Horizon Quantum Computing, a Singapore-based company that develops software tools for quantum computing hardware, has announced it raised $18.1m in Series A investment from Sequoia Capital India, Tencent, SGInnovate, Pappas Capital, and Expeditions Fund. The funding will allow the company to strengthen its science and engineering teams, establish a new engineering centre in Europe and […]

Growfin, a SaaS fintech startup, has raised $7.5 million to boost its operations in the US and Asia to double down on building more AI-based technology  and expand its platform. The Series A funding round was led by Singapore’s SWC Global, the startup said in a statement. Growfin, that is based in Singapore and San […]

klikit, a Singapore-based startup that seeks to help Southeast Asian restaurants grow further, has just raised $2 million in pre-Seed funding, according to an announcement. The funding round was co anchored by Wavemaker Partners and Global Founders Capital. Gentree Fund, AfterWork Ventures, Reshape Ventures, Nordstar, Pentas Ventures, and a number of angel investors also participated. […]

Singapore-based venture capital (VC) investor Monk’s Hill Ventures has led the $3.5-million pre-Series A funding in Starboard, a platform for founders to start and run their companies globally. The funding round was also backed by Actium Partners, Iterative Capital, Bruno Poh (General Counsel, Lyte Ventures), Lelaina Lim (CFO, Eu Yang Sang International Limited), Michael Tor […]

BiteSpeed, a SaaS platform, has raised $1.9 million in seed fundraising led by Sequoia India’s Surge, with participation from First Cheque, Whiteboard Capital, and Angel investors including CRED founder Kunal Shah and Teachable creator Ankur Nagpal. This platform gives e-commerce businesses the tools they need to adopt conversational commerce as the way to sell online […]

Singapore-headquartered software firm Azentio Software announced that it has acquired Candela Labs, a technology company that specializes in automation and digital solutions for insurers. Financial details of the transaction were not disclosed. It was the first acquisition by Azentio as an independent company following its carve out from 3i Infotech in 2020. Azentio is owned […]

Backbase, a Netherland’s-based digital banking software provider, has opened its Asia Pacific headquarters in Singapore to strengthen its regional footprint.