EDBI
Singapore's Zimplistic gets $30m Series C round
Singapore-based household automation technology developer Zimplistic has raised a $30 million Series C funding round led by Credence Partners and EDBI.
EDBI joins $100m Series B for flying taxi start-up
Singapore’s EDBI has joined a group of venture investors in a $200 million Series B round for US-based Joby Aviation, a developer of electric vertical take-off and landing (eVTOL) aircraft envisioned for use as taxis.
Asia VCs invest $10m in US-Singapore biotech player
A group of VCs led by China’s 6 Dimensions Capital and Sino-US investor Danhua Capital (DHVC) has committed $10 million to US and Singapore-based Engine Biosciences.
Temasek leads $80m round for Singapore biopharma player
Singapore’s Temasek Holdings has led an $80 million funding round for domestic biopharmaceutical company Tessa Therapeutics with support from a number of venture and growth capital investors.
Delphi acquires Singapore-focused NuTonomy for $450m
US-based automotive technology developer Delphi Automotive has acquired Singapore-focused VC-backed driverless car start-up NuTonomy for $450 million.
Asian GPs back $502m round for US-based Magic Leap
Singapore-based EDBI and Temasek Holdings have joined a $502 million Series D funding round for US virtual reality (VR) and augmented reality (AR) technology provider Magic Leap.
PE and AI: The machinists
After decades of tantalizing but patchy progress, artificial intelligence is finally seen as ready for mass commercialization. Investors must now weigh an unmissable opportunity with a world of uncertainty
Singapore’s EDBI in $33m round for Taiwan AI player
Singapore-based EDBI has joined a $33 million Series C round for Taiwanese artificial intelligence (AI) company Appier. It brings the company’s total funding to date to $82 million.
EDBI joins $133m round for Malaysia's Iflix
Singapore’s EDBI has joined a $133 million funding round led by US conglomerate Hearst Media for Iflix, a Malaysia-based video streaming service with a similar business model to Netflix.
Hewlett Packard Enterprise to launch Singapore incubator
Hewlett Packard Enterprise (HPE) will launch an incubator program in collaboration with Singapore’s Economic Development Board (EDB) as part of plans to invest $140 million in the city state over the next five years.
PE and smart manufacturing: Intelligent designs
The emergence of internet-connected manufacturing has created a new investment area that will impact adjacent sectors and even entire economies for decades to come. PE is among the early movers
EDBI, Philips launch Singapore health tech investment platform
Singapore’s EDBI and Philips have formally launched an Asia-focused investment platform that targets companies in digital healthcare services.
Deal focus: CXA flexes health muscles
Singapore's CXA raises $25 million in Series B funding to build out its benefits model that helps both companies and employees fight their healthcare battles more efficiently
VCs commit $60m to US VR firm for Asia push
Several Asian VC investors have joined a $60 million Series D round for US-based virtual reality (VR) and digital cinematography technology developer Lytro to support its expansion into Asia.
Singapore's CXA raises $25m Series B round
The investment arm of Singapore's Economic Development Board (EDBI) and B Capital Group have led a $25 million Series B funding round for Singaporean health technology start-up CXA Group.
EDBI in $40m round for US-based Shape
EDBI, the corporate VCs arm of Singapore's Economic Development Board, has joined a $40 million Series D round for Shape Security, a US-based provider of online security technology.
Sequoia leads $51m round for Indian data security firm Druva
Sequoia Capital has led a $51 million funding round for Indian cloud data security and information management solutions provider Druva.
Singapore's EDBI invests US analytics player RetailNext
The investment arm of Singapore's Economic Development Board (EDBI) has made an undisclosed commitment to an Asia Pacific expansion drive by US-based analytics company RetailNext.
Temasek leads $105m round for Sprinklr
Singapore’s Temasek Holdings has led a $105 million Series F round of funding in Sprinklr, a US-based social media company targeting growth in Asia Pacific.
Chinese strategic to buy VC-backed US marketing platform
Spearhead Integrated Marketing Communication Group, a Beijing-based offline marketing service provider, will buy Smaato, a California-based mobile ad exchange backed by Singapore's EDB Investments (EDBI) and Singapore Press Holdings.
Deal focus: VCs find inroad where giants prevail
A group of VCs are aiming to leverage an encouraging outlook for the autonomous vehicle industry by funding a Singapore-focused start-up that is offering significant competition to the major corporates that dominate this space
Highland leads $16m round for NuTonomy’s Singapore push
Highland Capital Partners has led a $16 million Series A investment in NuTonomy, a US tech developer aiming to commercialize a driverless taxi fleet in Singapore by 2018.
Lightstone Ventures raises $50m Singapore fund
Lightstone Ventures has closed a $50 million fund aimed at investments in Singapore-based companies in the life-science sector.
Singapore government joins Coursera's Series C
EDBI, the corporate investment arm of the Singapore Economic Development Board, has joined a Series C round of funding for US-based online education provider Coursera.