Korean human safety technology company Safeware Inc. has got the top award at the Edison Awards 2023 held in Fort Myers, Florida, USA. Safeware’s Smart Airbag product has been recognized as the gold winner in the ‘Personal Technology – Smart Wearable’ category at the prestigious Edison Awards 2023 held in Fort Myers, Florida, USA. The award ... Read more ›
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Capria Ventures, a venture capital firm specializing in investments in the Global South, has announced the first close of its $100 million fund, which will focus on investing in 20 to 25 tech startups in key entrepreneurial hotspots across India, Southeast Asia, Latin America, the Middle East, and Africa. The new fund has already received ... Read more ›
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Asia is a significant market for startups due to its large and diverse population, as well as its rapidly growing economies. South Korea is considered a gateway to Asia due to its strategic location and well-developed infrastructure. South Korea also has a relatively open and business-friendly environment, with a highly educated and skilled workforce. South ... Read more ›
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Malaysian AI startup VOX announced that it has secured a $250,000 investment from Silicon Valley after successfully harnessing ChatGPT with Sharly.ai. The investment will be used to cover operational costs for the first 50,000 users of the platform, allowing the team to concentrate on enhancing user experience and workflows. Simone Macario, CEO of VOX, stated ... Read more ›
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Explico, a Singapore-based edtech startup, has secured US$1.4 million in pre-series A funding from Astonic Ventures Singapore, Mavis Tutorial Centre, and Singapore Asia Publishers. The company plans to use the investment to enhance its learning platform and expand in Southeast Asia, specifically Vietnam and the Philippines, as well as Africa. Founded in 2020 by Ashutosh ... Read more ›
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Protico, a Web3 Chat startup from Taiwan, has recently been selected for Techstars’ highly competitive Web3 accelerator program in Dublin. Of nearly 750 global applications, Protico is one of the only 12 teams chosen. As the sole startup in this cohort with a core team solely from Asia, this result showcases Protico’s potential to revolutionize ... Read more ›
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South Korea’s Ministry of SMEs and Startups (MSS) announced that it is considering the launch of a ₩1 trillion ($749 million) fund of funds this year to boost the country’s innovative venture industry. A statement released by the ministry said Minister Lee Young aims to leverage the capabilities of the MSS to support the innovative ... Read more ›
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ZEBOX, a global accelerator founded in 2018 by the Chairman and CEO of the CMA CGM Group, Rodolphe Saadé, has launched its Asia Pacific hub in Singapore. With over 130 early-stage businesses in its portfolio, ZEBOX aims to connect startups and corporates to accelerate decarbonization and operational optimization in the supply chain industry. The new ... Read more ›
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As the CEO of Ggeek Beer Company Joongseob Hong is passionate about brewing unique and flavorful craft beers that represent the best Korean flavors. With a background in the insurance industry, Joongseob pursued his passion for homebrewing and eventually became a brewer. He then established Ggeek Beer Company with a team of fellow beer enthusiasts. Under ... Read more ›
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SKS Capital, a venture capital and private equity firm based in Shanghai and Taipei, has announced its strategic investment of $5 million in Grace, Korea’s largest aggregator of international health and beauty brands. SKS Capital is the lead investor in Series B funding, and the capital raised will be used to expand Grace’s business operations ... Read more ›
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Bisonai, a Singapore-based company specializing in Web3 infrastructure, has joined forces with Polygon Supernet, a blockchain developer that provides a Layer 2 scaling solution for Ethereum, to revolutionize enterprise blockchain solutions, offering scalable and customizable Web3 infrastructure to businesses worldwide. As companies increasingly look to adopt blockchain technology, they often encounter significant challenges related to scalability ... Read more ›
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PETJOA, a US-based pet care company founded by Korean entrepreneurs, has introduced a revolutionary product that allows cat owners to monitor their pet’s health through the litter box. The product, called Kitty Medi Check, was recently voted third in the cat category at the Global Pet Expo 2023 held in Orlando, Florida. With more than ... Read more ›
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Accredify, a leading provider of verifiable technology solutions in the APAC region, announced today that it has raised $7 million in its Series A funding round. The funding was co-led by iGlobe Partners and SIG Venture Capital, with participation from Pavilion Capital and Qualgro. Accredify was founded in 2019 and initially provided solutions to the ... Read more ›
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Australia and Singapore-based Cortical Labs, a pioneering company in the field of synthetic biology and the use of human neurons for developing artificial intelligence, has successfully closed a $10 million funding round. The funding was led by Horizons Ventures, with participation from Blackbird Ventures, LifeX Ventures, Radar Ventures, and In-Q-Tel. In a statement, Cortical Labs ... Read more ›
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Seven innovative companies have been selected for Cohort IV of ScaleUp Malaysia’s accelerator program, with upfront investments provided for the first time. The selection process was highly competitive, with over 200 applications received from countries across the region and beyond. The seven companies selected were chosen based on their potential to drive regional scalability and ... Read more ›
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Mito Health, a Singapore-based healthtech startup, announced raising S$1.7 million (about $1.3 million) in an oversubscribed pre-Seed funding round. The funding round was led by Forge Ventures, and several notable angel investors, including founders and executives from PatSnap, Carousell, Glints, OhMyHome, Rainforest, ShopBack, and SingLife, also participated. The healthtech startup is using AI to develop ... Read more ›
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Indonesian fitness startup Fit Hub has secured US$6.5 million in funding to make health and wellness more accessible to all Indonesians. The company raised US$3 million in seed funding in early 2022 from investors including Global Founders Capital, Trihill Capital, and Goodwater Capital, followed by a US$3.5 million seed extension round in December 2022 led ... Read more ›
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Direct2U, a B2B2C-assisted e-commerce platform and a brand of Flow Commerce Private Limited, has successfully raised Rs.1.8 Cr in a Seed Round led by Inflection Point Ventures (IPV). The funds raised will be utilized for technology development, hiring, marketing, and expansion plans. Direct2U aims to simplify cross-border e-commerce, making it accessible to businesses of all ... Read more ›
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Mun Hon Ng, managing director of Malaysian private equity (PE) firm Novum Equity Partners, emphasises the importance of domain expert founders, value propositions, and scalability in determining the right startups to invest in Novum typically invests up to $5 million and checks for top-line growth and investment spend from previous funding or revenue. The firm ... Read more ›
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Korean company Ggeek Beer Company began as a small craft brewery nestled in the heart of Seoul, South Korea, and has grown to a household name domestically and beyond. Founded by a group of beer enthusiasts passionate about creating unique and flavorful brews, Ggeek has gained a reputation as one of the best craft breweries ... Read more ›
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Most popular sources
Business Insider
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29% 0 |
Tech Wire Asia
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9% 4 |
The Verge
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8% 1 |
Tom's Hardware
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5% 1 |
CNET
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5% 1 |
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27.11.2024 18:25
Last update: 18:12 EDT.
News rating updated: 01:20.
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