Stories By: Tech In Asia (84 Articles Found)

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Bespoke Habitat brings home $740k

Bespoke Habitat, a Singapore-based co-living and property mgmt startup, said it raised S$1 million (US$740,000) from angel investors. Established in 2019, Bespoke Habitat provides spaces across locations in Singapore for its clients to live, work, and play. The…

SG building design firm launches with $2m

Digital Blue Foam (DBF), a Singapore-headquartered software-as-a-service (SaaS) building design startup, has launched its business after investing US$2 million in development over the last couple of years. The startup is also in late-stage talks to close its series…

Singapore’s Casa Mia nets $400k in pre-seed money

Singapore-based Casa Mia Coliving has raised US$400,000 in pre-seed funding from angel investors in Singapore, Italy, Qatar, and US. Casa Mia provides private bedrooms in ready-to-move shared homes in Singapore. It focuses on young professionals who want to…

How Lazada is improving its logistics offering for sellers and shoppers

Shopping online can involve a rollercoaster of emotions. The rush of finding a great deal, especially during major sales events like 11.11, leads to the euphoria of confirming a purchase, before it all gives way to the anticipation…

NTU team uses microalgae for electricity generation

A team of scientists from NTU in Singapore has discovered a method to boost energy generation from microalgae, eliminating reliance on non-renewable sources such as fossil fuels and natural gas. The study showed how the binding of algae…

Singapore JV to offer green solutions to SMEs

CO2X, a new JV formed by Singapore-based tech firms STACS, Ascent, and Evercomm, has signed a MOU with executives from the transportation, logistics, and finance sectors to provide green solutions for local businesses. It will develop a platform…

Singapore EV maker charges up with $6.8m seed funding

Ion Mobility, a Singapore-based EV maker, has raised US$6.8 million in a seed round co-led by Quest Ventures and TNB Aura. GDP Venture, Monk’s Hill Ventures, Seeds Capital, and 500 Durians also participated in the round along with…

PropertyGuru sees data analytics and fintech offerings as new sources of growth

Hari Krishnan, CEO of PG, needed to act fast when the pandemic hit. “We told ourselves that these were going to be a tough couple of years,” he told KrAsia. Like many other companies involved in the real…

Singapore greentech startup nets $1.4m in seed funding

SGRecycle, a Singapore-based greentech startup, secured seed money of US$1.4 million in a round led by Tai Hing Group. Founded in 2020, the startup is working to deploy a network of smart recycling stations in Singapore. It currently…

Singapore isn’t self-reliant for food. This innovative startup wants to fix that

When David Tan started Netatech 13 years ago, he realized that Singapore was not self-reliant when it came to food production, with farms in the city-state supplying less than 10% of the population’s food requirements. But increasing local…

WeWork launches on demand service in Singapore, three other countries

US-based WeWork‘s pay-as-you-go app On Demand is now live in four new markets. This move follows the shared office space provider’s significant growth over the past year in North America, where it now has 200 locations, the SoftBank-backed…

The latest example of Singapore’s holistic approach to building a smart city

Like many other global smart cities, a major challenge for Singapore is to move beyond the “test-bed” phase and apply new technologies nationwide so their impact can be felt by citizens and investors. To advance its efforts, Singapore…

Singapore plant-based meat startup raises over $700k in seed round

Shandi, a Singapore-based foodtech startup, has raised more than US$700,000 in its second seed round led by packaged-food company Tolaram. The round also saw participation from foodtech-focused accelerator SparkLabs Cultiv8 and angel investor Simmarpal Singh. Shandi says it…

Life3 Biotech, NUS to research new plant-based meat products

NUS’ Faculty of Engg and Life3 Biotech signed a MOU to jointly research on incorporating electrospinning in food technology. Electrospinning is traditionally used to produce thin fibers for protective masks. But NUS-Life 3 partnership is eyeing the feasibility…

Shiok Meats acquires Singapore cell-based red meat startup Gaia Foods

Shiok Meats has acquired an over 90% stake in Gaia Foods, a Singapore-based firm that produces red meat using stem cell technology, for an undisclosed sum, the company told Tech in Asia. The deal will help Shiok Meats…

