A former finalist in The Irish Times Innovation Awards, HealthBeacon has raised €12 million to date with backers including SGInnovate, a private company owned by the Singapore government. Other investors include Manatt Health, BVP, Elkstone Partners and Bill McCabe’s Oyster Capital.
NDR Medical Technology has raised S$8 million in a Series A funding round led by MicroPort Scientific, a Chinese medical device developer and manufacturer, NDR said on Monday. Other investors in the round include existing investor SGInnovate, and new investor Kava Ventures, a venture partnership founded by owners of medical tech distributor Transmedic.
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.
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.
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.
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.