Money

Alchemy raises S$2.5m in pre-Series A funding, sets up foodtech lab

LOCAL startup Alchemy Foodtech has raised S$2.5 million in its pre-Series A round, co-led by Heritas Capital Management and SEEDS Capital, the venture arm of Enterprise Singapore.

NUS to invest S$1.5 million to co-create 15 deep-tech startups

THE National University of Singapore (NUS) will invest up to S$1.5 million to help 15 teams of graduate students, post-doctoral fellows and research staff establish their own deep-tech start-ups...

Event planning platform Delegate raises US$1m in pre-Series A round

SINGAPORE online event planning platform Delegate has closed a US$1 million pre-series A funding round. The round was led by a Singapore-based family office and the ex-pioneer team of Zopim, a...

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...

 

 

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