The flood of new arrivals in Singapore’s accelerator space means there are often too many groups chasing relatively few high-quality start-ups. Diversification and specialization is the key to survival
“I think this game has been won,” says Anne Marie Droste, a director with Entrepreneur First, a self-styled company builder that recently expanded into Singapore with a view to turning local deep technology...
Space Cycle, a boutique fitness studio chain operating in mainland China and Taiwan, has raised a RMB100 million ($15.6 million) Series B round of funding led by Alibaba Taiwan Entrepreneurs Fund.
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
SBI Investment, the VC arm of Japan’s SBI Holdings, has launched a JPY50 billion ($450 million) fund that will focus on artificial intelligence (AI) and blockchain technology.
Singapore’s Temasek Holdings has led a Series C round of undisclosed size for Rokid, a Chinese artificial intelligence (AI) developer focused on home automation devices.