As the decade is coming to an end, it has seen an impressive 25x growth from a tiny $550 million in 2010 to $14.5 billion in 2019 in terms of the total funding raised by the start-ups. This year start-ups raised $14.5 billion in 1185 funding rounds out of which 459 were Series A and late-stage investments, according to the…
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…
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…
Thailand-based insurtech startup Sunday raises $11 million in extension Series A funding round led by Quona Capital, according to a statement issued by the firm. This second tranche of capital was led by Quona Capital, a fintech venture capital (VC) firm, and joined by Temasek-backed investor, Vertex Ventures. This brings Sunday’s total Series A round to $21 million, after raising…
The second successful round of Tribe Accelerator funding just added more money to the ambitious program’s kitty. Singapore government’s Tribe Accelerator has raised around sixteen million US dollars ($16M) that will help the blockchain startups under its aegis. Enterprise Singapore, the government agency responsible for the promotion and development of blockchain startup, built Tribe Accelerator as an incubator for blockchain…
Singapore-based venture capital firm Circulate Capital has announced the launch of Circulate Capital Ocean Fund (CCOF), the world’s first investment fund dedicated to preventing Asia’s ocean plastic crisis. Circulate Capital said it launched the $106-million fund, with founding investors and partners PepsiCo, Procter & Gamble, Dow, Danone, Unilever, The Coca-Cola Company, and Chevron Phillips Chemical Company, to address the financing…
Singapore-based wastewater treatment startup Hydroleap has secured S$2.6 million (US$1.9 million) in a funding round led by Wavemaker Partners. Other investors including Enterprise Singapore’s Seeds Capital and 500 Durians (500 Startups’ Southeast Asia fund) also participated in the round. Founded by Mohammad Sherafatmand, Hydroleap provides a cost-effective and environmentally friendly solution for wastewater treatment, which is traditionally done by adding…
ONLINE marketplace operator Carousell has agreed to merge with 701Search, the classifieds firm owned by Norwegian telco Telenor Group, in a deal that values that Singapore-based startup at over US$850 million. Following the part-cash, part-equity deal, Telenor will be Carousell’s new single-largest minority shareholder, with a 32 per cent stake in the combined company. 701Search's three online marketplaces - Mudah…