Money

Venture capital firm Cocoon Capital eyes enterprise-tech startups with US$20m fund

SINGAPORE-BASED venture capital (VC) firm Cocoon Capital launched a new US$20 million fund targeting enterprise-tech startups in South-east Asia that are within the deep tech, fintech and medtech...

Cloud company Deskera raises over US$60m, crosses $100m in revenue in FY17

SINGAPORE - Cloud company Deskera on Tuesday (Nov 27) announced that it has raised over US$60 million from a host of investors, including Jungle Ventures, Cisco Investments, Tembusu Partners,...

Medtech firm Ark launched with US$40m Series A funding

IN A BOLD move for venture capital firms in the region, Singapore's Venturecraft has merged with medtech startup Mirxes to form Ark Bio, a cancer detection company armed with a US$40 million...

Singapore start-up Sendhelper raises $610,000 to launch jobs matching platform

SINGAPORE - Singapore-based technology company Sendhelper has raised $610,000 in seed funding, led by Captii Ventures.

Region's VC, PE to double to US$70b by 2024: Bain report

SOUTH-EAST Asia's booming venture capital and private equity market is poised to see deal value soar to US$70 billion over the next five years, doubling that of the previous five years, according to...

E-wallet, crypto players show support for Payment Services Bill

E-WALLET and cryptocurrency players welcomed - with some degree of reservation - the new regulatory framework for payment services that was unveiled on Monday.

South-east Asia venture capital, private equity deal value to hit US$70b by 2024: report

SOUTH-EAST Asia's booming venture capital and private equity investment market is set to see deal value hit US$70 billion by 2024, double the level of the previous five years, according to a Bain...

Russian venture investor sees Singapore as springboard to Asia

A RUSSIAN venture investor with US$100 million under management, described as Europe's most active seed fund, has set its sights on Singapore as its gateway to Asia.

MAS launching US$5b fund for private equity and infrastructure investments

THE Monetary Authority of Singapore (MAS) is launching a US$5 billion fund for private market investments, to be managed by top global private equity and infrastructure fund managers.

Grab in tie-up with UOB for financial services in region

UOB and Grab have entered into an alliance that will see UOB delivering financial services to Grab’s user base in Asean.