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Singapore: April 2024

Singapore’s technology news headlines in April of 2024 touched on items including: Monetary Authority moves to combat money laundering; all-electric passenger vessel for in-port use in Singapore; a Singaporean alternative to antibiotics for the aquaculture industry; Singapore-New Zealand tech student connections; and more.

Hit the Singapore technology news links below for each full article.

Our other editions span daily updates, weekly newsletters, monthly round-ups, and quarterly collections.

SWITCH Singapore 2024

SWITCH: 2024 Singapore Week of Innovation and Technology

  • Singapore: ANEXT Bank secures $148M in new funding from parent Ant Group with focus on cross-border digital banking and transactions for SMEs / read it here
  • Singapore: StealthMole AI-backed cybersec firm raised US$7M Series A, aiming to build on business-to-gov’t base wth enterprize-level investigation, risk assessment and threat monitoring / read it here
  • Singapore: Pyxis maritime tech startup unveils first of all-electric port passenger vessel, X Tron / read it here
  • Monetary Authority of Singapore extends ban on remittances to China in light of lack of action by PRC authorities to freeze channels / read it here
  • Singapore: Monetary Authority launches COSMIC platform to facilitate sharing of customer info among financial institutions to combat money laundering, terror financing and proliferation financing / read it here
Korea Startup Challenge 2024

K-Startup Grand Challenge 2024 – start-up in South Korea

  • Singapore: Ailytics secures $2.7M pre-A with AI-driven video analytics to help heavy industry lift operational safety and productivity, using a company’s existing cameras / read it here
  • Singapore’s Transcelestial raised $10M with wireless laser communications, aiming to boost internet infrastructure in SE Asia and India with an alternative to subsea cabling / read it here
  • Monetary Authority of Singapore and Mastercard ink MOU to boost cooperation in cybersecurity, specifically around cyber-resilience in Singapore’s financial services sector / read it here
  • Singapore’s Peptobiotics raises $6.2M with antimicrobial peptide tech as alternative to over-use of antibiotics in the aquaculture sector / read it here
  • Singapore’s Temasek state-owned investment firm opens Paris office, building on London and Brussels, aiming to boost investment and partnership opportunities across European Union and broader EMEA regions / read it here
SXSW Sydney 2024 - Australia

SXSW Sydney 2024 / October in Australia

  • ‘Breakthrough Energy Fellows – SE Asia’ launches focusing on early-stage climate -tech, an initiative by Bill Gates’ Breakthrough Energy, Temasek, and Enterprise Singapore / read it here
  • Singapore’s SLINGSHOT 2024 competition applications are open to July 1st, seeking startups working on solutions in 5 key domains / read it here
  • Future Food Asia returns for 8th edition in May, with 11 agri-food startups pitching at conference in Singapore / read it here
  • Decarbonization Partners, Singapore’s Temasek state fund and BlackRock partnership, close inaugural $1.40BN fund for late-stage investments in decarbonization tech startups targeting a net-zero era / read it here
  • China: National University of Singapore Guangzhou Research Translation & Innovation Institute opens its doors, with remit including startup incubation and promotion of entrepreneurship / read it here
  • China: ByteDance Singapore affiliate, Picoheart, invests in InnoStar Semiconductor’s licensable IP for system-on-chip tech, with use cases including in AI datacenters / read it here
  • Asia New Zealand Foundation Te Whītau Tūhono partners Singapore’s SGInnovate for internships, providing NZ STEM students with the chance to live and work in Singapore / read it here
Critical technologies 2024

Critical technologies, quarterly: First quarter 2024 news round-up

Tech news: Asia & Indo-Pacific

Critical tech quarterly, Q2 2024

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