News Snapshot:
SINGAPORE (THE BUSINESS TIMES) – Autonomous technology start-up Sesto Robotics has pocketed US$5.7 million (S$7.7 million) funding from the investment arm of Enterprise Singapore Seeds Capital, venture capital fund manager Trive and German-based machinery equipment group World Trading Inovation (WTI). “Having WTI as a strategic investor at this stage of our company’s development helps us to expand into the important European and German market that is the home of Industry 4.0,” said its chief executive officer Ang Chor-Chen in a statement on Thursday (Jan 13). Sesto will also use funds to develop its autonomous mobile robot (AMR) capabilities and digital...
