAce Capital Read More »

Startups like Wallex have been digitizing finance for largely underserved Southeast Asian SMEs Singapore-headquartered B2B fintech startup Wallex Technologies, which focuses on small and medium enterprises (SMEs), has closed its Series A round of funding for an undisclosed amount, the company said in a statement. The funding was led by Ant Financial-backed early stage-investor BAce

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regional stop

Korea: The first regional stop for Singaporean Startups

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By Joshua Lin   With many countries loosening their Covid-19 restrictions, the timing is perfect for startups that are ready to look beyond our borders. As a Singapore-based startup fresh off a 9-month incubation program, we were on the radar of VCs, but not enough for them to commit to investing with us, as we

Korea: The first regional stop for Singaporean Startups Read More »

By Joshua Lin   With many countries loosening their Covid-19 restrictions, the timing is perfect for startups that are ready to look beyond our borders. As a Singapore-based startup fresh off a 9-month incubation program, we were on the radar of VCs, but not enough for them to commit to investing with us, as we

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GoBear

‘GoBear’ Or Go Home: Fintech Platform Raises US$17M

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The funds will help expand GoBear’s financial services Singapore-headquartered financial services platform GoBear has raised $17 million from existing backers Dutch venture capital firm Walvis Participaties and Dutch multinational corporation Aegon N.V., the startup announced in a statement yesterday. The funding will be used to drive GoBear’s development as a full-fledged financial services platform built

‘GoBear’ Or Go Home: Fintech Platform Raises US$17M Read More »

The funds will help expand GoBear’s financial services Singapore-headquartered financial services platform GoBear has raised $17 million from existing backers Dutch venture capital firm Walvis Participaties and Dutch multinational corporation Aegon N.V., the startup announced in a statement yesterday. The funding will be used to drive GoBear’s development as a full-fledged financial services platform built

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CapBridge

Singapore and Hong Kong Government Companies Unite To Fund Private Market Fintech CapBridge Financial

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SGInnovate and Cyberport seal the deal for CapBridge’s Hong Kong expansion Two Southeast Asian government agencies, SGInnovate and Cyberport Macro Fund, have joined Singapore-based integrated private market investment platform CapBridge Financial’s investor base. The fintech platform has raised an undisclosed amount of equity from Singapore government-owned deep tech investor SGInnovate and Hong Kong Government-owned Cyberport Macro

Singapore and Hong Kong Government Companies Unite To Fund Private Market Fintech CapBridge Financial Read More »

SGInnovate and Cyberport seal the deal for CapBridge’s Hong Kong expansion Two Southeast Asian government agencies, SGInnovate and Cyberport Macro Fund, have joined Singapore-based integrated private market investment platform CapBridge Financial’s investor base. The fintech platform has raised an undisclosed amount of equity from Singapore government-owned deep tech investor SGInnovate and Hong Kong Government-owned Cyberport Macro

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Holmusk

Healthtech Startup Holmusk Fetches US$21.5M Series A

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The funds will be used to facilitate Holmusk’s United States expansion and proprietary tech advancements Singapore-headquartered data science and health technology company Holmusk has closed a Series A financing round with a haul of $21.5 million, according to a statement released by the company. Healthcare investment firms Optum Ventures and Health Catalyst Capital led the

Healthtech Startup Holmusk Fetches US$21.5M Series A Read More »

The funds will be used to facilitate Holmusk’s United States expansion and proprietary tech advancements Singapore-headquartered data science and health technology company Holmusk has closed a Series A financing round with a haul of $21.5 million, according to a statement released by the company. Healthcare investment firms Optum Ventures and Health Catalyst Capital led the

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dathena

Singapore’s AI Data Security Firm Dathena Closes US$12M Series A

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The capital will support Dathena’s R&D and North America hiring efforts   Singapore-based deep-tech data privacy and security solutions provider Dathena has closed a Series A financing round of US$12 million, the startup announced in a statement.   The Series A was led by Singapore’s early stage venture capital (VC) firm Jungle Ventures, which closed

