Saturday, May 21, 2022
Rainforest, an e-commerce buy & build company, has announced the acquisition of Millenium Enterprises including its flagship brand Naturebond, reputed to be one of Singapore’s rapidly-growing baby care brands. Company founder Jeffrey Chua will be an advisor at Rainforest and NatureBond’s existing team will join Rainforest. NatureBond was recently ranked...
Funding Societies has announced its Employee Stock Option Plan (ESOP) buyback for existing and former employees worth US$16 million (RM67 million). The ESOP buyback marks the fourth time this activity has been conducted by the FinTech platform. Prior, employees and company alumni have cashed out US$3.5 million (RM14.7 million)...
Funding Societies Malaysia has partnered with Malaysia Debt Ventures Bhd (MDV), a subsidiary of the Minister of Finance Inc (MOF Inc) and dedicated technology financier, to propel the country’s economic recovery by empowering high-potential technology-based start-ups and SMEs, in line with the Malaysia Digital Economy Blueprint. Recognising the potential synergy...
Singapore-based healthtech company MiyaHealth has raised S$6.5 million in a Pre-Series A round led by ST Engineering Ventures, the corporate venture capital arm of Singapore Technologies Engineering (ST Engineering) and Elev8, a deep-tech B2B focused VC Fund based in Singapore. Several prominent angel investors from the PE and Healthcare industries...

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