Categories Singapore

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New venture firm The-Wolfpack takes a fresh approach to D2C startups

The-Wolfpack’s co-founders, Toh Jin Wei, Tan Kok Chin and Simon Nichols (Image Credit: The-Wolfpack) The COVID-19 pandemic has hit the consumer, leisure and media companies hard, but a new venture firm called The-Wolfpack is still very upbeat on those sectors. Based in Singapore, the firm was founded by former managing […]

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Lanturn, a Singaporean tech-enabled corporate services provider, raises $3 million seed round

Running a small to medium-sized business means a small staff needs to juggle a plethora of tasks, like bookkeeping, tax records and regulatory filings. Singaporean startup Lanturn streamlines their workload with a combination of corporate services and an internal platform that helps automate administrative work. Lanturn announced today that it […]

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The roadmap to startup consolidation in Southeast Asia is becoming clearer

While Southeast Asia’s startup ecosystems are still young compared to those in China or India, it has matured over the last five years. Unicorns like Grab, Gojek and Garena are continuing to grow, and more competitive startups are emerging in sectors like fintech, e-commerce and logistics. That leads to the […]

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Lightspeed announces the launch of its Southeast Asia operations

Lightspeed’s Southeast Asia team: Akshay Bhushan, Marsha Sugana, Pinn Lawjindakul and Bejul Somaia Lightspeed Venture Partners announced the launch of its Southeast Asia operations today. Based out of the firm’s new regional headquarters in Singapore, Lightspeed’s team there will invest in startups throughout Southeast Asia from the three global funds […]

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Singapore’s trade finance startup Incomlend raises $20M led by Sequoia Capital India

Incomlend, a Singapore-headquartered startup that operates a trading platform to connect exporters and importers with investors, has raised $20 million in a new financing round, it said on Tuesday. Sequoia India, the India and SEA investment arm of the storied U.S. headquartered venture firm, led the Series A round in […]

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Grab launches new consumer financial services, including micro-investments and loans

Grab announced today that its financial unit, which previously focused mainly on services for entrepreneurs and small businesses, is launching a slew of consumer products, including micro-investments, loans, health insurance and a pay-later program. Based in Singapore, Grab began in 2012 as a ride-hailing company before expanding into on-demand deliveries […]

Future Fields is tackling cultured meat’s biggest problem

One possible solution to cellular agriculture’s biggest problem — how to develop a cheap, humane, growth material for cultured meat — may have come from a conversation in line at a Tim Hortons in Alberta. The husband and wife duo of Matt and Jalene Anderson-Baron were waiting for Timbits and […]

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Singapore-based marketing SaaS startup Insider gets $32 million to enter the US

Insider, a Singapore-based startup that develops software to help clients make marketing decisions, plans to launch in the United States after raising a $32 million Series C. The round was led by Riverwood Capital, with participation from Sequoia India, Wamda and Endeavor Catalyst. Founded in 2012, the company says its […]

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US plans to rollback special status may erode Hong Kong’s startup ecosystem

For two months, the people of Hong Kong waited in suspense after China’s legislature approved a new national security law. The legislation’s details were finally made public yesterday and almost immediately went into effect. As many Hong Kong residents feared, the broadly written new law gives Beijing extensive authority over […]

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GoBear raises $17 million to expand its consumer financial services for Asian markets

Singapore-based fintech startup GoBear has raised $17 million from returning investors Walvis Participaties, a Dutch venture capital firm, and Aegon N.V., a life insurance and asset management provider. The funding brings GoBear’s total funding so far to $97 million, and will be used to expand its consumer financial services platform, […]