EDBI

LXA is a fintech venture focused on reimagining Asia's mortgage ecosystem. Geared towards matching institutional capital pools and residential mortgage borrowers, this platform aims to utilize end-to-end technology to streamline the entire mortgage lifecycle, from loan origination and borrower processing to loan servicing. LXA was founded in early 2023 by seasoned executives across the asset management, insurance, mortgage, and technology industries to bridge the gap between mortgage assets and institutional capital in Asia, beginning with Singapore. Combining best practices from North American and European markets with a proprietary technology platform focused on digital credit decisioning and intelligent workflow orchestration, LXA provides the first of its kind solution to address strong demand from Asian insurers and borrowers for differentiated mortgage products.

MiRXES Pte. Ltd., founded in 2014 and based in Singapore, specializes in life science research tools and molecular diagnostic tests for both research and clinical applications. The company has developed a leading microRNA (miRNA) detection assay platform designed to identify cancer at asymptomatic stages. Its product offerings include RT-qPCR assays, assay panels, spike-in RNA kits, and solutions for biomarker discovery. By focusing on early cancer detection, MiRXES provides healthcare professionals with essential diagnostic tools to improve clinical outcomes through timely intervention.

Thunes is a global B2B payment infrastructure platform established in 2016, specializing in cross-border payment solutions. It facilitates seamless fund transfers between various payment systems, catering to a diverse range of clients, including major players in the gig economy and fintech sectors. The platform enables businesses and consumers to send and receive payments in 80 currencies across 132 countries, supporting 300 payment methods. Thunes offers a suite of services including remittance processing, mass payouts, virtual accounts, and payment collection, utilizing application programming interfaces (APIs) to enhance accessibility and reduce transaction costs. In April 2022, the company expanded its capabilities by acquiring a controlling stake in Tookitaki, a compliance platform that strengthens its anti-money laundering and fraud prevention measures. Headquartered in Singapore, Thunes operates regional offices in key global cities such as London, Paris, and Dubai, positioning itself as a vital player in the international payment landscape.

Lionsbot is a Singapore-based robotics company specializing in developing cleaning robots for commercial, industrial, and public spaces. The company's founders leverage their expertise in cleaning and robotics to create highly versatile robots, with all software and hardware developed in-house. Lionsbot aims to transform everyday living by providing smart cleaning solutions that clients love.

Doctor Anywhere is a Singapore-based telehealth company that provides on-demand healthcare solutions. Its digital platform offers quick access to health and wellness services, optimized for convenient lifestyle management.

Founded in 2016, Fazz is a Singapore and Indonesia-based company that empowers merchants from small businesses to large corporations across Southeast Asia. It offers Fazz Agen, serving micro and small enterprises, and Fazz Business, providing payment solutions, capital growth opportunities, and funding access.

Founded in Singapore in 2021, RVAC Medicines is a biotechnology company specializing in the development of novel mRNA vaccines and therapeutics. It focuses on addressing unmet medical needs, particularly in emerging markets, through its cutting-edge GMP manufacturing facilities and platform technologies.

Us2.ai specializes in developing artificial intelligence-driven software and digital tools for echocardiography. Based in Singapore, it offers online solutions to simplify access to echo analysis results and heart ultrasound.

MiRXES Pte. Ltd., founded in 2014 and based in Singapore, specializes in life science research tools and molecular diagnostic tests for both research and clinical applications. The company has developed a leading microRNA (miRNA) detection assay platform designed to identify cancer at asymptomatic stages. Its product offerings include RT-qPCR assays, assay panels, spike-in RNA kits, and solutions for biomarker discovery. By focusing on early cancer detection, MiRXES provides healthcare professionals with essential diagnostic tools to improve clinical outcomes through timely intervention.

Modalku is an online marketplace based in Jakarta, Indonesia, designed to connect small businesses seeking loans with lenders looking to fund these loans. By leveraging technology, Modalku offers borrowers access to financing options that may not be available through traditional channels, often at lower interest rates. Lenders participating in the platform can achieve returns that surpass those typically found in bank deposits and traditional investment products. This marketplace lending model has been successfully implemented in various countries, including the USA, UK, China, and Singapore, demonstrating its effectiveness in supporting small business growth.

Next Gen Foods is a food-tech startup that offers plant-based meat products. Its plant-based products look and taste like meat and are developed using agricultural food ecosystems helping consumers to have foods that are rich in protein and nutrients. The company was founded in 2020 and is headquartered in Singapore.

