Tech in Singapore
April, May & June 2021
Technology news from Singapore, reported in Q2 2021
– articles, reports & downloads
The Singapore technology news summary for second quarter 2021 gathers tech- and startup-related headlines from April, May and June of the year on subjects including, for example: marketing for social media influencers; cryptocurrency ‘mimic trading’ services; NFT marketplace growth in Singapore; decentralize finance services in the city-state; and many more.
Headlines listed link to the Singapore tech news items behind them – in full, online, advertising-free and at no cost.
Click the jump links to go directly to the Singapore tech news collections for April 2021, May 2021 or June 2021, or simply browse the page’s headlines for subjects are most interesting to you.
April 2021 | May 2021 | June 2021
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Singapore tech news: June 2021
- Video: Open Innovation in Shaping a Sustainable Future of Food, part of the Digital Feed series from UNDP Singapore Global Centre
- Singapore: A look at SourceSage fintech, streamlining invoice management and payments processes developed with Visa via the IMDA Open Innovation Platform
- Singapore: IGlobe Partners closes latest fund aiming to invest $100M in startups working in synthetic biology, fintech and tech for smart cities
- Singapore: Beryllium secures $3M pre-Series A with fantasy sports and trading platform focused on cricket in India
- Singapore: iMin Technology secures pre-Series A with commercial IoT applications, providing SMEs with solutions such as POS terminals and QR scanners
- Singapore: Over 300 firms apply for Monetary Authority of Singapore payments and crypto exchange licences, including Alibaba and Google
- Singapore: ScamShield launches, AI-powered app to identify, filter and block scam messages with 95% accuracy, aiming to combat 15K scams reported last year alone
- Singapore’s Good Startup VC firm raises US$25M in first close of Good Protein Fund I, aiming to build a sustainable food system with alternative proteins
- Slingshot 2021 deeptech startup pitching competition applications open to August 1st, seeking startups in 4 key sectors to base out of Singapore
- Batch 4 applications for Global Launch Singapore programme are now open, closing July 30th, seeking post-seed startups keen to base out of Singapore for SEA growth
- Singapore’s BondEvalue bond exchange gains $6M led by Citi bank with blockchain-based bond market ‘electronification’
- Singapore: Osome raises $16M Series A to digitize accounting and compliance services for SMEs using artificial intelligence
- Singapore’s Land Transport Authority mandates online test for owners of power-assisted bikes and e-scooters before they can ride on cycling paths and roads
- Singapore: New Gorilla Mobile telco launches, including blockchain-based Switchback feature allowing users to convert unused data into tokens to offset bills
- 2021 Smart Port Challenge launches with 17 innovation opportunities seeking solutions across 5 key areas in maritime technology
- GovTech Singapore launches Digital Academy to build officials’ digital skills, partnering Google, AWS and Microsoft to curate curriculum for the public sector
- Singapore: A look at Speedcargo, providing cloud-based solutions around digitisation, optimisation and automation in handling cargo
Singaporean tech: May 2021
- Singapore’s Alpha Impact cryptocurrency platform gains $3.1M via private token sale, with copy-trading platform allowing users to mimic more experienced traders
- DBS Bank, JP Morgan and Singapore gov’t-owned Temasek investment firm partner for Partior, new cross-border payments venture with CBDC considerations in the mix
- 500 Ignition Singapore launched by 500 Startups and Startup SG, a virtual program aiming to connect entrepreneurs with co-founders to launch in Singapore
- Singapore-based Few¢ents raises $1.6M with digital solutions allowing publishers to monetise with pay-per-content, rather than subscriptions
- Asia Tech x Singapore set for July 13-16 with hybrid and virtual components and bringing together multiple tech-focused conferences under one banner
- Singapore’s Global FinTech Hackcelerator applications close June 11th, this year focusing on ‘green finance’ and the role of Green FinTechs
- An intro to the 8 startups selected for the latest GROW cohort, AgFunder-backed food and agri-tech accelerator running out of Singapore
- Singapore: ImpressAI gains S$4M pre-A funding with entreprize-focused recruitment solutions, including the use of chatbots
- ICYMI: Google makes first foray into remittances, enabling Google Pay users in the US to send money to GPay users in India and Singapore
