Venture firm Cocoon Capital raises $30m for 2nd tech start-up fund

SINGAPORE - Singapore-based venture firm Cocoon Capital has raised $30 million for its second fund to aid enterprise tech start-ups in South-east Asia.

Turning talent into impact

THE business of investing in startups is complex. Sure, venture capitalists would tell you to bet on disruptive companies with high growth potential and outstanding founders.

Go West: Tech firms in Singapore setting up bases in south-western corridor

IN the last seven months, two of South-east Asia's best-known unicorns announced expansion plans with new addresses in the same neighbourhood.

Cathay Financial, Indovina Bank, Finaxar tie-up to improve SME financing in Vietnam

VIETNAM’S small and medium enterprises (SMEs) can now access up to 500 million dong (S$29,220) in funds online, under a new cross-border partnership to improve access to SME financing.

US cloud provider 8x8 buys Singapore’s Wavecell for US$125m in cash, stock

WAVECELL, a privately held communications platform-as-a-service (CPaaS) provider based in Singapore, has been acquired by New York-listed 8x8 for around US$125 million in cash and stock, marking...

Is Singapore's venture capital funding starting to decline?

THE year 2019 has been a big one for initial public offerings (IPOs), with Uber, Lyft, Pinterest and Slack receiving some of the highest valuations. But these big IPOs have distracted the media...

Tickled Media raises up to US$30m in Series C funding; sets eyes on Africa expansion

TICKLED Media, the startup behind parenting portal theAsianparent, is now eyeing the African parent community with the backing of Chinese corporate giants Fosun International and

Go-Jek snags investment from Thailand's largest lender

[SINGAPORE] Ride-hailing giant Go-Jek has secured an investment from Siam Commercial Bank, the Thai lender that counts King Maha Vajiralongkorn as its biggest shareholder, according to people...

Datapulse taking 5% stake in Bay Hotel Singapore for $12.1m

Datapulse Technology is buying a 5 per cent stake in Bay Hotel Singapore for about $12.1 million, the disk producer said.

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...