Funding Societies, established in 2015 and headquartered in Singapore, operates a digital financing platform that connects small and medium-sized enterprises (SMEs) with investors. The company facilitates business loans, focusing on quick and efficient financing solutions, often bypassing traditional banking methods. It offers a range of flexible financing options, including micro and term loans, and invoice financing, using advanced credit scoring and risk assessment models. With operations across Southeast Asia, including Singapore, Malaysia, Indonesia, and Thailand, Funding Societies caters to SMEs seeking accessible and timely financing.

ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.

MiRXES Pte. Ltd., founded in 2014 and based in Singapore, specializes in life science research tools and molecular diagnostic tests for both research and clinical applications. The company has developed a leading microRNA (miRNA) detection assay platform designed to identify cancer at asymptomatic stages. Its product offerings include RT-qPCR assays, assay panels, spike-in RNA kits, and solutions for biomarker discovery. By focusing on early cancer detection, MiRXES provides healthcare professionals with essential diagnostic tools to improve clinical outcomes through timely intervention.

NEON is a global leader specializing in creating and producing immersive experiences. It partners with renowned brands like Disney, Marvel, NBCUniversal, and Warner Bros., as well as governments for original artifact exhibitions. NEON has brought compelling experiences to millions of visitors across over 60 cities worldwide.

Vesta Corporation is a provider of electronic payment solutions, specializing in client-branded services that enhance payment processing for merchants. The company offers a range of merchant solutions, including vSafe for Small to Midsize Businesses, which focuses on payment and fraud protection for smaller digital goods merchants, and vSafe for Enterprise, designed for comprehensive payments management and enterprise-level fraud prevention. Additionally, Vesta provides vGuaranteed, a payment solution tailored for online retailers, and DelayPay, a retail installment program that allows prepaid wireless customers to pay for services in installments. Founded in 1995 and headquartered in Lake Oswego, Oregon, Vesta operates globally, with centers in the United States, Ireland, China, and an office in Singapore. The company serves diverse industries, including e-commerce, telecommunications, and financial services, processing hundreds of millions of secure payments across various channels while prioritizing data security and fraud loss elimination.

Founded in Singapore in 2016, Transcelestial develops high-speed wireless communication networks using laser technology. Its space data network aims to transmit data up to 1000x faster than current methods for terrestrial and satellite applications.

Doctor Anywhere is a Singapore-based telehealth company that provides on-demand healthcare solutions. Its digital platform offers quick access to health and wellness services, optimized for convenient lifestyle management.

ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.

NEON is a global leader specializing in creating and producing immersive experiences. It partners with renowned brands like Disney, Marvel, NBCUniversal, and Warner Bros., as well as governments for original artifact exhibitions. NEON has brought compelling experiences to millions of visitors across over 60 cities worldwide.

Circles.Life is a Singapore-based digital telecommunications company offering post-paid mobile and internet data services through subscription-based data plans. It provides a mobile app to monitor usage, manage costs, browse and purchase plans, and switch between plans, with a focus on flexible, no-contract offerings and a strong customer experience.

ShopBack is a leading online shopping platform in Southeast Asia that focuses on enhancing consumer purchasing decisions through cashback and rewards. Operating in several countries including Singapore, Malaysia, Indonesia, the Philippines, Thailand, and Taiwan, the company facilitates over 1,000 orders per hour by offering up to 30% cashback on purchases made through its platform. With a portfolio of over 1,300 merchant partners such as Uber, Expedia, and Lazada, ShopBack provides consumers with curated deals while simultaneously delivering effective marketing solutions for its business partners. The company is recognized for its impact in the industry, having received multiple awards, including accolades for Best Start-up and Best Innovative Infocomm Products at the Singapore Infocomm Technology Federation Awards, as well as the Emerging Enterprise Award, highlighting its role in enriching the shopping experience for consumers.

Carro is an automotive marketplace that offers a full-stack service for all aspects of car ownership. It challenges the traditional way of buying and selling of cars through a proprietary pricing algorithm. Carro also provides a range of services that offer everything a car owner needs throughout their car ownership journeys such as an in-house financing solution warranty options and Singapore’s first on-demand roadside recovery platform. The company was founded in 2015 and is headquartered in Singapore.

Carousell is a Singapore-based classifieds marketplace that enables peer-to-peer buying and selling of preloved items through a mobile app available on iOS and Android. The platform supports categories such as fashion, gadgets, home and living, and cars, allowing users to create free listings by snapping a photo and posting a description. Launched in August 2012 in Singapore, Carousell has expanded to about 19 cities across seven countries, pursuing a simple, community-driven selling experience. The service has been recognized as a leading shopping app in several regions and has attracted investment from notable venture-capital firms to fuel its growth.

