Singapore’s Q4 2021 tech news
• October, November & December of 2021
• Technology and startup news headlines
• Quick reference for time-poor readers
• One-click access to each article
The fourth quarter 2021 collection is drawn from
Startup News Asia’s daily updates.
October 2021 | November 2021 | December 2021
October 2021 headlines
Singapore: Drive Lah car-sharing
- Singapore’s United Overseas Bank to spend up to $500M on new personalised digital banking app, aiming to double digital customers to over 7M across ASEAN by 2026
- 93% of all Singaporeans had heard of crypto and 43% owned it, with adoption highest among 26-45 year-olds. 66% of respondents in that group said they owned some crypto’
- Singapore: Monetary Authority to launch data sharing platform, COSMIC, in bid to fight money laundering, sharing data with 6 of region’s largest financial institutions
- Singapore: UnaBiz raises $25M with IoT sensor data management and analysis in manufacturing, assets management, smart cities and more
- Singapore: A brief video intro to the recently-distributed TraceTogether device, a helping track who a person has interacted with and the locations they’ve visited
- Singapore: ASEAN-Singapore Cybersecurity Centre of Excellence opens, aiming to help ASEAN member states develop cybersecurity capabilities
Singapore Fintech Club
- Singapore: Auspac Investment Management launches US$50M fund, looking ats 2-3 deals each quarter over 3 years and focusing on Series A-stage startups
- Singapore Cybersecurity Strategy 2021 available to download, outlining 3 strategic pillars and 2 ‘foundational enabler’ statements
- Singapore: 3 startups – Indie, RunGo and Thrust Carbon – advance to Grand Finals of WiT Startup Pitch 2021 with travel-tech and sustainability solutions
- Singapore: Doyobi professional development platform for educators gains $2.8M seed funding with focus on STEM subjects
- Singapore Venture Capital and Private Equity Association unveils 2021 SVCA Award winners
- ICYMI: ‘FinTech in Singapore 1H 2021’, a brief overview from UOB, United Overseas Bank
- China: Coach luxury fashion brand partners GQ China to release 6 NFTs on Ethereum, working with Singapore’s ZKBox
- ICYMI: Draper Startup House Ventures launches global fund with target of creating 1M entrepreneurs by 2030, with first investment in Singapore’s Ferne Health telehealth startup
- Standard Chartered invests $500M in Singapore’s digital lending unicorn Atome Financial as part of 10-year multi-product partnership to roll out BNPL services across Asia
Digital Societies in Asia Pacific / GSMA
November 2021 headlines
Wild Digital Crypto Conference / April 2022
- A brief look at Singapore’s OneService app, aiming to improve communication between citizens and social services agencies and including features like Help Neighbour
- Blockchain Association Singapore and China’s AntChain ink MOUs around collaboration, blockchain adoption and promotion in Singapore, China and across ASEAN
- Accelerating Asia accelerator and VC for pre-Series A startups unveils its 5th cohort covering 8 industries including e-commerce, fintech, healthtech and more
- A brief intro to Singapore-based Nextevo, launching ready-to-spin fibres and yarns made from pineapple leaves usually discarded as waste
- Singapore: The 100 Experiments, AI Singapore programme aiming to solve industrial artificial intelligence problem statements, helping them build their own AI teams
- Singapore’s Doctor Anywhere telehealth startup acquires Doctor Raksa, Thailand’s largest telemedicine platform, with sights on becoming SEA’s pre-eminent omnichannel healthcare provider
- Singapore: TreeDots raises $11M Series A to cut food waste with vertically integrated supply chain, B2B marketplace and group buying by consumers
- Singapore’s Horangi cloud-focused cybersecurity firm partners Huawei Cloud for security solutions for organisations across 10 countries in Asia Pacific
- Singapore: Central bank to launch ‘Project Orchid’ to explore the tech infrastructure and competencies needed to issue a digital Singapore dollar
- Singapore: Coinhako platform the first local non-bank cryptocurrency exchange to receive in-principal approval from Monetary Authority to provide digital payment token services
- Singapore’s Deskimo, on-demand app allowing people to find co-working spaces and pay by the minute, raises $3M, and soft launches in Jakarta
- Singapore leg of World Blockchain Summit set for February 24-25 2022, bringing together all things crypto, defi and NFT
- Singapore: Pace buy-now-pay-later fintech firm raises $40M Series A, looking to build on existing presence across more than 3000 locations in 4 SEA nations
- F10 Singapore unveils 9 startups selected for Incubation Programme Batch 3, working in NFTs, crypto, fintech and more
- Singapore’s Oversea-Chinese Banking Corp considering establishing a cryptocurrency exchange in response to customer demand
- ICYMI: Quantumcyte selected as Singapore’s SLINGSHOT Grand Winner, with AI-driven tissue dissection, providing more accurate test results for cancer patients
- Singapore: An intro to Aespada, platform for booking minibuses to ferry migrant workers as a better alternative to lorries
- South Korea’s TheVentures, early-stage startup incubator and VC firm, expands with launch of TheVentures Singapore
December 2021 headlines
Wild3 Web3 Conference: April 12-13 2022 – from Wild Digital and Catcha Group
- A brief intro to the 7 startups that graduated from F10 Singapore’s Acceleration Batch II after completing the 3-month programme
- An intro to 9 of Asia’s food and sustainability tech-focused startups, working on food waste solutions, smart irrigation, meat alternatives and more
- Upmesh secures $7.5M pre-Series A, launching livestream shopping app for Instagram Live merchants, providing back-end features including logistics automation
- Australia / Singapore: Big Tiny raises Au$4.2M pre-A funding, focusing on design, manufacture and assembly of tiny houses, partnering hosts to operate as small guest accommodations
- Singapore lands the first international outpost of the Global Sports Innovation Center powered by Microsoft, launching in partnership with Sport Singapore
- Forge Ventures launches $21.88M debut fund, looking to invest in 15 SEA companies over 3 years and focusing on Singapore and Indonesia
- Central banks in Australia, Singapore, Malaysia and South Africa to conduct joint cross-border payments trial using different central bank digital currencies
Singapore Fintech Club from Singapore Fintech Association
- Singapore’s Trovio digitisation, tokenisation and provenance services firm merges with Australia’s TCM Capital digital asset manager to form crypto entity valued at $200M
- Singapore’s abillion lands $10M with global platform allowing people to find and review plant-based food, menu items and cruelty-free consumer products
- Singapore’s 1982 Ventures raises $12.5M at first close of inaugural seed fund, with sights on backing 30 early-stage fintech startups in SE Asia
- Singapore: Sleek digital corporate services platform gains backing from EDBI, the Economic Development Board’s investment arm
- Singapore’s Oversea-Chinese Banking Corp considering establishing a cryptocurrency exchange in response to customer demand
- ICYMI: Quantumcyte selected as Singapore’s SLINGSHOT Grand Winner, with AI-driven tissue dissection, providing more accurate test results for cancer patients
- Singapore: An intro to Aespada, platform for booking minibuses to ferry migrant workers as a better alternative to lorries
Blockchain & Crypto Association of Singapore
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