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Singapore’s ICT Fund to launch US$100 million second vehicle in 2019
ICT Fund II will add another 12 to 14 enterprise technology firms across Southeast Asia into its portfolio.
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AUM Biosciences secures US$1.5 million seed funding to develop affordable oncology drugs
AUM did not reveal the names of the participating investors or any other financial details.
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Philippines Live Streaming startup Kumu grabs US$1.2 million from Summit Media
Part of the funds will be allocated to supporting live streamers with their creative process.
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Singapore’s EDBI joins US$90 million funding round in US startup Pindrop
Pindrop said it would use the latest funding to boost its European expansion plans and its drive into IoT.
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WeWork’s biggest Southeast Asia co-working space debuts in Malaysia
WeWork’s Malaysian debut is slated in the first quarter of 2019.
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Singapore MAS launches US$22 million Cyber Security Fund targeting financial sector
Monetary Authority of Singapore’s new S$30 million grant is intended to boost the country’s cyber security capabilities in the financial sector.
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Sansiri’s Siri Ventures makes investments in US VC Fifth Wall and two Singapore Startups
Siri Ventures also plans to invest 600 million baht (about US$18.29 million) next year into startup and innovation technology to support the proptech sphere.
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Singapore Medical Support Services Provider Medinex to raise US$5.48 Million in SGX Listing
Medinex will use the capital for marketing and business operations, which includes acquiring human resources and consulting services company Ark Leadership.
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Golden Gate Ventures Opens KL Office, Commits US$18 million for Malaysian Startups
Golden Gate Ventures (GGV) made the move to expand and solidify its regional footprint in Malaysia
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Khazanah to sell stake in IHH Healthcare to Mitsui for US$2 billion
The proceeds raised will be used for new investments and capital requirements.
