Startup funding
Loyalty and rewards platform HeyMax raises a US$11 million Series A round led by Peak XV partners
Funding will be used to grow HeyMax’s partnership network in the region
Global energy giant Engie pulling out of startups in Singapore and the region
It is offering all its interests held through an Asia-Pacific VC unit for sale
GIC to invest US$1.5 billion in AI start-up Anthropic, FT reports
Anthropic last raised US$13 billion in a Series F round
Security startup Torq raises cash at US$1.2 billion valuation
The company can automate repetitive work using AI agents
Indonesian employment platform Pintarnya secures US$14 million credit facility
The startup currently serves more than 10 million users and 40,000 employers
DayOne Data Centers raises over US$2 billion to fund Europe, Asia expansion
[SINGAPORE] DayOne Data Centers has entered into definitive agreements for over US$2 billion in its Series C equity financing, led by existing investor Coatue with participation including Indonesia In...
Unicorns likely to turn to private equity for financing: Preqin
Private markets could reach US$32 trillion in AUM by 2030
SoftBank races to fulfil US$22.5 billion funding commitment to OpenAI by year-end: sources
[NEW YORK/TOKYO/SAN FRANCISCO] SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investmen...
Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah
Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors
Vizzio secures funding from Hong Kong Science & Technology Parks, will establish new Hong Kong office
Singapore-based startup will use investment to continue its R&D and expand its sales team
