ELSA co-founder Vu Van

Monk’s Hill Ventures leads $3.2m round in language app ELSA


ELSA is a mobile app that uses artificial intelligence and speech recognition technology to help learners improve their English pronunciation.

Singapore energy startup Electrify raises $30m in token sale

Electrify claims to have received pledges of over $1.3 billion.

Singapore: AI data analytics platform Tuple Tech raises $1m seed funding

Other Singapore AI startups to recently raise funding include Active.Ai and Taiger.

Temasek subsidiary Ion to earn up to $1b by paring stake in South Korean firms

Ion Investments is selling part of its stake in South Korean pharmaceutical company Celltrion and distributor Celltrion Healthcare.

Singapore fintech chat app Consentium raises $10m via ICO, launches in Asia

The funding will be used to drive expansion for the chat app across Asia

Singapore’s hotel booking chain RedDoorz eyes SE Asia expansion after raising $11m

The funding round saw additional investment from Asia Investment Fund of Sushquehanna International Group, IFC, InnoVen Capital, and Jungle Ventures

Vertex Ventures leads $5m round in India’s Hotelogix

Early investors Accel Partners and Saama Capital also invested in the round.

Genting-backed Singaporean pharma startup TauRx claims $2.5b valuation

Funded by investors including casino operator Genting, TauRx Pharmaceuticals is embarking on its latest trial to find a cure for Alzheimer’s.

REAPRA-backed Tribe Theory launches Venture Hotel for startups in Singapore

Tribe Theory says it aims to fulfil the need for connectivity and affordable accommodation for entrepreneurs by creating a new category in hospitality.

Microsoft to buy solar power from Singapore’s Sunseap in first Asia renewable deal

Microsoft will purchase 100% of the electricity generated from Sunseap’s 60 MW-peak solar power project for 20 years for its Singapore data operations.