Orange Inc., a manga localization technology company, has successfully completed its pre-Series A financing round, raising JPY 2.92 billion (USD 19.5 million). The Japanese startup, which specializes in translating manga […] Read more ›
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Shares of Robosense Technology, a Chinese developer specializing in laser imaging, detection, and ranging (LiDAR) sensors for autonomous vehicles, experienced a 2% decline on its debut on the Hong Kong stock exchange, marking the first new listing of 2024. The company, backed by Alibaba, disclosed that it had raised HK$985.12 million ($126.14 million) through its ... Read more ›
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Techstars, established in 2006, stands as one of the most active pre-seed investors, having extended support to over 3,800 companies. The company aims to facilitate a broader flow of capital to entrepreneurs worldwide, ensuring remarkable returns for investors. On average, an impressive 74.5% of Techstars companies secure funding within three years of participating in their ... Read more ›
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Indonesian ed-tech company Zenius has officially announced its temporary shutdown due to operational challenges, as revealed by its co-founder and CEO, Sabda Putra Subekti. Expressing regret for any inconvenience caused, Subekti apologized and thanked users and partners for their trust in a statement. The suspension of operations by Zenius Education, one of Indonesia’s prominent ed-tech ... Read more ›
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Swap Energi, the Indonesian electric battery service developer, has secured Series A funding totaling $22 million (equivalent to IDR 341.4 billion). As reported by Alternatives.pe, regulatory data reveals the participation of three key investors in this funding round: Qiming Venture Partners, Ondine Capital and GGV Capital. Swap Energi’s Co-Founder & CEO, Irwan Tjahaja, has officially ... Read more ›
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Chinese venture capital firm GBA Capital has unveiled plans to allocate $10 billion for a Web3 fund with a focus on supporting startups in virtual reality, the metaverse, and non-fungible tokens (NFTs). The announcement was made during the Guangdong-Hong Kong-Macao Greater Bay Area Digital Economy Development Conference held on December 26. GBA Capital aims to ... Read more ›
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Founders-led investment firm We Founder Circle (WFC) announced on Monday that it has become the largest angel investor network in the country by investing in 103 deals across 82 startups in 2023. This accomplishment adds to WFC’s track record, as the firm has now invested in 207 deals across 162 startups within three years of ... Read more ›
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If we were to guess which Taiwanese street food has the potential to catch on in America, boba milk tea would definitely top the list. “In Los Angeles, beverage shops can be found almost everywhere,” says Ron Chan, the founder of ODD ONE OUT TEA, a boutique Taiwanese beverage franchise. Discussing the “boba milk tea ... Read more ›
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Founded in 1999, Catcha Group is an entrepreneurial foundation with over 20 years of expertise in building and investing in disruptive technology enterprises globally, with a keen focus on Southeast Asia and Australia. As one of the prominent investors in the digital domain within emerging markets, particularly ASEAN, the group has had six IPOs in ... Read more ›
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Brainbees Solutions, the parent company of the well-known online retailer FirstCry, has officially filed its draft red herring prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on December 28, signaling its intent to go public. The Pune-based company aims to generate Rs 1,816 crore through a primary issue outlined in the DRHP. ... Read more ›
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Asia Tech Daily proudly presents a transformative subscription model tailored for the dynamic world of startups and investors. Our premium subscription is not just a service; it’s an exclusive gateway to unparalleled insights, connections, and opportunities. Here’s why you should consider subscribing today. 1. Startup Insider Insights Newsletter: Founder-Centric Focus: Curated content designed with startup founders ... Read more ›
2
TNGlobal (formerly TechNode Global) announces the fourth edition of its ORIGIN Innovation Awards with the theme “Leading the Path to a Sustainable and Responsible Future.” This year’s awards will have a continued focus on how innovations are making an impact on sustainable development goals, celebrating and showcasing the remarkable endeavors of tech-driven entrepreneurs, innovators, businesses, and stakeholders ... Read more ›
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In the recent ceremony held at the Ministry of Digital Technologies in Uzbekistan, the prestigious “President Tech Award” competition celebrated its winners, recognizing the most advanced startup projects in the country. Mentalaba.uz, a disruptive project focusing on revolutionizing education in Uzbekistan, secured the top spot in the category of “Information technologies in the social sphere.” ... Read more ›
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Golden Gate Ventures, a prominent southeast venture capital fund, has unveiled plans to set up its inaugural Middle East and North Africa (MENA) office in Saudi Arabia. The move is strategically aimed at fostering stronger connections between Singapore and the MENA region while concurrently expediting the growth of the startup ecosystem in MENA. The establishment ... Read more ›
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Based in India, Startup Capital operates as a venture studio provides support for innovative entrepreneurs, early-stage startups, and angel investors. The venture studio specializes in delivering comprehensive assistance in business development by harnessing the collective expertise and industry insights of its dedicated team. With an extensive network of investors, Startup Capital facilitates meaningful connections, linking ... Read more ›
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Singaporean Private Equity Firm Novo Tellus has successfully concluded the fundraising for its third private equity fund, Novo Tellus PE Fund 3, L.P. The fund outperformed its fundraising goal by 36%, ultimately closing at its hard cap with an impressive US $510 million in commitments. The company accomplished the closing of its fundraising within six ... Read more ›
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The European Investment Bank (EIB) Global has committed to investing up to $40 million in the private equity fund Amicus Capital Partners Fund II, focusing on supporting small and medium-sized enterprises (SMEs) across various sectors in India. Kris Peeters, Vice-President of the EIB, and Mahesh Parasuraman, Partner and Co-founder of Amicus Capital, officially announced the ... Read more ›
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Republished from Gunderson Dettmer: Gunderson Dettmer’s Singapore office continues to earn top rankings for Startups & Emerging Companies (Singapore) in the newly released Chambers and Partners Asia-Pacific 2024 guide. Singapore managing partner Jonathan Pentzien is ranked a Band 1 Leading Individual for the fourth consecutive year, and partner David He, who was newly ranked Up and ... Read more ›
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Philippines-based Citicore Renewable Energy Corp, a major player in the country’s solar power sector, has officially applied to an initial public offering (IPO), seeking to raise up to 12.94 billion pesos ($231.9 million). The IPO involves the sale of approximately 3.335 billion shares, including an over-allotment option, priced at up to 3.88 pesos ($0.07) per ... Read more ›
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Gunderson Dettmer’s Singapore has secured top honors in the latest Chambers and Partners Asia-Pacific 2024 guide. The company leads the market in providing legal services for Startups & Emerging Companies in the region. The newly released rankings spotlight the achievements of the Singapore team, with Managing Partner Jonathan Pentzien earning a Band 1 Leading Individual ... 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 |
| View sources » | |
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27.11.2024 03:52
Last update: 03:41 EDT.
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