Trancelestial Technologies, a last-mile internet connectivity startup based in Singapore, has secured a US$9.6M in Series A round of investment, co-led by EDBI and Wavemaker Partners. The startup’s other investors include SGInnovate, Entrepreneur First, 500 Startups, Michael Seibel (CEO of Y-Combinator) and more.
Topics: Investments, SpaceTech, Startups
Horizon Quantum Computing has increased its seed financing to SG$4.5 million (US$3.23 million) with Sequoia Capital India leading the extension, and participation from previous investors SGInnovate, Abies Ventures, DCVC, Qubit Protocol, Summer Capital and Posa CV.
Topics: Investments, Startups
Singapore’s startups are stepping up to adapt their current technologies in the battle against COVID-19, Dr Lim Jui, CEO of SGInnovate, told Fortune Times during a recent interview.
Topics: Startups
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.
Topics: Investments, Startups
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.
Topics: Investments, Startups
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.
Topics: Investments, Startups