Blaize offers transformative edge computing solutions for AI data collection and processing at the edge of network, with a focus on smart vision applications including automobility, retail, security, industrial and metro. Blaize has secured US$87M in equity funding to date from strategic and venture investors DENSO, Daimler, SPARX Group, Magna, Samsung Catalyst Fund, Temasek, GGV Capital, Wavemaker and SGInnovate.
Founded by student entrepreneurs at NUS, this startup aims to create the "Canva for robotic systems". Daryl Lim met co-founders Yong Shin Leong and Chong Voon Foo at the Industry 4.0 networking event hosted by SGInnovate. Soon after, they decided to join a hackathon where they realised that they worked well as a team and had complementary skill sets.
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.
SGInnovate has launched Deep Tech for Good, a new initiative that seeks to accelerate the development and use of Artificial Intelligence (AI) and other frontier technologies to improve the human condition and drive sustainable development across different markets. The initiative was launched at a virtual event with an international line-up of experts sharing their perspectives on how Deep Tech can be advanced for social and economic good.