EDBI

Arta Finance partners Temasek Trust’s Co-Axis to unlock US$30 million catalytic funding for impact projects 

The partnership will extend the reach of Co-Axis projects, which all align with United Nations Sustainable Development Goals 

Arta Finance is jointly headquartered in the US and Singapore.

Digital wealth platform Arta Finance snags strategic investment from EDBI

Arta Finance provides a gateway to private market investments, enabling access to investment tools and financial solutions

The investment is part of the Series E funding round announced in September 2023.

AI market intelligence platform AlphaSense snags strategic investment from EDBI

THE investing arm of the Economic Development Board of Singapore, EDBI, has made an undisclosed strategic investment into artificial intelligence (AI) market intelligence platform AlphaSense.

Thunes has an ongoing global partnership with Visa, where the company offers “send-to-wallet” capabilities to 78 digital wallet providers globally.

Thunes adds EDBI, Visa to extended Series C round

EDBI and Visa have joined the Series C funding round of Thunes, a Singapore-based global payment network, the company said on Monday (Jul 17).

Companies like Moderna are examples of  investments in companies that can build their solutions around long-term trends and enduring behaviours.

What to watch in the biomedical space over the next five years

The pandemic has put the spotlight on the healthcare and biomedical sectors, driving unprecedented enthusiasm in the relatively unknown field of mRNA innovations, and bolstering growth in digital heal...

EDBI says Chu Swee Yeok will continue to be senior adviser to the chairman of the investment arm.

EDBI’s Chu Swee Yeok leaving in Feb to start fund; Paul Ng to succeed as CEO

EDBI, the investment arm of Singapore’s Economic Development Board (EDB), said its chief executive officer and president Chu Swee Yeok will step down on Feb 1, after 14 years in the role.

Chu Swee Yeok helms government investment arm EDBI, whose investments include Moderna, ByteDance and Grab.

EDBI’s long-time chief leaving to start own fund

CHU Swee Yeok, the chief executive officer of the investment arm of the Singapore Economic Development Board (EDB), is leaving after nearly 14 years to raise her own fund, said people with knowledge o...

In addition to anchoring the development of new products and solutions for Singapore and the global market, AvePoint’s new hub will strengthen global cloud resilience for customers, support data sovereignty, strengthen multi-cloud security, and ensure regional businesses are supported at the local level, it says.

AvePoint sets up R&D hub, and will hire over 500 digital professionals

NASDAQ-listed AvePoint, a Microsoft 365 data-management solutions provider, has just set up a S$100 million international research and development (R&D) hub in Singapore.

EDBI joins extended Series A round of corporate services startup Sleek

EDBI joins extended Series A round of corporate services startup Sleek

EDBI, the investment arm of Singapore's Economic Development Board, has joined the extended Series A round of Singapore-based corporate services platform Sleek.

Advance Intelligence Group bags more than US$400m in Series D round led by Softbank Vision Fund 2, Warburg Pincus

Advance Intelligence Group bags more than US$400m in Series D round led by Softbank Vision Fund 2, Warburg Pincus

ADVANCE Intelligence Group, a Singapore-headquartered artificial intelligence (AI) tech startup announced on Wednesday that it had closed its more than US$400 million round of financing from an invest...