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Osome , a Singapore-headquartered business assistant app that digitizes accounting and compliance tasks, has raised $3 million. The startup currently has about 4,500 SME clients across Singapore, Hong Kong and the United Kingdom, founder and chief executive officer Victor Lysenko told TechCrunch.
Long established as a global financial center, Singapore also looks set to become the “Silicon Valley of Asia.” But having a diverse cluster of big tech companies helps the ecosystem by providing more resources, including mentorship and early funding opportunities, say Singapore-based investors.
The Singapore-based company announced today it has raised $6 million in seed funding, led by B Capital Group. Singapore-based sales productivity platform Nektar raises $2.15 team will continue their strong momentum on the path to becoming the industry-leading tool for enterprise sales productivity.”. million seed round.
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 in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.
The round will be used to expand into more markets and develop new features for StaffAny’s platform, which currently operates in seven countries, including Singapore, where it is based, Malaysia, and Indonesia. SMB tech is a sector GGV invests in globally. It brings the startup’s total raised to $4.2
Tiger Global, which led the startup’s Series C round in February this year, has led the $125 million Series D financing round in the five-year-old startup. The team has demonstrated exceptional growth and continues to disrupt the construction materials industry. Some of its clients are in Bangladesh, Malaysia, Singapore and Dubai. “We
Based in Singapore, Nimbly develops software that automates more of that process. Founded in 2018 by Daniel Hazman and Jonathan Keith, Nimbly is currently used by more than one hundred organizations in seven countries, including Indonesia, Singapore, Malaysia and the United States. The startup announced today it has raised $4.6
Employment Hero doubled the number of its full-time employees to 200 last year, and launched versions in New Zealand, the UK, Malaysia and Singapore. During the pandemic, the company launched a new service called Global Teams for remote work. 6 VCs share their bets on the future of work.
The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mortar stores manage their inventory, merchandising and operations. Singapore is poised to become Asia’s Silicon Valley.
As pressure grows on companies to reduce reliance on gas and oil, established processes even at industrial scales are being questioned, offering an opportunity for tech to step in. The concept isn’t new, and in fact is used across the membrane industry, but where SepPure’s diverges is in its durability and compactness.
Backed by investors including the Bill and Melinda Gates Foundation and CDC Group, Cropin is set on digitizing the agricultural industry. The global ag ecosystem is gigantic in depth and breadth, but strangely, the tools to capture and share data coherently are sorely missing,” he added. Cropin’s leadership team.
Betterdata , a Singapore-based startup that uses programmable synthetic data to keep real data secure, announced today it has raised $1.55 Betterdata also plans to hire more people, including sales and marketing employees, and expand beyond Singapore to more of the Asia-Pacific region over the next one to two years.
MOLOCO , an adtech startup that uses machine learning to build mobile campaigns, announced today it has raised $150 million in new Series C funding led by Tiger Global Management, taking its valuation to $1.5 What’s driving the global surge in retail media spending? MOLOCO’s customers include King Digital, Playrix and Netmarble.
John Brisco, co-founder and chief executive officer of Coherent, told TechCrunch that the startup has worked with more than 30 insurers in 10 global markets during 2020. Global premiums initially shrank, but research by Swiss Re predicts the insurance industry will recover by next year, led by demand in China.
The round included returning investors Target Global, AltaIR Capital and Phystech Ventures, and new backers S16VC and venture capitalist Peng T. The Singapore-based startup’s last funding round was $3 million announced in November. It now claims to be used by 6,000 companies in Singapore, the United Kingdom and Hong Kong, giving it $9.5
In addition, Toni works on several digital-economy-related initiatives that support the scaling of digital businesses, stimulate startup ecosystems and accelerate the digital transformation of key industries in Africa, Asia, the Caribbean and the Middle East. A glimpse into Singapore’s current startup ecosystem. Jamil Wyne.
Today, one of the bigger players on the core technology side — Global Processing Services — is announcing $100 million in funding, a sign not just of how popular embedded finance remains as a business, but also GPS’s traction in the space. That has had a knock-on effect on venture funding for the whole fintech industry.
The company was launched in Hangzhou, China, before moving to it current headquarters to Singapore, and about 70% of its users are in mainland China, followed by markets including South Korea, the United States and Southeast Asia. Ethereum wallet imToken raises $10M Series A from IDG to expand in the US, Asia and Africa.
So armed with those facts and a team of wonderful employees and investors who strongly believed in that, we were able to weather some of the ups and downs of the industry, even though it’s not always been an easy ride. Why Singapore might become Asia’s Silicon Valley. Singapore is poised to become Asia’s Silicon Valley.
Like other areas of healthcare, the dental industry is steadily embracing technology. billion global dental services market this year. The Singapore-based company was founded in 2021, but was an idea that started last year. The Singapore-based company was founded in 2021, but was an idea that started last year.
While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa , CEO and co-founder of Autify , came to realize that there’s one common problem in the software development industry; software testing takes excessive time. Autify, a fully remote company, has 30 employees globally.
Singapore is quickly turning into a hub for food-tech startups , partly because of government initiatives supporting the development of meat alternatives. ” Both Recker and Menezes have years of experience in the food industry. . ” Both Recker and Menezes have years of experience in the food industry.
