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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Seongnam City’s Mayor, Shin Sang-jin, recently finalized the intricate design and foundational administrative steps for the anticipated ‘Pangyo Contents Street’ project. Construction began on October 30, marking the start of a new era for Pangyo Techno Valley. Intended to evolve Pangyo Techno Valley beyond its reputation as South Korea’s gaming nucleus, the ‘Pangyo Contents Street’ ... Read more ›
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The South Korea Ministry of SMEs and Startups, in collaboration with the Korea Startup Forum, is set to host the highly anticipated “COMEUP 2023,” set to take place from November 8 to 10 at the renowned Dongdaemun Design Plaza (DDP) in Seoul. Marking its 5th anniversary, COMEUP 2023 is gearing up to become a grand ... Read more ›
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Singapore is emerging as a hotspot for cleantech innovation, with a growing number of startups focusing on sustainability and environmental impact. These companies are developing solutions to address critical issues such as renewable energy, waste management, water conservation, and more. In this article, we’ll introduce you to the top 6 cleantech startups in Singapore that ... Read more ›
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Singapore-based renewable energy certificate (REC) service provider REDEX has successfully raised $10 million in a Series A funding round. Aramco Ventures, a subsidiary of Saudi Aramco (2222. SE), led this investment as one of its initial investments in this region. Additionally, new investors from the Middle East, Southeast Asia, and Japan have contributed to this ... Read more ›
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Located in Pangyo Techno Valley, Korea Biopark collaborates with several global R&D companies and supports their research and development projects. Since the groundbreaking in March 2010, Korea Biopark has been the largest biotech complex in Korea with a total project cost of KRW 128 billion, two basement floors, seven above-ground floors and a gross floor ... Read more ›
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According to iLife* founder Nelson Lee, roughly $200 billion in premiums are signed annually in the U.S. insurance industry — in terms of life insurance premiums, 95% are sold by insurance agents and brokers, showing how critical these frontline workers are to this mammoth industry. After interviewing 200 such salespeople, Nelson had another interesting finding: ... Read more ›
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Indonesia’s J&T Express experienced a 1.33% dip in its stock price during its debut on the Hong Kong Stock Exchange. Although the second-largest public offering of the year for J&T Express, The logistics service provider’s shares initially traded at HK$12, but started Friday’s morning session at HK$11.84, equivalent to $1.51. The firm is among Asia’s ... Read more ›
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AI data solution AIMMO is to partake in the ‘AI EXPO TOKYO’ held in Tokyo, Japan, for three days starting October 25th. AI EXPO TOKYO is Japan’s largest AI expo, with over 34,000 visitors attending the event in 2022. AIMMO has participated three times since 2020 and will be attending for the fourth consecutive time ... Read more ›
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AIOX Apex Angel Fund (AIOX) has introduced a new venture fund with a dedicated focus on deeptech and web3. The new initiative includes a strategic partnership with the highly anticipated X-PITCH 2023, a global deeptech startup competition aimed at catalyzing the widespread adoption of cutting-edge technology across diverse industries. In pursuing innovation and technological advancement, ... Read more ›
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The intersection of science and venture capital can do wonders and uncover a champion in a city like Silicon Valley. In the epicenter of tech, where innovation thrives, Alex Luce bridges materials science and venture capital, carving a niche as a Partner at Creative Ventures. His story, deeply rooted in science and driven by an ... Read more ›
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A delegation consisting of officials from the Inter-American Development Bank of Uruguay and the Ministry of Strategy and Finance visited the startup campus operated by Gyeonggi Business & Science Accelerator (President Kang Sung-cheon, hereinafter referred to as GBSA) on October 20. The Uruguayan government, in its pursuit of a smart city project, sought inspiration from ... Read more ›
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Singapore’s Triple-A, a crypto payment gateway, has successfully concluded a Series A funding round of $10 million. Leading this funding round were Peak XV Partners and Shorooq Partners, both of whom had previously invested in Triple-A. This fresh capital injection will empower Triple-A in its mission to enhance and expand its product offerings. Triple-A’s Series ... Read more ›
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The Malaysian Ministry of Science, Technology, and Innovation (Mosti) is set to collaborate with Bursa Malaysia to push the growth of startups and promote innovation within the country. In an announcement at Dewan Rakyat, Minister Chang Lih Kang unveiled this initiative, which aims to strengthen the support for local startups along their funding journey. Mosti’s ... Read more ›
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Gyeonggi Business & Science Accelerator (President Kang Seong-cheon, hereinafter referred to as GBSA) discussed ways to introduce and share the Gyeonggi-do startup environment centered on Pangyo Techno Valley with the Trade Promotion Agency of the Ministry of Commerce, Industry and Energy of India at the Pangyo Techno Valley’s Startup Campus on October 19. Ten people ... Read more ›
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Singapore-based EV charging startup Charge+ is gearing up to expand its electric vehicle (EV) charging infrastructure across Southeast Asia. The company recently secured funding in a Series A round, which was led by TRIVE Venture Capital, a Singapore-based firm specializing in early-stage high-growth technology companies. Singapore plans to boost the adoption of electric vehicles (EVs) ... Read more ›
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Cosmos Innovation, a Singapore-based AI-first firm specializing in developing next-gen perovskite silicon tandem (PST) solar cell technology, has successfully secured $19.7 million in total funding. This achievement was the result of a Series A funding round. The Series A round, as announced by Cosmos Innovation, was led by Xora Innovation, a deep-tech investment platform that ... Read more ›
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The company Vestella Lab, led by Jung Sang-Soo, developed an indoor parking navigation system and participated in ‘GITEX 2023’, the largest IT exhibition in the Middle East, from October 15th to 18th (local time). Through this participation, Vestella Lab aims to solidify its position in the Middle Eastern market by showcasing innovative parking solutions for ... Read more ›
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01.04.2025 23:11
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