Tembusu Terminals Pte has set up the first Bitcoin ATM in Singapore just days after Japan-based Bitcoin exchange Mt. Gox went offline because of possible theft, Bloomberg reported.
Singapore
Singapore-based Joyful Frog Digital Incubator secures $2.1M
Seed accelerator Joyful Frog Digital Incubator or JFDI.Asia was able to secure$2.1 in new funding led by Infocomm Investments and participated in by SpinUp Partners and Fenox, TechCrunch reported.
Singapore-based Luxola secures $10M in round led by Transcosmos Inc
Japan-based Transcosmos Inc led the $10 million funding round for Singapore-based online beauty products platform Luxola Pte Ltd, a statement about the investment said.
Robocoin plans to launch Bitcoin ATM in more locations worldwide
Robocoin, the Bitcoin ATM manufacturer that first launched its crypto-currency machine in Canada, will be shipping more Bitcoin ATMs this month in other worldwide locations, TechCrunch reported.
Singapore-based Drive.SG secures $790K in Series A round
Singapore-based online car rental website received $790,000 in its Series A funding round from Insas Berhad, an investment holding firm based in Malaysia, TechCrunch reported.
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Singapore-based business consortium DDB Group Asia Pacific acquired Bangalore, India-based digital marketing firm 22feet for an undisclosed amount in a bid to be the leader in the development of India's digital marketing solutions industry.
Singapore-based data analytics firm Crayon Data secured INR7.3 crore in a venture round from Jungle Ventures and Spring Seeds Capital for its expansion into the US, UK, Middle East, and China.
The venture capital arm of Tokyo-based Internet firm Rakuten, Rakuten Ventures, led the Series A round for Singapore-based ViSenze which raised $3.5 million, TechCrunch reported.
Social entertainment website mig33 has purchased AlivenotDead. a community that enables celebrities to reach their target audience, TechCrunch reported. Financial terms of the deal were not provided.
Melbourne, Victoria-based diamond mining firm Merlin Diamonds raised $2 million by selling 26 million of its shares at $0.75 apiece to Singapore-based investment holding firm Blumont Group for the development of its diamond mine in the Northern Territory of Australia.
Fidelity Worldwide Investment's Head of Asian Fixed Income Sabita Prakash has left the firm, according to a source interviewed by Reuters and confirmed by a company spokesman.
Planemakers are looking forward to inking billions of dollars in deals at an aerospace gathering in Singapore next week despite worries about the turmoil in emerging markets, Reuters reported.
Bukit Batok Crescent, Singapore-based fruit and produce firm Sunmoon Food Company has agreed to buy $250,000 (S$317,200) worth of stocks in Nevada, US-based beverage company True Drinks Holdings at $4 apiece.
The Singaporean government launched iSTART, a financing program designed to fund the expansion of local telecommunication and mobile app startups into Indonesia, which could potentially be an avenue for growth for the Singaporean and IT industry.
