- Investor Bulletin: February 2019
- Investor Bulletin: January 2019
- Investor Bulletin: Year-End (November & December 2018)
- Investor Bulletin: October 2018
- Investor Bulletin: September 2018
- Investor Bulletin: August 2018
- Investor Bulletin: July 2018
- Investor Bulletin: June 2018
- Investor Bulletin: May 2018
- Investor Bulletin: April 2018
- Investor Bulletin: March 2018
Investor Bulletin - February 2019
We would like to take this opportunity to announce the appointment of Mr Kevin Foo as the new Chief Investment Officer (CIO) and welcome him on board.
Kevin brings with him extensive experience in VC investment and startup/entrepreneurial ecosystem to the management team. His appointment comes at an ideal time when Fund Singapore is solidifying the investment strategies of our entities across Asia-Pacific. (Read: Press Release)
Prior to joining Fund Singapore, Kevin served as Head of Investment of Cap Vista, the strategic investment arm of Defence Science and Technology Agency (DSTA), a statutory board of the Singapore Ministry of Defence.
Since his joining, Kevin has represented Fund Singapore as a panellist on several industry-wide mentoring and learning entrepreneurship events hosted by our partners like ICE71. Check out Kevin’s profile and the events in the articles below —
Investor Bulletin - January 2019
First and foremost, Fund Singapore would like to wish you Happy Lunar New Year! May health, and wealth always come your way.
After the successful listing of Biolidics Limited (previously ClearBridge BioMedics) in December 2018 on Singapore's Exchange Catalist Board, our investment team has begun tying down share arrangements with each individual investor. We would like to take this opportunity to again thank our investors for their support and trust into Fund Singapore's vision of providing funding to local businesses.
Here are more updates for the month of January -
Before you unwind for the Holidays, we would like to take this opportunity to thank you for your support in 2018. Because of your continued support, 2018 has been an outstanding year of growth for the Fund Singapore. We wish you a happy Holiday Season and a great New Year’s celebration.
To conclude this business year, we would like to give you an End-of-Year Rundown of our activities, events and business developments.
Crowdfunding has become a thriving and durable growth industry in Asia. Globally, funds raised via crowdfunding have total over US$9.4B in the first half of 2018 over approximately 8.8M campaigns.
Did you know that crowdfunding in Asia – albeit still in its infancy – is poised to catch up quickly at a continued growth rate averaging 30% year-on-year from 2018-2022? Transaction value in APAC alone hit a stunning US$7.6B between 2017 and 2018 – about 85% of global deals.
Unveiling of a larger management office
Campaign Success Story
The IPO proceeds will be used to develop the clinical applications and clinical services customer segment for Biolidics’ products, as it has sold them mainly to academic and research institutions so far.
Fund Singapore will be working closely with Biolidics Limited to explore other collaborative opportunities in the future such as the offering of their services to our investors.
From Singapore to the region
Awards and Accomplishments
Moreover, Fund Singapore won the top award for ‘Most Preferred Crowdfunding Platform’ in Singapore by The Business Times and ShareInvestor Awards. Once again, a big thank you to our existing and new investors who got involved either by casting votes or visiting our exhibition booth.
What’s makes Fund Singapore Unique?
Investor Bulletin - October 2018
I’m also thrilled to announce Matthias Yeo joining us as Chief Innovation Offer. Matthias joins Fund Singapore following 4 years at Symantec Corporation where he was the Chief Technology Officer (CTO) for APAC. During his tenure with Symantec, he played a leading role in driving the organization’s solution strategy and technology vision throughout Asia Pacific.
The timing of his joining us could not have been more perfect given that we have expanded across Asia Pacific. We hope to leverage on Matthias’ formidable cross-disciplinary expertise amassed after 20 years in the tech industry. Moving forward, Matthias will be responsible for spearheading the development of our innovation arm that is crucial in facilitating our expansion deeper into APAC. Fund Singapore is working on building a unified technology platform using artificial intelligence and blockchain that will seamlessly connect its entities’ operations in Asia.
(Press release: Fund Singapore Announces Matthias Yeo as Chief Innovation Officer)
WHAT'S NEXT FOR FUND SINGAPORE?
We recently launched a revamped version of our website that is even more secured than before. Upon logging in, investors can participate in any one of our active campaigns using eNets, DBS iBanking Bill Payment or by topping up the eWallet associated with their account. Whether you are an institutional, accredited or retail investor, you may continue investing with ease and in confidence knowing that our team takes pride in exceeding both expectations and standards set by the MAS.