Zimplistic, founded in 2008 by Rishi Israni and Pranoti Nagarkar, is a kitchen robotics startup focused on improving healthy eating through innovative technology. Its flagship product, Rotimatic, is the world's first fully automatic roti-making appliance that uses artificial intelligence to create fresh, homemade flatbreads with minimal human intervention. Launched in 2016, Rotimatic processes essential ingredients and produces hot, delicious rotis in under a minute, offering a user-friendly solution for busy households. The appliance has gained significant popularity, serving over 3 million rotis in thousands of homes by mid-2017. Available in several countries including Singapore, the US, the UK, Canada, Australia, and New Zealand, Rotimatic aims to simplify meal preparation and promote healthier eating habits by enabling users to enjoy homemade food made from carefully selected ingredients.

H3 Dynamics develops hydrogen-based propulsion and energy solutions for aerospace and defense, including hydrogen-electric fuel cell systems for airport operations and aircraft, with applications from extending the range of small electric UAS to powering MW-scale passenger aircraft, and on-site hydrogen production and refueling for airports and remote drone operators. The company also designs telerobotics drones and cloud-based analytics that convert imagery, video, LiDAR, and other sensor data into expert-validated inspection reports for asset owners, operators, contractors, and financial services firms, enabling real-time response and actionable insights. With more than 16 years of research and development experience, H3 Dynamics maintains a global footprint across multiple regions.

Knewton, Inc. is a developer of an online adaptive learning engine based in New York, with additional offices in London, Tokyo, Singapore, and Dubai. Established in 2008, Knewton's platform personalizes education by providing students with tailored study recommendations, equipping teachers with analytics to enhance student support, and offering publishers insights to create more effective digital educational products. The company's adaptive learning solutions cater to higher education students across various subjects, including mathematics, economics, reading and writing, biology, and engineering. Knewton's technology is utilized by educational institutions and companies globally, and it has been recognized as a leader in the education technology sector, receiving accolades for its innovative approach to personalized learning.

goBalto, Inc. is a cloud-based software company that specializes in streamlining clinical trials for the pharmaceutical, biotechnology, and medical device industries. Founded in 2008 and headquartered in San Francisco, California, the company offers a suite of solutions designed to enhance the efficiency of clinical research. Its key products include Select, which assists in identifying ideal study sites and target populations through data analysis; Activate, which facilitates rapid initiation of studies for sponsors, contract research organizations, and investigative sites; and Analyze, which provides real-time insights and status updates to improve operational processes. Additionally, goBalto's offerings encompass operational performance, oversight, risk management, business intelligence, and compliance solutions. The company also has offices in Singapore and King of Prussia, Pennsylvania, and operates as a subsidiary of Oracle Corporation.

Smaato Inc. is a global advertising technology company that specializes in real-time advertising solutions for mobile publishers, application developers, and advertisers. Founded in 2005 and headquartered in San Francisco, with additional offices in Hamburg and Singapore, Smaato operates the SPX platform, an enterprise-level ad server that simplifies mobile monetization for its clients. This platform integrates various demand and supply sources, allowing publishers to manage their inventory and utilize first-party data effectively. By connecting quality publishers with premium marketers, Smaato enables clients to enhance their revenue potential and engage audiences across multiple devices.

goBalto, Inc. is a cloud-based software company that specializes in streamlining clinical trials for the pharmaceutical, biotechnology, and medical device industries. Founded in 2008 and headquartered in San Francisco, California, the company offers a suite of solutions designed to enhance the efficiency of clinical research. Its key products include Select, which assists in identifying ideal study sites and target populations through data analysis; Activate, which facilitates rapid initiation of studies for sponsors, contract research organizations, and investigative sites; and Analyze, which provides real-time insights and status updates to improve operational processes. Additionally, goBalto's offerings encompass operational performance, oversight, risk management, business intelligence, and compliance solutions. The company also has offices in Singapore and King of Prussia, Pennsylvania, and operates as a subsidiary of Oracle Corporation.

Amaranth Medical, Inc. is a medical device company based in Mountain View, California, with additional research and manufacturing operations in Singapore and Silicon Valley. Founded in 2005, the company specializes in the development and manufacture of bioresorbable scaffolds intended for vascular and nonvascular applications. Its flagship product, FORTITUDE, is a bioresorbable coronary scaffold designed to assist arterial remodeling after interventional procedures. Amaranth Medical aims to transform interventional cardiology by offering scaffolds with advanced mechanical properties, promoting a new standard of care for stent interventions. The company's innovative approach focuses on creating scaffolds that gradually lose their mechanical strength while maintaining vessel functionality, allowing for flexibility without the complications associated with permanent metal implants. Through this commitment, Amaranth Medical strives to enhance patient health outcomes globally.

