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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3988407 | Tags:



Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
Published: 23-04-2024 | 16:41:00 | By: Bob Koigi
The company will be reported within the business area segment Sandvik Machining Solutions.
















Basis secures $3.6m to bring AI to accounting firms
Published: 31-10-2023 | 10:18:00 | By: Pie Kamau






















Primer joins NVIDIA Inception program for cutting-edge AI startups
Published: 27-10-2023 | 10:12:00 | By: Pie Kamau


BeatMarket platform launches to empower long-term retail investors
Published: 26-10-2023 | 14:45:00 | By: Pie Kamau


The Batchery unveils its17th batch of innovative startups
Published: 26-10-2023 | 14:30:00 | By: Pie Kamau




RevRoad Capital raises $61m to scale early stage startups in Utah
Published: 25-10-2023 | 12:35:00 | By: Pie Kamau
RevRoad Capital announced a $61 million final close of its first fund.


Insurtech startup QuoteWell comes out of stealth, raises $15m Series A funding round
Published: 25-10-2023 | 12:00:00 | By: Pie Kamau
QuoteWell has announced the launch of its brokerage operations.


xtype secures $10.8m funding to amplify its impact in the ServiceNow market amidst soaring demand
Published: 25-10-2023 | 11:32:00 | By: Pie Kamau
xtype, the agile software delivery company, has secured $10.8m additional funding.


Quantum Systems secures €63.6m to bolster European resilience through aerial intelligence
Published: 25-10-2023 | 10:39:00 | By: Pie Kamau
Quantum Systems has announced the completion of €63.6m Series B funding.


Dublin-based Kota raises €5m to enable employers to cover employees’ benefits
Published: 25-10-2023 | 10:15:00 | By: Pie Kamau
Kota, an all-in-one platform to automate insurance, has raised €5m seed round.


Circu Li-ion receives €8.5m seed funding to automate sustainable battery recycling
Published: 24-10-2023 | 10:30:00 | By: Pie Kamau
Circu Li-ion has announced the closing of a €8.5m seed financing round.


Former JP Morgan exec Jeremy Balkin launches innovative payment solution TodayPay
Published: 24-10-2023 | 09:50:00 | By: Pie Kamau
TodayPay has emerged from stealth mode to unveil payment technology solution.


Cecilian Partners secures growth funding from Dallas-based VC firm Perot Jain
Published: 19-10-2023 | 15:49:00 | By: Pie Kamau
Cecilian Partners has secured growth capital from Dallas-based VC firm Perot Jain.


Estonian startup Bisly raises €3.6m for energy-saving building automation in EU
Published: 19-10-2023 | 14:44:00 | By: Pie Kamau
Bisly has closed a €3.6 million round of fundraising.


RespirAI partners with Mayo Clinic to develop AI respiratory platform
Published: 19-10-2023 | 13:38:00 | By: Pie Kamau
RespirAI Medical has entered into a collaboration with Mayo Clinic for developing a wearable AI-based home monitoring platform for respiratory diseases.


Mudrex launches Saber.Money to offer onramp and offramp services in India
Published: 19-10-2023 | 13:09:00 | By: Pie Kamau
Mudrex announced the launch of Saber.Money to offer services to B2B clients.


Roofing technology startup Roofr raises $23.5m to build end-to-end roofing software
Published: 19-10-2023 | 11:36:00 | By: Pie Kamau
Roofr, a roofing technology startup, has raised $23.5m in funding.


Paris-based startup Hivebrite secures $37m to expand global community engagement platform
Published: 18-10-2023 | 13:20:00 | By: Pie Kamau
Hivebrite has raised a $37m Series B funding round.


Stockholm-based climate fintech Cloover secures €7m for renewable energy solutions
Published: 18-10-2023 | 13:03:00 | By: Pie Kamau
Cloover has closed an oversubscribed €7 million pre-seed investment round.


Cerebrum Tech secures $1.8m investment to accelerate growth of Generative AI
Published: 18-10-2023 | 12:43:00 | By: Pie Kamau
Cerebrum Tech has secured an investment of $1.8m, valuing the company at $15m.


