funding

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.

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

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

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.

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

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.

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.

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.

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. 

Toyota invests in Grab to extend ride-share foray

(Aug 30): Toyota Motor is pushing deeper into the ride-sharing business.
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