In the swiftly transforming landscape of financial technology (FinTech), Asia stands resolute at the forefront of innovation and entrepreneurial dynamism. Anchoring this transformative wave are three standout conferences that have captured the imagination of FinTech aficionados and industry professionals alike: Shanghai’s INCLUSION·Conference on the Bund, Hong Kong FinTech Week, and Singapore FinTech Festival. These annual ... Read more ›
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Malaysian recommerce platform, CompAsia, has secured series A funding in a round led by Gobi Partners, a Pan-Asian venture capital firm. The exact amount of funding remains undisclosed. The funding injection will support CompAsia’s ambition to expand its presence in Asia. CompAsia specializes in creating an integrated platform that facilitates the trading and purchasing of ... Read more ›
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“Young musicians today treat music-making kind of like playing video games,” says PoChang Wu, co-founder of OurSong, an NFT-based platform for music collection and community building. Wu talks about “Old Town Road” by Lil Nas X as an example. He explains how the then mostly unknown rapper made the song from a beat he bought ... Read more ›
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Singapore-based Solar AI Technologies has successfully secured a seed funding round of US$1.5 million, with Earth Venture Capital taking the lead, accompanied by participation from Undivided Ventures, Investible, and climate-tech angel investor David Pardo. The capital injection is set to predominantly fuel the expansion of its rent-to-own (RTO) solar initiative within Singapore, with subsequent plans ... Read more ›
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Techsauce, a prominent figure in the tech ecosystem, has taken a significant step forward with the launch of the “VentureBridge” Fund. With this, Techsauce plans to support leading Thai organizations for establishing, operating, and managing investments in startups worldwide. The VentureBridge Fund aims to generate financial and strategic returns, facilitating growth and innovation for diverse ... Read more ›
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As social distancing measures ease, businesses find the global market more accessible. Unlike before, when communication was mainly done through video conferences, this year, there are more opportunities to directly showcase new services and products to the local markets of different countries. Supporting organizations and investors are offering various programs for startups, including overseas IR ... Read more ›
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Korean education technology, known as ‘K-Edu Tech,’ is gaining attention on the global stage. Incorporating coding training, book reading, and AR education technology, this innovative content is making a mark among learners in Asia, the Middle East, and beyond. One Korean company has successfully showcased its educational technology in Finland, the epicenter of education in ... Read more ›
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Singapore-based venture capital firm Jungle Ventures has announced its merger with HealthXCapital, an early-stage VC firm specializing in healthcare investments. The partnership is set to infuse Jungle Ventures with the expertise of the HealthXCapital team, enabling the firm to diversify its investment portfolio and expand its existing healthcare-related investments. This move is expected to reinforce ... Read more ›
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Atome Financial has recently announced the renewal of its $100 million debt facility in collaboration with HSBC Singapore to expand its operations in the Philippine market. The collaboration not only facilitates the company’s expansion endeavors but also leverages the global network, regional footprint, and banking expertise of HSBC Singapore to amplify Atome’s reach and impact ... Read more ›
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Immersive entertainment group NEON is reportedly considering a fresh capital injection of approximately US$200 million in its expansion plans. Sources familiar with the matter revealed that the Singapore-based company collaborates with advisors to facilitate fundraising. The individuals, who requested anonymity due to the confidential nature of the information, indicated that this new funding round would ... Read more ›
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AHG Lab, an independent venture builder based in the Philippines, has successfully raised $4 million in a pre-Series A funding round to expand its portfolio of ventures and programs. The funding round was invested by Seaborne Capital, Filipino family offices, Imagine If Partners and US family office– the Rufino Family and David Leechiu. AHG Lab ... Read more ›
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The landscape of artificial intelligence (AI) has transformed exponentially since the monumental showdown between Alpha Go and Lee Se-dol in 2016. Today, AI’s applications span diverse sectors, from counterfeit detection and disease diagnostics to advanced security protocols. In several instances, AI has even outperformed human capabilities. Enter Alchera: A tech-driven company spearheading innovation by weaving ... Read more ›
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Karakalpakstan, a region in Uzbekistan, outlines plans to allocate $200 million in soft loans to support companies and establish a Youth Socio-Economic Center in the Khojaili district, with an investment of 1 trillion soums. The city unveiled its plans to support local startups and nurture entrepreneurship with a series of new initiatives under the guidance ... Read more ›
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Venture capital platform Antler has recently unveiled its Antler ONDC, an Open Network for Digital Commerce (ONDC)-focused venture platform in India. This initiative is a collaboration between Antler and notable figures such as Infosys co-founder Nandan Nilekani, FIDE (Beckn Protocol), and ONDC. Antler ONDC serves as a resource hub and expert network for founders who ... Read more ›
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In July’s end, an Egyptian governmental delegation toured Pangyo Techno Valley, Korea’s premier innovation hub, seeking insights into its unparalleled growth. Frequently termed the “Silicon Valley of Korea”, Pangyo Techno Valley is garnering global interest. Launched in 2006, Pangyo Techno Valley has evolved across its three phases, fostering a collaborative ecosystem comprising businesses, support entities, ... Read more ›
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The U.S. plans to enact a prohibition on private-equity and venture-capital investments in specific Chinese technology firms as part of an executive order set to be unveiled by the Biden administration. It intensifies Washington’s endeavors to impede Beijing’s advancement in technology tailored for military applications. Sources suggest that the prospective U.S. restrictions on investment within ... Read more ›
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Japan unveiled its latest development on its “Startup Development Five-year Plan” started in November 2022. The program comes through a collaboration with Kansai. The plan aims to boost the Japanese startup ecosystem by investing 10 trillion yen, creating 100,000 new startups, and nurturing 100 unicorns by 2027. The dynamic ecosystem cultivated within the Kansai region ... Read more ›
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Jakarta-based startup BintanGo, a platform facilitating content creators in monetizing their work, has recently secured $2.2 million in fresh funding, a mix of debt and equity. This round of funding has gained support from Contents Technologies, Transcend Capital Partners, and existing backers Investible and eWTP Tech Innovation Fund. This infusion of capital takes the total ... Read more ›
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Malaysia’s eco-friendly energy solutions provider, Gentari Sdn Bhd (Gentari), has joined forces with automaker BMW Malaysia (BMW) in a partnership for green mobility services and solutions alongside the deployment of renewable energy. In an official statement released on Friday, Gentari revealed that the collaboration was established through its wholly-owned subsidiary, Gentari Green Mobility Sdn Bhd, ... Read more ›
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The beauty market is increasingly adopting simulation technology, providing personalized style suggestions. Through an app, users receive recommendations for makeup products like lipstick and foundation that match their skin tone, providing valuable guidance for purchases. However, hair design is a different game. Compared to cosmetics, it’s pricier and less reversible. An unsatisfactory haircut, perm, or ... Read more ›
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Most popular sources
Business Insider
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20% 12 |
The Verge
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11% 5 |
Tech Wire Asia
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8% 2 |
Gizmodo
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8% 3 |
Tom's Hardware
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8% 5 |
| View sources » | |
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27.11.2024 08:00
Last update: 07:55 EDT.
News rating updated: 14:50.
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