Cohere taps NetSuite to scale business processes, meet global AI demand
Published: 18-10-2023 | 12:23:00 | By: Pie Kamau
Cohere has selected NetSuite to support its mission to empower enterprises.


Open wealth platform Flanks secures $8m to disrupt the wealth management sector
Published: 18-10-2023 | 11:52:00 | By: Pie Kamau
Flanks, an API for automated wealth services, has secured $8m Series A round.


Reality Defender secures $15m Series A funding to detect text, video and image deepfakes
Published: 17-10-2023 | 16:55:00 | By: Pie Kamau
Reality Defender announced it has raised $15 million in Series A funding.


AI solutions provider Meeranda joins NVIDIA Inception
Published: 17-10-2023 | 16:24:00 | By: Pie Kamau
Meeranda, an AI solutions provider, announced it has joined the NVIDIA Inception.


HeartX Accelerator announces five startups selected for the 2023 program
Published: 17-10-2023 | 14:25:00 | By: Pie Kamau
HeartX has selected five startups that will participate in the 2023 accelerator program.


Edinburgh-based Par Equity launches £100m fund to scale high-growth tech companies
Published: 17-10-2023 | 13:50:00 | By: Pie Kamau
Par Equity has announced the launch of its new venture fund.


German insurtech Getsafe acquires French startup Luko to expand its European presence
Published: 17-10-2023 | 13:09:09 | By: Pie Kamau
Getsafe has entered into an agreement to acquire French insurtech Luko.


EIF and Swedish fintech Invoier boost European SMEs with €58m financing
Published: 16-10-2023 | 14:59:00 | By: Pie Kamau
EIF and Invoier have partnered to provide SMEs with better access to funding.


Trind invests in Spanish startup Webel to expand services marketplace
Published: 16-10-2023 | 14:31:00 | By: Pie Kamau
Webel, the app that brings any service to your doorstep, has raised €2.1m.


Kuramo Capital to invest $150m in women-led startups in Africa
Published: 16-10-2023 | 13:59:00 | By: Pie Kamau
Kuramo Capital Management has announced plans to invest $150m in female-led enterprises.


South African logistics startup Tripplo raises $1.8m funding to scale its operations
Published: 16-10-2023 | 13:35:00 | By: Pie Kamau
Tripplo has closed its seed funding extension round with $1.8m equity investment.


KindWorks.AI raises $1.5m funding to revolutionize workplace culture using proven power of Kindness
Published: 16-10-2023 | 13:12:00 | By: Pie Kamau
KindWorks.AI has closed an oversubscribed pre-seed round over $1.5m.


Mobility startup Treepz launches insurance program for car rentals in Africa
Published: 13-10-2023 | 15:32:01 | By: Pie Kamau
Treepz is introducing an insurance program for car rentals in Africa.


Finnish energy tech startup Capalo AI raises €500K to accelerate growth
Published: 13-10-2023 | 14:32:00 | By: Pie Kamau
Capalo AI has raised €500K funding to further develop its virtual power plant.


AWS and Immutable partner to supercharge mass adoption of Web3 gaming globally
Published: 13-10-2023 | 14:14:00 | By: Pie Kamau
Immutable will work with AWS to accelerate the on-boarding of game studios to Web3.


Film tech startup KINO Studios secures $2m to reshape the entertainment economics
Published: 13-10-2023 | 13:57:00 | By: Pie Kamau
KINO announced $2m oversubscribed pre-seed funding round.


Bedrock Energy raises $8.5m to decarbonize commercial real estate with geothermal energy
Published: 13-10-2023 | 13:41:00 | By: Pie Kamau
Bedrock Energy has announced $8.5 million in seed capital.


Sony launches Sony Innovation Fund Africa
Published: 12-10-2023 | 11:50:00 | By: Pie Kamau
Sony has launched ''Sony Innovation Fund: Africa" to support the growth of the entertainment businesses in Africa.


Intento secures $8m Series A funding to enhance multilingual GenAI capabilities
Published: 12-10-2023 | 11:39:00 | By: Pie Kamau
Intento announced a $8 million Series A funding round led by Somersault Ventures.


Aclid closes $3.3m seed funding to advance biosecurity and compliance
Published: 12-10-2023 | 11:27:00 | By: Pie Kamau
Aclid announced the closing of an oversubscribed seed financing of $3.3 million.


Swiss healthtech startup CARE appoints Kay Oswald as CEO for U.S. market expansion
Published: 12-10-2023 | 11:17:00 | By: Pie Kamau
CARE has appointed Kay Oswald as the new CEO.


NVCA updates industry standard model legal documents to empower venture community
Published: 12-10-2023 | 11:03:00 | By: Pie Kamau
NVCA has announced significant updates to five of its premier model legal documents.


Workfully raises €1.2m seed round to build the most trusted recruiting experience
Published: 11-10-2023 | 12:31:00 | By: Pie Kamau
Workfully has raised €1.2m seed round to fuel its product growth and expand its team.


French insurtech startup Orus raises €11m funding to expand its services in Europe
Published: 11-10-2023 | 11:43:00 | By: Pie Kamau
French insurtech startup Orus has raised €11 million in Series A funding.


Shakti Ventures dives into femtech sector to elevate women's health
Published: 11-10-2023 | 11:19:00 | By: Pie Kamau
Shakti Ventures is on a mission to invest in revolutionary startups within the femtech industry.


Nebraska startup Dwellr raises $500K pre-seed round to transform the search for senior care
Published: 11-10-2023 | 10:59:00 | By: Pie Kamau
Dwellr has secured $500K in funding led by Move Venture Capital and Invest Nebraska.


Plug and Play announces final batch of startups selected for Silicon Valley programs
Published: 11-10-2023 | 10:48:00 | By: Pie Kamau
Plug and Play has announced the final batch of startups for its Silicon Valley programs.


[Column] Christopher Saul: Kenya’s AI revolution can happen with the IT you already have
Published: 10-10-2023 | 12:33:00 | By: Pie Kamau
AI is set to become the most prolific and impactful technology trend in the world.


Harpie launches Wallet Monitoring tool for crypto investors
Published: 10-10-2023 | 12:18:00 | By: Pie Kamau
Harpie has launched a Wallet Monitoring tool that provides real-time threat detection for crypto wallets.


E-commerce tech platform MarketLeap secures €2.6m to expand brands’ global reach and revenue
Published: 10-10-2023 | 12:03:00 | By: Pie Kamau
MarketLeap has secured €1.5m funding.


Relocalize raises $2.5m seed round to decarbonize food & beverage manufacturing
Published: 10-10-2023 | 11:41:00 | By: Pie Kamau
Relocalize has raised $2.5m in the initial closing of $3.5m seed round.


Vyzer secures $6.3m seed funding to transform wealth management with AI
Published: 10-10-2023 | 11:25:00 | By: Pie Kamau
Vyzer, a digital wealth management platform, has raised a seed round of $6.3m.


Lottie raises £16.35m to confront the social care crisis, elevate the standard of later living
Published: 09-10-2023 | 11:52:00 | By: Pie Kamau
London-based Lottie has raised £16.35m Series A funding round.


Vistry unveils conversational AI platform LumoChat for food commerce
Published: 09-10-2023 | 11:06:00 | By: Pie Kamau
Vistry has announced the launch of its Conversational AI platform, LumoChat.


Fintech startup CrossFund raises additional $1.5m in funding at $47m valuation
Published: 09-10-2023 | 10:40:00 | By: Pie Kamau
Singapore-based fintech startup CrossFund, has raised its fourth funding round.


Gebrüder Weiss provides zero-emission deliveries to end customers in Budapest
Published: 09-10-2023 | 10:24:00 | By: Pie Kamau
Gebrüder Weiss has started to provide zero-emission deliveries to end customers.


Aampe secures $7.5m to accelerate AI-driven customer engagement
Published: 09-10-2023 | 10:03:00 | By: Pie Kamau
Aampe the AI-native user engagement platform, announced a $7.5m pre-series A funding round.


Israeli precision irrigation management startup Treetoscope closes $7m seed round to fuel growth
Published: 06-10-2023 | 12:35:00 | By: Pie Kamau
Treetoscope has closed $7m seed round.


