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Gaming accessory maker Razer says it will place 20 face mask vending machines in Singapore by June 1st to help the city-state, where the company’s global operations are based, in its COVID-19 relief efforts, Reuters reports. Razer’s automated face mask production line in Singapore. Image: Razer.
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.
Eat Just will start offering lab-grown chicken meat in Singapore after gaining regulatory approval from the Singapore Food Agency (SFA). While there are plenty of other companies working on lab-grown meats using various techniques, Eat Just describes the Singaporegovernment’s review and regulatory approval as a “world first.”
Interested in tech, Quah Zheng Wei left his career as a chartered accountant to teach himself how to code. startups like Trinsic work with verifiable identity credentials, like New Zealand companies like MATTR are working with the country’s government to create digital identity and verifiable data.
Singapore-based fintech Hashstacs Pte Ltd (STACS) announced today it has raised $3.6 The company develops blockchain platforms that can work with financial institutions’ existing infrastructure, and its core technology is also used in GreenSTACS for environmental, social and governance (ESG) investments.
The next-gen scooter will come with an updated version of Beam’s safety platform, dubbed Micromobility Augmented Riding Safety (MARS), that helps protect pedestrians and enhance local governments’ control over where e-vehicles can park or ride, says Jiang. . Singapore’s micromobility startup Beam raises $26 million.
Today, the Singaporean-based startup announced it has raised $10 million, with the goal of expanding its wireless laser communications system in Indonesia, India, the Philippines, Malaysia, Singapore and the United States. by exploring collaborations with the government, enterprise and telecoms over the next 12 months.
Sleek , the corporate services platform that helps entrepreneurs launch and run new companies in Singapore and Hong Kong, has raised $4 million. The new funding was led by SEEDS Capital, the investment arm of government agency Enterprise Singapore. ” Singapore-based digital business assistant Osome raises $3 million.
Singapore is home to fewer than six million people, making it one of the smallest ASEAN countries, in terms of population. A glimpse into Singapore’s current startup ecosystem. The education sector is also prominent in Singapore’s ecosystem. So, how did Singapore’s startup ecosystem come to be?
Wavemaker Partners doesn’t just want to invest in climate tech and sustainability startups. Today, the Singapore-based firm announced the launch of Wavemaker Impact , a venture builder that identifies potential business opportunities, finds seasoned entrepreneurs to turn those ideas into startups and acts like a co-founder as companies scale.
The agreement includes building Eat Just’s first factory in Asia, which will be based in Singapore. As part of the deal, Proterra, which focuses on agri-tech, will invest up to $100 million in the facility, while Eat Just will invest $20 million.
This was the year that global investors not only started to pay close attention to the region’s tech ecosystems, but also began putting real money into them. A close look at Singapore’s thriving startup ecosystem. In Singapore, for instance, Ninja Van , Carousell , Carro and Nium were among startups that hit unicorn status.
The US Department of Commerce has ordered American companies to not sell their tech to NSO, citing reports that the group’s Pegasus spyware is used against journalists, government officials, activists, and more. Pegasus had made headlines before this year, too.
Based in Singapore, it is currently active there and in Indonesia, and plans to roll out in other Southeast Asian markets after localizing for employment regulations. He added that “Singapore is possible the most mature market in Southeast Asia Asia in terms of software/cloud adoption and willingness to spend. What downturn?
Construction tech startups are poised to shake up a $1.3-trillion-dollar Cheuk said the company’s initial markets in Southeast Asia will include Indonesia and Vietnam because government planning for smart cities and new infrastructure means new construction projects there will increase over the next five to 10 years.
On Apriil 29 Microsoft and TechSoup held an NGO Connection Day at the Microsoft office in Singapore. TechSoup's partner NGO, the Hong Kong Council of Social Services , attended as well, giving local attendees a personal insight on how TechSoup's global network enables capacity and community building around the world.
government was getting more comfortable with the concept of cultivated meat , the Italian government put forth a bill banning the use of lab-grown food. Currently, Singapore is the only country allowing sales of cultivated chicken. Just when the U.S. In the U.S., Anonymity requests will be respected.
What SOSV’s Climate Tech 100 tells founders about investors in the space. 10 key lessons about tech mergers and acquisitions from Cisco’s John Chambers. It’s not clean tech 2.0. Is it another clean tech bubble? Climate tech is not a walk in the park and the playbook is yet to be written.
Singapore is quickly turning into a hub for food-tech startups , partly because of government initiatives supporting the development of meat alternatives. Next Gen claims this is the largest seed round ever raised by a plant-based food tech company, based on data from PitchBook.
Satellite Party — Singapore: The Gateway to Asia-Pacific. Sponsored by: Singapore Global Network. Description: Glean a better understanding of the tech ecosystem in Singapore and Asia-Pacific. Live Career Fair: Climate Tech. Enjoy drinks and hors d’oeuvres while chatting with our experts. Date/Time: Oct.
Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. Singapore is by far the most developed behind those big three markets with government schemes attracting over a dozen early stage firms to set up shop here (e.g. the large government-linked corporations setting up their own venture arms (e.g.
” The initial markets will be in Mexico, Costa Rica, Peru, South Africa, Kenya, Uganda and Vietnam, where Apeel’s tech will treat avocados, pineapples, asparagus and citrus fruits like lemons, limes and oranges. Preventing food waste nets Apeel $250 million from Singapore’s government, Oprah and Katy Perry.
Businesses, and the tech platforms that support their operations, had to adapt quickly to the pandemic. 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.
