S’pore Food Tech Startup Shiok Meats Raises $17.27M – To Build World’s First Commercial Plant

Shiok Meats, the world’s first cell-based crustacean meat company based in Singapore, has raised US$12.6 million (S$17.27 million) in a Series A funding round. The Series A round is led by Aqua-Spark, the first investment fund focused on sustainable aquaculture. Other investors include SEEDS Capital (the investment arm of Enterprise Singapore), venture capital funds from…(Continue Reading)

SIA Scraps ‘Flight To Nowhere’ – To Launch A380 Plane Restaurant, Home Dining, Tours Instead

Singapore Airlines (SIA) has dropped its widely-publicised idea to launch “flights to nowhere” after the idea attracted criticism from people concerned about the environmental impact created by such flights. The airline conducted a market study and review, considering both environmental and financial viability before declaring that they had “no plans” to “revive the idea.” In…(Continue Reading)

Why S’pore Co-Living Startup Hmlet Pivoted To Offer Furniture Subscription, Interior Design

Singapore-based startup Hmlet was born out of a desire for accommodation that was flexible and convenient. In an interview with Vulcan Post, Yoan Kamalski, CEO and founder of Hmlet, said that in its initial years of operations, the startup focused on a centralised model of leasing buildings. The co-living operator used to directly rent, renovate,…(Continue Reading)

IMDA Partners S’pore Telcos To Create 1,000 Jobs In The 5G Industry By End 2020

The Infocomm Media Development Authority announced today (29 September) that 1,000 professionals will be hired or reskilled to support Singapore’s 5G rollout. Out of this figure, 300 will be new roles while the remaining jobs will be filled by telecom professionals who have up-skilled in 5G network, cybersecurity and solution engineering. Under the Techskills Accelerator…(Continue Reading)

Razer Fintech Partners Funding Societies To Roll Out Short-Term Loans To SMEs In SEA

Funding Societies and Razer Fintech announced today (29 September) a partnership to offer short-term business financing to merchants under Razer Merchant Services (RMS), Razer’s B2B platform. The first beneficiaries will be Malaysian micro, small and medium enterprises (MSMEs), including retailers, F&B vendors and online sellers. More than 20,000 of these MSMEs will be connected to…(Continue Reading)

S’pore Firm Sunseap Launches Green Mobility Biz – To Set Up 10,000 EV Charging Points By 2030

Singapore clean energy company Sunseap Group announced today (September 29) that it has set up a green mobility business called Charge+. With this new arm, it plans to install 10,000 electric vehicle (EV) charging points islandwide by 2030. Sunseap hopes that this move will be a “game-changer” in catalysing EV adoption in Singapore. This investment…(Continue Reading)