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  • Southeast Asia
    Indonesia Singapore Malaysia Vietnam Thailand Philippines Myanmar
  • India
  • Greater China
  • Rest of Asia
  • World

  • E-Commerce & Internet Economy
  • Technology
  • Real Estate and Infrastructure
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Venture Capital

SG’s Biofourmis snags $100m led by SoftBank Vision Fund 2

This marks the Series C round of funding for the health analytics platform.

Venture Capital

US fintech firm Vesta gets EDBI backing for APAC expansion

Vesta will establish its regional headquarters in Singapore.

Deals

Editor’s take: The week that was — June 22-26

Layoffs at Gojek, local repercussions of Wirecard's unravelling and fundraising updates feature in this week's wrap-up.

Venture Capital

EDBI, SEEDS Capital to disburse SG govt’s $201m startup support package

They will administer a special fund to co-invest in select startups with private investors on a 1:1 basis.

Analysis

Singapore must tweak aid deployment model to reach needy startups, say industry players

Tweaks to be considered include speeding up deployment, expanding the mandate, and focusing on more vulnerable segments.

Venture Capital

Singapore’s EDBI joins US oncology startup Erasca’s $200m Series B round

Erasca has raised $200 million led by ARCH Venture Partners and Cormorant Asset Management.

Venture Capital

SG’s Doctor Anywhere raises $27m led by Square Peg Capital, EDBI, IHH Healthcare

The company last raised a $4.1 million Series A round in July 2018.

Venture Capital

Sequoia India, EDBI lead $4m funding in SG-based medtech startup eko.ai

eko.ai platform automates the process of measuring and interpreting echocardiograms.

Deals

Singapore’s EDBI invests in US financial trading data firm Pico

The investment will see Pico further bolster its presence in the Asia Pacific, a region with a rapidly growing financial services sector.

Venture Capital

SG: 3D dental printing startup Structo secures funds from EDBI, others

The investors joining the round include Singapore EDBI, GGV Capital, Wavemaker Partners and Temasek-backed, Pavilion Capital.

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