The coronavirus has wreaked havoc for startups around the world, with unprecedented employee layoffs and steep declines in startup financing. Global lockdowns are disrupting industries and altering consumer behaviour, with many of these changes likely to persist beyond the current...

In physics, inertia is defined as an object’s resistance to a change in velocity. Humans and businesses alike tend to resist change until they come up against an unstoppable force such as a really big object, a great stimulus, or, more recently, the COVID-19 pandemic.  Many F&B...

SEEDS Capital, the investment arm of Enterprise Singapore, along with other six co-investment partners, has unveiled its plans to invest US$36 million into maritime tech startups, Sea Trade Maritime has reported. The partners are Schultz Group’s capital arm Innoport, Kuok Singapore’s venture...

The NBA’s strategy of using luxury wearable devices to detect and prevent COVID-19 among basketball players looks awfully good on paper. It also torments us by both suggesting a techno-silver bullet as well as offering a view on how the rich and...

ICE71 (Innovation Cybersecurity Ecosystem at BLOCK71), Singapore’s hub for cybersecurity entrepreneurs and startups, has introduced the nine startups graduated from its accelerator programme, ICE71 Accelerate. These startups are focussed on the topic of the increasing cyber threats related to...

Grab puts partnership with scandal-hit German firm Wirecard on hold Grab said it has put a partnership with German payments company Wirecard on hold, days after it disclosed a US$2.1 billion financial hole, says a Reuters report. The two companies had signed an agreement in March under which...

Singapore-based new protein startup Shiok Meats invests in Indian counterpart Evo Foods Singaporean cell-based meat company Shiok Meats has invested an undisclosed amount of funding in Evo Foods, according to Greenqueen. Terms of the investment were not disclosed. The India-based startup was...