Daily Briefing: SSTL launches accelerator for space tech startups; Deep tech company Dathena eyes US expansion

And venture builder Antler has raked in $103.9m investments since September 2019.

From e27:

Singapore Space Tech Limited (SSTL) has announced the launch of Project Cyclotron in this year’s Global Space and Technology Convention (GSTC) in Singapore.

The programme will provide regional space and deep tech startups with insights, skill sets, and resources to become commercially viable.

The initiative is launched in collaboration with Cap Vista, the strategic investment arm of Defence Science and Technology Agency (DSTA).

Starting from 6 February, the programme will take in 10 companies and applications.

Read more here. 

From e27:

Singapore-based deep tech firm Dathena expands operations in the United States with the official opening of its New York headquarters in Lower Manhattan.

The launch of the office was meant to grow and support existing North American customers, according to a press statement.

The US headquarters will primarily focus on the financial and healthcare sectors.

The company plans to hire a local team of 15 people across sales, customer success and marketing functions.

Read more here. 

From DealStreetAsia:

Singapore-based venture builder and early-stage venture capital firm Antler announced that it has raised investments, with UK-based asset manager Schroders, Norwegian firm Ferd, and FinTech Collective participating in the funding.

The firm did not disclose the amount of the new investment but revealed that it has raised the total funds it secured over the past six months to more than $103.9m ($75m).

In January, the firm raised $67.4m (US$50m) from investors including Facebook co-founder Eduardo Saverin, Elaine Saverin, and Norwegian investor Christen Sveeas via Kistefos.

Antler had launched funds across Amsterdam, London, New York, Stockholm, Sydney, Nairobi, and Singapore.

Read more here.
 

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.