Daily Briefing: ComfortDelGro launches non-emergency medical transport service; Neuron Mobility expands to Korea

8 Mar 2021 - Singapore Business Review
And Kiwi Pay merges with Cambodia’s Meal Temple. From ChannelNewsAsia: ComfortDelGro Group has launched a non-emergency medical transport service with an initial fleet of 10 wheelchair-accessible minibuses, with more to be added “as demand grows”, said the company on 8 March. The “specialised medical ...
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Daily Briefing: Asia Partners's maiden fund hits final close at $514m; GuocoLand to launch Midtown Modern on 20 March

5 Mar 2021 - Singapore Business Review
And more roads to be converted for pedestrians and cyclists. From e27: Asia Partners, a Singapore-based growth equity investment firm, has made the final close of its inaugural fund at $514m (US$384m) in commitments. The Limited Partners (LPs) in the fund include institutional investors, family offices, ...
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Daily Briefing: SG to deploy network of climate sensors across island; Raena bags $11.98m Series A funding

4 Mar 2021 - Singapore Business Review
And registration of new diesel cars, taxis to end in 2025. From ChannelNewsAsia: Singapore plans to deploy a network of climate sensors across the country, as part of efforts to mitigate the effect of a phenomenon known as the urban heat island effect. Delivering her speech during the Committee of Supply ...
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Daily Briefing: Exxon to cut 7% of local workforce; EPS, Schulte Group back autonomous drone developer F-drones

3 Mar 2021 - Singapore Business Review
And freehold semi-detached house near Orchard Road on sale for $10.9m. From Reuters: Exxon Mobil Corp. plans to cut its workforce in Singapore, home to its largest oil refining and petrochemical complex, by about 7% amidst the “unprecedented market conditions” resulting from the COVID-19 pandemic, it ...
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Daily Briefing: Pixibo raises $1.86m to help fashion e-tailers reduce product return rates; Her Capital invests into AI video interviewing platform Neufast

1 Mar 2021 - Singapore Business Review
And development charge rates reduced for commercial use, increased for residential. From e27: Pixibo, a Singapore-based fashion-tech startup, has raised $1.9m (US$1.4) in a Series A extension round from early-stage VC firm Atlas Ventures. The startup will use the funds to enhance its service and hire ...
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Daily Briefing: Plant-based meat startup Next Gen raises $13.28m; Two adjoining sites at Still Road, Koon Seng Road on sale for $21m

26 Feb 2021 - Singapore Business Review
And government adopts calibrated approach in balancing heritage preservation. From e27: Next Gen, a Singapore-headquartered plant-based foodtech startup, announced that it has closed a $13.28m (US$10m) seed round from a clutch of investors, including Temasek and K3 Ventures. The New Ventures arm of the ...
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Daily Briefing: ICA warns of fake website; Rainmaking launches $30m fund to invest in maritime startups

25 Feb 2021 - Singapore Business Review
And Queen Astrid Gardens relaunched for en bloc sale for $123.8m. From ChannelNewsAsia: The Immigration and Checkpoints Authority (ICA) warned on 25 February of a fake website mimicking its own. ICA also said no data had been compromised. The fake website (ica-mom.online) looks identical to the official ...
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Daily Briefing: Hustle Fund hits $44.4m final close of second pre-seed fund; ZASH acquires video-sharing platform Lomotif to take on TikTok

24 Feb 2021 - Singapore Business Review
And the Atelier to open for preview this Saturday. From DealStreetAsia: Singapore- and Silicon Valley-based seed investor Hustle Fund has raised $44.4m (US$33.6m) for the final close of its second global pre-seed fund. Hustle Fund 2’s anchor limited partners are US venture capital firm Foundry Group ...
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Daily Briefing: Temasek, Vickers join Canadian geothermal tech firm Eavor's $53m funding round; Land earmarked for Agri-Food Innovation Park in Kranji 'erroneously' cleared: JTC

17 Feb 2021 - Singapore Business Review
And over 3,000 appeals to waive stay-home notice costs for maids approved. From e27: Canada-based geothermal technology company Eavor Technologies has raised $53m (US$40m) from a host of investors, including Singapore-based Temasek Holdings and Vickers Venture Partners. Other investors are bp Ventures, ...
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Daily Briefing: SG-based PE firm Novo Tellus raises $331m for second SEA fund; TRIVE Ventures launches $2.7m venture philanthropy fund

15 Feb 2021 - Singapore Business Review
And Singapore swap shops offer alternative to fast fashion. From DealStreetAsia: Novo Tellus, a Singapore-based private equity firm that focuses on mid-market technology and industrial sectors of Southeast Asia, has reached the final close of Novo Tellus PE Fund 2 at $331m (US$250m). According to a statement ...
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