Daily Briefing: Speedoc snags $6.7m Series A funding; SG hawker culture listed as UNESCO intangible cultural heritage
And Decacorn Capital backs Estonian Fyma which turns CCTV cameras into smart sensors.
From e27:
Speedoc, a Singapore-based digital health app, has raised $6.7m (US$5m) in a Series A funding round, led by Vertex Ventures.
Other investors in the round include Decacorn Capital and Global Grand Leisure.
As per a press note, the fresh funds will be used to bankroll Speedoc’s technological advancement initiatives in Singapore to drive faster adoption of digital health services locally.
The initiatives include rolling out virtual hospital schemes and working with industry partners for clinical validation of proprietary clinical pathways.
The capital will also enable it to enhance its proprietary Chronic Disease Home Management service and aid in its plans to expand to other markets in Southeast Asia.
Read more here.
From ChannelNewsAsia:
Singapore hawker culture is now on the UNESCO Intangible Cultural Heritage list, joining the likes of French cuisine, Thai massage, and yoga.
The listing, a first for Singapore, was confirmed at the 15th session of the Intergovernmental Committee for the Safeguarding of the Intangible Cultural Heritage held in Paris this week.
The inscription on 16 December comes two years after the intention to nominate hawker culture for the UNESCO list was announced at the 2018 National Day Rally. The nomination documents were submitted to UNESCO in March 2019.
Minister for Community, Culture and Youth Edwin Tong thanked all hawkers and Singaporeans for their "overwhelming support" of the nomination of hawker culture to the UNESCO list in a pre-recorded speech after the inscription.
Read more here.
From e27:
Singapore’s Decacorn Capital has announced that it has joined the $2.5m (US$1.9m) seed round of Estonian Artificial Intelligence startup Fyma.
This marks the cross-border VC firm’s second investment in Europe this year.
Other investors who participated in the round include Estonia’s Change Ventures, Lemonade Stand, Superangel, and UK-based 7 Percent.
Fyma will use the fresh money for hiring as well as to fund its latest pilot programme that it says will help the company evaluate where it can make the biggest impact.
Started in 2019, Fyma aims to enable businesses and institutions to make better strategic planning decisions by turning conventional cameras into smart sensors.
Read more here.