Data Republic raises $16m in Series B funding from Singtel Innov8, Qualgro, others

Photo: Data Republic

By Kristie Neo

December 4, 2018

Data-sharing platform Data Republic is raising $16.2 million (A$22 million) in a Series B funding round led by Singtel Innov8, the corporate venture arm of Singtel Group. Other investors include Singapore Airlines and existing investors, Qualgro, ANZ, Reinventure and Ryder Innovation Fund.

The Sydney-based firm last raised its $10.5-million Series A round in 2016 backed by Qantas, National Australia Bank and Westpac.

Data Republic offers a platform called Senate, which aims to provide comprehensive legal governance and licensing workflows for companies when sharing data. It also aims to do this securely. Data Republic’s clients currently include major banks, governments and other brands in aviation, retail and media across Australia, Singapore and the United States.

Danny Gilligan, co-founder, Data Republic, said: “As markets around the world struggle with regulatory trade-offs between privacy and innovation, we are proud to be delivering data sharing infrastructure which proves it’s possible to deliver higher levels of data driven innovation while, at the same time, increasing the privacy and security controls in data.”

George Wang, Senior Vice President for Information Technology at Singapore Airlines, said: “Our investment in Data Republic highlights our commitment to data innovation through a platform which leverages technology to ensure data security and privacy and further enhance our digital capabilities.”

Data Republic has offices in Sydney, Singapore and Los Angeles.

 

Also Read:

Australia: Qantas, NAB, Westpac invest $10.5m in Data Republic

Singapore’s Qualgro marks first close of $100m second ASEAN fund

 

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW