Singapore HQ

24/04/2024

Singapore-based enterprise cloud communications provider Toku announced its intent to acquire AiChat, an AI-powered conversational CX platform, aiming to fortify its position as a full-service CX technology firm and deliver seamless customer engagement.

Toku, a Singapore-based provider of enterprise-grade cloud communications and customer experience (CX) solutions, has on Tuesday announced the intent to acquire AiChat, a Singapore-based artificial intelligence (AI)-powered conversational customer experience (CX) platform.

24/04/2024

Zipmex is a Singapore-based Blockchain startup, established with the mission of making digital assets accessible to everyone. Launched in 2019, the company has carved a niche for itself in the rapidly evolving world of cryptocurrency. Zipmex operates a regulated digital assets exchange, offering individuals and institutions the ability to buy, sell, and store digital assets safely and securely.

Learn more: https://singaporehq.co/zipmex

23/04/2024

ComfortDelGro Corporation, a Singapore-based multinational transport operator, has secured a S$100 million (US$73.47 million) financing facility to transition its UK bus fleet to electric vehicles. The funds will be used to purchase 135 electric buses for its subsidiary Metroline, one of London's largest bus operators. This initiative is part of ComfortDelGro's broader sustainability goals to reduce carbon emissions and transition to cleaner energy vehicles globally.

ComfortDelGro Corporation, a Singapore-based multinational transport operator, has secured a S$100 million (US$73.47 million) financing facility to decarbonize its bus fleet in the United Kingdom.

23/04/2024

Nium is a Singapore-based global financial technology startup that aims to redefine the world of digital cross-border payments. Established in 2014, Nium has been leading the way as a pioneer in the finance industry, by creating a new, digital-based financial infrastructure that enables individuals, businesses, and banks to send, spend and receive money anywhere across the globe.

Learn more: https://singaporehq.co/nium

22/04/2024

The Monetary Authority of Singapore (MAS) is allocating SGUD 35 million ($25.7 million) from the Financial Sector Development Fund to support upskilling and reskilling in sustainable finance over the next three years, with initiatives including expanding sustainable finance courses and developing undergraduate programs.

The Monetary Authority of Singapore (MAS) has set aside SGUD 35 million ($25.7 million) in the Financial Sector Development Fund to support upskilling and reskilling, and develop specialists in sustainable finance over the next three years.

22/04/2024

SalaryBox, a pioneering finance startup headquartered in Singapore, is revolutionizing financial management through its innovative digital solutions since its establishment in 2017. With a commitment to streamlining financial processes for businesses and individuals alike, SalaryBox distinguishes itself with its comprehensive approach to finance, offering user-friendly digital tools. Their flagship product, the SalaryBox app, empowers both employers and employees by simplifying salary management and granting financial control via smartphone access, reflecting the company's dedication to enhancing personal finance management.

Learn more: https://singaporehq.co/salarybox

19/04/2024

Apple is planning a significant investment of over $250 million to expand its presence in Ang Mo Kio, Singapore, with major upgrades planned for two newly acquired buildings adjacent to its existing offices. Tim Cook, Apple's CEO, expressed pride in the company's relationship with Singapore's innovative community, highlighting the significance of the investment. Since establishing its first facility in Singapore in 1981, Apple has expanded to employ over 3,600 people in the city-state, serving as a vital operations center for the region.

Apple Inc plans to invest more than $250 million to expand its regional campus or operations in Ang Mo Kio, Singapore, according to a company statement dated April 17.

19/04/2024

Seedflex, a fintech company based in Singapore, has received seed funding from 500 Global to launch its shariah-compliant digital financing solution, "Pay-As-You-Sell Advance™" (PAYS Advance), initially in Malaysia. This initiative aims to assist underserved micro, small, and medium enterprises (MSMEs) in accessing credit, starting with Malaysian cashless merchants and expanding to other Southeast Asian markets like Indonesia and Thailand by 2025.

Seedflex Technologies (Seedflex), a Singapore-based fintech company, has raised seed funding from 500 Global to launch its proprietary shariah-compliant digital financing solution “Pay-As-You-Sell Advance™” (PAYS Advance) across Southeast Asia, starting first in Malaysia.

18/04/2024

The Coastal Sustainability Alliance, led by Kuok Maritime Group, is investing up to $7.33 million to advance Singapore's maritime biofuel ecosystem. Green COP and Ken Energy are spearheading the effort to develop stable biofuel blends over two years, reducing carbon emissions. Initial investments will establish a pilot plant for agri-waste processing, with plans to scale production. This initiative aims to drive biofuel adoption, ensure a local supply chain, and enhance Singapore's global standing in sustainable fuel innovation.