Singapore proptech firm launches B2B construction, real estate marketplace

Spaceworx, a Singapore-based proptech firm, has launched a new construction and real estate industry-focused marketplace, which aims to offer a universal platform for users, including landlords, operators, occupants, and system integrators, who are looking for smart-space solutions. The…

Ex-Foodpanda execs launch workspace marketplace Deskimo

Singapore-based Deskimo announced the launch of a mobile application that offers a catalog of independent workspaces across Singapore and Hong Kong, providing companies with flexible workspace options. Workspaces listed on the app include co-working spaces and serviced offices…

Hmlet launches new housing solution for young Singaporean couples and families

Hmlet has announced the launch of a private housing solution catered to local and expat young couples and families in Singapore. Called Hmlet Nest, the new pet-friendly space will be available in eight conservation shophouses – buildings that…

AirAsia steps into the online grocery delivery ring in Singapore

AirAsia announced today that it is entering the competitive grocery-delivery market in Singapore. The AirAsia app called for interested fresh produce and grocery merchants throughout the city-state to join its ecommerce delivery platform. This comes after AirAsia launched…

Singapore startup that develops plant-based eggs banks $1.7m in seed round

Float Foods, a Singapore-based foodtech startup, announced it has raised S$2.2 million (US$1.7 million) in its seed round led by venture capital firms Insignia Ventures Partners and DSG Consumer Partners. Investors including Apricot Capital, Baksh Capital, Teja Ventures,…

Entrepreneur blames Singapore’s LTA for failed $3.5m underground bicycle parking project

More than a year after SecureMyBike, Singapore’s first automated underground bicycle parking system, shut down after two years of operations, Smartcity Projects CEO Bruno Navarro blamed LTA for allegedly choosing the wrong location for the facility. Navarro’s firm…

Singapore-based solar energy provider Sunseap secures series E funding

Sunseap Group said it has secured its series E round from Dubai conglomerate Dutco Group. Dutco operates in construction, integrated modular technology solutions, manufacturing, real estate, oil and gas, freight and logistics, and hospitality sectors. The investment comes…

NUS, Johnson Controls invest $3.7m for smart buildings research in Singapore

NUS and Johnson Controls focusing on smart, healthy, and sustainable buildings, will embark on a collaboration to carry out research on smart buildings. Under the partnership, Johnson Controls will commit about S$5 million into the research program, and…

Singaporean plant-based meat firm bags $10m seed money from Temasek, others

Buttermilk-fried burgers, shawarmas, and satays made out of plant-based chicken are now popular items on the menus of most restaurants in SEA. This is due to the efforts of the meat-substitute market to lure non-vegetarians who have concerns…

Tesla nears final approval to sell its cars in Singapore, source says

Tesla cars could be on Singapore’s roads in as early as two weeks. The EV maker has received a pre-delivery inspection approval from LTA, according to a source who was at the inspection centre. This is one of…

Using clean energy to power change in the data centre industry

What do FB, WhatsApp, Netflix, and Zoom have in common? These platforms feed our insatiable appetites for entertainment, information, and instant connectivity. But every action we take on these services releases several grams of carbon dioxide into the…

NUS creates aerogel that converts air into drinking water

NUS announced that it has created a type of aerogel, which can extract drinking water from air without any external power source. The NUS researchers published their creation in the Science Advances journal in Oct last year and…

Singapore co-living startup Cove raises $4.6m in Keppel Land-led round

Co-living platform Cove has raised over US$4.6 million in a series A funding round led by Keppel Land. Idinvest Partners, a unit of private equity firm Eurazeo, has also joined the funding round with existing investors including Antler,…

Delving into Singapore’s smart-city startups and the funds flowing into the sector

In 2014, Singapore launched the Smart Nation initiative. And over the last six years, the country has been building up its startup ecosystem as part of this drive. Startups by their nature are in the business of disruption…

Property startup 99 Group acquires Singapore Real Estate Exchange

Southeast Asian property startup 99 Group announced that it has acquired Singapore SRX, a property platform and real estate data provider in Singapore. With the agreement finalized on Nov 7, 2020, 99 Group will acquire all of the…

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