CapBridge, a private capital platform backed by the Singapore Exchange (SGX), has gotten equity investments from Singapore Government-owned Deep Tech investor SGInnovate and Hong Kong Government-linked Cyberport Macro Fund.
More than 140 venture firms, accelerators, incubators and other members of the startup community in Southeast Asia are coming out strongly to support a community-led charity fundraising campaign aiming to raise the equivalent of 50,000 meals for those in need, by offering mentoring and virtual classes to startup founders affected by the COVID crisis.
Entropica Labs, a Singapore-based Quantum Computing software startup, has raised S$2.6 million (US$1.8 million) in a seed funding round led by Elev8, a VC firm focused on Deep Tech opportunities. Other participating investors include SGInnovate, Wavemaker Partners, Lim Teck Lee Group, Japanese software firm TIS Inc, V1 Capital, and Entrepreneur First.
MicroPort Scientific Corporation announced that it has entered into definitive agreements with Singapore-based NDR Medical Technology Private Limited to lead a strategic investment of S$8 million in NDR in a Series A round of funding. Other investors include SGInnovate and Kava Ventures.
Space tech reveals itself to be more than just about the galaxy far, far away. It is ingrained in the more down-to-earth activities such as GPS and communications. It also has a lot to do with the effective application of disaster management, agriculture, and tourism, as well as border disputes and security.
International moving service provider, Moovaz, announced that it has secured a Series A investment from Quest Ventures. This investment is a part of the US$7 million Series A funding round that was announced earlier from Supply Chain Angels, SGInnovate as well as other strategic investors.