Money

Singapore-backed technology firms make waves at CES

THOSE who are familiar with Creative Technology's Super X-Fi headphone holography may have felt a pinch of déjà vu when Sony unveiled a new "360 Reality Audio" concept at CES in Las Vegas to much...

More startups have an unfamiliar message for venture capitalists: Get lost

[NEW YORK] On a sunny Saturday morning in New York City a few months ago, a group of 50 startup founders gathered in the dank basement of a Lower East Side bar. They scribbled notes at long tables,...

Kimly receives S$1.4m advance repayment from aborted sale of ASC

CATALIST-listed coffee shop operator Kimly - which is under probe by the authorities over a controversial purchase of a drinks firm that was later aborted - on Tuesday said it has received an...

VC firms bullish on 2019 as region steps into the limelight

ALL leads point to South-east Asia slinking into the spotlight in 2019 as investors' attention on the US and Europe waned - and VCs that The Business Times spoke to are certain that interest will...

Nov business lending chilled by headwinds

BUSINESS lending to key industries has weakened, as sharp geopolitical headwinds blowing into 2019 keep investors wary about the strength of global growth ahead.

Singapore venture capital fund TNB Aura's first South-east Asia fund oversubscribed; raises S$31.1m

SINGAPORE-BASED venture capital fund TNB Aura said on Wednesday that its inaugural South-east Asia focused venture capital fund - TNB Aura Fund 1 - is oversubscribed, with fundraising closed off at S...

Singapore venture capital firm eyes North Asia play

VENTURE capital firm Golden Equator Capital's (GEC) move to launch a S$120 million fund with Korea Investment Partners (KIP) earlier this year comes on the back of push-pull factors - the need for...

Firm operating e-scooter sharing service bags $5m in seed funding

A local firm that operates an electric scooter sharing service has raised $5 million in seed funding.

Proptech startup Propseller raises S$1m in seed round

SINGAPORE proptech startup Propseller has raised S$1 million in seed funding from industry entrepreneurs and senior executives.

Paktor parent raises fresh $34.3m, with Temasek-linked Pavilion Capital among investors

SINGAPORE - Paktor parent M17 Entertainment, which aborted a planned listing this year, announced on Thursday (Dec 6) that it has raised US$25 million (S$34.3 million) in a funding round featuring...