Money

Singapore-backed AI startup Taiger wins US$25m from investors

[HONG KONG] Taiger, a Singapore-backed artificial intelligence (AI) startup whose clients include Bank of America, AIA Group and Banco Santander, has raised US$25 million of funding for its...

China's venture capital boom shows signs of turning into a bust

CHINA went through a five-year surge in venture capital (VC) investment that fostered a new generation of startups from ride-hailing giant Didi Chuxing to TikTok-parent Bytedance Ltd. Now the boom...

Chinese tech company seeks US$500m to prepare for tough times

[HONG KONG] Tencent Holdings Ltd.-backed grocery delivery startup Missfresh is seeking up to US$500 million of new funding to help tide it over tougher times, according to people familiar with the...

Asia leads global VC arena with US$129b in deals for 2018: Preqin

ASIA surpassed North America in Venture Capital (VC) deals in 2018, recording US$129 billion worth of deals for the year, as opposed to North America's US$113 billion, a report by alternative...

Chinese unicorns made Asia world's most active VC market in 2018: Preqin

ASIA has surpassed North America in venture capital (VC) deals in 2018, recording US$129 billion worth of deals for the year, as opposed to North America’s US$113 billion, indicates a report by...

Centurium Capital raises over $2.7b from GIC, Temasek, among others

HONG KONG • China's Centurium Capital, a big backer of domestic start-up Luckin Coffee, said it has raised more than US$2 billion (S$2.7 billion) in its debut fund, giving the private equity firm...

Blockchain accelerator facilitates raising of S$17m

GOVERNMENT-backed blockchain accelerator Tribe has opened the door to S$16.8 million worth of funds for its inaugural cohort of 10 companies, through its ecosystem of corporate and investor...

Singapore-based GoComet raises $3m in Series A funding

SINGAPORE - GoComet, a freight quote comparison platform, has raised $3 million in a Series A funding round led venture capital firm Leo Capital, alongside new investors SGInnovate and AugustOne...

Razer eyes digital-bank licence in Singapore

RAZER said it is considering applying for a digital-bank licence in Singapore, after the Monetary Authority of Singapore (MAS) on Friday night announced its intention to issue up to five new licences...

S-E Asia venture playground still has room for new entrants: VCs

EVEN with the influx of venture money into South-east Asia, the funding scene here still has key gaps that offer opportunities for both incumbents and new entrants, said venture capitalists who spoke...

 

 

Events

9 Dec 2019 - 09:30 to 13 Dec 2019 - 12:30