EDBI

IHH Healthcare, Sequoia India and EDBI part of investors in medtech start-up Us2.ai’s US$15 million series A round - THE EDGE SINGAPORE

Funds

IHH Healthcare, Sequoia India and EDBI part of investors in medtech start-up Us2.ai’s US$15 million series A round

This investment will enhance the delivery of care by doctors and speed up the diagnosis of heart conditions for the public:IHH CEO

Company in the news

Backed by EDBI and major Ikea franchisee, renovation platform Livspace turns unicorn with US$180 mil round led by KKR

Seven-year-old Livspace — now a unicorn — recently acquired a majority stake in Singapore-based home remodeling platform Qanvast.
Singapore unveils over $1 billion in new measures to boost equity financing for high-growth enterprises - THE EDGE SINGAPORE

Markets

Singapore unveils over $1 billion in new measures to boost equity financing for high-growth enterprises

Trade and Industry Minister Gan Kim Yong hopes the new measures will “blow new wind into the sails of our private equity market”.

Startups, Entrepreneurs, Digital economy

Singapore biotech startup MiRXES startup raises $104.1 mil in funding

The funding from investors was led by CR-CP Life Science Fund, as well as Rock Springs Capital, EDBI & CCB International Holdings.
Staying private vs going public: What are their downsides? - THE EDGE SINGAPORE

Markets

Staying private vs going public: What are their downsides?

Staying private means flexibility for companies to restructure while going public unlocks value for shareholders

Startups, Entrepreneurs, Digital economy

Eko.ai aims to disrupt cardiologists with AI

SINGAPORE (April 30): Until about three years ago, James Hare was happily retired and taking things easy. He had successfully listed an online travel start-up he co-founded and left the company to invest in several tech start-ups.

Company in the news

Cityneon gets EDBI boost as it looks to break into new markets

SINGAPORE (Aug 26): Cityneon Holdings, which was delisted from the Singapore Exchange (SGX) and privatised earlier this year, has gotten a shot in the arm from the investment arm of the Singapore Economic Development Board.

Startups, Entrepreneurs, Digital economy

ShopBack raises US$45 mil in latest funding round

SINGAPORE (Apr 10): ShopBack, the rewards and discovery platform, has secured US$45 million ($60.9 million) in its latest funding round, bringing the company’s total funding to US$83 million.

Tech

AI company Appier secures US$33 million in Series C funding

SINGAPORE (Aug 30): Appier, which develops artificial intelligence technology, has secured US$33 million in Series C funding from a group of investors including EDBI, the SoftBank Group Corp, LINE Corporation, NAVER Corporation and Hong Kong-based AMTD Gr

Tech

Netflix rival iflix gets $181 mil boost with new investors including EDBI

SINGAPORE (Aug 8): Malaysian streaming provider iflix today announced the completion of a US$133 million ($181 million) funding round, which brings its total funding raised in the current year to an excess of US$220 million.
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