Money

Quest Ventures raising two new funds totalling up to US$120m

VENTURE capital firm Quest Ventures is raising two funds - an open fund of US$50 million to US$100 million, and an impact fund of up to US$20 million - The Business Times has learnt.

Singapore fintech start-up Rely raises seven-figure pre-series A funding

SINGAPORE - Singapore fintech, Rely, has raised a seven-figure pre-series A funding led by commercial financier Goldbell Financial Services. Other investors include Singapore-based family office...

Temasek leads $115m funding round for medical firm

Medical start-up Gracell Biotechnologies has raised US$85 million (S$115 million) through a series B round led by investment firm Temasek.

Temasek leads US$85m investment round for gene therapy start-up Gracell Biotech

SINGAPORE - Immnune cell gene therapy start-up Gracell Biotechnologies has raised US$85 million (S$114.8 million) through a series B round led by Singapore government investment firm Temasek...

Tech-focused real estate start-up Echo Base backed by Razer CEO Tan Min-Liang announced

RAZER chief executive Tan Min-Liang is poised to shake up traditional real estate development with a new start-up he backed that aims to incorporate artificial intelligence, the Internet of things...

AI start-up ViSenze raises US$20m in Series C funding

SINGAPORE - ViSenze, a start-up that sells artificial intelligence (AI) technology to boost e-commerce, has raised US$20 million (S$27 million) in Series C funding. The funding round was co-led by...

BreadTalk buys out joint venture partner in Thailand for $6.96m

SINGAPORE - F&B chain BreadTalk has bought out its partner in a joint venture in Thailand, acquiring the remaining 50 per cent interest in the company that it does not own from The Minor Food...

Blockchain startup Band Protocol lands US$3m seed funding led by Sequoia India

WHILE still in the thick of building its blockchain solution and business model, startup Band Protocol is now the first blockchain bet of venture firm Sequoia Capital India in Southeast Asia.

Tech talent programmes, R&D tax perks top startups' wishlist

AS THE local startup scene matures, industry players hope that this year's Budget will provide more support for talent, innovation and growing the pool of venture capitalists and angel investors.

Singapore-based AI start-up 6Estates completes Series B funding

SINGAPORE - Singapore-based artificial intelligence (AI) start-up 6Estates has completed a Series B funding round, led by Indonesia-focused GDP Venture and participated in by Central Capital...