Plug and Play Alberta announces 73 startups for Fall cohort accelerator programs
Published: 06-10-2023 | 12:11:00 | By: Pie Kamau
Plug and Play Alberta has announced 73 startups for the Fall cohort.


Romanian AI startup Creatopy raises $10m to scale its creative automation platform
Published: 06-10-2023 | 11:54:00 | By: Pie Kamau
Creatopy, the AI-driven creative automation platform, has raised $10m Series A funding.


French SaaS firm scnd raises €4m to disrupt the sales of services
Published: 06-10-2023 | 11:29:00 | By: Pie Kamau
scnd, the trailblazing French SaaS solution, announced a €4m funding round backed by 42Cap and Partech.


Startup Wise Guys and EBRD launch Growth Ukraine programme
Published: 06-10-2023 | 10:46:00 | By: Pie Kamau
Startup Wise Guys announced the launch of Growth Ukraine programme.


BFA Global, FSD Africa and IUCN launch Africa Blue Wave to support tech startups
Published: 05-10-2023 | 13:16:00 | By: Pie Kamau
BFA Global, FSD Africa, and IUCN have launched the Africa Blue Wave.


Mews acquires hospitality startup Nomi to accelerate AI guest experiences
Published: 05-10-2023 | 12:50:00 | By: Pie Kamau
Mews has announced its acquisition of Nomi, a Nashville-based hospitality startup.


Canadian e-Commerce inventory platform Centro launches with $2m pre-seed funding round
Published: 05-10-2023 | 12:16:00 | By: Pie Kamau
e-Commerce inventory platform Centro, announced a $2m in pre-seed funding.


Cordis acquires medical device startup MedAlliance at $1.1 billion
Published: 05-10-2023 | 11:52:00 | By: Pie Kamau
Cordis has completed the acquisition of MedAlliance, a Swiss medical device startup.


Swedish fintech Brite Payments raises $60m to accelerate instant bank payments across Europe
Published: 04-10-2023 | 15:34:00 | By: Pie Kamau
Brite Payments has announced a $60m funding round.


Japanese semiconductor firm EdgeCortix closes $20m to accelerate AI capabilities
Published: 04-10-2023 | 15:11:00 | By: Pie Kamau
EdgeCortix announced the closing of a $20m funding round.


At One Ventures launches $375m climate tech fund
Published: 04-10-2023 | 14:26:00 | By: Pie Kamau
At One Ventures announced the close of a $375m second fund.


Insurtech startup Allium secures $750k funding to revolutionize insurance data analytics
Published: 04-10-2023 | 13:39:00 | By: Pie Kamau
Allium Data announced the close of $750k pre-seed funding round.


Epson opens call for third Innovation Challenge for startups and developers
Published: 04-10-2023 | 12:48:00 | By: Pie Kamau
Epson is expanding its third Innovation Challenge for developers and startups.


Copenhagen-based platform Marts secures €1.75m to launch the OS for IT management
Published: 03-10-2023 | 13:19:00 | By: Pie Kamau
Copenhagen-based IT management platform Marts, has secured €1.75m funding.


Stanley Capital Partners announces first resource efficiency investment with Roboyo
Published: 03-10-2023 | 12:48:00 | By: Pie Kamau
Stanley Capital Partners has announced a strategic investment in Roboyo.


London-based startup Unitary raises $15m for AI-driven content moderation
Published: 03-10-2023 | 11:56:00 | By: Pie Kamau
Unitary has raised $15m in a Series A round to scale its AI video classification technology.


Providence unveils its fourth incubated technology Praia Health
Published: 03-10-2023 | 11:37:00 | By: Pie Kamau
Providence announced that Praia Health is the next incubated technology.


Magnitude Digital launches grant program to offer growth marketing services to startups
Published: 03-10-2023 | 11:13:00 | By: Pie Kamau
Magnitude Digital is launching the Magnitude Digital Startup Grant.


Applied Ventures selects seven deeptech startups to transform disruptive possibilities into reality
Published: 02-10-2023 | 14:53:00 | By: Pie Kamau
Applied Ventures selected seven deeptech startups during its fourth cohort program.


