Daily Briefing: Data-driven VC platform closes $7.5m seed funding; Digital asset exchange ecxx.com integrates with MyInfo

And a Florence Road residential site is up for sale at $13.5m.

From e27:

Data-driven venture investment platform Hatcher+ today announced the completion of the 100th investment from its H2 fund and the closing of a $7.5m (US$5.5m) seed funding round.

Describing the funding round as oversubscribed, Hatcher+ stated that it plans to use the investment to further develop its predictive analytics engine and business process automation platform.

“Over the past year, we’ve invested in startups at a rate of three a week, which is a fairly unprecedented rate of investment. And to date, these investments have mainly been in Australia, Europe, India, and the US,” said John Sharp, Co-Founder and Partner at Hatcher+.

“Our goal now is to aggressively expand our investment activity into China, Japan, Korea, Southeast Asia and the Middle East in partnership with leading advisory firms and co-investment partners, and to expand our deal analysis footprint through tie-ups with leading service providers to the VC industry,” he continued.

Read more here.

From e27:

Digital asset exchange ecxx.com has integrated with government portal MyInfo.

MyInfo is a service developed by the Government Technology Agency, which enables SingPass users to manage their personal data while transacting online with participating public and private organisations.

According to ecxx.com Co-founder and CEO Branson Lee, this integration will enhance regulatory compliance and increase the mainstream adoption of digital currencies.

Users can now authorise the retrieval of personal data from MyInfo to complete the verification process. Upon successful verification, they can trade popular cryptocurrencies like Bitcoin and Ethereum easily.

Read more here.

From iCompareLoan:

A residential development site located at 62 Florence Road, off Upper Serangoon Road has been put on sale by public tender, CBRE announced. The indicative price is around $13.5m, which works out to $850 per square foot on the land area.

A delta-shaped site, 62 Florence Road enjoys dual road frontage of 55 meters along Florence Road and 45 meters onto Lim Ah Pin Road. With a land area of approximately 15,871 square feet, the site is currently occupied by a vacant single-storey detached house built in the 1930’s.

The sale will close on 5 December.

Read more here.

Photo from Hatcher+ website