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Startups, Entrepreneurs, Digital economy
Hyundai reinvests another US$250 mil in Grab
SINGAPORE (Nov 7): Ride-hailing company, Grab, has secured US$250 million ($343.5 million) in investments from South Korean carmaker, Hyundai.
November 07, 2018
Beam scores funding to bring e-scooters to Singapore
(Oct 24): Singapore’s sidewalks are about to get a lot more crowded. Beam, co-founded by the former Asian chief for Chinese bike-sharing giant Ofo, has raised US$6.4 million ($8.8 million) from investors including Sequoia India to deploy its electric sc
October 24, 2018
Startups, Entrepreneurs, Digital economy
Temasek-backed Chinese travel site aims to raise up to US$300 mil
HONG KONG (Aug 17): A Chinese travel website backed by Singaporean state investor Temasek Holdings hopes to raise up to US$300 million ($413 million) in a new funding round that it hopes to value the firm at US$2 billion to US$2.5 billion, two people with
August 17, 2018
Startups, Entrepreneurs, Digital economy
ezbuy raises US$17.6 mil in pre-series C funding
SINGAPORE (May 24): Local online shopping platform, ezbuy.sg, has successfully raised a total of US$17.6 million ($23.6 million) in its pre-series C funding.
May 24, 2018
Malaysia
Funding for TRX Lifestyle Quarter on the line
KUALA LUMPUR (May 17): Although previously close to securing between RM2 billion ($676.4 million) and RM3 billion worth of financing for its Lifestyle Quarter in the Tun Razak Exchange (TRX) development, TRX City Sdn Bhd and its joint-venture (JV) partne
May 17, 2018
Startups, Entrepreneurs, Digital economy
Engine Biosciences secures US$10 mil of seed capital from US & Asian investors
SINGAPORE (Jan 31): A biotech company with offices in Singapore and San Francisco, Engine Biosciences, says it has secured US$10 million ($13.1 million) in seed funding from both American and Asian investors.
January 31, 2018
Stratech to receive funds from controlling shareholders, plans to propose scheme of arrangement
SINGAPORE (Jan 19): The controlling shareholders of Stratech Group have received funding via the refinancing of their personal property from investment fund manager, Boulevard Capital Partner.
January 19, 2018
TEE International bags US$15 mil investment from Temasek investment company
SINGAPORE (Dec 19): TEE International, the regional engineering company with business interests in real estate and infrastructure, has secured a US$15 million ($20.2 million) investment from Temasek’s Pierfront Capital Mezzanine.
December 19, 2017
NSI Ventures targets US$125 million second fund for consumer apps
(Dec 13): NSI Ventures, an early backer of Indonesian ride-hailing giant Go-Jek, is targeting a US$125 million ($169 million) second fund to continue investing in consumer apps as well as startups in health care, financial services and education.
December 13, 2017
Toyota invests in Grab to extend ride-share foray
(Aug 30): Toyota Motor is pushing deeper into the ride-sharing business.
August 30, 2017