Ares Management Corporation (NYSE: ARES), a U.S.-based alternative investment group, has reached an agreement to acquire Crescent Point Capital (CPC), a prominent private equity firm headquartered in Singapore. The acquisition deal encompasses the full ownership of CPC, a leading Asia-focused private equity entity managing approximately $3.8 billion in assets as of March 31, 2023. While ... Read more ›
0
On the second day of their visit to South Korea, on July 18, the “Thailand Joint Public-Private Economic Delegation” visited South Korea’s Pangyo Techno Valley Startup Campus. The visit was part of their tour under the Asian Productivity Organization (APO) industrial training program. The delegation, led by Nattapol Rangsitpo, the Permanent Deputy Minister of the ... Read more ›
0
Gyeonggi-do is set to commence the pilot operation of its domestic public transportation service, the ‘Panta G Bus,’ which is fortified with self-driving technology, at Pangyo Techno Valley. After the successful operation of the Zero Shuttle in 2018, the PanTA-G Bus, a cooperative autonomous vehicle, has begun its journey through Pangyo Zero City. The “G” ... Read more ›
0
Singapore’s Hydroleap, a green wastewater technology company, has raised $4.4 million in its Series A funding round. The funding was led by Real Tech Holdings, a prominent Japanese Venture Capital firm, with the participation of corporate investors, including Mitsubishi Electric, Seeds Capital, Wavemaker Partners, New Keynes Investments, and the State Government of Victoria in Australia. ... Read more ›
0
In our technologically saturated world, with ever-increasing use of devices like smartphones and tablets, maintaining eye health has become a significant concern for all ages, from children to seniors. Yet, knowing your eye condition without a healthcare professional’s consultation is a challenge, especially for rural areas with insufficient medical infrastructure or individuals with limited mobility. ... Read more ›
0
Amidst the 4th industrial revolution, there’s an escalating demand for manufacturing innovation aimed at producing high-value-added products. This is achieved by merging the manufacturing and service industries. Pangyo Techno Valley in Gyeonggi-do, well-known for hosting a variety of IT, bio, and content companies, is fortifying its reputation as Korea’s leading R&D hub. In February, the ... Read more ›
0
Indonesian fintech startup Orderfaz has successfully concluded a pre-seed funding round, as announced on Thursday. The round was led by Singapore-based venture capital firm 1982 Ventures, which acted as the sole investor. The exact amount of funding raised in the round has not been disclosed. Orderfaz, a recently established fintech startup, focuses on serving the ... Read more ›
0
Indonesia-based ed-tech startup SoLeLands has successfully secured funding led by venture capital firm East Ventures, with participation from SMDV. The exact amount of funding raised was not disclosed. The funds will be utilized to enhance capacity and product development in preparation for the anticipated soft launch of SoLeLands’ immersive game-based learning platform in the fourth ... Read more ›
0
Many businesses are adopting multi-cloud architectures in today’s digital environment to take advantage of the advantages of improved flexibility, scalability, and elasticity. But this move to a multi-cloud strategy also creates serious security difficulties. To safeguard their data and systems, it is essential for enterprises to take a proactive approach to these issues and put ... Read more ›
0
Singapore’s state-owned investment firm, Temasek Holdings, has announced that its venture capital arm, Vertex Venture Holdings, has successfully raised more than $900 million in the initial round of fundraising for its latest fund, Nikkei Asia reported. The company, headquartered in Singapore, manages a total of six funds, including five early-stage funds that target investments in ... Read more ›
1
eFishery, an aquaculture technology company based in Indonesia, has achieved unicorn status after successfully raising $200 million in its Series D funding round. This makes eFishery the first startup in the global aquaculture industry to attain a valuation of over $1 billion. The round was led by Abu Dhabi-based 42XFund and supported by investors such ... Read more ›
0
The Radical Fund, a climate-focused early-stage investor headquartered in Bangkok, has successfully achieved the first close of its climate tech fund, raising an initial amount of US$40 million. The fund is specifically targeted at supporting early-stage startups in the Southeast Asia (SEA) region that are dedicated to addressing climate-related challenges. The Radical Fund operates under ... Read more ›
1
United Nations data shows that approximately 500 million people worldwide are diagnosed with diabetes every five seconds, with an estimated 643 million patients by 2030. The disease is seen as a silent killer, often going unnoticed until it’s too late. It can also lead to complications such as heart disease, kidney disease, retinopathy, skin disorders, ... Read more ›
0
The once futuristic scene of iris recognition for identification, seen in the 2002 film Minority Report, has become a reality in 2023. Fingerprint and face recognition technologies are now utilized across various platforms such as smartphones and access control systems. However, due to the risk of personal information leakage, biometric solutions have yet to replace ... Read more ›
0
Bain & Company, a prominent global management consulting firm, has revealed its plans to acquire the Asia-Pacific division of Rainmaking, a renowned venture-building and startup development studio. The acquisition will support businesses throughout the region in enhancing their innovation capabilities and successfully launching and expanding new ventures. The specific terms and details of the deal ... Read more ›
2
Japanese robotics startup Telexistence has successfully raised $170 million in a Series B funding round, with major investments coming from SoftBank Group, Foxconn, and other prominent investors. The Tokyo-based robotics startup has further strengthened its funding with investments from KDDI Open Innovation Fund, Airbus Ventures, Monoful Venture Partners, and new investors, including Globis Capital Partners ... Read more ›
0
Pangyo is establishing a cluster in 2022 to support fabless businesses to create a favorable ecosystem for the semiconductor industry and maintain Korea’s leading position in the global field. In collaboration with Samsung Electronics, the Korean Ministry of SMEs and Startups will orchestrate the “2023 Fabless Challenge Contest” to nurture startups specializing in fabless semiconductors ... Read more ›
0
Hong Kong-based Brinc, a renowned global venture accelerator, has announced the launch of its Climate Tech program, specifically tailored for early-stage startups in the field of climate technology. This program focuses on supporting startups that are dedicated to carbon dioxide removal (CDR) solutions. Over three months, selected founders will benefit from fundraising assistance, guidance on ... Read more ›
0
The global healthcare venture platform VentureBlick has secured US$2.6 million in funding for its first two startups. The venture’s goal is to validate, support, and invest in early-stage healthcare startups. VentureBlick, led by CEO Hee-yeol Lee, is a specialized healthcare platform company that recently concluded its startup support program. The program assisted two startups, which ... Read more ›
0
Former executives of Fave, Joel Neoh and Audra Pakalnyte, have joined forces to launch First Move, an early-stage fund specifically focused on supporting startups that cater to consumers in Southeast Asia. First Move has a backing of venture capital firm 500 Global and in collaboration with the Consumer Tech Angel Syndicate, a close-knit group of ... Read more ›
0
Most popular sources
Business Insider
|
20% 12 |
The Verge
|
10% 4 |
Tech Wire Asia
|
8% 2 |
Gizmodo
|
8% 2 |
Android Authority
|
8% 5 |
| View sources » | |
LIKE us on Facebook so you won't miss the most important news of the day!
27.11.2024 09:31
Last update: 09:26 EDT.
News rating updated: 16:20.
What is Times42?
Times42 brings you the most popular news from tech news portals in real-time chart.
Read about us in FAQ section.