The Coastal Sustainability Alliance (CSA), an industry collaborative effort led by Kuok Maritime Group (KMG), has on Tuesday announced its plans to advance the maritime biofuel ecosystem in Singapore with up to SGD 10 million ($7.33 million) in investments.

18/04/2024

Intellect is a trailblazing digital healthcare startup based in Singapore, taking innovative strides in the field of mental health. Established in 2019, the company is committed to making mental healthcare accessible to everyone. It leverages cutting-edge technology, creating a digital platform that simplifies the process of seeking and engaging mental health services.

Learn more: https://singaporehq.co/intellect

17/04/2024

Singapore-based deep tech startup Nibertex has successfully concluded an oversubscribed funding round led by Foxmont Capital Partners, alongside influential Southeast Asian families. With this backing, Nibertex aims to accelerate its development of sustainable textile solutions, specifically targeting the elimination of Per- and Polyfluoroalkyl Substances (PFAS) in fabrics.

Nibertex, a deep tech startup headquartered in Singapore and operating in the Philippines, has concluded a highly successful funding round, which was oversubscribed.

17/04/2024

DC Alliance is a promising cloud computing startup based in Singapore. Pioneering in the field of cloud services, the company is dedicated to delivering comprehensive cloud solutions that support businesses in their digital transformation journey. Their primary focus is to simplify complex IT infrastructure, enabling businesses to operate more efficiently and productively.

Learn more: https://singaporehq.co/dc-alliance

16/04/2024

Carro, a major player in South-East Asia's used-car marketplace, is raising around US$100 million in a pre-IPO funding round to solidify its position in the region, eyeing a valuation exceeding US$1.5 billion. Despite facing competition and investor skepticism, the Singapore-based startup, supported by prominent investors like SoftBank Group and Temasek Holdings, recently achieved its first annual operating profit. Emphasizing innovation with features like an engine analysis tool and a generous return policy, Carro plans to expand into Japan and Hong Kong this year, aiming to differentiate itself in a market resistant to change.

SOUTH-EAST Asia’s used-car marketplace Carro is raising about US$100 million as it gears up for a stock-market debut, betting that new funds will cement it as the region’s top player. Read more at The Business Times.

16/04/2024

Singapore-based software startup Staple secured $4 million in pre-Series A funding from Wavemaker Partners, aiming to enhance its AI-powered document processing solutions. With customers in over 56 countries, the company intends to enter new markets and further develop its technology and suite of document processing solutions with the fresh investment.

SINGAPORE headquartered software startup Staple has bagged US$4 million in its pre-Series A funding round led by venture capital firm Wavemaker Partners. Read more at The Business Times.

15/04/2024

Deskimo is a Singapore-based real estate startup that aims to revolutionize the way people work. Launched in 2021, the fledgling firm acts as a flexible workspace platform, offering a range of coworking spaces to suit the diverse needs of modern professionals and businesses. Through cutting edge technology and a customer-centric approach, Deskimo empowers individuals and teams to choose their optimal work environment on a flexible, pay-as-you-go basis.

Learn more: https://singaporehq.co/deskimo

15/04/2024

Singapore-based blockchain platform aelf is embarking on a new multi-million dollar initiative aimed at evolving its decentralized network into a dynamic ecosystem integrated with cutting-edge AI models.

Blockchain startup aelf has unveiled a new $50 million ecosystem fund aimed at prioritizing the integration of artificial intelligence into the blockchain

12/04/2024

Singapore's AI startup, Mindverse, secured $5 million in seed funding, led by Square Peg, to advance its Artificial Diversified Intelligence (ADI) platform, which aims to personalize AI according to individual human thoughts and values. The funding will be channeled into research and product development, primarily enhancing its large personalization model.

SINGAPORE-BASED Mindverse has obtained US$5 million in a seed funding round led by venture capital firm Square Peg.

12/04/2024

Doctor Anywhere is a pioneering healthtech startup based in Singapore, dedicated to transforming traditional healthcare models. Launched in 2017, the startup's innovative approach helps to address various challenges faced by patients and healthcare providers in accessing and delivering high-quality medical services. The platform envisions a future where quality healthcare is easily accessible to all, regardless of time and location.

