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.
RVAC Medicines, a CBC-Incubated mRNA Platform Company, Raises US$140 Million to Expand R&D and Manufacturing Capacity
RVAC Medicines, an emerging messenger RNA (mRNA) platform company incubated in Singapore by CBC Group, announced the completion of its series B financing, bringing the company’s total funds raised since its inception in June 2021 to US$140 million.
- 26 Apr 2022
Voyager Innovations raises US$210M to expand the financial services ecosystem of PayMaya and Maya Bank
Voyager Innovations, the leading technology company in the Philippines behind the end-to-end money platform PayMaya and neobank Maya Bank, raises US$210 million in new funds, propelling Voyager’s valuation to unicorn plus status, at nearly US$1.4 billion.
- 12 Apr 2022
Yangzijiang to issue S$50 million Convertible Bonds to strategic investors EDBI and Alexandrian Worldwide
Yangzijiang, a global leader in shipbuilding and a component stock of the Straits Times Index, has entered into separate agreements to issue S$50 million of Unsecured Convertible Bonds to EDBI and Alexandrian Worldwide Incorporated.
- 3 Mar 2022
Next Gen Foods Debuts TiNDLE in the United States and Announces a Record-Breaking $100 Million Series A Funding Round
Next Gen Foods announces today that its first product, TiNDLE, is now available in a range of iconic restaurants across the East and West Coasts in some of the country’s leading ‘foodie’ cities and a $100 million Series A funding round – the largest Series A to date for a plant-based meat company.
- 15 Feb 2022
Southeast Asia Fintech Report 2022
Southeast Asia's Fintech landscape is in a phase of rapid growth. The accelerated digitalisation due to the pandemic and new offerings from Fintech players have provided significant tailwinds for the sector.
- 19 Jan 2022
Sleek extends Series A round to USD 25M with participation of EDBI and existing investors
Sleek announced that it has extended its Series A round to USD 25M, with the participation of Singapore-based global investor EDBI and existing investors, in a mix of equity and debt.
- 17 Dec 2021
Ambiq Enables Singapore’s TraceTogether Token to Help Fight Against COVID-19
Ambiq partners with Excelpoint and iWOW to deliver critical components supporting Singapore’s efforts in combating the pandemic; anchors and builds Singapore APAC base with strong support from existing investor EDBI
- 7 Dec 2021
Endowus adds S$35 million in funding, led by EDBI and Prosus Ventures, to accelerate growth with new strategic partners
Leading digital wealth platform Endowus adds S$35 million in funding to accelerate growth with new strategic partners
- 30 Nov 2021
UPSIDE Foods Opens Cultivated Meat Engineering, Production, and Innovation Center (EPIC) as next step in commercialization journey
EPIC is the world's most advanced cultivated meat production facility and can produce ground or whole cuts of meat, poultry, or seafood
- 4 Nov 2021
