Singapore

Singapore-based data center operator DayOne raised a $2B Series C led by Coatue to build hyperscale campuses in Lahti and Kouvola, Finland, and elsewhere

Singapore-based ChemLex raised a $45M funding round led by Granite Asia to build an AI-powered, automated chemistry lab to accelerate drug discovery

Rachyl Jones / Semafor :

Singapore-based banking and payments startup Airwallex raised $330M at an $8B valuation, after raising $300M at a $6.2B valuation in May, and plans a US HQ

Payments company opens San Francisco base and reduces Tencent's holding in US pivot  —  A Singapore fintech that was labelled a …

Singapore-based Video Rebirth, founded by Tencent AI veteran Liu Wei to develop AI video generation models, raised a $50M seed from Qiming, ActozSoft, and more

Bloomberg :

Singapore-based wealth management platform Endowus raised $70M+, bringing its total funding to $130M+, and says the new capital will boost its AI advisory tools

A milestone that reflects both growth and trust …

Singapore dollar-pegged XSGD stablecoin debuts on Coinbase, giving the city-state a head start over Hong Kong in launching a local currency-linked stablecoin

Dylan Loh / Nikkei Asia :

Singapore-based used car marketplace Carro raised $60M led by Japan sovereign wealth fund Cool Japan Fund to promote Japanese cars in the Asia-Pacific region

Singapore's three neobanks, GXS Bank, MariBank, and Trust Bank, together posted $278.1M in losses in 2024 as legacy rivals digitalized, intensifying competition

Dylan Loh / Nikkei Asia :

Sources: Singapore-based used car online marketplace Carro is preparing for a US IPO as soon as 2026, aiming to raise up to $500M at a $3B+ valuation

Singapore-based Carro, Southeast Asia's largest used-car online marketplace, is preparing for a U.S. initial public offering as early …

Singapore-based Augmentus, which is developing a no-code interface for factory engineers to deploy autonomous robotic surface finishing systems, raised $11M

Duncan Riley / SiliconANGLE :