Heritas Capital continues to back Alchemy Foodtech in bridge round

Alchemy Foodtech, a Singapore-based food technology startup specializing in food innovations to fight diabetes and other chronic diseases, announced the close of its 7-figure bridge round with strategic investors. The current round saw backing from several notable investors – Thai Union Group PCL (Thai Union), Bits x Bites, VC...

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Heritas Capital participated In Alodoktor’s Series C extension fundraising

Alodoktor, Indonesia’s leading telemedicine platform, raised a Series C extension round led by MDI Ventures, a corporate venture capital initiative by Telkom Indonesia. This announcement paves way for a long-term strategic collaboration between Alodokter, MDI Ventures and Telkom Group, as Alodoktor expands to better address unmet needs in Indonesia....

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Hummingbird Bioscience received HSA authorization to initiate clinical trial study for COVID-19 antibody treatment

Hummingbird Bioscience, a homegrown leading biotech company backed by investors including Heritas Capital and SEEDS Capital, has achieved a significant milestone with the approval from Singapore Health Sciences Authority (HSA) to initiate clinical trial to study the safety and efficacy of its experimental SARS-CoV-2 antibody therapy, HMBD-115. Amongst various key findings, pre clinical data...

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Timberland Medical Centre announced development of new hospital in Sarawak, Malaysia

Heritas is delighted to share that our portfolio company, Timberland Medical Centre (TMC), has announced the development of a new hospital in Sarawak, Malaysia. The new purpose-built 200-bed hospital will enhance TMC’s healthcare service offering in Kuching and is expected to be completed by 2024. Heritas became a majority shareholder...

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AIA agrees exclusive Asia-Pacific regional partnership with Heritas-backed Holmusk

AIA agrees exclusive Asia-Pacific Regional Partnership with Heritas-backed Holmusk. AIA will  leverage on Holmusk's innovative and data-driven approach to health management to deliver a wider range of health coaching tools and solutions to AIA customers. "Congratulations to the Holmusk team! Heritas has backed Holmusk since its pre-Series A fundraise and we are proud...

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