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.
Singapore’s Mighty Jaxx, a startup that designs and manufactures collectibles and lifestyle products, said it has raised an additional S$4.5 million (US$3.2 million) to round out its pre-series A round.
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.