Singapore’s AI Data Security Firm Dathena Closes US$12M Series A Read More »

The capital will support Dathena’s R&D and North America hiring efforts   Singapore-based deep-tech data privacy and security solutions provider Dathena has closed a Series A financing round of US$12 million, the startup announced in a statement.   The Series A was led by Singapore’s early stage venture capital (VC) firm Jungle Ventures, which closed

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Validus

Singapore SME Financing Platform Validus Secures US$20M Series B+

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Funds to be funneled toward 2020 Thailand expansion plans Validus, a Singapore-based financing platform for small and medium enterprises (SMEs), has secured a total of $20 million in capital commitments in its ongoing Series B+ round (with $14 million raised successfully), the startup announced in a statement today. Vertex’s affiliate venture capital fund Vertex Growth

Singapore SME Financing Platform Validus Secures US$20M Series B+ Read More »

Funds to be funneled toward 2020 Thailand expansion plans Validus, a Singapore-based financing platform for small and medium enterprises (SMEs), has secured a total of $20 million in capital commitments in its ongoing Series B+ round (with $14 million raised successfully), the startup announced in a statement today. Vertex’s affiliate venture capital fund Vertex Growth

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Hummingbird

Singaporean Biotech Startup Hummingbird Closes US$25M Extended Series B

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With the latest investment, Hummingbird’s total funding till date crosses US$65 million Singapore-based biotherapeutics startup Hummingbird Bioscience announced on Monday the close of an extended Series B funding round of US$25 million, led by new investor SK Holdings, who invested close to $6.5 million. Due to significant over-subscription, Hummingbird’s Series B round was extended to

Singaporean Biotech Startup Hummingbird Closes US$25M Extended Series B Read More »

With the latest investment, Hummingbird’s total funding till date crosses US$65 million Singapore-based biotherapeutics startup Hummingbird Bioscience announced on Monday the close of an extended Series B funding round of US$25 million, led by new investor SK Holdings, who invested close to $6.5 million. Due to significant over-subscription, Hummingbird’s Series B round was extended to

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CXA

Singapore-based Wellness Platform CXA Rakes In Fresh Funding

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Existing backers HSBC and Humanica inject fresh capital into CXA Singapore-based employee health ecosystem platform CXA Group has raised an undisclosed amount of funding from Thailand-based human resources (HR) solutions provider and existing backer Humanica, and HSBC Life (International) Limited, a subsidiary of global banking and financial services provider HSBC Holdings, CXA announced in a

Singapore-based Wellness Platform CXA Rakes In Fresh Funding Read More »

Existing backers HSBC and Humanica inject fresh capital into CXA Singapore-based employee health ecosystem platform CXA Group has raised an undisclosed amount of funding from Thailand-based human resources (HR) solutions provider and existing backer Humanica, and HSBC Life (International) Limited, a subsidiary of global banking and financial services provider HSBC Holdings, CXA announced in a

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Garena

Telkomsel and Garena to co- host Indonesia Games Championship 2020

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By Tanisha Lele Telkomsel’s Dunia games to collaborate with Garena on esports tournament On May 7, 2020, Indonesian telecommunications provider Telkomsel announced the third edition of Indonesia Games Championship (IGC), the largest esports tournament in Indonesia, which will be held from May to September this year. As the tournament is immensely popular among gaming enthusiasts and

Telkomsel and Garena to co- host Indonesia Games Championship 2020 Read More »

By Tanisha Lele Telkomsel’s Dunia games to collaborate with Garena on esports tournament On May 7, 2020, Indonesian telecommunications provider Telkomsel announced the third edition of Indonesia Games Championship (IGC), the largest esports tournament in Indonesia, which will be held from May to September this year. As the tournament is immensely popular among gaming enthusiasts and

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