Singapore-based start-up Trax acquires US retail rewards app Shopkick

SINGAPORE (BLOOMBERG) - Singapore-based start-up Trax is acquiring US rewards app Shopkick, adding a customer-tracking service to its growing stable of retail technology.

Show me the money: What's wrong with the startups picture?

Not so long ago, investors would have frowned on a company headed for the stock market with no profitability – and no clear sight of future profits – to show.

Most startup businesses are doomed

I USED to have a 1907 photography annual that carried ads for cameras made by hundreds of small British companies. Not many of those nascent tech businesses survived, even if their products were...

Singapore VC BlueRed Partners leads US$22m Series B round in sugar reduction startup DouxMatok

LOCAL venture capital firm BlueRed Partners has led a US$22 million Series B funding round in Israel-based sugar reduction solution startup DouxMatok.

Ex-president of Sea Ltd launches private equity firm to back South-east Asia start-ups

SINGAPORE (REUTERS) Nicholas Nash, the former president of Singapore-based online gaming and e-commerce company Sea Ltd, has launched a private equity firm - Asia Partners - to invest in South-...

Funding and trading platform Funderbeam raises $6.1m in Series A round

SINGAPORE - Funderbeam, a global funding and trading platform for private companies, has raised US$4.5 million ($6.1 million) in a Series A round, led by UK-based Accelerated Digital Ventures.

SGInnovate in tie-up to boost quantum tech

Deep tech development company SGInnovate is partnering a unit at the National University of Singapore to promote quantum technology here.

Singapore firm makes rapid test kit for flu

A Singapore company believes it has moved a step nearer eliminating deaths due to complications from influenza by developing an on-the-spot test which it claims is more accurate than those...

Accelerating Asia launches startup accelerator for Asean sustainable city development

ACCELERATING Asia, a network of startup programmes and an early-stage venture capital fund, has partnered the Australia government to develop a Singapore-based startup accelerator programme...

SGX to boost derivatives, target South-east Asia unicorns: CEO

SINGAPORE - The Singapore Exchange (SGX) aims to add products to its lucrative derivatives business and offer South-east Asian unicorns a platform to list shares and bonds, in a multi-asset...

8 promising Australia startups to be based in Singapore under Austrade initiative

THE Australian Trade and Investment Commission (Austrade) has unveiled its latest batch of eight startups across the fields of cybersecurity, fintech and HR-tech under its Landing Pad initiative....