Singapore’s True Global Ventures invests $24m in crypto company
JAKARTA -- Singapore-based True Global Ventures (TGV) has invested over $24 million in a Series C extension round by Ledger,...
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Tencent, Sequoia join US$18.1 million fundraise of Horizon Quantum Computing
SINGAPORE-BASED Horizon Quantum Computing has raised US$18.1 million in a Series A funding round with investors including China’s Tencent and...
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Advance scales with $16m raise, acquisition to target VN
In Southeast Asia, 70% of the population is unbanked or underbanked. Nearly half of the Philippines don’t have bank accounts,...
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Filipino fintech Advance raises US$16 million
PHILIPPINES’ Advance, which provides salary advances and other financial services to workers, has raised US$16 million in pre-Series A funding....
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Self-driving startup Venti raises US$28.8 million to speed up growth
SELF-DRIVING startup Venti Technologies said on Tuesday (Mar 28) it has raised US$28.8 million in Series A funding to speed...
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Temasek’s Sheares Healthcare leads US$4 million round in mental health startup ThoughtFull
THOUGHTFULL, a Singapore-based digital mental health startup, has raised a US$4 million pre-Series A round led by Temasek-owned Sheares Healthcare...
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PH startup funding tops $1b in 2022 amid global decline
Startups in the Philippines have raised over US$1 billion in funding for the second year in a row despite a...
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GIC, Temasek join US$6.5 billion fundraising of US fintech Stripe
SINGAPORE state investors GIC and Temasek are new investors in the latest US$6.5 billion fundraising by Stripe, which nearly halved...
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JPMorgan says ‘shockingly low’ number of startups in Asia led by women
ONLY 5.7 per cent of startups in Asia-Pacific are led by female entrepreneurs, a percentage that has stayed stagnant for...
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Tech giants look for ways to cash on ChatGPT boom
BARCELONA, Spain -- ChatGPT and artificial intelligence have infiltrated the world's biggest event for the telecom industry, with everyone from...
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Venture funding in Singapore weakens in 2022
THE amount of venture capital funding raised by Singapore-headquartered tech companies dipped last year, as investors turned cautious amid an...
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Singapore services receipts growth slows to 10.9% in Q4 2022
SINGAPORE’S services industries recorded a 10.9 per cent year-on-year rise in business receipts in the final quarter of 2022, easing...
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Willowmore raises Series A+ funding from Seeds Capital
WILLLOWMORE has raised a Series A+ round from Seeds Capital, the investment arm of government agency Enterprise Singapore. The company...
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Smokey & the (credit) bandit
As we often note, it is important to ask: what is your quarrel with price? While markets are not efficient,...
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Singapore fintech funding still hot amid funding winter: KPMG
SINGAPORE fintech funding hit a three-year high in 2022, even as lower valuations, turbulence in cryptocurrencies and uncertain economic conditions...
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Laser comms startup Transcelestial raises US$10 million led by Airbus Ventures
TRANSCELESTIAL has raised US$10 million in a Series A2 funding round led by Airbus Ventures, as it works on developing...
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Vantage Point Cuts Asia Tech as Market Capitulates on Rates
Ferres cautions that US rates may climb to as high as 6% Hedge fund sells out of Alibaba, Tencent, Samsung,...
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Inside The Philippines: February 2023
Here are the country’s latest market and industry highlights. Macro Movements: Forecast-beating economic growth in 2022 and projections for 2023...
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More firms want support to expand overseas, lower foreign worker levies in Budget 2023: UOB survey
MORE businesses are looking for support to expand overseas and reduce foreign worker levies in Budget 2023 as compared with...
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BrightChamps enters Vietnam with hybrid teaching model
BrightChamps, a global live-learning platform, has entered Vietnam with a new “phygital” model for learning life skills. Called BrightChamps Next-Gen...
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