Cardata raises $100m capital to accelerate growth in product innovation
Published: 02-10-2023 | 14:26:00 | By: Pie Kamau
Cardata has announced a new round of growth investment.


MeetingPackage raises $4.6m to boost European growth, forge into the North American market
Published: 02-10-2023 | 13:11:00 | By: Pie Kamau
MeetingPackage has secured a $4.6m Series A round.


CENTA platform crosses 1m, becomes world's largest community of teachers
Published: 02-10-2023 | 12:47:00 | By: Pie Kamau
Centre for Teacher Accreditation recently launched its enhanced native app, CENTA.


Prompt AI raises $5m seed funding to revolutionize computer vision
Published: 02-10-2023 | 12:11:00 | By: Pie Kamau
Prompt AI, a startup harnessing the power of large language models to democratize access to computer vision, raised $5m seed funding.


SUNeVision launches first startup programme to advance innovations in Hong Kong
Published: 27-09-2023 | 11:17:00 | By: Pie Kamau
SUNeVision has announced the launch of its first startup programme.


ZENCE OBJECT secures $2.5m to commercialise sustainable materials from tea residuals
Published: 28-08-2023 | 11:33:00 | By: Pie Kamau
ZENCE OBJECT has secured $2.5m from the AEF Greater Bay Area Fund (AEF GBA).


OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
Published: 07-08-2023 | 13:57:00 | By: Pie Kamau
OKX Ventures has announced a $1m investment in Moonbox.


Proptech startup NineSmart launches contactless booking solution
Published: 28-04-2023 | 15:31:20 | By: Bob Koigi
With the rising demand for property technology (PropTech), NineSmart is committed to becoming a prominent solution provider in the market with advanced IoT technology.


Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
Published: 28-03-2023 | 12:14:00 | By: Pie Kamau
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.


Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
Published: 14-03-2023 | 09:55:00 | By: Pie Kamau
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.


Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Published: 02-03-2023 | 09:58:00 | By: Pie Kamau
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.


Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
Published: 28-02-2023 | 12:44:00 | By: Pie Kamau
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.


[Column] Xiao Feng: The 10 principles of Web3
Published: 03-02-2023 | 12:52:00 | By: Pie Kamau
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.


Plug and Play China launches call for global startup applications
Published: 23-01-2023 | 11:53:00 | By: Pie Kamau
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).


Beijing-based Astro-E closes seed round financing to accelerate growth
Published: 16-01-2023 | 11:35:00 | By: Pie Kamau
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.


Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Published: 14-12-2022 | 08:59:00 | By: Pie Kamau
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.


HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
Published: 05-12-2022 | 10:18:00 | By: Pie Kamau
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.


Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Published: 30-11-2022 | 12:47:00 | By: Pie Kamau
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.


Hong Kong and Singapore lead green fintech development among the five economies in the APEC region, study
Published: 31-10-2022 | 10:42:00 | By: Pie Kamau
GoImpact, together with The CUHK Business School, released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC.


GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
Published: 31-10-2022 | 07:21:00 | By: Pie Kamau
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).


Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Published: 27-10-2022 | 12:16:00 | By: Pie Kamau
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.


BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
Published: 15-09-2022 | 11:02:00 | By: Pie Kamau
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.


Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
Published: 05-09-2022 | 13:16:00 | By: Pie Kamau
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.


Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Published: 10-08-2022 | 12:27:00 | By: Pie Kamau
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.


Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
Published: 11-07-2022 | 10:30:00 | By: Pie Kamau
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.


Lummus announces successful startup of CATOFIN PDH unit in China
Published: 01-07-2022 | 14:21:00 | By: Pie Kamau
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.


Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
Published: 15-06-2022 | 13:44:00 | By: Pie Kamau
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.


Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Published: 15-06-2022 | 11:35:13 | By: Pie Kamau
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.


BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Published: 07-06-2022 | 10:26:00 | By: Pie Kamau
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.


Foodtech startup Haofood partners Lawson to accelerate presence in China
Published: 11-05-2022 | 12:30:00 | By: Pie Kamau
Haofood, a food science and technology startup announced a new partnership with Chinese convenience store Lawson where customers will gain greater access to its products.


