Blockchain platform Zilliqa teams up with payments startup Xfers

BLOCKCHAIN tech firm Zilliqa, which is based in Singapore and London, has partnered payment solutions provider Xfers to implement distributed ledger technology in payments processing.

BT EXCLUSIVE: VENTURE FUNDS

Investor pressure drives regional venture funds to sustainability deals

SOUTH-EAST Asia's venture capital (VC) firms are increasingly burnishing their sustainability credentials to meet heightened demand from their investors.

Cleaner gold mining from breakthrough technology

CLEAN Mining, an Australian tech firm, has launched an ore processing technology that replaces the use of toxic chemical cyanide in gold mining. The patented technology acquired by Clean Mining was developed by Australia's government research agency Commonwealth Scientific and Industrial...

UOB Venture Management to launch second Asia impact fund

UOB Venture Management, the private equity unit of UOB, is expanding its impact investing efforts with the launch of its second Asia impact fund in the second half of this year.

Wavemaker Partners hits US$60m first close of US$100m SEA-focused fund, bags Temasek and IFC as investors

WAVEMAKER Partners, an early-stage venture fund focused on enterprise and deep tech startups, has hit a US$60 million first close of its US$100 million fund. Investors in the firm's third South-east Asia-focused fund include Temasek Holdings, Temasek-linked Pavilion Capital and the International...

Cybersecurity firm Group-IB opens global HQ in Singapore

GROUP-IB, an international company specialising in investigating and preventing cybercrime, has officially opened its global headquarters in Singapore. It was previously based in Moscow, Russia.

Australia firm's breakthrough technology eliminates cyanide from gold mining

CLEAN Mining, an Australian tech firm, has launched an ore processing technology that replaces the use of toxic chemical cyanide in gold mining. The patented technology acquired by Clean Mining was developed by Australia's government research agency Commonwealth Scientific and Industrial...

STARTUPS

Expansion of microalgae production to improve Singapore's food security

LOCAL agritech startup Life3 Biotech and Temasek Polytechnic have joined forces in an effort to improve Singapore's food and nutrition security.

THE THESIS

Monk's Hill watches cyber security with eye of the tiger

THE cyber security challenge for South-east Asia's vast sea of small and medium-sized enterprises (SMEs) is a deep-seated lack of both resources and know-how in the field, says Monk's Hill Ventures' co-founder and managing partner Lim Kuo-Yi.

STARTUPS

More interest in agrifoodtech as VCs warm up to impact investing

SECTOR-AGNOSTIC venture capital (VC) firms are getting more interested in impact investing, said panelists at the Future Food Asia conference, which explored challenges and opportunities in Asia's agriculture and food space.

Female-powered angel network she1K makes first investment in drone startup

SINGAPORE-BASED corporate executive women network she1k has made an undisclosed investment in drone startup Performance Rotors, its first since its inception in November last year.

Far from game over: From boom to bust to boom again, bubble tea is back in business

A FEW rounds of interviews, a 150-page business proposal, a two-week bootcamp and a practical test spanning six hours. It took Charlie Tan all this, and more, to finally clinch the highly coveted chance to operate Taiwanese bubble tea chain The Alley in Singapore. 

BT EXCLUSIVE

As unicorns emerge, angels gather for the hunt

THE emergence of South-east Asian "unicorns" has fuelled a wave of angel investing clubs in Singapore that cater to wealthy individuals hoping to capture their own magical startup.

Govt infocomm-tech tenders worth billions open to SMEs

THE government will award between S$2.5 billion and S$2.7 billion worth of info-communications and technology (ICT) contracts in FY2019, which runs from April 2019 to March 2020.

Indonesian agritech startup TaniGroup raises US$10m in Series A round

INDONESIAN agritech startup TaniGroup has raised US$10 million in a Series A round led by Openspace Ventures, with participation from Intudo Ventures, Golden Gate Ventures, and The DFS Lab, a fintech accelerator funded by the Bill and Melinda Gates Foundation.

Singapore government to award up to S$2.7b worth of ICT contracts by March 2020

THE government will award an estimated S$2.5 billion to S$2.7 billion worth of info-communications and technology (ICT) contracts in FY2019, which lasts from April 2019 to March 2020.

Ascendas-Singbridge to launch urban solutions co-innovation lab

ASCENDAS-SINGBRIDGE Group (ASB), which is being acquired by CapitaLand, is developing a co-innovation lab to support at least 30 projects in smart urban solutions. It is slated to be launched later this year within Singapore Science Park.

Ascendas-Singbridge to launch co-innovation lab for urban solutions, supported by IMDA and ESG

ASCENDAS-SINGBRIDGE Group (ASB), which is being acquired by CapitaLand, is developing a co-innovation lab to support at least 30 projects in smart urban solutions. It is slated to be launched later this year within Singapore Science Park.

ECHELON ASIA SUMMIT

Asia 'becoming a hub for transformation in healthcare'

ASIA is increasingly becoming the centre of healthcare transformation because of its ability to leapfrog legacy systems, but, that said, medtech entrepreneurs should be prepared to be in it for the long haul and not cut corners, speakers at the Echelon Asia Summit 2019 said on Friday.

Opportunities in Asia to leapfrog legacy healthcare systems, but no shortcuts for entrepreneurs

ASIA is increasingly becoming the centre of healthcare transformation due to its ability to leapfrog legacy systems. That said, medtech entrepreneurs should not cut corners but be prepared to be in for the long haul, speakers at the Echelon Asia Summit 2019 said on Friday.

Household services marketplace Ovvy raises S$600,000 in seed funding

OVVY, an online marketplace for household services, has raised S$600,000 in seed funding from Rapzo Capital, a family-funded investment company based in Singapore that invests in early-stage startups.

Indonesian unicorn teams up with Singapore logistics startup

INDONESIAN unicorn Bukalapak is partnering Singapore startup Janio for cross-border logistics as it prepares to go global. The e-commerce player is also in talks with Singapore's Economic Development Board to potentially open an office in the country, co-founder Fajrin Rasyid told The Business...

Indonesian e-commerce unicorn kickstarts global expansion

INDONESIAN unicorn Bukalapak has embarked on the international expansion of its e-commerce business.

Weak market conditions crimp private equity exits in 2018

PRIVATE equity, including venture capital, in South-east Asia faced its toughest year for exits in a decade last year, with weak market conditions dampening the appetite for initial public offerings (IPOs) and trade deals.

Weak exits hung over private equity market in 2018: Bain report

PRIVATE equity in South-east Asia faced its toughest year for exits in a decade last year, with weak market conditions dampening the appetite for initial public offerings (IPOs) and trade deals.