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Start-ups

GIC-backed Thai start-up considering IPO in Hong Kong or New York

Line Man Wongnai raised US$265 million in a funding round in 2022, led by Singapore’s sovereign wealth fund GIC and Naver, propelling its value to more than US$1 billion. The company has about 10 million monthly active users.
Line Man Wongnai raised US$265 million in a funding round in 2022, led by Singapore’s sovereign wealth fund GIC and Naver, propelling its value to more than US$1 billion. The company has about 10 million monthly active users.

India seeks Singapore capital to fuel its ambitious private space sector

Dr Pawan Goenka was in Singapore on Feb 3 for Singapore’s inaugural Space Summit to generate interest in India’s space start-ups among local investors.
Dr Pawan Goenka was in Singapore on Feb 3 for Singapore’s inaugural Space Summit to generate interest in India’s space start-ups among local investors.

S’pore to encourage firms to take more risks to capture growth opportunities amid changing world

(From left) Singapore Acting Minister for Transport Jeffrey Siow, DPM Gan Kim Yong and Acting Minister for Culture, Community and Youth David Neo speaking to the media about the ESR on Jan 29.
(From left) Singapore Acting Minister for Transport Jeffrey Siow, DPM Gan Kim Yong and Acting Minister for Culture, Community and Youth David Neo speaking to the media about the ESR on Jan 29.

Poly student’s digital fix for motorcycle retailer leads to co-founding of S’pore start-up

(From left) Vice-chairman of SCCCI's technology committee Lim Chee Kean, Auto Machinery director Danny Hoe, Nanyang Polytechnic student Teo Yu Xiang and Nanyang Polytechnic lecturer Li Haiyun during a fireside chat at a tech symposium organised by SCCCI on Jan 21.
(From left) Vice-chairman of SCCCI's technology committee Lim Chee Kean, Auto Machinery director Danny Hoe, Nanyang Polytechnic student Teo Yu Xiang and Nanyang Polytechnic lecturer Li Haiyun during a fireside chat at a tech symposium organised by SCCCI on Jan 21.

From music to mind reading: AI start-ups bet on earbuds

Naqi Logix's Neural Earbuds are equipped with ultra-sensitive sensors that detect tiny movements.
Naqi Logix's Neural Earbuds are equipped with ultra-sensitive sensors that detect tiny movements.

As AI adoption rises, job fears grow across the US

A billboard in New York that sparked a widespread backlash through its provocative "Stop Hiring Humans" message.
A billboard in New York that sparked a widespread backlash through its provocative "Stop Hiring Humans" message.

Welcome to the office. Now take off your shoes

Some start-ups, blurring the lines between home and office, are embracing a “no shoes” policy.
Some start-ups, blurring the lines between home and office, are embracing a “no shoes” policy.

Meta to acquire Singapore-based AI start-up Manus, said to be for $2.56 billion

Manus, which was founded in China before moving to Singapore, sells an AI agent to businesses via a subscription service.
Manus, which was founded in China before moving to Singapore, sells an AI agent to businesses via a subscription service.

The new (young) billionaires of the AI boom

Alexandr Wang and Lucy Guo founded Scale AI, a data-labelling start-up that received a US$14.3 billion (S$18.4 billion) investment from Meta in June.
Alexandr Wang and Lucy Guo founded Scale AI, a data-labelling start-up that received a US$14.3 billion (S$18.4 billion) investment from Meta in June.

Nvidia expands AI empire with Groq tech and talent grab

Nvidia's deal with Groq reflect the recent trend of tech giants acquiring technology and talent without full acquisitions.
Nvidia's deal with Groq reflect the recent trend of tech giants acquiring technology and talent without full acquisitions.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.