Short of IT workers at home, Israeli startups recruit elsewhere

[TEL AVIV] When Alexey Chalimov founded software design firm Eastern Peak in Israel four years ago he knew he would not find the developers he needed at home.

Millennial entrepreneurs take on ageing

ARMED with tech-savviness and passion, a growing number of millennials are taking the leap into the eldercare sector, gamely tackling the challenges of an ageing population with innovation and...

Singapore firms see silver lining in eldercare industry

AS Singapore strives towards its Smart Nation vision, it cannot escape the fact that it is also an ageing society.

Simpler rules to draw more venture capital managers

The booming venture capital industry here is set to grow further in the coming months as new rules kick in to allow start-ups easier access to funding.

Gaming company Razer ventures into e-payments

RAZER - a Singaporean-founded gaming hardware company said to be valued at nearly US$2 billion - has acquired a minority stake in Malaysia's e-payments platform MOL Global, and appointed the...

Startups to watch: Shopmatic, Element AI, Pay2Home and more

Shopmatic raises $5.7m in funding

Cycling startup takes on the US

Bicycle sharing has taken Singapore by storm but in the US it is stuck in first gear. Three Singaporeans are aiming to change that and have started a firm looking to take on the US market. Derrick...

Lai Shanru of ShopBack, on turning an idea into reality

Block 71 may not have the same global cachet as say, Area 51 or even Taipei 101, but this non-descript building in Ayer Rajah Crescent lies at the centre of Singapore's burgeoning start-up scene...

UK to step up support for start-ups, infrastructure ahead of EU exit

[LONDON] The British government will step up the level of financial support it provides to everything from small start-ups to major infrastructure projects in a bid to help the economy as the country...

Canadian AI firm raises US$102m in funding, to open SEA hub in Singapore

ARTIFICIAL intelligence (AI) company Element AI said on Thursday that it has raised US$102 million in Series A funding, believed to be the largest amount for an AI company to-date.