Singapore
Platinum to buy Singapore electronics industry supplier
US private equity firm Platinum Equity has agreed to acquire Fischer Tech, a Singapore-based components manufacturer for the electronics industry.
Singapore tech group launches $150m VC fund, incubator
Singapore-based industrial technology company ST Engineering has launched a $150 million venture capital unit and associated start-up incubator.
Sequoia, Mission back Singapore's One Championship
One Championship, a Singapore-based mixed martial arts (MMA) organization, has secured a new funding round led by Sequoia Capital India and Mission Holdings – an investment vehicle owned by billionaire Saurabh Mittal.
Corporate VC offers unique benefits in Southeast Asia – AVCJ Forum
Corporate venture capital investment can fill an important niche in supporting Southeast Asia’s start-up ecosystem, industry participants told the AVCJ Singapore Forum.
Bank sell-downs drive Asia credit opportunities – AVCJ Forum
As banks look to reduce their exposure to Asian non-performing loans (NPLs), private lenders that can offer more flexibility on terms are seeing increased opportunities for investment, industry professionals told the AVCJ Singapore Forum.
Deal focus: Naked Hub scales up for WeWork challenge
Asian co-working space operators Naked Hub and JustCo have decided to join forces to fend off competition from WeWork, a US-based sector leader now encroaching on the regional market. As a joint expansion program rolls out, pricing control will be a key...
IoT in Asia: Things to come
A number of political factors have positioned Asia Pacific to be a global leader in internet-of-things development. Investors must now navigate an unwieldy field of technologies, markets and social drivers
Singapore's Spring Seeds to invest $73m in tech start-ups
Singapore-government backed Spring Seeds Capital has committed S$100 million ($73 million) to an investment program targeting domestic start-ups developing high-end technology.
Asian space debris start-up gets $25m Series C
Astroscale, a Singapore-based satellite technology company focused on removing hazardous debris from orbit, has raised a $25 million Series C round with participation from a number of Japanese venture firms.
Singapore's GLP accepts $11.5b Hopu, Hillhouse-backed buyout offer
Singapore-listed warehouse operator Global Logistic Properties (GLP) has accepted a buyout offer from a consortium including Hopu Investment and Hillhouse Capital that values the company at S$15.9 billion ($11.5 billion).
Financial institutions and fintech: Bouncing checks
Southeast Asia’s traditional banks have begun to take a strong interest in the financial technology environment, but their early-stage involvement in the ecosystem is still tentative
Singapore's BeMyGuest raises $8.4m Series A round
Singapore’s Raffles Venture Partners has led a Series A funding round for domestic travel start-up BeMyGuest that brings the company’s total equity funding to S$11.5 million ($8.4 million).
PE in Southeast Asia: Buyout blues
Private equity interest in Southeast Asia has yet to translate into a significant number of buyout deals. The region's sturdy economic fundamentals may prolong the stagnation
Singapore university launches student venture fund
Singapore Management University (SMU) has partnered with Kairos ASEAN to launch a venture capital fund run by and for university students.
Quadria invests Singapore, Vietnam hospitals
Healthcare-focused private equity firm Quadria Capital has acquired stakes in Singapore medical center operator MWH Holdings and Vietnam’s FV Hospital.
Temasek sees portfolio hit record high of $199b
Temasek Holdings saw its portfolio hit a record high of S$275 billion ($199 billion) for the 12 months ended March, but the Singapore government-controlled investment fund warned that the global economy is still plagued by uncertainties.
Singapore accelerators: Searching for sustainability
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
Q&A: Singapore Exchange's Mohamed Nasser Ismail
The Singapore Exchange (SGX) has announced several initiatives aimed at supporting technology start-ups. Mohamed Nasser Ismail, head of equity capital markets (SME), explains why a more active role is necessary
GIC posts weakest return in eight years, warns of uncertainty ahead
GIC Private warned of years of uncertainty ahead as the Singapore sovereign wealth fund announced its weakest investment performance since the global financial crisis.
VCs back $26m investment in Singapore blockchain player
Several venture capital firms have backed a $26 million investment in Funfair, a Singapore-based company that uses blockchain technology to operate an online cryptocurrency casino.
GSR leads $13m round for Singapore's InstaRem
GSR Ventures has led a $13 million Series B funding round for Singapore-based financial technology start-up InstaRem.
Singapore's GIC buys 30% stake in Mergermarket
Singapore’s GIC Private has acquired an approximately 30% stake in Mergermarket Group – AVCJ’s parent company – from BC Partners. The size of the transaction was not disclosed.
VC-backed gaming company Razer files for Hong Kong IPO
Razer, a manufacturer of gaming peripherals such as headphones, joypads and mice, has filed for a Hong Kong IPO. The company, which was co-founded by a Singaporean but is based in the US, has numerous venture capital backers.
Pierfront invests $30m in Singapore shipping group
Singapore-based alternative credit investor Pierfront Capital has completed a $30 million investment in domestic shipping services company KNOT Offshore Partners.