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ezCarter bagged $150 million Series B

ezCarter, an online catering marketplace, has closed $150 million deal in Series D-1 round led by Singapore wealth fund GIC and US venture capital firm Lightspeed Venture Partners. Other participants include, Light Street Capital, existing investors Wellington Management Company LLP, ICONIQ Capital, Insight Partners, Quadrille Capital, and others.
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Oxfordcaps raises $8 million

Oxfordcaps, Singapore based student housing platform, has raised $8 million in Series A funding round led by Times Internet, a subsidiary of Indian Media House Benett Coleman and Co. Ltd. Other participants included existing investors Kalaari Capital and 500 startups. Earlier, it secured seed funding from 500 Startups and ReadyVentures on December 2017.
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SCA launches Accelerator

Supply Chain Asia, Singapore's non-profit professional body, has initiated SCA-TAP, tech accelerator programme, to inspire innovation in the supply chain industry. The application is open for companies who are less than 5 years old and want to build a flexible and sustainable business model.
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iVideoSmart raises $4.5 million

iVideoSmart, a Singapore based video publishing startup, has raised $4.5 million in Series A+ funding round led by Kickstart Ventures, Philippine based venture capital firm. Other participants included Darwin Ventures, SGInnovate, and existing investors Monk’s Hill Ventures and EE Capital which took the total funding round to $8 million. Founded in 2016, IVS is one of the largest video publishing platforms
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FireVisor raises $1 million Seed Funding

FireVisor, Singapore based AI Startup, raised nearly $1 million in seed funding round from 500 Startups Durians II Fund and Acequia Capital. SGI and Entrepreneur First also participated in the round. Launched in 2018 by Surbhi Krishna Singh and Long Hoang, FireVisor has built a machine learning-enabled analytics platform that connects to data sources in the manufacturing plant and performs engineering failure
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Tookitaki raises $7.5 million from Jungle Ventures

Tookitaki, a Singapore and India based data intelligence company, has bagged $7.5 million in Series A round led by Illuminate Financial, a London based early stage fintech investor. Other participants included existing investors Jungle Ventures, Enterprise Singapore, Supply Chain Angels, VWX Capital and some senior banking executives. Tookitaki provides enterprise software solutions to enable sustainable regulatory compliance programs in financial services
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BCA to invest $4.4 million to launch accelerator

The Building and Construction Authority, a Singapore Government Body, has plans to invest $4.4 million to launch an Accelerator Programme with the purpose of commercializing startups. The Built Environment Accelerate to Market Programme (BEAMP) will be supported by Enterprise Singapore which will connect startups to companies in that sector and JTC Corporation which will offer selected buildings and estates to validate
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BIGO to invest $100 million in India

BIGO Technology, a Singapore based internet company, is planning to expand its operations to India as well as investing around $100 million in India. It currently has its existence in Southeast Asia with live streaming platform BIGO live and video editing and sharing platform LIKE. With its footstep in India, BIGO will have 20 regional offices and 4 regional centres by
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Cancer

Singapore startup, Ark, gets funding to ‘eliminate late-stage cancer’

After eight years in development, a Singapore startup is preparing to launch its cancer-testing kits. The team’s vision, says co-CEO Dr. Zhou Lihan, is “a world without late-stage cancer.”
“Late diagnosis is really why the prognosis of cancer patients are so poor today,” explains Zhou. He adds that for many cancers, “if they are discovered at the early stage, the five-year
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Grab

Grab, NUS trial e-scooter sharing service, GrabWheels

A three-month trial has begun for Grab's e-scooter sharing service GrabWheels at the National University of Singapore's (NUS) Kent Ridge campus. E-scooters have been deployed across eight parking stations on campus in the pilot, which sees the new GrabWheels service being tested for the first time in Singapore, Grab said in a joint news release with NUS on Friday (Nov 23). The number
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Wework

New age WeWork Labs will not take equity in exchange for mentorship

With the goal of helping early-stage entrepreneurs move into the next stage of their startup journey, WeWork officially launched its ‘Labs’ programme in Singapore today, marking its first foray into Southeast Asia. The programme — which cannot be compared to an accelerator or incubator — is a for-pay programme that does not take any equity and works like a bespoke
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Kucoin

SG-based crypto platform KuCoin secures $20M funding from IDG, Matrix Partners

Singapore-based cryptocurrency platform KuCoin on Wednesday announced that it has secured $20 million in equity funding from IDG Capital, Matrix Partners and Neo Global Capital. The financing will help KuCoin expand its global presence, bolster its research capabilities and train staff.
“The combined forces of IDG Capital, Matrix Partners, and Neo Global Capital will help KuCoin grow substantially, expand understanding and
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Singtel Innov8 invests $26M in US-Based Shape Security

Singtel Innov8, the venture capital arm of Singaporean telecom firm Singtel, has backed the $26-million funding in Shape Security, US-based startup that provides security technologies for web and mobile applications. The growth capital round brings Shape Security’s total funds raised to $132 million, with the latest round led by Norwest Venture Partners and joined by JetBlue Technology Ventures. Existing investors Kleiner
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KKR invests S$200M in Singapore’s PropertyGuru

Singapore based PropertyGuru Group, which operates real estate portals and apps in Southeast Asia, said on Wednesday (Oct 31) it has secured a S$200 million investment from private equity firm KKR & Co as it seeks to grow its services. Singapore-based PropertyGuru will use the funds to take full ownership of Vietnamese property portal Batdongsan.com.vn, in which it already owns a stake, to expand
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