Startups

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.

Singapore-based ride-hailing app TADA enters Vietnam

TADA, the blockchain-based ride-hailing app based in Singapore, launched in Vietnam on Monday - less than a week after opening in Cambodia.

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...

Insurers tap startup platforms to open new distribution channels

LURED by the promise of a large user base and a well of data to tap, insurance companies are tying up with non-insurtech digital platforms to open up a new distribution channel for their products.

Grab in JV with China's ZhongAn to distribute insurance products in South-east Asia

HOPING to tap a fast-growing market, Grab has entered into a joint venture (JV) with a subsidiary of Chinese Internet-based insurer ZhongAn Online P&C Insurance Co to create a digital platform to...

How can South-east Asia produce more unicorns?

FUELLED by talented and experienced entrepreneurs, South-east Asia is fast becoming a leading innovation destination. While the US fell out of the top 10 in the 2018 Bloomberg Innovation Index,...

Best World investing in A*star biomedical spin-off Celligenics

SINGAPORE - Best World International is investing in A*Star spin-off Celligenics through a share subscription that will see it taking up at least a 12.5 per cent stake in the biomedical start-up...

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...

Indonesia prepares regulations to fix ride-hailing rates

INDONESIA is preparing to launch regulations fixing the rates drivers and riders for ride-hailing services such as Grab and Gojek receive, two government officials said this week, creating potential...