As the number of Covid-19 cases continues to increase globally, Singapore-based Expara Ventures has launched a new accelerator program to support startups developing solutions to the new challenges brought by the outbreak. The early-stage VC firm and startup enabler said it is now accepting applications for its Expara VirTech Global Accelerator. The three-month online program is set to back 30…
Singapore-based cybersecurity firm Right-Hand has announced US$1,000,000 (SG$1,400,000) in seed funding, which will be used to accelerate its product roadmap development. According to a company statement, Right-Hand offers a software-as-a-service (SaaS) platform for companies to monitor, measure, and mitigate human-induced cybersecurity risks. The seed funding round was led by Atlas Ventures, a Singapore-based early-stage venture capital fund. SGInnovate, an investment…
Singapore-based fashion rental startup MadThread has raised over US$513,000 (or S$700,000) in seed funding in a syndicate deal managed by AngelCentral, an angel investment community that supports startups in Southeast Asia. AngelCentral partner Phey Teck Moh led the round, which marks AngelCentral’s sixth syndicate. Eleven other investors also participated in the round. MadThread advocates a smarter way of fashion shopping…
Singapore-based fintech startup SoCash raised US$6 million in a series B round led by Japanese money-handling systems developer and manufacturer Glory. SC Ventures, the investments unit of Standard Chartered Bank, and fund network Vertex Ventures also participated in the round. SoCash allows customers to withdraw cash from small stores by plugging into banks’ mobile apps and partnering with local merchants.…