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Q1 2025: Singapore


Singapore technology news in Q1 2025
March 2025      ●      February 2025      ●      January 2025


  • Singapore population (2023): 6 million
  • Singapore online population: 4.8M / 81.1%
  • Singapore’s median age: 39.4 years
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Singapore’s Tech news: March 2025

  • A brief overview of the recent Singapore Int’l Foundation Climate Hack 2024 Pitch Day, and the 3 teams that won on the day / full item
  • Singapore has charged 3 with fraud, believed to be concerning movement of advanced NVIDIA chips from Singapore to China’s DeepSeek artificial intelligence firm / full item
  • Singapore’s DBS bank expects to cut circa 4000 roles over 3 years as artificial intelligence takes work currently done by humans / full item
  • Monetary Authority of Singapore and State Bank of Vietnam expand MoU to boost cooperation on digital innovation projects and payment connectivity, and to support fintech operations / full item
  • Agros lands $4.25M Series A with solar-powered irrigation solutions, particularly focusing on smallhold farmers / full item
  • Circulate Capital environmental impact investor closes Circulate Capital Ocean Fund I-B, bringing the fund’s assets under management to $73M, and firm’s total AUM to $255M / full item
  • Video: ‘Singapore’s billion-dollar IPs are ready to be commercialized. What now?’ From Tech in Asia / full item
  • Singapore-Australian PHNXX raised $1.13M seed funding with containerised energy solutions providing modular, scalable energy systems for remote and rural industrial communities / full item
  • Kyberlife B2B platform secures $3M with online marketplace for sourcing critical healthcare equipment, streamlining procurement processes / full item
  • Circulate Capital environmental impact investor closes Circulate Capital Ocean Fund I-B, bringing the fund’s assets under management to $73M, and firm’s total AUM to $255M / full item
  • Japan: Marubeni conglomerate and Singapore’s Hexa Renewables ink strategic partnership to co-develop up to 100 MW of solar energy projects for deployment across Japan / full item
  • Singapore and Vietnam to boost cooperation on subsea cables, finance, and energy as part of upgraded relations to a comprehensive strategic relationship / full item
  • Thailand: Singapore’s DayOne data centre company is investing $1 billion into Thailand over 3 years for data centre development, with government looking to cap electricity costs / full item
  • Singapore and Vietnam to boost cooperation on subsea cables, finance, and energy as part of upgraded relations to a comprehensive strategic relationship / full item
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Singapore Tech news – February 2025

  • Singapore delivers 2025 fiscal budget and policy speech, pledging increased investment in industries including semiconductors, energy, and aviation / full item
  • Grab has reported its financial results for the fourth quarter of 2024, with revenue rising 17% year-on-year to USD 764 million, driven by strong demand for its ride-hailing and delivery services. / full item
  • Singapore’s Thunes, a global payments company, to expand Direct Global Network into Taiwan, rolling out Pay-to-Banks capabilities and cross-border payment services / full item
  • Kaspersky Security Network report finds that in 2024, over 21 million cyberattacks originated from compromised servers in Singapore, marking the highest number in SE Asia / full item
  • Singapore has introduced 3 new AI governance initiatives, including one to monitor and test guardrail integrity when LLMs operate in non-English language activities / full item
  • Global Space Technology Convention & Exhibition 2025 is set for February 26 -27 / full item
  • 129Knots fintech launches with $10M funding, focusing on real-world asset tech designed to transform supply chains into high-value, investment-grade assets / full item
  • SEEDS Capital, investment arm of Enterprise Singapore, sets $110M to catalyze further investment in advanced manufacturing, medical-tech, agri-tech, space-tech and more / full item
  • Malaysia’s blueprint to develop infrastructure for the Johor-Singapore Special Economic Zone… on a project-by-project basis is a pragmatic and cautious move, keeping in mind the country’s debt… / full item
  • Malaysia: ST Telemedia Global Data Centres begins construction in Johor, 15 km from Singapore, targeting a capacity of 16MW and set to be fully operational by year-end 2026 / full item
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Singapore technology: January 2025

  • Singapore’s Elev8VC finalized a $30M deep tech sector fund, looking at early-stage startups in pivotal industries such as AI, medical tech, robotics, and advanced manufacturing / full item
  • Here’s a brief overview of how Singtel is putting together the pieces of a telco AI strategy / full item
  • Germany’s Siltronic chipmaker and Taiwan’s Vanguard Int’l chip firm have partnered Institute of Tech Education to develop students for roles in Singapore’s semiconductor industry / full item
  • “In 2023, Singapore’s digital economy developments contributed 1 out of every 6 Singapore dollars generated, near 18% of 2023 GDP…” / full item
  • Micron chips major is to invest $7BN across 5 years in chip manufacturing in Singapore, with construction also commencing on a new HBM packaging facility / full item
  • Singapore-based iMotorbike raised $10M Series A with pre-owned motorbike buy-and-sell platform, building on Malaysia and Vietnam footprints and with 500 Global amongst backers / full item
  • Asia Startup Summit 2025, AI Edition, is set for April, hosted by the French Chamber of Commerce / full item
  • An overview of the newly-proposed Johor-Singapore Special Economic Zone / full item
  • Government reportedly is looking into minimum-age laws for social media use, and is in talks with counterparts in Australia / full item
  • An intro to Flint, producing a biodegradable paper battery claiming a comparable lifespan to conventional lithium-ion batteries / full item
  • Singapore’s Digital Edge data centers company raises more than $1.6BN, looking to expand in response to cloud computing and AI services demand growth across Asia / full item
  • Johor-Singapore Special Economic Zone: …leading industrial regions like Penang, Kulim, and Klang Valley expected to benefit from increased investment and supply chain integration… / full item

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