TECHNOLOGY and innovation were the two buzzwords at this year's Emerging Enterprise Award (EE 2016) - and it's no small wonder they were. Repeated references were made by Minister of State for National Development, and Trade and Industry, Koh Poh Koon, at a gala dinner on Sept 16 in the swanky St Regis Hotel. And it was evident too, in the varied and novel business models of the 16 finalists for the awards.
Mirxes, a life science company focusing on detection kits for the early identification and management of cancer cases, was given the Most Promising Startup Award. It will receive $30,000 worth of digital consultancy services from Maxus.
CURRENT cancer screening methods are invasive and costly. Think of the mammographies, endoscopies, or biopsies that are presently done to detect cancer. Local biotechnology start-up Mirxes Pte Ltd is looking to revolutionise cancer detection methods by offering blood tests in place of current diagnostic methods to detect early stage cancer.
Integrated platform for entrepreneurs, e27 Thursday said it had raised S$3 million ($2.2 million) in a Series A funding round led by Beijing-headquartered TechTemple Group. The others investors in the round include China’s data intelligence fund Linear Venture, Indonesia’s Convergence Ventures, as well as Singapore-based Venturecraft and Spacemob.
E27, a platform for Asia’s tech industry, has raised a round of funding from investors, sources told Tech in Asia. E27 later revealed in a press release that the round, a series A, is about US$2.2 million.