OpenAI, led by Sam Altman, has been attracting attention in the global AI landscape. Temasek’s involvement is likely due to the growing importance of AI technologies and the interest of state-backed entities in investing in advancements in this field. Singapore’s Temasek Holdings, a state-owned investment firm, is currently engaged in preliminary discussions to invest in […]

Singapore-based AI-driven technology company Advance Intelligence Group has raised $80 million in funding from an investor consortium led by existing investors Warburg Pincus and Northstar Group. The new round follows the Group’s Series D funding of over $400 million in 2021. To date, the Group has raised over $700 million and secured over $1 billion […]

Australia and Singapore-based Cortical Labs, a pioneering company in the field of synthetic biology and the use of human neurons for developing artificial intelligence, has successfully closed a $10 million funding round. The funding was led by Horizons Ventures, with participation from Blackbird Ventures, LifeX Ventures, Radar Ventures, and In-Q-Tel. In a statement, Cortical Labs […]

Dozer, a Singapore-based open-source data infrastructure platform that simplifies the creation of highly scalable real-time data APIs, has raised US$3 million in seed funding. Sequoia Capital India and Southeast Asia’s Surge led the round, with participation from Gradient Ventures and January Capital. The funding will be used to scale Dozer’s product and engineering teams. The […]

A recent study released by Visa has found that majority of Singaporean consumers want the option to control their data rather than leaving it up to the discretion of companies and government. According to the Consumer Data Confidence Research by Visa, almost 8 out of 10 of Singapore consumers want more control of data. It […]

Singapore-based Finbots.AI, an Artificial Intelligence-envisioned firm bringing innovation to banks and financial institutions, announced that it has raised $3 million in a Series A funding round anchored by venture capital firm Accel. Accel made the investment from its Fund VII. The funding marks the first external investment Finbots.AI has raised, according to the announcement. With […]

Builder.ai, an AI-powered low-code/no-code app development platform, announced raising $100 million in its Series C funding round led by global venture capital and private equity firm Insight Partners. The round, which brings the company’s total funding to $195 million across three total rounds, includes participation from existing investors such as Singapore based Jungle Ventures in […]

Datature, a fast-emerging player in the machine learning sector, has raised $2.7 million from Openspace, a regional tech investor and the early backer of Gojek amongst others. January Capital also participated in the round. The fundraising follows early traction as Datature quickly establishes itself as one of the most exciting new end-to-end no-code MLOps platforms. […]

Singapore-based voice artificial intelligence startup AI Rudder announced raising $50 million Series B funding, bringing its total funding in the last 12 months to $60 million. New investors Tiger Global, Coatue, Cathay Innovation, First Plus and VenturesLab participated and were joined by previous investors Sequoia Capital India and Huashan Capital. AI Rudder, founded in 2019, […]

SpaceAge Labs, a Singapore-based IoT / AI solutions startup, has announced raising S$1.7 million (about $1.25 million) in a seed funding round co-led by Silicon Solution Partners and SEEDS Capital, the investment arm of Enterprise Singapore. SpaceAge Labs is a deep tech startup that was incubated at NUS Enterprise @ Singapore Science Park. It is […]