AI.Reverie, the Computer Vision company that generates synthetic data to train algorithms, today announced that it has completed a $5.6 million equity round of financing. Vulcan Capital led the round, and other institutional investors included Compound, In-Q-Tel, Resolute Ventures, SGInnovate, TechNexus and Triphammer Ventures.
Topics: Investments, Startups
Investment interest in the Quantum Computing industry has been steadily growing in the last decade. The Quantum Daily gives an overview of some of the investors currently in the Quantum space.
Topics: Investments, Quantum Computing
In the ninth edition of Singapore Business Review’s 20 Hottest Startups, it was the small and medium enterprise (SME)-focused neobank Aspire that clinched the top spot, with $45.03m (US$32.5m) in funding from a series A round. These 20 startups raised an average funding amount of about $7.85m, which was a 47.32% plunge from the 2018 average of $14.9m.
Topics: CleanTech, Investments, Startups
Singapore-based logistics startup Moovaz has secured an undisclosed Series A investment from government-owned Deep Tech investor SGInnovate, and Supply Chain Angels (SCAngels).
Topics: Investments, Startups
“Besides the need for ‘patient’ capital, there are various unique technical, structural and cultural barriers that these startups have to overcome. It takes years, not just a few deals, to go through the cycle to get the real experience and make the right judgement calls.” — said Hsien-Hui Tong, Head of Venture Investing at SGInnovate
Topics: Investments
Cybersecurity startup Right-Hand has raised US$1 million in a seed funding round led by Singapore-based early-stage venture capital fund Atlas Ventures, it said on Thursday. Other investors include Singapore government-owned Deep Tech investor SGInnovate, and tech company builder Entrepreneur First.
Topics: Investments, Startups