KPMG acquires mobile app developer Rainmaker Labs’s businesses in Singapore, Vietnam

Backed by Singapore’s National Research Foundation, Rainmaker’s investors consist of angel investors, corporate entities and early-stage VC firm IncuVest 

Today's top tech news - December 4th

Today's tech news had award-winners, new OTT shows and Bitcoin continues to dominate 

Singtel, NRF and NTU to establish US$31.3M AI lab in Singapore

The new lab will be called the Singtel Cognitive and Artificial Intelligence Lab for Enterprises (SCALE@NTU) 

Singapore govt announces initiatives to help deep tech, research agencies, go to market

Heng Swee Keat, Minister for Finance and Deputy Chairman of the National Research Foundation, made the announcements at the opening of SWITCH 

After Sequoia departure, Yinglan Tan raises US$25 million for first fund

Yinglan Tan was known to be raising money for his first fund; now the details are in 

Companies announced for Singapore NRF's US$29M venture capital fund

CapitaLand Limited, DeClout Limited, Wilmar International Limited and YCH Group Pte. Ltd. will participate in the latest iteration of the NRF's Early Stage Venture Fund 

A sunrise industry: Singapore's YCH Group launches US$14.6M venture fund for logistics startups

Singapore's National Research Foundation revealed today a new venture capital fund, take a look at details for one of the participants 

Psst! A new S$40M (US$29.2M) government fund for Singaporean startups will be unveiled next week!

It will be announced at InnovFest unBound 2016; which will also feature 350 tech innovations and start-up exhibits from across the world 

Singapore's NRF announces new US$28.3M fund to boost startups

The National Research Foundation will not be directly investing in startups; rather it will match funding from large VCs in an effort to incentivise investments 

Singapore-based CloudDesk secures US$418K in funding

It will use the capital to acquire new technologies, expand regionally, and enhance its products