Startup funding
SoftBank races to fulfil US$22.5 billion funding commitment to OpenAI by year-end: sources
[NEW YORK/TOKYO/SAN FRANCISCO] SoftBank Group is racing to close a US$22.5 billion funding commitment to OpenAI by year-end through an array of cash-raising schemes, including a sale of some investmen...
Validus raises US$30 million Series D round led by Malaysia’s sovereign wealth fund Khazanah
Startup matches SMEs’ supply-chain financing needs to its pool of institutional investors
Vizzio secures funding from Hong Kong Science & Technology Parks, will establish new Hong Kong office
Singapore-based startup will use investment to continue its R&D and expand its sales team
Airwallex raises US$330 million Series G funding round led by Addition
The company will set up a second headquarters in San Francisco
Chemistry AI startup ChemLex raises US$45 million, sets up global HQ in Singapore
The funds will be used to hire more hardware and software engineers as well as chemists in the city-state
Temasek-backed Xora Innovation leads US$36 million Series A funding in Vinci
Khosla Ventures and Eclipse participate in seed and Series A rounds
Revolut’s valuation hits US$75 billion as it completes fundraising
Investors Coatue, Greenoaks, Dragoneer and Fidelity lead the round
Nvidia, Microsoft invest US$15 billion in AI startup Anthropic
The massive investment comes a month after Nvidia announced it will pump as much as US$100 billion into OpenAI
Temasek leads US$80 million funding in power infrastructure provider Amperesand
The Series A round is co-led by the Singapore investment company and Walden Catalyst Ventures
Funding for fintech in South-east Asia in 2025 drops to lowest level since 2016: UOB, PwC and SFA report
This bucks the global trend as funding globally rises 13% to US$27.8 billion
