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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.
Good Meat announced today it has received regulatory approval from the Singapore Food Agency to use serum-free media for the production of its cultivated meat. Its lab-grown chicken is currently available in Singapore, where Eat Just gained regulatory approval to sell its lab-grown chicken meat in 2020.
trillion general insurance industry. . The company is currently operating its service in Singapore, but plans to enter other markets like Malaysia, Hong Kong and Taiwan, Gordon Tay said. . “We Asia’s general insurance market is about $564 billion, and Singapore has approximately $2.9 billion, Gordon Tay mentioned. .
Singapore's Second Minister for Trade and Industry, Tan See Leng, addressed the issue in a statement to lawmakers. According to Tan, while Nvidia reported that 22 percent of its sales in the August-October 2023 period were attributed to Singapore, this figure primarily reflects billing practices rather than physical product delivery.
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.
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
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. It brings the startup’s total raised to $4.2 SMB tech is a sector GGV invests in globally.
Currently, Singapore is the only country allowing sales of cultivated chicken. Cultivated meat is closer to our plate now that Good Meat also gets FDA blessing Italy’s ban on cultivated meat could set the industry back by Christine Hall originally published on TechCrunch Anonymity requests will be respected.
Chinese robotics firm Deep Robotics, in partnership with Singaporean electrical equipment supplier Eastern Green Power, has recently delivered an advanced power tunnel inspection solution to Singapore Power Group (SP Group). The solution features Deep Robotics’ self-developed X30 quadruped robot and cutting-edge digital technologies.
After several launches, however, the Singapore-based startup noticed an interesting trend: customers were ordering batches of products from Raena every week and reselling them on social media and e-commerce platforms like Shopee and Tokopedia. Image Credits: Raena. “Basically, you have to block your capital upfront.
A Singaporean employment watchdog has closed an investigation against Ubisoft Singapore that was opened following allegations of a toxic studio culture and says it will not be taking action against the company. Ubisoft Singapore handled the workplace harassment reports that it received appropriately.”.
Pharmacies in Southeast Asia were largely fragmented, mom-and-pop shops operating in silos when the company — originally known as mClinica — was incorporated in Singapore in 2014. Certainly, SwipeRx — which raised $6.3 million in Series A funding in 2017 — has the kind of momentum that investors like. ”
Razer was among several technology firms that diverted resources to help make masks and medical equipment for the struggling healthcare industry as the Covid-19 pandemic gripped the globe. Coming up with a novel way to distribute the personal protective equipment, however, was just as critical as manufacturing the goods and.
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.
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.
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.
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.
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 Singapore-based digital business assistant Osome raises $3 million. Ong, who joined as an angel investor.
Backed by investors including the Bill and Melinda Gates Foundation and CDC Group, Cropin is set on digitizing the agricultural industry. Headquartered in Bangalore, Cropin has subsidiaries in the United States, Singapore and the Netherlands. over the past few years, and expects to see similar growth this year.
And Singapore has its very own Pinterest clone called Singterest. Apply existing solutions to your industry. Think Linkedin – social networking concept adapted to the business industry. Think Airbnb – a popular hotel search and booking concept adapted to the bed and breakfast industry. There you go.
It’s a pivotal moment for Good Meat that’s been years in the making and it’s a crucial step toward creating an industry that can help transform our food system,” Josh Tetrick, co-founder and CEO of Good Meat, told TechCrunch via email. “We Challenges still facing this industry include cost and time. restaurants. “It’s
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.
Like other areas of healthcare, the dental industry is steadily embracing technology. 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. billion global dental services market this year.
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. Competition-wise, there are two companies in Singapore with vertical aquaculture systems — Universal Aquaculture and Apollo Aquaculture.
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.
Founded in 2016, viAct currently serves more than 30 construction industry clients in Asia and Europe. trillion-dollar industry. It will also enter Singapore because developers are willing to adopt AI-based technology. The funding included participation from Alibaba Hong Kong Entrepreneurs Fund, Artesian Ventures and ParticleX.
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. Menezes’ food career started in Brazil at one of the world’s largest poultry exporters.
Global premiums initially shrank, but research by Swiss Re predicts the insurance industry will recover by next year, led by demand in China. Coherent will focus on China and emerging markets in Asia.
Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.
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.
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.
In addition to 352 cities in mainland China, Lalamove also operates in Hong Kong (where it launched), Taiwan, Vietnam, Indonesia, Malaysia, Singapore, the Philippines and Thailand. The company entered the United States for the first time in October, and currently claims about 480,000 monthly active drivers and 7.2
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. AXIS doesn’t need a base station but still requires wifi to connect to the user’s computer.
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.
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.)
There still exists a tech talent crunch, even in Singapore, where most layoffs and hiring freezes have happened because it’s regional headquarters for many international businesses and a startup hub. Is consolidation on the horizon for Southeast Asia’s tech industry? It’s a correction in general.
It also will be expanding its European and Asian operations following the recent opening of a Singapore office and the extension of its operational presence to five offices in Asia. PayCargo raises $35M from Insight for its cloud-based platform targeting the freight industry.
Most of the members are running businesses larger than mine in very different industries, but our concerns are surprisingly similar. I understand that you’re upset and can’t imagine how your suitcase ended up in Singapore.” ) False sympathy seldom does the trick. describes her team of advisors like this. “I We meet once a month.
Singapore was the first nation to approve cultured meat products for sale , with Eat Just being the first, and really only, company to sell its lab-grown chicken there. million — and is tapping into that existing Singapore network to get its exotic meat products, like kangaroo and alpaca, into restaurants.
Based in Singapore, Mercu wants to help with a platform designed specifically to reach deskless employees. Its customers include Mexican fast food chain Guzman Y Gomez’s operations in Singapore and Sam Prince Hospitality Group in Australia. Launched in November 2022, Mercu announced today it has raised $1.6
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