Cellico (CEO Kim Jungsuk) won CES Innovation Awards in three categories: Wearable Technologies, Digital Health, and Accessibility & Aging Tech, for their augmented reality (AR) smart glasses (product name: EyeCane), which they are developing for visually impaired patients. With this award, Cellico will participate in the CES exhibition in Las Vegas, USA (January 9 ~ ... Read more ›
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Pangyo Techno Valley is a high-tech R&D cluster that brings together various companies in the IT, biotech and media content industries in line with the trends of the 4th Industrial Revolution. Nanotechnology plays an important role in the 4th Industrial Revolution by utilizing new materials and helping to produce innovative products with minimal raw materials. ... Read more ›
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Hailing from Singapore, Jeshua Soh is a young and dynamic angel investor who has woven a narrative that curves through unconventional education, accidental entrepreneurship, and a globetrotting escapade to over 55 countries across five continents. In an exclusive interview with the Editor of Asia Tech Daily, Jeshua Soh describes his journey, which is a narrative ... Read more ›
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In a strategic move to elevate its support for emerging entrepreneurs, South Korea’s Asan Nanum Foundation has introduced the groundbreaking “Asan Voyager” program. Founded in 2011 to commemorate the legacy of Hyundai founder Chung Ju-yung (Asan), the foundation has been a driving force in fostering innovation and entrepreneurship in South Korea. The Asan Voyager program ... Read more ›
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Pangyo Techno Valley, Korea’s most extensive R&D nexus, is rapidly ascending as a pivotal center for biotechnology. Nestled within this multifaceted R&D stronghold encompassing IT, BT, CT, and NT sectors, Pangyo Techno Valley hosts an array of startups, SMEs, and large corporations dedicated to biotech innovation, gaining international recognition for their groundbreaking technologies. Although many ... Read more ›
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Gyeonggi Center for Creative Economy & Innovation (President Kim Won-kyung, hereinafter referred to as “GCCEI”) signed a Memorandum of Understanding (MOU) with Hive Colab, headquartered in Kampala, Uganda, to innovate the business environment for startups in both countries. The MOU was signed on November 13 at the Startup Zone of the 2nd Pangyo Techno Valley. ... Read more ›
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At the Singapore Fintech Festival (SFF) on November 16, 2023. MYbank, a leading internet bank in China and an associate of Ant Group, showcased digital solutions with the goal of improving accessibility to financial services for small and micro-sized enterprises (SMEs) and the agricultural sector. The showcased solutions included Tomtit for rural finance, Goose for ... Read more ›
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The largest-scale game exhibition in Korea, ‘G-STAR 2023,’ will be held at BEXCO in Busan from November 16th to November 19th, spanning four days. This year, it is expected to be held on the scale of events before COVID-19. Surpassing the 3,208 booths of the largest-ever event, ‘G-STAR 2019,’ a total of 3,250 booths (2,386 ... Read more ›
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Singapore-based investment firm Foresight Ventures has successfully acquired an 80% majority stake in crypto media company The Block for $60 million. The acquisition by Foresight Ventures comes nearly a year after FTX and Alameda Research faced a downturn. The Block’s former CEO, Mike McCaffrey, previously borrowed several million dollars from Alameda Research, adding to the ... Read more ›
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Japan has opened a new base for Japanese startups in Palo Alto, California. The Ministry of Economy, Trade, and Industry held an opening ceremony on the 12th. It is its first base in Silicon Valley, a pivotal hub for the global information technology industry. The support base, situated in a two-story building near Stanford University ... Read more ›
1
EduFi, a fintech startup headquartered in Singapore, has raised $6.1 million in a pre-seed funding round. Zayn VC leads the investment and contributions from Palm Drive Capital, Deem Ventures, Q Business, and angel investors. Operating from Singapore, the startup is dedicated to simplifying the loan application process providing crucial financial support to students pursuing higher ... Read more ›
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Japanese financial giant SBI Holdings is set to unveil a $663 million fund dedicated to supporting startups engaged in Web3, AI, and the Metaverse. The fund’s operations are scheduled to commence by the close of the current year, with investments reaching 150-200 companies within its portfolio. Each investment within the fund is anticipated to span ... Read more ›
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Korean startup EventUs has debuted with the successful hosting of the SG-KR MICE Tourism Networking Dinner on October 31, 2023, in Singapore. The event marked a momentous occasion for EventUs as it made its global debut, showcasing its capabilities to industry professionals and earning accolades for its innovative approach. The exclusive event took place at ... Read more ›
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Gyeonggi Business & Science Accelerator (President Kang Sung-cheon, hereinafter referred to as GBSA) welcomed a delegation from the People’s Council of Hà Nam Province in Vietnam on November 1, introduced Pangyo Techno Valley, an exemplary case of a startup cluster, and discussed cooperation plans for benchmarking in Vietnam. To strengthen friendly cooperation with Gyeonggi-do, 14 ... Read more ›
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The race in the autonomous vehicle sector is intensifying, attracting diverse participants, from traditional automakers and auto parts suppliers to ICT and software solution providers. Even industry outsiders like Google and Amazon are leveraging acquisitions and proprietary technology developments to carve out a space in mobility services, while semiconductor giants like NVIDIA are branching out ... Read more ›
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Authentick has raised a seed funding round that has brought $4 million in capital to the table. The funding was led by Menyala, the venture-building platform associated with Singapore’s Temasek. Authentick also introduced its NFT platform, Authentickator, designed to simplify the experience of exploring, purchasing, and authenticating digital collectibles or non-fungible tokens (NFTs. The platform ... Read more ›
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Fast-fashion giant Shein is preparing for a U.S. initial public offering (IPO), aiming for a valuation as high as $90 billion, according to sources familiar with the matter. This valuation target exceeds the company’s current private trade value. Shein, established in China in 2008, has been leveraging data analytics to forecast customer demand and produce ... Read more ›
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Chinese startup 01.AI has rapidly emerged as a unicorn in the tech world, achieving this status in less than eight months with its performance in a new open-source AI model, Yi-34B. The Beijing-based company recently surpassed a $1 billion valuation following a successful funding round. Led by renowned computer scientist Kai-Fu Lee, 01.AI focuses on ... Read more ›
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In the fast-paced world of venture capital, experience and expertise are the keys to success. The Editor of Asia Tech Daily had the privilege of sitting down with a seasoned investor, Vadim Shpak, who has not only witnessed the industry’s evolution but has also played a pivotal role in shaping it. We present an insightful ... Read more ›
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Singapore’s largest news publisher, SPH Media, announced its acquisition of homegrown startup and tech news outlet Tech in Asia (TIA) on November 1. With this, the company aims to boost SPH Media’s news offerings, particularly enhancing The Business Times (BT), a financial news publication. SPH Media is on a path to broaden its readership base ... Read more ›
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Most popular sources
Business Insider
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30% 4 |
Wired
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9% 6 |
The Verge
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8% 0 |
Tech Wire Asia
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6% 5 |
Gizmodo
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6% 0 |
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27.11.2024 03:50
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