Thomas Clayton has started and run numerous high-tech startups in Silicon Valley. While Asia has long been known for its cheap engineering resources and the off-shoring tech phenomenon that took place over a decade ago, the cost gap has narrowed — and even more significantly, so has the quality gap. My simple answer is: absolutely.
Investors other than WeRide and Pony include Japan’s SPARX, Singapore’s Pilgrim Partners Asia, as well as government-affiliated funds Guangzhou Industrial Investment and Capital Operation, Lingnan Commerce and Trade Tourism, and Guangzhou Industrial Control.
Hubilo’s clients have included the United Nations, Roche, Fortune, GITEX, IPI Singapore, Tech In Asia, Infocomm Asia and Clarion Events. Vaibhav Jain, Hubilo’s founder and CEO, told TechCrunch that many of its customers before the pandemic were enterprises and governments that used its platform to help organize large events.
One of the early-stage startups making such an effort is Singapore-based Horizon Quantum Computing, whose tools can automatically construct quantum algorithms based on programs written in classical languages. This is important in a world where businesses are increasingly caught in the tech war between the U.S.
China and Singapore, led by four co-founders who were colleagues at Tencent — Tim Yoeh, Specer Shaw, Jeff Jin and Kyle Wright. “A person who doesn’t own an official ID can get a.bit account, skip the government and start using a range of apps,” the founder suggested.
One of them is Singapore-based Safeheron, which recently raised $7 million in a pre-Series A funding round. Like many Singapore-based web3 entrepreneurs, Wang and his co-founders are veterans of China’s tech industry. Safeheron’s goal is to make private keys safer.
The firm is led by former CPT Capital investors Costa Yiannoulis and Rosie Wardle, who have invested in the sector since its nascency in 2014, and biologist David Welch, and supports startups leveraging high tech to solve global food system challenges across the food value chain.
Please bring your ticket and a government-issued photo ID to pick up your badge. Finding True Love in Tech Partnerships: The Dos and Don’ts , with Mambu. Tech Driven Biology and Chemistry: Solving Science’s Hardest Problems at Scale , with Amazon Web Services. Trust as the New Currency in Tech , with Egon Zehnder.
It’s a gap Marco Financial is looking to bridge through its tech-enabled risk assessment platform that can provide better insight on who should receive loans. How tech can build more resilient supply chains. government, most recently serving as managing director for the U.S. Shoihet met his co-founder and COO Peter D.
It’s getting hot in here : Software aimed at helping small businesses take online orders is on fire right now, and Meta is fanning the flames with a new investment in Take App — the Singapore-based startup that is providing simple tools for merchants to create a website and begin taking orders via WhatsApp, Paul reports. Big Tech Inc.
More crime and more government regulations around privacy mean that advertisers are demanding more answers, he said. The new funding will go toward adding more privacy and data features to its product, doubling the sales and customer teams and expanding its office in London, while also opening a new office in Singapore.
Another change that happened was that Twitter removed the “government-funded” news labels after NPR and others fought back, Amanda reports. Startups and VC Imitating the real data : Singapore-based Betterdata took in $1.55 Big Tech Inc. You can sign up here. Use code “DC” for a 15% discount on an annual subscription!
Its team has grown to 35 people, with most based in Indonesia, but ACV also recently established Singapore and Malaysia offices. Fund V will also focus on new themes including climate tech. It also helps companies with compliance and governance, like making sure they have functional boards and a good set of advisors.
This roundup of face-to-face nonprofit tech events includes meetups from NetSquared , NTEN's Tech Clubs , and HandsOn Tech. Los Angeles, California: Muslims in Tech. Mississauga, Ontario: Hustle Hour — Tech Entrepreneurs Mastermind. Los Angeles, CA: WordPress for Nonprofits — Tech Surgery.
Headquartered in Fremont, California, with offices in Singapore, India and Japan, Profit.co Profit.co’s SaaS platform is used by more than 1,100 customers in 25 countries, including Deckers Brand, Sandvik, Deriv, Singapore’s Open Government and Phoenix Rescue Mission. Before founding Profit.co when it began adopting OKRs.
The move positions Shein, now based in Singapore, to compete with Indias established players like Tatas Zudio and Flipkarts Myntra in the affordable fast-fashion segment. The Indian governments policy on Chinese software, particularly its firm stance against Chinese apps, has been a direct result of geopolitical tensions.
This roundup of face-to-face nonprofit tech events includes meetups from NetSquared , NTEN's Tech Clubs , and other awesome organizations. Happy Hour with Nonprofit Tech Luminaries. NTEN Presents: Oregon Nonprofit Tech Roundup. Baltimore, Maryland: WordPress 101 and Tech Help and Consultations.
But the problem for many enterprises is that they are not tech businesses at their core, so bringing on and using AI will typically involve a lot of heavy lifting. Temasek and the government of Singapore Investment Corp. Today, one of the startups building AI services is announcing a big round of funding to help bridge that gap.
Tech giants in China and the U.S. TikTok Shop being shut down in Indonesia by the government was unexpected. The Indonesian government believed that TikTok Shop’s business model would impact the livelihood of local small businesses, leading to the shutdown order. are competing to develop and launch similar products.
Tech giants in China and the U.S. TikTok Shop being shut down in Indonesia by the government was unexpected. The Indonesian government believed that TikTok Shops business model would impact the livelihood of local small businesses, leading to the shutdown order. are competing to develop and launch similar products.
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