Investor Bulletin - May 2018
Fund Singapore moves towards setting up a second regional office
Talks began mid-2017 when Fund Singapore was invited to set up a subsidiary in Tokyo by the Tokyo Metropolitan Government (TMG). After nearly a year of planning and discussions, Fund Singapore took our first working trip to Japan, with connections now established across 4 major cities in the Kanto and Kansai region. Throughout the trip, we were honoured to have the Japan External Trade Organization (JETRO) and representatives from Enterprise SG accompany us for some of these meetings.
In the Kansai region, discussions were held with the Osaka Innovation Hub (established by Osaka City Government), as well as the Osaka International Business Promotion Centre. With great support from the officials, Fund Singapore is potentially setting up our second Japan regional office in Osaka.
While Osaka is well known as an innovation hub, Kyoto is strongly reputed as the business centre of Kansai region, where many business activities and SMEs are established along with on-going researches. In Kyoto, Managing Director of JETRO Kyoto joined Fund Singapore in our meeting with the City of Kyoto – Industry and Tourism Bureau, where we were introduced to Kyoto Makers Garage, an accelerator with a strong understanding of the startup eco-system in Kyoto.
Building on our belief that no good company or startup should be allowed to fail due to the lack of funding, Fund Singapore took the opportunity of this trip to also get connected to the several leading banks, incubators and universities in Japan. The University of Tokyo, Tokyo Institute of Technology, Mitsubishi UFJ Capital, Resona Bank, FinoLab just to name a few. Fund Singapore shared our strategy & roadmap, where we received enthusiasm in promising partnerships for investment and funding of these research and advanced technologies made available by the Universities.
Investor Bulletin - April 2018
PEEL BUSINESS PARK
Fund Singapore (FS) is working closely with the Peel Development Commission (PDC) and Murdoch University to potentially invest and develop a 290ha agri-tech industrial business park in the Peel region. This business park is envisioned to be the “food bowl” of Asia whose demand for food has been increasing over the past years significantly.
Discussions with PDC started in early October 2017 when PDC, along with Murdoch Singapore, met up with Economic Development Board Singapore (EDB) to outline the potential of the Peel Business Park. The Western Australia government’s vision is to maximise the value of the business park and its surrounding regions, with a land expansion target of 1,000 ha. Till date, the government has committed more than AUD 49 million in funding to facilitate and support the infrastructure of the business park, showcasing many state-of-the-art features and technologies.
FS CAMPAIGNS IN THE PEEL BUSINESS PARK
As a potential key stakeholder in the Peel Business Park, FS has plans to use ManukaLife, a company FS already invested in, as its showpiece to Asia. This is still in the concept development phase and talks are still in progress. ManukaLife is one of the pioneers in the agri-tech business in Australia and is leading the change in the industry with its R&D breakthroughs and successes. With a potential to incorporate food traceability, bio-secure environment, downstream high value processing, and manufacturing, ManukaLife is an ideal reflection of the Peel Business Park vision.
During the meeting with LandCorp Western Australia, FS proposed the potential concept of using ManukaLife as the “poster boy” of the business park. LandCorp subsequently engaged Mackay Design (who was involved in the new Perth Stadium) to design the case model of ManukaLife in the business park. Below is an artist impression from the concept master plan dated Jan 2018.
To access campaign details, click here!
Investor Bulletin - March 2018
Fund Singapore Completes Funding of Equity Investment Campaign Structured for Qualified Retail Investors in Singapore
Fund Singapore (FS) COMPLETED the funding of Singapore’s first retail equity
The campaign involved raising funds for 20% shareholdings in ManukaLife Pty Ltd (ManukaLife), a company incorporated in Western Australia (WA). Manukalife has invested heavily in research and development to produce medical grade manuka honey from tea trees (also known as Leptospermum plants). Medical grade manuka honey is highly sought after by pharmaceutical and cosmetic firms all around the world due to its well-known healing and medicinal properties.
Completing the funding campaign was no easy feat. The team conducted a total of 12 presentations to qualified investors from all walks of life, introducing them to the concept of crowdfunding and the potential of equity investments, traditionally available only to the accredited and institutional investors.
Chief Executive Officer,
“While crowdfunded securities, like any investments, have its risk, investors can now have direct access and make their own decisions whether to invest.”
Indeed, Fund Singapore is revolutionizing the financial services industry. Fund Singapore works closely with many universities to source for exciting investment opportunities across the Asia Pacific.
To access campaign details, click here!