- SG Enviro, a Singapore-based industrial wastewater engineering firm, has secured S$8 million (approx. $6.22 million) in strategic investment led by a global climate-tech venture capital firm.
- The investment will accelerate SG Enviro’s expansion across Southeast Asia (SEA) and support the development and integration of proprietary technologies in its comprehensive solution portfolio.
- Founded in 2018 by environmental engineer Guah Eng Hock, SG Enviro has established itself as a specialist in designing, integrating, and operating industrial wastewater treatment technologies tailored to SEA’s unique environmental and regulatory requirements.
- The partnership provides SG Enviro with access to a global network of cutting-edge water technology companies within the partner’s portfolio.
What they’re saying:
- “This investment marks a significant milestone for us. It validates our belief that industrial water treatment in Asia requires region-specific, practical engineering and gives us support with curated global access to leading-edge technologies. This collaboration positions us to scale up and create transformational impact across SEA’s industrial landscape,” stated Guah Eng Hock, Founder and Chief Executive Officer of SG Enviro.
- “We look forward to connecting our global portfolio of water tech entrepreneurs with SG Enviro’s strong execution and operation capabilities. Together, we can bring world-class solutions to SEA’s industries, where the need for water resilience has never been more urgent,” commented Dr. Helge Daebel, Head of the investor’s Water Practice and newly appointed member of SG Enviro’s Board.
What’s next: SG Enviro envisions becoming SEA’s premier integrated water technology solutions provider, offering end-to-end solutions and driving the transition toward circular water economy principles across regional industries.
In other news:
- Zurich-based Emerald Technology Ventures is supporting SG Enviro to enhance wastewater treatment in Southeast Asia, marking Emerald’s first water investment in the region.
- SG Enviro has also secured $4.8 million from Antares Ventures and the Singapore Economic Development Board’s venture group to expand throughout the Asia-Pacific region.
- Singapore provides a favorable environment for water management innovation, with government initiatives and accelerator programs supporting technological advancements in the water sector.
Deals in brief:
- TopView, a Singapore-based AI-driven product content platform, has raised USD 8.5 million in a Series A funding round led by Kamet Capital.
- Oncode, a Malaysia-based molecular diagnostics company, has received an investment from the Malaysian Technology Development Corporation (MTDC) to scale its operations and develop AI-driven biosensors.
- Omni, a human resources platform supporting multi-country operations across Asia, has acquired MajuHR, a Singapore-based startup that delivers HR workflows via messaging apps.
- Revenue Scaler, an e-commerce intelligence platform, has acquired Kabana, a regional analytics company, to strengthen its AI-driven intelligence layer for Southeast Asian e-commerce teams.
- Triv, an Indonesian crypto exchange, has received an investment from MEXC Ventures, valuing the company at USD 200 million and supporting MEXC’s expansion into Southeast Asia.