Category: Singapore

RWDC Industries is a new startup hoping to become a bioplastics giant in Athens, Ga.

Daniel Carraway spent his entire career working in paper and bioplastics. The serial entrepreneur began his career at International Paper working in their research division before founding two previous companies which became cornerstones of the bioplastics industry. His latest venture, RWDC Industries, has raised $133 million in a recent financing…

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NHS COVID-19: The UK’s coronavirus contacts-tracing app explained

The UK has this week started testing a coronavirus contacts-tracing app which NHSX, a digital arm of the country’s National Health Service, has been planning and developing since early March. The test is taking place in the Isle of Wight, a 380km2 island off the south coast of England, with…

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Singapore’s logistics startup Ninja Van raises $279M

Ninja Van, a Singapore-based logistics startup, has secured an additional $279 million in fresh funding as it works to scale its operations to keep up with the surge in e-commerce deliveries in six Southeast Asian countries. Europe’s GeoPost, Facebook co-founder Eduardo Saverin’s B Capital Group, Monk’s Hill Ventures, Carmenta, Golden…

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Tinvio, a communication platform for supply chain merchants, gets $5.5 million seed round

Being a supply chain merchant often means cobbling together different ways of keeping in touch with buyers, including emails, text messages and paper invoices. Tinvio wants to simplify the process with a communication and commerce platform designed especially for managing orders. The Singapore-based startup announced today that it has raised…

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Igloo raises $8.2M to bring insurance to more people in Southeast Asia

Singapore-based Igloo, formerly known as Axinan, has raised $8.2 million as the insurance-tech startup looks to broaden its foothold in half a dozen Southeast Asian markets and Australia. InVent, a corporate venture capital arm of telecommunications firm Intouch Holdings, led Igloo’s extended Series A round, the startup told TechCrunch. Existing…

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Financial tech startup Previse raises $11 million to help suppliers get paid faster

Previse, a fintech focused on helping suppliers get faster payment, announced that it has raised $11 million in new funding led by Reefknot Investments and Mastercard. Returning investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech also participated. Founded in 2016, Previse says it currently processes about 100,000 invoices a…

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