Singapore’s technology news in February 2024 touched on developments and applications including: digital twin technologies in Singapore’s medical sector; mobile payments using cryptocurrencies as a standard form of payment; metaverse-focused startup success for Singapore’s Meta Fantasy; and more.
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StormWall: Analysis of DDoS cyber-attacks in 2023 in Asia Pacific
- Singapore: Mesh Bio health-tech startup raised $3.5M Series A with ‘digital twins’ technology, using wide-angle data to model and personalize patient health treatments
- Singapore Government Tech Stack – platform tools that streamline and simplify development, enabling code reuse across the whole of government in building secure, high quality applications
- Singapore: Startale Labs secured $3.5M Series A with infrastructure for web3 and dApp deployments, building on upcoming collaboration with division of Sony
“I am excited to strengthen further our collaboration with Startale Labs, a company with advanced Web3 technologies and expertise. We have already been cooperating with Startale Labs by jointly hosting incubation programs, aiming to promote the development of Web3. With this capital partnership, we are merging Startale Labs’ knowledge and technical capabilities in Web3 with the experience and business fields cultivated by Sony Network Communications to create the infrastructure necessary to facilitate global Web3 adoption. We believe this partnership will contribute to creating new killer Web3 use cases and deliver unprecedented levels of value.”
- Singapore: Oobit mobile payments startup raised $25M, part-backed by Tether, to advance adoption of cryptocurrency as a standard payment option for consumers
- Singapore: Amperesand secures $12.5M to industrialize and manufacture direct current-focused compact, modular, and scalable solid-state transformer for fast EV charging
PwC Digital Banking Survey 2023: Southeast Asia landscape
- Singapore: An intro to Magorium, replacing bitumen in asphalt with depolymerised plastic to recycle waste and minimize incineration of plastics
- Singapore: Meta Fantasy takes AI Trailblazers Transformation Award at Google AI Trailblazers Programme with goal of simple-to-create virtual 3D spaces for users, via suite of AI-generated 3D space tools
“Aside from offering a novel form of entertainment and social networking encompassing gaming, film, music and virtual world simulations, Metasy could have significant implications for businesses. For instance, through the creation of AI sales assistants serving clients in virtual stores, e-commerce businesses can design unique, immersive brand experiences that enhance the customer journey. The platform also supports the creation of a digital twin to enhance interaction with fans and gather insights for influencers and celebrities. Additional verticals such as education, therapy, tourism, and the arts can also benefit from the specific LLMs and 3D visual aids in their virtual spaces.”
“The award, along with a USD $200,000 worth of Google Cloud credit, solidifies Meta Fantasy’s standing as an industry disruptor with innovative AI tools encouraging adoption and transformation. This victory also kickstarts a close collaboration with Google Cloud, supplying Meta Fantasy with further technical and marketing support.”
- Singapore’s RizqX fintech takes 2nd place at Venture Z startup competition in Saudi Arabia with Shariah-compliant investment options
- Singapore and Malaysia ink MOU to increase cross-border cooperation to tackle scams across telecommunications channels
- China’s BYD EV maker plans growth in sales outlets in Singapore and the Philippines, building on Indonesia launch
Critical technologies, globally: February 2024
Asia’s tech news: Other editions
Deloitte: Global Semiconductor Industry Outlook in 2024 –
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