Money

Insurtech startup CXA Group raises US$25m, expects to break even next year

INSURTECH startup CXA Group has raised US$25 million in a bridge funding round for its expansion in the Asia-Pacific.

UOB crowdfunding partner OurCrowd hits US$1b in fundraising in six years

OURCROWD, an Israel-based equity crowdfunding platform that counts UOB as its equity partner, has raised a total of US$1 billion for 170 companies and 18 funds in six years.

Grab takes in US$1.46b more to feed Super App ambition in SEA

RIDE-HAILING firm Grab has secured US$1.46 billion of fresh funding from the SoftBank Vision Fund, bringing the total investment in its latest ongoing financing round to over US$4.5 billion.

Quest Ventures raising two new funds totalling up to US$120m

VENTURE capital firm Quest Ventures is raising two funds - an open fund of US$50 million to US$100 million, and an impact fund of up to US$20 million - The Business Times has learnt.

Singapore fintech start-up Rely raises seven-figure pre-series A funding

SINGAPORE - Singapore fintech, Rely, has raised a seven-figure pre-series A funding led by commercial financier Goldbell Financial Services. Other investors include Singapore-based family office...

Temasek leads $115m funding round for medical firm

Medical start-up Gracell Biotechnologies has raised US$85 million (S$115 million) through a series B round led by investment firm Temasek.

Temasek leads US$85m investment round for gene therapy start-up Gracell Biotech

SINGAPORE - Immnune cell gene therapy start-up Gracell Biotechnologies has raised US$85 million (S$114.8 million) through a series B round led by Singapore government investment firm Temasek...

Tech-focused real estate start-up Echo Base backed by Razer CEO Tan Min-Liang announced

RAZER chief executive Tan Min-Liang is poised to shake up traditional real estate development with a new start-up he backed that aims to incorporate artificial intelligence, the Internet of things...

AI start-up ViSenze raises US$20m in Series C funding

SINGAPORE - ViSenze, a start-up that sells artificial intelligence (AI) technology to boost e-commerce, has raised US$20 million (S$27 million) in Series C funding. The funding round was co-led by...

BreadTalk buys out joint venture partner in Thailand for $6.96m

SINGAPORE - F&B chain BreadTalk has bought out its partner in a joint venture in Thailand, acquiring the remaining 50 per cent interest in the company that it does not own from The Minor Food...

 

 

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