Money

e-scooter sharing service bags US$6.4m in seed funding

SINGAPORE-based transportation startup Beam has snagged US$6.4 million in seed funding to launch a shared mobility platform in Singapore and Asia, starting with e-scooters.

Pharma manufacturing in Singapore gets S$34m boost

A CONSORTIUM agreement valued at S$34 million was inked on Tuesday to drive the transformation of the local pharmaceutical manufacturing industry and to help it gear up for the future economy.

NUS commits up to S$2.5 million in seed-funding scholarship for enterprising undergraduates

THE National University of Singapore (NUS) has pledged to commit up to S$2.5 million in a new bond-free scholarship that will serve as seed funding for enterprising freshmen.

China Airbnb rival Xiaozhu.com raises nearly US$300m from Jack Ma fund

[BEIJING] Chinese short-term rental firm Xiaozhu.com said on Wednesday it has raised nearly US$300 million in a funding round led by Jack Ma's Yunfeng Capital, amid fierce competition from US...

Singapore maker of biodegradable straws secures US$13m funding

SINGAPORE - Biotech start-up RWDC Industries, which is based in Singapore, on Wednesday (Oct 10) said it has closed a US$13 million Series A2 round co-led by venture capital firms Vickers Venture...

Singapore restaurant solutions start-up TabSquare raises US$10m in Series B funding

SINGAPORE - Singapore-based restaurant solutions start-up TabSquare has raised US$10 million (S$13.8 million) in Series B funding led by Kakaku.com.

Pedigree names among One Championship's US$166m fund raising

SINGAPORE-BASED martial arts organisation, One Championship, has closed a US$166 million Series D financing round led by US venture capital firm Sequoia Capital.

VC, PE investments in S-E Asia trailing 2017's high base: SVCA

SOME US$5.8 billion in investments were made in South-east Asia by venture capital, private equity and corporate venture funds in the first eight months of this year, going by data released by the...

SoftBank nearing another US$500m investment in ride-hailing firm Grab: sources

[JAKARTA] SoftBank Group is nearing a deal to invest about US$500 million in Grab as part of roughly US$1 billion that Southeast Asia's biggest ride-hailing firm is seeking in its latest funding,...

 

 

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