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EDBI
Global Economy
Briefs: GVT confirms plans for secondary listing on Bursa Malaysia, Taylor Swift endorses Harris for US president
Other news: Economists upgrade Singapore's GDP forecast in 2024; EDBI invests undisclosed amount in digital wealth platform Arta.
September 12, 2024
Fintech
EDBI invests undisclosed amount into digital wealth platform Arta Finance ahead of global expansion
Headquartered in both US and Singapore, Arta Finance will only be available to Singapore later this year.
September 11, 2024
Funds
IHH Healthcare, Sequoia India and EDBI part of investors in medtech start-up Us2.ai’s US$15 million series A round
This investment will enhance the delivery of care by doctors and speed up the diagnosis of heart conditions for the public:IHH CEO
April 14, 2022
Company in the news
Backed by EDBI and major Ikea franchisee, renovation platform Livspace turns unicorn with US$180 mil round led by KKR
Seven-year-old Livspace — now a unicorn — recently acquired a majority stake in Singapore-based home remodeling platform Qanvast.
February 09, 2022
Markets
Singapore unveils over $1 billion in new measures to boost equity financing for high-growth enterprises
Trade and Industry Minister Gan Kim Yong hopes the new measures will “blow new wind into the sails of our private equity market”.
September 17, 2021
Startups, Entrepreneurs, Digital economy
Singapore biotech startup MiRXES startup raises $104.1 mil in funding
The funding from investors was led by CR-CP Life Science Fund, as well as Rock Springs Capital, EDBI & CCB International Holdings.
July 09, 2021
Markets
Staying private vs going public: What are their downsides?
Staying private means flexibility for companies to restructure while going public unlocks value for shareholders
May 07, 2021
Startups, Entrepreneurs, Digital economy
Eko.ai aims to disrupt cardiologists with AI
SINGAPORE (April 30): Until about three years ago, James Hare was happily retired and taking things easy. He had successfully listed an online travel start-up he co-founded and left the company to invest in several tech start-ups.
April 30, 2020
Company in the news
Cityneon gets EDBI boost as it looks to break into new markets
SINGAPORE (Aug 26): Cityneon Holdings, which was delisted from the Singapore Exchange (SGX) and privatised earlier this year, has gotten a shot in the arm from the investment arm of the Singapore Economic Development Board.
August 26, 2019
Startups, Entrepreneurs, Digital economy
ShopBack raises US$45 mil in latest funding round
SINGAPORE (Apr 10): ShopBack, the rewards and discovery platform, has secured US$45 million ($60.9 million) in its latest funding round, bringing the company’s total funding to US$83 million.
April 10, 2019