Startup funding
China AI startup Moonshot snags funds at US$18 billion valuation
[BEIJING] Moonshot AI is seeking to raise as much as US$1 billion in an expanded funding round that would value the startup at about US$18 billion, more than quadrupling its valuation in just three mo...
SoftBank seeks record loan of up to US$40 billion for OpenAI stake
The size of SoftBank’s bet has spooked market observers
OpenAI’s US$110 billion funding round draws investment from Amazon, Nvidia, SoftBank
Big Tech companies and large tech investors are racing to forge partnerships with OpenAI
Indonesian fleet management startup TransTrack targets Middle East expansion
It currently has over 1,200 clients across Indonesia, Malaysia and Singapore
Enterprise procurement platform Eezee raises US$5 million
Korea Investment Partners South-East Asia leads the pre-Series B funding round
Nvidia close to investing US$30 billion in OpenAI’s mega funding round: source
SoftBank Group and Amazon are likely to take part too
Anthropic clinches US$380 billion valuation after US$30 billion funding round
The company, unlike others, has welcomed AI regulation
Budget 2026: Fund top-ups position Singapore as leading centre for equity fundraising
The Equity Development Programme is getting an additional S$1.5 billion
Loyalty and rewards platform HeyMax raises a US$11 million Series A round led by Peak XV partners
Funding will be used to grow HeyMax’s partnership network in the region
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