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2024-11-20 15:15:07

Singapore’s Oneteam raises $2.6M seed round to revolutionise SME succession through employee ownership
Oneteam, a Singapore-based startup dedicated to transforming succession at small and medium-sized enterprises (SMEs) through employee ownership, has closed its S$3.5 million ($2.61 million) seed round. The round was led by Wavemaker Ventures, the early-stage fund of Wavemaker Partners, Southeast Asia-based VC group investing in enterprise, deep tech, and sustainability startups, the company...

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2024-12-03 00:50:33

Southeast Asian family firms lay ground for next generation’s succession
The stakes are rising for business groups seeking to preserve wealth as their heirs multiply. No company’s stock market listing is as eagerly anticipated by Bangkok investors as Thai Summit Group, especially since it secured supply contracts with every major Chinese electric vehicle maker setting up shop in Thailand. The family-owned auto parts manufacturer considered...

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