Startup funding

Global energy giant Engie pulling out of startups in Singapore and the region

It is offering all its interests held through an Asia-Pacific VC unit for sale

GIC and Coatue will contribute US$1.5 billion each for the Claude chatbot-maker, FT said.

GIC to invest US$1.5 billion in AI start-up Anthropic, FT reports

Anthropic last raised US$13 billion in a Series F round

Torq offers what it says is an autonomous security operations platform designed from the ground up with artificial intelligence.

Security startup Torq raises cash at US$1.2 billion valuation

The company can automate repetitive work using AI agents

More than 200,000 users have accessed credit via Pintarnya’s financial services network to fund needs such as healthcare, school tuition fees and business inventory.

Indonesian employment platform Pintarnya secures US$14 million credit facility

The startup currently serves more than 10 million users and 40,000 employers

DayOne says the new capital will further strengthen its ability to expand its European and Asia-Pacific platforms.

DayOne Data Centers raises over US$2 billion to fund Europe, Asia expansion

[SINGAPORE] DayOne Data Centers has entered into definitive agreements for over US$2 billion in its Series C equity financing, led by existing investor Coatue with participation including Indonesia In...

Startups in Asia-Pacific took an average of 4.8 funding rounds to reach unicorn status, Preqin says.

Unicorns likely to turn to private equity for financing: Preqin

Private markets could reach US$32 trillion in AUM by 2030

The "all-in" bet on OpenAI is among the biggest yet by SoftBank CEO Masayoshi Son, as he seeks to ‍improve his firm's position in the race for AI.

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...

This funding will help with the further automation of Validus' supply-chain financing platform, says Nikhilesh Goel, its co-founder and group CEO.

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

Jon Lee, CEO of Vizzio, says: ““This is Vizzio 2.0. It is all about new markets, new technology, new leadership, more governance. I should just do my job, and that is to take care of the products."

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

Lucy Liu, co-founder and president of Airwallex, says a second headquarters in the US will help grow its US business.

Airwallex raises US$330 million Series G funding round led by Addition

The company will set up a second headquarters in San Francisco