Singapore

Market research platform Milieu Insight raises $2.4 million to launch in more Southeast Asian countries

Milieu Insight, a Singapore-based market research and data platform, announced today that it has raised $2.4 million in pre-A funding. The round, led by MassMutual Ventures Southeast Asia, will be use

Revolut launches publicly in Singapore, signs deal with Mastercard

London-based fintech startup Revolut has two pieces of news to announce this week. First, Revolut is expanding to Singapore after a long beta period. The company already has 30,000 customers there and

Gojek founder and CEO Nadiem Makarim resigns to join Indonesian cabinet; Soelistyo and Aluwi to be new co-CEOs

Nadiem Makarim, founder and CEO of Gojek, said on Monday he has stepped down from his role at the ride-hailing startup to join Indonesia president Joko Widodo’s cabinet. The announcement, which has

Dyson kills its electric car project and turns to solid-state batteries

Dyson said it will end its electric vehicle project after determining it could not make the car commercially viable or find a buyer. The company, known for its high-tech vacuum cleaners and fans, said

Southeast Asian real estate portal 99.co agrees to joint venture with iProperty, as their rival PropertyGuru prepares for IPO

Southeast Asian real estate portal 99.co has agreed to form a joint venture with iProperty. As part of the deal, iProperty owner REA Group will invest $8 million of working capital into the venture, e

Fractional home ownership startup Divvy raises $43m series B to build a path from rent to purchase

There is no more important savings asset for most American families than owning a home, but the dream of ownership has turned into a nightmare. Homeownership, which peaked in 2004 at around 70%, hit i

Honestbee owes almost $1 million in unpaid salary to employees, according to affidavit filed by its CEO

Honestbee, the Singapore-based grocery delivery startup that has been struggling with financial issues, owes 217 employees a total of almost USD $1 million in unpaid salary. The Strait Times reported

Cybersecurity company Acronis hits unicorn status after raising $147 million led by Goldman Sachs

Cybersecurity solutions provider Acronis announced today that it has raised $147 million in funding led by Goldman Sachs, bringing it to unicorn status. The company did not disclose its valuation, but

Reefknot Investments launches $50 million fund to invest in logistics and supply chain startups

Reefknot Investments, a joint venture between Temasek, Singapore’s sovereign fund, and global logistics company Kuehne + Nagel, announced today the launch of a $50 million fund for logistics and sup

Elliptic banks $23M to shrink crypto risk, eyeing growth in Asia

Crypto means risk. To UK company Elliptic it also means business. The startup has just closed a $23M Series B to step up growth for a crypto risk-management play that involves selling tech and service

Volocopter’s 2X eVTOL records a first with flight at Helsinki International Airport

The Volocopter 2X air taxi vehicle is now the first electric vertical take-off and landing (eVTOL) craft to fly at an international airport, fully integrated into the same airspace as other commercial

Volocopter reveals its first commercial aircraft, the VoloCity air taxi

It’s a race to the skies in terms of which company actually deploys an on-demand air taxi service based around electric vertical take-off and landing aircraft. For its part, German startup Voloc

Shell’s first Greenlots electric vehicle fast charger lands in Singapore

Royal Dutch Shell, the energy giant known for its fossil fuel production and hundreds of Shell gas stations, is creeping into the electric vehicle-power business. The company’s first DC fast cha

TransferWise’s debit card launches in Australia and New Zealand, with Singapore to follow

International money transfer startup TransferWise’s debit card is now available in Australia and New Zealand, with a Singapore launch expected by the end of this year as the company expands its pres

Facebook sues two app developers for click injection ad fraud

Facebook has filed lawsuits against two app developers accused of generating fraudulent revenue using the social media giant’s advertising platform. The company announced the legal action in a b

Aspire raises $32.5M to help SMEs secure fast finance in Southeast Asia

Aspire, a Singapore-based startup that helps SMEs secure working capital, has raised $32.5 million in a new financing round to expand its presence in several Southeast Asian markets. The Series A roun

Impossible Foods goes to the grocery store

After receiving approval from the Food and Drug Administration, Impossible Foods has cleared the last regulatory hurdle it faced to rolling out in grocery stores. The company is targeting a September

SoftBank pumps $2B into Indonesia through Grab investment, putting it head to head with Gojek

Grab — the on-demand transportation app worth $14 billion that is the Uber of Southeast Asia — today announced how it would be using some of the $7 billion or so that it has raised to date

Cities must plan ahead for innovation without leaving people behind

Without a doubt, the city of the future must be digital. It must be smart. It must work for everyone.

Southeast Asian cloud communications platform Wavecell acquired by 8×8 in deal worth $125 million

Wavecell, a cloud-communications platform for companies in Southeast Asia, announced today that it has been acquired by 8×8 in a deal worth about $125 million. The acquisition will help San Jose,
Load More