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Singapore’s JustCommodity raises S$5.6 million in Series A round

12 April 11

Singapore-based commodity trading software company JustCommodity announced  today funding of S$5.6 million from Extream Ventures, OWW Capital Partners and Infocomm Investments to expand its product offerings. JustCommodity is a leading software solutions provider catering to the commodity trading industry, particularly for the trading of edible oils. The company has a strong customer base in Asia including some big firms such as, Cargill Sime Darby, Asian Agri, Cargill...

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mig33 relocates its base to Singapore

21 January 10

mig33 has relocated its base from Silicon Valley to Singapore.  Supported by the Infocomm Development Authority (IDA) in its engineering centre set-up in Singapore, it plans to grow and expand its presence in Singapore and in the region. IDA provides developmental support for start-ups like mig33 to establish their engineering bases in Singapore. This is part of IDA's efforts to develop Singapore as an innovation hub for entrepreneurial activities by VC-funded startups. Re...

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New funding opportunities for technology startups in Singapore.

31 December 09

Seven new incubators have been selected to participate a co-investment funding scheme by the National Research Foundation. They include well-known Silicon Valley-based incubator, Plug & Play and Social Slingshot, an incubation set-up by Brad Greenspan, founder of MySpace.com.  Under the Technology Incubation Scheme (TIS), the government will provide up to 85 percent co-investment in each start-up identified by the incubators, capped at $500,000 per company while the in...

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i-POP gets funding; looks to expand across Asia

12 June 09

i-POP Networks Pte Ltd announced on 11 June 2009 that it had completed a round of venture funding led by Singapore-based Mingly Corporation Singapore (part of Hong Kong's Mingly Corporation), with participation from Infocomm Investments.  With this funding, i-POP will push ahead with expansion across Asia, India, and the Middle East, delivering mobile content and integrated services for some of the world's top media companies, mobile operators and content providers. Read ful...

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IDA to provide funding to boost contactless E-payments

18 April 09

CONTACTLESS e-payment, using mobile phones to tap and pay for everyday items and services for instance, is set to get a further leg up with a new government initiative. The Infocomm Development Authority of Singapore (IDA) yesterday issued a call for collaboration (CFC) to boost the presence of contactless point of sales (POS) terminals in Singapore, giving consumers more outlets to make e-payments in future. Read the full story here...

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