funding

Company in the news

Sunseap secures $50 mil funding from Temasek, ABC World Asia for solar projects

SINGAPORE (Jan 29): Renewable energy provider Sunseap Group has bagged $50 million in funding from Singapore state investor Temasek and private equity fund ABC World Asia. 

M&A

Ascendas India Trust to build and acquire warehouse in Panvel for $42.1 mil

SINGAPORE (July 11): The trustee-manager of Ascendas India Trust (a-iTrust) has entered into a construction funding and forward purchase agreement with a subsidiary of Arshiya, to develop an additi

Startups • Entrepreneurs • Digital economy

ShopBack raises US$45 mil in latest funding round

SINGAPORE (Apr 10): ShopBack, the rewards and discovery platform, has secured US$45 million ($60.9 million) in its latest funding round, bringing the company’s total funding to US$83 million.

Healthcare

Clearbridge subsidiary to issue $2 mil in convertible bonds

SINGAPORE (Mar 25): Clearbridge Health Limited’s subsidiary, Clearbridge Biophotonics, is set to issue $2 million in convertible bonds to develop its proprietary computational imaging microscopy te

Centurion raises $70 mil at first closing of global student accommodation fund

SINGAPORE (Dec 10): Centurion Corporation's second student accommodation fund, the Centurion Student Accommodation Fund, achieved an aggregate committed capital of $70 million at its first closing.

Startups • Entrepreneurs • Digital economy

Hyundai reinvests another US$250 mil in Grab

SINGAPORE (Nov 7): Ride-hailing company, Grab, has secured US$250 million ($343.5 million) in investments from South Korean carmaker, Hyundai.

Beam scores funding to bring e-scooters to Singapore

(Oct 24): Singapore’s sidewalks are about to get a lot more crowded.

Startups • Entrepreneurs • Digital economy

Temasek-backed Chinese travel site aims to raise up to US$300 mil

HONG KONG (Aug 17): A Chinese travel website backed by Singaporean state investor Temasek Holdings hopes to raise up to US$300 million ($413 million) in a new funding round that it hopes to value t

Startups • Entrepreneurs • Digital economy

ezbuy raises US$17.6 mil in pre-series C funding

SINGAPORE (May 24): Local online shopping platform, ezbuy.sg, has successfully raised a total of US$17.6 million ($23.6 million) in its pre-series C funding.

Malaysia

Funding for TRX Lifestyle Quarter on the line

KUALA LUMPUR (May 17): Although previously close to securing between RM2 billion ($676.4 million) and RM3 billion worth of financing for its Lifestyle Quarter in the Tun Razak Exchange (TRX) develo

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