Bridgewise, an AI-based platform for analyzing global securities, has concluded a $21 million funding round led by SIX Group, with additional support from Group11, L4 Venture Builder, and other major financial institutions. This funding round brings Bridgewise’s total raised capital to $35 million. With its recent establishment of the Asia Pacific headquarters in Singapore and […]

Nibertex, a deep tech startup headquartered in Singapore and operating in the Philippines, has concluded a highly successful funding round, which was oversubscribed. This funding initiative was spearheaded by Foxmont Capital Partners, a venture capital firm based in the Philippines, with additional support from influential Southeast Asian families. With the backing of Foxmont Capital Partners, […]

OCBC Bank has introduced a new SME initiative for launch in April 2024, focusing on supporting women entrepreneurs in Singapore. The OCBC Women Entrepreneurs Programme aims to provide targeted financing solutions, facilitating the achievement of business objectives for female-owned SMEs. Women-led startups are eligible for up to S$100,000 in financing within their initial two years, […]

Transparently.ai, headquartered in Singapore, has secured an investment from Franklin Templeton as part of its entrance into the asset manager’s FinTech Incubator program. The investment comes as the AI company, specializing in identifying accounting fraud, announced its successful pre-Series A funding round of US$3 million. With a focus on combating financial crime, the collaboration with […]

Malaysian recommerce platform, CompAsia, has secured series A funding in a round led by Gobi Partners, a Pan-Asian venture capital firm. The exact amount of funding remains undisclosed. The funding injection will support CompAsia’s ambition to expand its presence in Asia.  CompAsia specializes in creating an integrated platform that facilitates the trading and purchasing of […]

Immersive entertainment group NEON is reportedly considering a fresh capital injection of approximately US$200 million in its expansion plans. Sources familiar with the matter revealed that the Singapore-based company collaborates with advisors to facilitate fundraising.  The individuals, who requested anonymity due to the confidential nature of the information, indicated that this new funding round would […]

Singapore-based global design studio XM HoldCo Pte Ltd and its subsidiaries, collectively known as the XM Group, have successfully concluded their latest fundraising round. The funding was led by AIOX Apex Angel Fund (AIOX) and saw participation from some of the company’s existing institutional shareholders, including Heliconia Capital Management Pte Ltd and ICH Capital. In […]

Indonesian fintech startup Orderfaz has successfully concluded a pre-seed funding round, as announced on Thursday. The round was led by Singapore-based venture capital firm 1982 Ventures, which acted as the sole investor. The exact amount of funding raised in the round has not been disclosed. Orderfaz, a recently established fintech startup, focuses on serving the […]

Indonesia-based ed-tech startup SoLeLands has successfully secured funding led by venture capital firm East Ventures, with participation from SMDV. The exact amount of funding raised was not disclosed.  The funds will be utilized to enhance capacity and product development in preparation for the anticipated soft launch of SoLeLands’ immersive game-based learning platform in the fourth […]

Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. The acquisition will support businesses throughout the region in enhancing their innovation capabilities and successfully launching and expanding new ventures. The specific terms and details of the deal […]