Biotech startup AskGene completes of $20m Series A financing to accelerate growth
Published: 10-05-2022 | 10:45:00 | By: Pie Kamau
AskGene, a clinical-stage biopharmaceutical company focusing on discovery and development of innovative biological drugs, announced the completion of $20 million in Series A financing.


Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
Published: 22-02-2022 | 12:07:00 | By: Pie Kamau
Shenzhen-based fintech startup Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-Commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more.


The Sandbox and Brinc announce $50m open metaverse accelerator program funding for 100 startups
Published: 27-01-2022 | 11:18:00 | By: Pie Kamau
The Sandbox, a decentralized gaming metaverse, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.


SOMA.finance closes $6.5m seed funding round to accelerate growth
Published: 24-01-2022 | 15:09:00 | By: Pie Kamau
SOMA.finance, a Hong Kong and New York-based decentralized marketplace for digital assets, announced the completion of a $6.5 million seed funding round.


Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
Published: 04-01-2022 | 10:09:00 | By: Bob Koigi
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to $150 million) in its Series A financing round, giving itself strong financial momentum to expand this new year.


Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Published: 25-11-2021 | 12:31:00 | By: Pie Kamau
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.


Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Published: 18-11-2021 | 08:56:00 | By: Pie Kamau
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.


Chinese SEI Robotics partners with Silicon Valley's Medtrics to bring telemedicine service to Android TV
Published: 29-10-2021 | 15:44:00 | By: Pie Kamau
SEI Robotics, a global innovator of smart IOT devices & provider of Android TV platforms for Pay-TV operators (MVPD), announced its strategic partnership with Medtrics, the Silicon Valley startup, player of digital health service.


Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
Published: 28-10-2021 | 09:15:00 | By: Pie Kamau
WeRide, a Chinese L4 autonomous driving company released WeRide Sensor Suite 4.0 (Suite 4.0), marking another key step towards the mass production of self-driving vehicles.


Chinese startup MioTech raises additional financing to develop sustainability innovations that support net-zero global economy
Published: 26-10-2021 | 11:22:07 | By: Pie Kamau
MioTech announced it has secured investments to further its commitment to develop sustainability innovations that support a net-zero global economy.


Chinese autonomous driving startup WeRide named "AutoTech Startup of the Year" in 2021 AutoTech Breakthrough Awards Program
Published: 21-10-2021 | 12:49:00 | By: Pie Kamau
WeRide, a world autonomous driving company, has been named "AutoTech Startup of the Year" in the annual AutoTech Breakthrough Awards conducted by market intelligence organization AutoTech Breakthrough.


Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
Published: 22-09-2021 | 14:26:00 | By: Pie Kamau
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.


Chinese intelligent robotics startup Agile Robots completes Series C financing to accelerate growth
Published: 21-09-2021 | 10:41:12 | By: Pie Kamau
Agile Robots, an intelligent robotics company, announced the completion of a Series C financing with a total investment of $220 million. The financing was led by SoftBank Vision Fund 2, followed by financial investors.


Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Published: 01-09-2021 | 13:07:00 | By: Pie Kamau
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.


HUAWEI partners with Singapore-based healthtech startup Plano to tackle global problem of myopia
Published: 05-08-2021 | 12:30:00 | By: Pie Kamau
Huawei Technologies and Plano announced a partnership to address the global problem of myopia. Through this partnership, Huawei and Plano will provide Huawei users with easy-to-use, innovative, and science-based technological solutions.


Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Published: 22-07-2021 | 11:55:14 | By: Pie Kamau
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.


QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
Published: 08-06-2021 | 13:13:00 | By: Pie Kamau
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.


Speedaf express completes Round A+ financing to build China-Africa express brand
Published: 08-06-2021 | 12:32:54 | By: Pie Kamau
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by Northern Light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.


Chinese AI robotics startup Mech-Mind completes Series C funding
Published: 24-05-2021 | 14:31:35 | By: Pie Kamau
Chinese AI industrial robotics startup, Mech-Mind Robotics (Mech-Mind), completed Series C funding led by tech giant Meituan, bringing Mech-Mind's total funding to over $100 million, making Mech-Mind one of the world's most funded AI+ industrial robotics startups.


Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Published: 11-05-2021 | 12:04:00 | By: Pie Kamau
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.


Revere VC raises $1.35 m seed round to give venture capital its vanguard moment
Published: 07-05-2021 | 12:34:00 | By: Pie Kamau
Revere VC, a San Francisco and Hong Kong based asset management firm, announced the launch of its flagship products and services; "The Portal,' a curated VC platform, and its inaugural fund strategy, 'The Prime Access Fund.'


Chinese biotech startup Bioheng raises $80m in Series B financing to advance allogeneic immuno-cell therapies
Published: 24-03-2021 | 15:37:00 | By: Pie Kamau
Bioheng Biotech, a clinical-stage biotechnology company dedicated on developing novel cellular immunotherapy for cancer, announced that it had secured $80 million in Series B Financing.


Chinese logistics startup Duckbill closes $50m funding
Published: 22-03-2021 | 14:59:00 | By: Pie Kamau
Duckbill, the world container trucking/drayage service platform featuring intelligent dispatching and transportation management, announced the closing of fund raising of $50 million which marks the biggest funding in the industry.


Adjuvant Capital announces $300m venture fund to improve global public health
Published: 19-02-2021 | 12:32:00 | By: Pie Kamau
Adjuvant Capital announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges.


Proxima Ventures, Co-win Ventures invest in Bioelectronica to accelerate pharmaceutical discovery and development
Published: 09-02-2021 | 08:47:00 | By: Pie Kamau
Bioelectronica announced the closing of an investment by Proxima Ventures and Co-win Ventures to advance the company's innovations in digital biochemistry, from novel assay development to scalable electrofluidics.


Chinese venture capital firm Qiming closes RMB Fund VI at RMB 2.852 billion
Published: 26-01-2021 | 09:48:00 | By: Pie Kamau
Chinese venture capital firm Qiming Venture Partners announced the final closing of its RMB Fund VI at RMB 2.852 billion.


Genomics startup NuProbe closes $42m fundraising for expansion
Published: 12-01-2021 | 11:34:00 | By: Pie Kamau
NuProbe, a genomics and molecular diagnostics company specialized in ultrasensitive sequencing panels, announced the closing of its oversubscribed $42 million fundraising.


Chinese iQIYI's VR startup completes Series B funding to drive innovation, expand content ecosystem
Published: 06-01-2021 | 13:27:00 | By: Pie Kamau
iQIYI Inc., an innovative market-leading online entertainment service in China, announced it has recently completed a multi-hundred million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent.


Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Published: 16-11-2020 | 13:24:00 | By: Pie Kamau
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.


Luxury e-commerce startup ShopWorn enters Asia with Hong Kong satellite
Published: 28-10-2020 | 13:23:53 | By: Pie Kamau
ShopWorn, e-commerce destination for well-priced, guaranteed authentic luxury brands opened a Hong Kong satellite location to directly service APAC countries, with an initial focus on the Greater China area.


Alfa Bank, Plug and Play collaborate on innovation in Fintech
Published: 30-09-2020 | 14:39:00 | By: Pie Kamau
Along with 80 other financial institutions across the United States, Frankfurt, Amsterdam, Milan, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, Alfa Bank will join Plug and Play's global ecosystem.


Smart consumer technology startup Dreame raises $14.6m in Series B+ funding
Published: 07-09-2020 | 16:16:00 | By: Pie Kamau
Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced it raised $14.6 million in its Series B+ funding led by IDG Capital.


Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Published: 28-07-2020 | 13:47:00 | By: Pie Kamau
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.


Mitsui Chemicals, UNEP support Asian startups helping reduce plastic waste
Published: 22-05-2020 | 08:54:00 | By: Pie Kamau
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.


Intel Capital invests $132 million in 11 disruptive technology startups
Published: 19-05-2020 | 12:52:00 | By: Bob Koigi
Intel Capital, the global investment arm of tech giant Intel has invested $132 million in 11 technology startups.