Seadronix will use the capital to grow its team beyond the current headcount of 30 employees and enter global markets, including Singapore and Europe, where its “smart ports” are located, Byeolteo Park, CEO and co-founder, said in an interview with TechCrunch.
Additional investment came from Iris Capital, with strong participation from current investors, including Rider Global, Northzone, Cherry Ventures and the Italian venture fund H14. PayCargo raises $35M from Insight for its cloud-based platform targeting the freight industry.
One night, his wife bought some frozen shrimp to cook for dinner and he realized the industry he was involved in was poised to affect the health of his own family. And let’s remember, Shrimp is a $50 billion a year market globally. Because the shrimp was from a country that is known to use antibiotics on its shrimp farms.
Una Brands , a Singapore-based e-commerce aggregator, has raised $30 million in pre-Series C financing just five months after announcing its $30 million Series B funding that was raised in September of last year. The startup said in September it had annualized revenue of more than $50 million.)
Founded in 2019, Singapore-based Greywing was created to help ship operators and other members of the maritime industry make critical decisions. Greywing was created in 2019 after founders Clarke and chief technology officer Hrishi Olickel met at Entrepreneurs First in Singapore. million in seed funding.
But the majority of the global workforce is deskless, meaning that they are usually on the move and don’t have constant access to a laptop. Based in Singapore, Mercu wants to help with a platform designed specifically to reach deskless employees. Launched in November 2022, Mercu announced today it has raised $1.6
The startup has offices in New York, Hong Kong, Singapore, Mumbai, Shanghai and Toronto, and serves about 200 enterprise clients, including Fortune 500 corporations, investment firms and government agencies. Lynk, a “knowledge-as-a-service” platform with more than 840,000 experts, raises $24 million.
The company has offices in New York, Hong Kong, Singapore, Mumbai, Shanghai and Toronto. UBS Investment Bank’s Global Markets team was already offering Lynk to its institutional investor clients. As part of the funding, Lynk will broaden its collaboration with UBS Group. When and how to build out your data science team.
With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. The company aims to become a global platform with sales of USD 9.1
Also participating is Anthos Capital, Global Brain, Clocktower Technology Ventures, Moneta VC, Mitsui Fudosan and Firestartr. Nigel Verdon, co-founder and CEO of Railsbank, tells me the injection of capital will be used to continue expanding the fintech’s global footprint and for further product development.
Refract , a Singapore-based extended reality (XR) startup, announced today it has closed approximately $8.5million SGD (approximately $6million) Series A led by Sea Limited along with international family offices and individual investors. Refract also plans to feature AXIS at the 2022 Global Esports Gems in Istanbul, Turkey. .
This is the most notable finding we uncovered in a recent study conducted in conjunction with YouGov, which surveyed more than 2,500 medium level managers or higher and IT decision makers across four markets in Asia Pacific (Singapore, Australia, India and Japan). .
It has also worked with researchers from Waseda University, Kyoto University, Stanford, UC Berkeley, Carnegie Mellon, Cambridge University, the National University of Singapore and the Indian Institute of Technology, among other institutions. I believe this will further help our startups expand to address the global issues of humankind.”. “We
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Akros just raised $2.3 In March, Akros raised $3.75
Easy Eat AI , a Singapore-based startup that wants to “transform restaurants into technology companies,” announced today it has raised $5 million in funding. In a statement about the funding, Keshav Reddy, managing partner of Reddy Futures Family Office, said, “The team is customer obsessed and understands the pain problems of the industry.
Brian Schwarzbach Contributor Brian Schwarzbach is an SF-based investor with Cathay Innovation, a global venture capital firm investing across North America, Europe, Asia and Africa. Industry analysts estimate that the global fashion industry contributes up to 10% of all greenhouse gas emissions each year.
billion from $1 billion just eight months ago as the Indian industrial business-to-business marketplace aggressively scales its offerings in many parts of the world. Moglix will increasingly focus on growth driven by supply chain financing, acquisition of the right partners and global expansion.”.
Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Over 229 family offices have been registered in Singapore since 2020, with total assets under management of an estimated $20 billion. Amit Anand. Contributor. Share on Twitter.
This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. State-backed Guangzhou Automobile Group (GAC), the parent company of OnTime and one of the largest automakers in China, led the round.
We are very excited to support Harbor Lab in its quest to expand globally while establishing their footprint in major maritime hubs like Copenhagen and Singapore. The maritime disbursements industry is estimated to be worth $200 billion annually. Habor Lab launched March 2020.
Live in India, Singapore-based MarketWolf has plans to introduce stock trading to first-time investors in more markets. and understood that there could be an easier, more engaging and risk-managed way of trading made available to people globally.”. Is consolidation on the horizon for Southeast Asia’s tech industry?
Mycel is in talks with global cosmetic brands to co-develop the mycelium-based leather products as well as cosmetics ingredients, Sah said, adding that it aims to commercialize its mushroom leather in 2023. Its pre-money valuation is approximately $40 million (50 billion WON), according to Sah. billion by 2026. billion by 2026.
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