goBalto, Inc. is a cloud-based software company that specializes in streamlining clinical trials for the pharmaceutical, biotechnology, and medical device industries. Founded in 2008 and headquartered in San Francisco, California, the company offers a suite of solutions designed to enhance the efficiency of clinical research. Its key products include Select, which assists in identifying ideal study sites and target populations through data analysis; Activate, which facilitates rapid initiation of studies for sponsors, contract research organizations, and investigative sites; and Analyze, which provides real-time insights and status updates to improve operational processes. Additionally, goBalto's offerings encompass operational performance, oversight, risk management, business intelligence, and compliance solutions. The company also has offices in Singapore and King of Prussia, Pennsylvania, and operates as a subsidiary of Oracle Corporation.

Smaato Inc. is a global advertising technology company that specializes in real-time advertising solutions for mobile publishers, application developers, and advertisers. Founded in 2005 and headquartered in San Francisco, with additional offices in Hamburg and Singapore, Smaato operates the SPX platform, an enterprise-level ad server that simplifies mobile monetization for its clients. This platform integrates various demand and supply sources, allowing publishers to manage their inventory and utilize first-party data effectively. By connecting quality publishers with premium marketers, Smaato enables clients to enhance their revenue potential and engage audiences across multiple devices.

Crisp Mobile is a pioneering company in mobile advertising technology, dedicated to helping brands engage customers at the point of purchase through mobile devices. It offers the Crisp MoCA platform, an end-to-end mobile customer activation solution designed to enhance retail and consumer packaged goods (CPG) marketing strategies. By pinpointing mobile shoppers at the right time and place, Crisp delivers data-driven experiences that encourage store visits and drive sales while providing accurate measurements of campaign success. With a strong focus on innovation, Crisp has established itself as a preferred platform provider for leading brands in the retail and CPG sectors. The company is privately held and has its headquarters in New York, along with an office in Singapore.

Smaato Inc. is a global advertising technology company that specializes in real-time advertising solutions for mobile publishers, application developers, and advertisers. Founded in 2005 and headquartered in San Francisco, with additional offices in Hamburg and Singapore, Smaato operates the SPX platform, an enterprise-level ad server that simplifies mobile monetization for its clients. This platform integrates various demand and supply sources, allowing publishers to manage their inventory and utilize first-party data effectively. By connecting quality publishers with premium marketers, Smaato enables clients to enhance their revenue potential and engage audiences across multiple devices.

S*BIO Pte, Ltd., a biotech company, focuses on the discovery and clinical development of novel targeted small drugs for the treatment of cancer. It serves the biotechnology industry in Singapore. The company was founded in 2000 and is based in Singapore, Singapore. S*BIO Pte, Ltd. operates as a subsidiary of Chiron Corporation Limited.

Amaranth Medical, Inc. is a medical device company based in Mountain View, California, with additional research and manufacturing operations in Singapore and Silicon Valley. Founded in 2005, the company specializes in the development and manufacture of bioresorbable scaffolds intended for vascular and nonvascular applications. Its flagship product, FORTITUDE, is a bioresorbable coronary scaffold designed to assist arterial remodeling after interventional procedures. Amaranth Medical aims to transform interventional cardiology by offering scaffolds with advanced mechanical properties, promoting a new standard of care for stent interventions. The company's innovative approach focuses on creating scaffolds that gradually lose their mechanical strength while maintaining vessel functionality, allowing for flexibility without the complications associated with permanent metal implants. Through this commitment, Amaranth Medical strives to enhance patient health outcomes globally.

Amaranth Medical, Inc. is a medical device company based in Mountain View, California, with additional research and manufacturing operations in Singapore and Silicon Valley. Founded in 2005, the company specializes in the development and manufacture of bioresorbable scaffolds intended for vascular and nonvascular applications. Its flagship product, FORTITUDE, is a bioresorbable coronary scaffold designed to assist arterial remodeling after interventional procedures. Amaranth Medical aims to transform interventional cardiology by offering scaffolds with advanced mechanical properties, promoting a new standard of care for stent interventions. The company's innovative approach focuses on creating scaffolds that gradually lose their mechanical strength while maintaining vessel functionality, allowing for flexibility without the complications associated with permanent metal implants. Through this commitment, Amaranth Medical strives to enhance patient health outcomes globally.

Vflow Tech specializes in manufacturing modular vanadium redox flow batteries, catering primarily to the utility and renewable energy sectors. Based in Singapore, the company offers scalable, safe, and high-performing energy storage solutions tailored for various applications, from households to grid-level storage.