What’s New!
When Large-Language-Models Make Sense: A Game Changer for Enterprises
At EDBI’s inaugural masterclass in collaboration with NVIDIA, we delved into the world of Large Language Models (LLM) and glimpsed into the opportunities and challenges in its landscape led by Dr. Ettikan K Karuppiah, director and technologist and Dr. Deb Goswani, head of developer programs - big data and analytics at NVIDIA.
A recipe for success: How to thrive in Southeast Asia alternative protein market
Singapore has taken bold steps in accelerating innovation in the agrifood landscape in the recent years. For instance, while global regulators grappled with how to regulate cell-based foods, Singapore Food Agency (SFA) broke the impasse by becoming the first to grant regulatory approval for cell-based meat in 2021.
Ambiq Achieves Milestone of Powering Over 200 Million IoT Devices
Austin, TX and Singapore, 13 June 2023 – Ambiq®, a leading developer of ultra-low-power semiconductor solutions that deliver a multifold increase in energy efficiency, achieved a key milestone of powering over 200 million IOT devices earlier this year.
Screening Eagle raises CHF 55 million to protect the built world
Screening Eagle Technologies (SET), a cloud-based technology platform connecting sensors, software, and data for intelligent inspection of assets and infrastructure, is pleased to announce it has raised CHF 55 million in its first institutional round of equity funding.
- 2 Apr 2020
Singapore-headquartered telehealth start-up Doctor Anywhere closes US$27 million Series B Financing led by Square Peg, EDBI and IHH
SINGAPORE – 31 March 2020 – Doctor Anywhere , a regional tech-led healthcare company headquartered in Singapore, announced today that it has secured a US$27 million Series B financing round led by Square Peg – the largest venture capital fund in Australia, Singapore Government investment arm – EDBI, and IHH Healthcare, a leading international healthcare provider. Rounding out this series of funding are Pavilion Capital and existing shareholder Kamet Capital, bringing Doctor Anywhere’s total capital base to exceed US$40 million.
- 31 Mar 2020
ElevateBio Closes $170 Million Series B Financing
Cambridge, Mass. – March 30, 2020 – ElevateBio, LLC, a Cambridge-based creator and operator of a portfolio of innovative cell and gene therapy companies, today announced it has closed a $170-million Series B financing that will support and accelerate the company’s next phase of growth.
- 30 Mar 2020
ShopBack extends funding round to US$75M with investment led by Temasek
Singapore, 12 March 2020 – ShopBack, Asia Pacific’s leading rewards and discovery platform, today announced that it has raised US$30M in an extended funding round led by Temasek, with participation from existing investors including Rakuten, EDBI and EV Growth, bringing the total round size from US$45M to US$75M.
- 13 Mar 2020
eko.ai raises $4 million in funding, co-led by Sequoia India and EDBI, to automate the fight against heart disease
Singapore, Tuesday 7th January – eko.ai, a fast-growing medtech startup based in Singapore, has raised a $4 million USD round co-led by Sequoia India and Singapore government-linked strategic investor EDBI. Partech Ventures, SG Innovate and Startup Health Transformer also participated in the round.
- 7 Jan 2020
Singapore-based EDBI named as Pico investor and strategic partner
NEW YORK, NY – November 13, 2019 – Pico, a leading provider of technology-as-a-service for the financial markets community globally, today announced that EDBI, a global Asian-based Investor, is now a Pico investor and strategic partner.
- 13 Nov 2019
EDBI at LTA’s Inaugural Autonomous Mobility Summit 2019
EDBI’s Head of Emerging Technology, Dr Basil Lui on Panel: Investors Perspectives on Autonomous Mobility.
- 1 Nov 2019
EDBI Newsletter 2019 Q3
Focusing on Value Creation Activities to Help our Companies Realise
Untapped Potential as They Reshape our Future Industries
- 30 Sep 2019
DataRobot Announces $206 Million Series E Funding Round
September 17, 2019 — Boston — DataRobot, the leader in enterprise AI, today announced a $206 million Series E investment round led by Sapphire Ventures.
- 17 Sep 2019
Singapore’s EDBI Invests in Cityneon
26 August 2019 – Cityneon Holdings (“Cityneon”, the “Company”/ collectively with its subsidiaries, the “Group”) is pleased to announce EDBI’s investment in Cityneon.
- 26 Aug 2019
