SIA, Singtel's Innov8 invest in data startup
Singapore
SINGAPORE Airlines (SIA) has made its first startup investment since launching a digital innovation blueprint in January, the national carrier told The Business Times on Tuesday.
It was part of a recent Series B funding round, led by Singtel's Innov8 venture capital arm, that raised A$22 million (S$22.1 million) for tech firm Data Republic. SIA said in a bourse filing that it took a minority stake through the placement of new shares.
A spokesman for Data Republic separately told BT that Singtel has picked up a board seat with its first injection into the startup, but de…
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