Here is a list of venture capital firms with a presence in Singapore that are actively investing in startups. While venture capital and private equity firms appear similar in their objectives — to make money through means like a company’s sale or IPO — they possess very different mindsets. This list doesn’t contain private equity firms. Read more
Sambaash, a Singapore-based startup which creates online communities for businesses and organizations through established social media platforms, announced today in a press release that it has raised S$2.1M (US$1.64M) from two Singapore-based investors: Extream Ventures and Stream Global.
The startup’s solutions cover a wide range of industries, including travel, fashion, creative, healthcare, education, research, conferences and events, as well as professional communities. Read more
Microsoft announced on 1st March the launch of BizSpark Plus, a program for business investors and startups in Singapore.
This enhanced program allows investors to offer each of their startups up to US$60,000 worth of Microsoft Windows Azure cloud services over a two-year period. Read more
Stream Media, the company behind in-app mobile payment platform, MoVend, has raised a Series A round of SGD 1M (USD 0.8M) from Stream Global and Singtel Innov8. Press release follows. Read more
The TWIA crew starts off the new year with the story of the Great Firewall of China breaking down for a few hours and talk about the new legalized video service from Baidu starting up soon there. While Google’s new phone “Nexus One” has taken the whole world by storm, the crew examines how the Asian market views this new phone and the adoption of Android operating system. Finally, the crew ends with a discussion on the seven technology incubators selected by National Research Foundation Singapore and how it will change the landscape in Southeast Asia as a whole. You can check out the podcast here. Read more
Podcast: Play in new window
Back in August 2009, the National Research Foundation (NRF) of Singapore announced a call for incubators to apply for a new Technology Incubation Scheme (TIS). The scheme, with its 85-15 (gov-incubator) funding split and attractive buyout options, favours the incubator who has the resources to fullfill its criteria and execute operations. When the call was announced, there were no specific number of incubators that NRF said they will appoint. It would all have to depend on the quality of incubators who applied. Now, 7 incubators have been selected. Here they are. Read more