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Home Monthly Roundup Singapore Tech News Roundup May 2021

Singapore Tech News Roundup May 2021

Discover the most-talked-about tech news headlines in Singapore this May 2021. 

M1 Unveils its New Identity, Striving to Be a Digital Telco

M1 Unveils its New Identity, Striving to Be a Digital Telco

Singaporean telecommunications company M1 Limited unveils a brand new identity to become the country’s very first digital network operator. 

Ride-Hailing Firm Grab to Increase Fares by $1

Grab, a Singaporean multinational company will raise its basic fares for most of its transport offerings by $1 from June 1 to June 30. 

Singaporean Startup Hoolah Announces Tie-Up with SaaS Firm BridgerPay

Singaporean Buy-Now-Pay-Later (BNPL) startup Hoolah announced its partnership with FinTech firm BridgerPay, This will provide Singaporean, Malaysian and Hong Kong citizen merchants a hyper-localised payment platform.

Engine Biosciences Banks $43M in One of the Largest Series A Rounds in Singapore’s BioTech Space

Engine Biosciences, a Silicon Valley and Singapore-based biotech company will expand its digital drug discovery pipeline with $43 million round funding support. 

Microsoft’s VC Arm Infuses US$6.25M to Singapore Startup NextBillion.ai

NextBillion.ai, a Singapore startup Artificial Intelligence-powered hyperlocal solutions has added US$6.25 million more to its war chest from Microsoft’s venture capital fun M12. The amount will be used by the company for expanding into new domains such as neuro-linguistic programming and facial recognition.

Impress.ai Raises US$3M to Improve Hiring Process for Recruiters

Impress.ai, a Singapore-based AI chatbot for hiring has raised US$3 million in a pre-series A funding round led by Summit 29K. The newly raised capital will be used for product development, hiring, and expansion across Australia, Hong Kong, and Taiwan.

500 Startups and Enterprise Singapore to Launch a New Virtual Programme

Global venture capital firm 500 Startups has partnered with Enterprise Singapore (ESG) to launch a new virtual programme, called 500 Ignition Singapore, an initiative that will help entrepreneurs to build innovative ventures from scratch.

Singapore’s E-Scooter Rental Startup Neuron Mobility Launches in Canada

Neuron Mobility, a Singapore headquartered rental electric scooter operator has launched in Canada, after winning a contract to operate in Ottawa.

Grab to Introduce First Indoor Robot Runner Service in Singapore

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Multimedia Messaging Service (MMS) to End After Mid-November

Multimedia messaging service (MMS) will no longer be offered by telcos in Singapore after the middle of November of this year. When this happens, ...

Singapore Deploys Robots to Deter Poor Social Behaviour

Singapore has started rolling out robots to patrol public areas with high foot traffic and deter undesirable social behaviours. For a three-week trial period...

Singapore to Fine-Tune its Foreign Worker Policies

According to Singapore Prime Minister Lee Hsien Loong, the government is set to adjust the city’s foreign worker policies to address issues accepting overseas...

Singapore’s Tech Startups Raised $5.3B in the First Half of 2021, Up From $3.4B in 2020

From $3.4 billion last year, tech startups raised $5.3 billion in the first half of 2021 despite the challenges brought by the COVID-29 pandemic....