Earnings and Results

Singapore brand aggregator Rainforest Life halves losses in 2023

The company's revenue soared 46% YoY to $54.7m.

Analysis

SG Digest: Rainforest Life buys DTC brand; Smartkarma to merge with Helixtap

Rainforest Life acquired SKYH for $2.4m.

Deals

Data Vantage: Ascent Solutions, Wellesta, Ancileo and Perx pocket funding

Industrial IoT track-and-trace solutions provider Ascent received a capital injection this week from parent EXEO Global.

Earnings and Results

SG-based Rainforest raises $21.5m via convertible notes as losses widened in 2022

The round was backed by existing investors, including Monks Hill Ventures and Insignia Venture Partners.