Tamar Schapira of SenseIT was declared the winner of the final of the Next Women Female Founders Force Program on 19 December 2019. She received the prize from Peter Potman, Deputy Director General of Foreign Economic Relations at the Ministry of Foreign Affairs during the Hearst HQ event. Tamar Schapira will gain access to a network of more than 150…
Michigan-based EV startup Rivian has announced a massive new $1.3 billion financing round led by T. Rowe Price — one that includes existing investors like Amazon and Ford. It’s the fourth time Rivian has raised money this year, following an Amazon-led $700 million raise in February, a $500 million investment from Ford in April, and $350 million from Cox Automotive…
Zenyum, a dental cosmetics startup founded in Singapore, raised $18.57m (US$13.6m) in its Series A funding round from RTP Global, Sequoia India, TNB Aura, Enterprise Singapore’s investment arm SEEDS Capital and other investors, according to an announcement. Zenyum was founded in 2018 by Julian Artopé and Frederik Krass. It leverages the power of technology and a fast-growing network of dentists…
If you're looking for a wireless mechanical keyboard that won't break the bank, there's a new player in town. Singapore startup Tempest has launched the Kirin, a wireless Bluetooth keyboard that also offers an eye-catching pop of colour that you don't often get on stock keycaps. The Kirin is also a tenkeyless model, so it's more compact and ergonomic to…
Contract management is a time- and money-sucking endeavor for enterprises, regardless of their size or industry. According to a 2016 survey conducted by Apptus, 39% of legal departments are forced to rely on non-lawyers to manage their contracts, while 50% take a week or longer to turn out documents like non-disclosure agreements. Moreover, only 40% of legal departments say they…
Hong Kong-based Gaw Capital Partners has raised US$2.2bn in the final closing of its Gateway Real Estate Fund VI, marking the firm’s largest fund to date. Gaw Capital also secured a sidecar co-investment commitment of up to US$800m. The fund received commitments from sovereign wealth funds, endowments, pension funds and other institutional investors, with 46% from Europe, 37% from Asia…
Fresh meat and seafood brand Licious has raised $30 million in Series E funding round. The round was led by Singapore-basedVertex Growth Fund along with existing investors 3one4 Capital, Bertelsmann India Investments, Vertex Ventures Southeast Asia and India, and Sistema Asia Fund. Including this round, Licious has raised a total of $95 million to date. Bengaluru-based Licious was founded by…
The world’s largest investment funds – controlling a mammoth US$37 trillion in assets – are failing to bring their portfolios in line with the Paris climate goals, new analysis showed on Wednesday. The funds control portfolios containing a fifth of the total value of world capital markets, yet their investments in sectors such as cars and coal puts them “significantly…
Sleek, a startup that is making it easier for other startups and companies to incorporate and operate in Singapore and Hong Kong, said today it has extended its seed financing round to raise $5 million. The extended seed round for the two-year-old startup was led by private investors Pierre Lorinet and Fabio Blom, and MI8, an Asia-focused European-backed private investment…
STARTUP consultancy xto10x Technologies has opened an office in Singapore, which will be helmed by its new South-east Asia chief executive officer (CEO), Chai Jia Jih. xto10x helps other startups scale up, through its software, knowledge and capabilities in areas such as operations, data science, human resources, finance and governance. The Bengaluru-headquartered firm said in a media statement on Friday…