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Singapore wealth management platform Endowus raises $35M

TechCrunch

One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 Returning investors include notable firms like UBS Next, Singapore’s EDBI, Prosus Ventures (owned by Naspers), Lightspeed Venture Partners, Singtel Innov8 and Endowus employees.

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Singapore-based digital business assistant Osome raises $3 million

TechCrunch

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.

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Singapore-based mental health app Intellect reaches one million users, closes seed funding

TechCrunch

Intellect , a Singapore-based startup that wants to lower barriers to mental health care in Asia, says it has reached more than one million users just six months after launching. Singapore-based Intellect wants to lower barriers to mental health support in Asia. Chai also participated. Intellect offers two products.

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Singapore-based Climate Alpha analyzes the impact of climate change on real estate

TechCrunch

Founded by an expert on geography and globalization, Climate Alpha’s AI-based platform helps real estate owners and investors analyze the impact of climate change on their portfolios.

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Singapore-based edtech Cialfo gets $40M led by Square Peg and SEEK

TechCrunch

Cialfo wants to make the process easier, with a platform that includes school research, communication tools for counselors and students, and Direct Apply, which helps international students find and apply to hundreds of programs with a single application form. The company operates on a B2B model, selling subscriptions to schools.

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E-commerce fulfillment platform Shippit raises $22.2 million led by Tiger Global

TechCrunch

Shippit , a Sydney, Australia-based e-commerce logistics platform, will expand in Southeast Asia after closing a $30 million AUD (about $22.2 million USD) Series B led by Tiger Global, with participation from Jason Lenga. The company launched in Singapore in May, followed by Malaysia in August.

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Singapore-based e-commerce platform Carousell lays off 10% of staff

TechCrunch

Carousell , a Singaporean consumer-to-consumer (C2C) service platform operating across Southeast Asia, is letting go of about 110 employees, or 10% of its total headcount, in an effort to reduce costs amid a challenging market condition for the tech industry. . million since its inception, per Crunchbase. .