Learn more: https://singaporehq.co/doctor-anywhere

11/04/2024

Tenity and the IOTA Foundation have joined forces to establish the IOTA Accelerator in Singapore, a 12-week program aimed at supporting early-stage startups focusing on Real World Assets (RWA) tokenization within the IOTA ecosystem. Scheduled to run from June to September 2024, the accelerator offers participants a US$50,000 grant, mentorship, product-market fit advice, and networking opportunities, culminating in a Demo Day at the Token2049 event in Singapore.

Tenity, in collaboration with the IOTA Foundation, has announced the establishment of the IOTA Accelerator in Singapore.

11/04/2024

Manabie is a revolutionary educational startup based in Singapore that seeks to redefine the way students learn and educators teach. Launched in 2020, the platform leverages cutting-edge technology to provide a personalized, holistic learning experience for students, simultaneously fostering student autonomy and nurturing essential life skills.

Learn more: https://singaporehq.co/manabie

10/04/2024

Singapore-based startup Peptobiotics secures US$6.2 million in series A funding to advance its antibiotic alternative aimed at the farming and aquaculture industry into the market. https://www.techinasia.com/peptobiotics-secures-62m-market-agrifocused-antibiotic-substitute

10/04/2024

MindFi is a human resources focused startup, operating out of Singapore and specializing in promoting mindfulness and mental health in the corporate world. The startup believes in harnessing the power of technology to improve well-being, productivity, and employee engagement. It offers scientifically-backed mindfulness practices to organizations and aims to redefine how teams function by fostering collaboration and a stress-free work environment.

Learn more: https://singaporehq.co/mindfi

09/04/2024

Ubit, a Singapore-based Web3 smart market maker exchange company, has successfully raised $20 million in funding. This capital injection will be utilized to advance the platform's development and strengthen its position within the Web3 trading platform sector.

Ubit, a Singapore-based Web3 smart market maker exchange company, raised $20M in funding

09/04/2024

Cialfo is a leading education technology startup based in Singapore, dedicated to bridging the gap between students and opportunities for higher education. Launched in 2012, the platform provides a comprehensive solution that helps students, parents, and counselors navigate the complex process of college and university admissions.

Learn more: https://singaporehq.co/cialfo

08/04/2024

Singaporean startup myFirst Tech Holdings has chosen Fu Yu Corporation as its exclusive contract manufacturer for its kid-safe digital platform, initiating a SGD 15 million deal to commence mass production. Backed by recent funding, myFirst plans to expand its presence in North America, targeting over 20,000 locations including major retailers like Walmart and Best Buy, to meet the growing demand for child-friendly technology.

Singapore’s kids-tech startup myFirst Tech Holdings Pte Ltd (myFirst) has appointed SGX Mainboard-listed Fu Yu Corporation Limited (Fu Yu) as its exclusive contract manufacturer to propel a major North American expansion of its kid-safe digital platform.

08/04/2024

Vouch is a Singapore-based B2B software startup, offering advanced digital concierge services. Founded in 2017, Vouch aims to revolutionize the hospitality industry by utilizing AI technology to provide superior customer service solutions that bridge the gap between businesses and their customers.

Learn more: https://singaporehq.co/vouch

05/04/2024

Auristone, a biotech startup, recently closed a $4 million seed funding round led by Elev8, with participation from Seeds Capital and existing investor Genedant. Specializing in epigenomics, Auristone's main offering, Epi-Call, is a molecular profiling technology designed to forecast an individual's response to various cancer treatment modalities. The secured funding will primarily be allocated towards expanding clinical partnerships and fostering the adoption of Epi-Call within the market.https://www.techinasia.com/sg-biotech-startup-snags-4m-seed-funding-elev8-seeds-capital

05/04/2024

Syfe is a rising B2B software startup based in Singapore dedicated to revolutionizing the finance industry through technology. Launched in 2017, Syfe focuses on bringing together data-driven financial advice and automated portfolio management to provide accessible and personalized investment opportunities to businesses.

Learn more: https://singaporehq.co/syfe

04/04/2024

UIlicious is a Singapore-based tech startup specializing in cloud computing. The company is focused on providing simple and powerful solutions for automated User Interface (UI) testing for web applications. The innovatively named startup is dedicated to solving pertinent issues related to software testing, which often poses a significant challenge to developers.

Learn more: https://singaporehq.co/uilicious

04/04/2024

Singapore-based climate tech company WasteX has received $450,000 in funding from P4G Partnerships to support its mission of addressing agricultural waste issues and reducing carbon emissions in Indonesia and the Philippines.

WasteX, a Singapore-based climate tech company operating in Indonesia and the Philippines, has secured $450,000 in funds from P4G Partnerships, an initiative that helps businesses working on climate mitigation and adaptation solutions in food, water, and energy.