Singapore
The latest startup and technology news coming out of Singapore.
Triple-A gets funding from Peak XV to help more businesses use crypto
Created by the founder of Thunes, global digital currency payments institution Triple-A wants to close the gap between traditional finance and blockchain-based payments with its white-label solutions for businesses. It…
Temasek’s Xora backs Cosmos Innovation’s next-generation solar cell technology
Perovskite silicon tandem solar cell technology is a mouthful, but it’s basically perovskite crystals layered on top of silicon cells. The combination captures energy from the sun more efficiently than…
SynFutures raises $22 million Series B, bucking ‘crypto winter’
Amid a global slowdown in venture investments for crypto projects, some companies continue to buck the trend. SynFutures, a decentralized crypto derivatives exchange, has completed a $22 million Series B…
Singapore’s tech subscription service Circular wants to keep devices out of the landfill
Circular, backed by Y Combinator, is a service that offers consumers in Singapore and Australia subscriptions to high-end electronics, like iPhones, Samsung Galaxy, iPad Pros and MacBook Pros. Not only…
Sometimes the work of having a job takes time away from work. Tasks like asking for leave, filing tech requests and checking company policy also result in a lot of…
Backed by Peak XV and Jungle, Neurowyzr puts the focus on brain health
The rate of dementia is expected to double every 20 years, but many tools for early detection, like MRI scans, are difficult for patients to access. Neurowyzr wants to help…
Crypto lender Maple Finance raises $5M to enter Asia amid regulatory clarity
Maple Finance, an on-chain, institutional credit marketplace that’s aspiring to fill a gap left behind by the collapses of crypto lending heavyweights like BlockFi and Celsius, has its sights set…
Solar AI wants to make solar power more accessible in Southeast Asia
High energy prices are leading to a solar boom across the world, but in Singapore, many home owners are still hesitant to install solar panels because of the high cost,…
The team behind HealthXCapital, which invested in and helped health tech startups scale up, has joined Singapore-based Jungle Ventures. Seemant Jauhari, who led HealthXCapital since it was founded eight years…
MPCVault’s crypto wallet for businesses hits $500M AUM in 7 months
While a plethora of products have been developed to meet the crypto needs of consumers, there are limited options designed to assist enterprises in managing digital assets. Many companies thus…
Back in 2021 and early 2022, there was a flurry of VC interest in Southeast Asian investment apps. One of them was Singapore-based Endowus, which raised two rounds in rapid…
Grab acquires Singapore’s third-largest taxi operator Trans-cab
Singapore’s ride-hailing and food delivery company Grab has signed an agreement for its car rental unit Grab Rentals to acquire Trans-cab, the city-state’s third-largest taxi operator. The deal, Grab’s first local…
Identity verification platform for businesses Bureau has added $4.5 million in its Series A, bringing its total to $16.5 million. The funding was raised from GMO Venture Partners and GMO…
Brilliant Labs puts AI in front of your eye with its tiny open source AR lens
Brilliant Labs’ augmented reality wearable stands in stark contrast to Apple’s pricey, bulky, stealthy Vision Pro. The startup’s inaugural product, Monocle, is an open source, pocket-sized AR lens that can…
utu raises $33M to help travelers get more from tax-free shopping
utu, a travel tech company that helps flyers get more out of their tax-free shopping, announced today it has raised a $33 million Series B from investors, including SC Ventures.…
Singapore’s ride-hailing firm Grab lays off over 1,100 employees
On-demand startups in Asia raised hundreds of millions of dollars from investors over the last several years to scale and compete heavily in ridesharing, alternative transport, delivery and a supersized…
Crypto startup Pillow, backed by Accel and Quona, to discontinue all services
Singapore-headquartered Pillow plans to discontinue all its services and app in the coming weeks, it warned customers Friday, citing regulatory uncertainty that has claimed countless other crypto startups in recent…
Zero-Error Systems raises $7.5M for its radiation-hardened semiconductor integrated circuits
Space is a tough place for electronic circuits since radiation causes short circuits that result in mission failure, said Hwai Lin Khor, vice president of Zero-Error Systems. Many companies currently…
Generation Prime launches to make fertility services more accessible in Asia
Generation Prime, a startup that wants to make IVF and other fertility services more accessible to patients in Asia, is launching its first two clinics in Bangkok and Kuala Lumpur.…
A high court in Montenegro overrode a lower court’s previous decision that would have released Terraform Labs founder Do Kwon on bail. Bloomberg first reported on the news. Kwon will…
Singapore-based BandLab Technologies raises $25M at $425M valuation
Updated with more information from BandLab Technologies’ CEO. Correction also made to the valuation amount in headline. Singapore-based BandLab Technologies, the parent company of social music creation platform BandLab, has…
Insurtech bolttech gets $196M at $1.6B valuation from investors like MetLife
Embedded insurtech is still hot, as the $196 million in funding landed by bolttech proves. The company, which started in Singapore but now has operations around the world, said it…
Singapore’s Ora takes a vertically integrated approach to telehealth
According to the founder of Singapore-based telehealth platform Ora, 90% of its patients are less than 39 years old and have not been treated for their conditions offline. That puts…
Jenfi raises more funding for its ‘growth capital as a service’ platform
Jenfi, a “growth-capital-as-a-service” platform, can provide online businesses with revenue-based financing in as little as a day. The Singapore-based startup announced today it has raised $6.6 million in pre-Series B…
Backed by Sequoia Southeast Asia, SquareX protects web users with disposable browsers
Much of our computer time is spent in a web browser, where we check emails, create documents, transfer files, carry out online banking, shop or stream entertainment. This leaves us…
WhatsApp now allows Singapore-based users to pay businesses within the app
After India and Brazil, WhatsApp is launching the ability to pay businesses within a chat in Singapore. Meta has partnered with Stripe to roll out the feature in the region.…
Many employee engagement and retention tools were created with the assumption that workers spent most of their time at desks. But the majority of the global workforce is deskless, meaning…
eBay appoints new head of emerging markets, covering regions like Southeast Asia and India
eBay announced today that it has appointed Vidmay Naini as its general manager for global emerging markets, a role that covers the company’s growth in Southeast Asia, India, Eastern Europe,…
The generative AI world is evolving so rapidly that every few days we see startups rolling out new applications powered by large language models (LLMs). The latest attempt to monetize…
ZEBOX, an incubator for supply chain startups, launches its Asia hub in Singapore
ZEBOX, an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based…