- Singapore’s DBS bank now offers offers clients tokenization, trading and custody services for Bitcoin, Ether, Bitcoin Cash and XRP
- Singapore: AffableAI marketing-tech firm raises $2M with SaaS platform helping brands and agencies run social media-focused influencer marketing campaigns
- Singapore startup resource list from Founder Institute, featuring over 535 accelerators, incubators, investors and startup ecosystem participants
- Hatch Innovation Studio Singapore unveils 11 aquaculture startups and projects selected for first intake, working on seafood alternatives, biomass and more
- Singapore to stage inaugural Global Esports Games in December, bringing together esports, virtual sport, music and entertainment
- Singapore: Eezee gains pre-Series A with online marketplace allowing businesses to compare suppliers and order products, focusing on MNCs and institutions
- Singapore/Japan research develops method converting Wi-Fi signals to electricity to power small LEDs, aiming to wirelessly power medical wearables and consumer devices
- A brief intro to 5 firms working in the ‘buy now, pay later’ market, touching on virtual credit cards, point of sale financing and more
- An intro to the 10 startups that recently completed the Vietnam Global Innovation program, delivered by Sinagpore’s Quest Ventures
Singapore startup news: April 2021
- Singapore: Circus Social raises $1M pre-A with social media analytics, delivering business insights in real time with AI- and ML-driven big data analysis
- Singapore: Play Ventures game investment fund to establish blockchain game fund, acquiring a stake in Golden Gate Ventures spin-off, LuneX Ventures
- Singapore: Enjin raises $18.9M in private token sale to build Polkadot blockchain for NFTs, moving away from Ethereum
- Singapore: Tribe government-backed blockchain network gains backing to boost Academy and Accelerator, with participating startups separately raising over $70M
- Singapore: STACS raises US$3.6M pre-Series A using distributed ledger tech to aid financial institutions meet environmental, social, and governance requirements
- Singapore’s MVLLabs gains $15M to develop 3-wheeler electric vehicle, the ONiON T1, for Cambodia
- Singapore-based ImToken blockchain startup and crypto wallet developer raises $30M to build out decentralized finance services and expand blockchain research
- Singapore Deep-Tech Alliance launchs SDTA22 venture builder in partnership with XNode, Enterprise Singapore Global Innovation Alliance partner in China
- A look at the 15 startups selected for Big Idea Ventures’ 3rd accelerator cohort, working on the future of food, protein alternatives and beyond
- Singapore: “We need to consider cybersecurity as a common good which is managed in the interest of the public and is beneficial to all of us…”
- Download: Singapore Fintech Report 2021, from Fintech News Network (pdf)
- Singapore: Friz fintech raises 6-figure seed round from Y Combinator, 500 Durians and others with financial management platform for freelancers, run by ex-Mastercard exec
- Singapore: Regtank shortlisted as a finalist for FinTech Intel’s Asia FinTech Awards 2021 with one-stop solutions simplifying compliance around KYC and transactions
- Accelerating Asia unveils accelerator cohort of 11 early-stage startups from from Singapore, Indonesia, Pakistan and Bangladesh working in healthtech, AI-driven HR, dating and more
- Singapore: Glints online recruitment platform gains $22.5M backing led by Japan’s Persol, one of the country’s largest temporary staffing companies
- Singapore: Mintable non-fungible token marketplace platform gains seed funding, with over 150K NFTs created and listed for sale in the last month alone
- Singapore: SEED Ventures VC launches venture debt fund, with sights on providing interest-free loans of $15K-$37.5K to 30 seed-stage ASEAN startups by end of 2021
- Singapore: SYNC lands Best Startup PR Agency award at 2021 Singapore Business Awards by APAC Insider
- Australia’s Finder acquires Singapore’s GoBear brand and 7-country presence, aiming to grow Finder presence as a key financial comparison platform in SE Asia
- Webinar: Australia’s Consumer Data Right and Market Opportunities for Singapore FinTech, set for May 6th
- India’s Pine Labs merchant payments firm acquires Singapore’s Fave loyalty cashback startup for $45M, gaining QR-based offline payments with sights on SEA expansion
- Singapore’s Habitap smart home management system launches Indonesia presence, introducing AI-driven system at luxury residential development
- A look at the recent launch of Nongsa Digital Park and Nongsa D-Town, aiming to be a regional tech hub and bridge between Indonesia and Singapore
- Vietnam: Hatch Ventures startup ecosystem builder acquired by Singapore’s Draper Startup House
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