Singaporean Plant-based Meat Firm Bags $10M Seed Money From Temasek, And Others Singapore-based Next Gen recently bagged US$10 million in seed funding from investors that include Singapore’s sovereign wealth fund Temasek, K3 Ventures, the VC arm of the Singapore Economic Development Board (EDB), NX Food, FEBE Ventures, and Blue Horizon, among others.
ThaiBev Said To Be Preparing To File For Biggest Singapore IPO In Years Bangkok-based beverage group ThaiBev will lodge a filing to list its brewery business on the Singapore Exchange (SGX) as early as next week, the Financial Times reported citing several sources familiar with the matter. The proposed offering could raise about $2 billion and would value ThaiBev’s beer-making unit at up to $10 billion, the report added, making it the largest initial public offering (IPO) in the city-state in at least eight years.
Malaysia's Navis Capital Invests In Singapore's Fintech Solutions Firm Moneythor Malaysia-based private equity firm Navis Capital Partners on Monday announced that it has completed an investment in Singapore-headquartered fintech solutions firm Moneythor Pte Ltd. The financial terms of the deal were not disclosed.
South Korea's Hanwha Leads $300M Round in Grab's Financial Services Arm Southeast Asian ride-hailing and food delivery giant Grab said on Thursday it has raised more than $300 million from investors led by South Korea’s Hanwha Asset Management Co. Ltd for its fast-growing financial services business.
Singapore's Shopavision Rolls Out Live Streaming Shopping Platform in S'pore with A US$374K Seed Funding Users can choose to buy products instantly within the live stream or add to cart and make payment directly via payment modes — credit cards, PayNow or e-wallets GrabPay and RazerPay, without leaving the stream.