“The venture capital fund of the Singtel Group and Singapore Airlines have joined three of Australia’s big four banks and Qantas as investors in Data Republic, a data-sharing platform creating secure infrastructure that could facilitate a new bilateral market for trade in data between Australia and Singapore.
The $22 million Series B raising was backed by existing investors Qualgro, a Singapore-based VC fund, Westpac’s corporate venture fund Reinventure Group, ANZ Banking Group and Ryder Innovation Fund.”
Read more at: https://www.afr.com/technology/data-republic-22m-capital-raising-backed-by-singapore-inc-20181204-h18ool