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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3992304 | 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.








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.


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.


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.


Mythic Protocol raises $6.5m to build the world first collaborative entertainment
Published: 13-09-2023 | 15:30:00 | By: Pie Kamau
Mythic Protocol has closed an oversubscribed $6.5 million seed round.


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.


SuperScale raises $5.4m Series A to grow revenue for game developers and publishers
Published: 10-07-2023 | 11:32:00 | By: Pie Kamau
SuperScale announced it has raised $5.4 million in a Series A funding round.


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).


African mobile game publisher Carry1st raises $27m funding round to accelerate growth
Published: 20-01-2023 | 09:16:00 | By: Pie Kamau
African mobile game publisher Carry1st, has raised $27 million in a funding round led by BITKRAFT Ventures, featuring participation from Andreessen Horowitz (a16z), TTV Capital, Alumni Ventures, Lateral Capital, Kepple Ventures, and Konvoy.


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.


Yida Gao and Shima Capital invest in Web3 gaming startup Midnight
Published: 02-12-2022 | 10:52:00 | By: Pie Kamau
Shima Capital, led by founder and Managing General Partner Yida Gao, announced their investment in Web3 gaming startup Midnight.


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.


Mobile game startup Luckmon raises $1.3m pre-seed round to bring popular casual games reward platform
Published: 15-11-2022 | 10:50:00 | By: Pie Kamau
Luckmon, a casual mobile game development startup based in Irvine, California, has officially announced its early-round pre-seed fundraising has closed on a whopping $1.3 million.


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.


Swedish tech startup Lurkit launches Creator Program, a gaming influencer marketing product
Published: 25-10-2022 | 13:14:00 | By: Pie Kamau
Swedish tech startup Lurkit announced it is taking its newest gaming influencer marketing product, 'Creator Program,' to the market.


A short guide to start your iGaming business
Published: 18-10-2022 | 14:18:00 | By: Bob Koigi
The online casino industry is experiencing a global rise, and more and more people are constantly on the lookout for new iGaming solutions.


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.


Dutch game-tech startup Enliven raises €1m for groundbreaking empathy training in virtual reality
Published: 12-09-2022 | 11:29:00 | By: Pie Kamau
Together with Oost NL, LUMO Labs is investing €1 million in game-tech company Enliven. This Dutch startup from Arnhem offers groundbreaking empathy training for the prevention of physical and emotional violence in home and workplace.


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.


South Korean animation Startup Plask releases motion capture tool to democratize 3D animation
Published: 30-08-2022 | 13:10:00 | By: Pie Kamau
Plask, a 3D animation startup has unveiled its namesake premium motion capture and animation SaaS tool that makes 3D animation more accessible than ever.


Mobile gaming platform startup INK Games secures $18.75m Series B financing
Published: 26-08-2022 | 13:38:00 | By: Pie Kamau
INK Games (INK), an Austin-based startup building a social gaming and commerce platform, announced it has secured $18.75 million of funding through its Series B equity round.


South African gaming startup Skrmiish secures $2.5m seed round to speed growth
Published: 17-08-2022 | 13:25:00 | By: Pie Kamau
Cape Town-based Skrmiish, a mobile “play-to-earn” app that enables gamers of every level to earn cash in every match they play across the AAA+ games they love, has raised a $2.5 million seed round to speed its global growth.


AI gaming and Esports startup Regression Games exits stealth with $4.2m seed funding from NEA and a16z
Published: 16-08-2022 | 17:25:00 | By: Pie Kamau
Regression Games, the AI gaming and esports company announced it has closed $4.2 million in seed funding led by New Enterprise Associates (NEA).


T-Mobile accelerator startup Krikey brings NFT puppies to the Flow blockchain
Published: 12-08-2022 | 11:07:00 | By: Pie Kamau
Krikey, a gaming studio with more than 5 million users, announced the launch of SolarPups on the Flow blockchain.


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.


London-based soccer game startup CLUB closes $3.1m seed round for the first F2P and Play-and-Earn soccer ownership game
Published: 15-07-2022 | 13:11:00 | By: Pie Kamau
CLUB, the independent studio behind CLUB Game, the first free-to-play (F2P), play-and-earn soccer game that allows you to create and sell your own real-player soccer club, has secured its first major round of funding.


Magic Eden launches Magic Ventures to focus on Web3 gaming investments
Published: 12-07-2022 | 16:11:11 | By: Pie Kamau
Magic Eden, the destination for NFTs, announced the launch of Magic Ventures, a venture arm that will focus on investing in Web3 games.


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.


Swedish gaming startup Lurkit raises $2.7m to empower gaming influencer marketing globally
Published: 13-06-2022 | 14:11:00 | By: Pie Kamau
Swedish gaming influencer marketing platform Lurkit has raised $2.7 million in a seed round from industry investors as the company is launching Quests, a new software suite that enables paid sponsorships between live streamers and gaming companies at scale.


Vietnam's blockchain gaming startup Ancient8 raises $6m to build infrastructure software for GameFi
Published: 09-06-2022 | 12:33:00 | By: Pie Kamau
Ancient8, a GameFi infrastructure developer and Vietnam's largest blockchain gaming guild and community, announced the completion of a $6 million private round of financing led by Makers Fund and C² Ventures.


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.


AI gaming startup Sizzle.gg raises $5m seed round for expansion
Published: 16-05-2022 | 12:59:00 | By: Pie Kamau
Sizzle.gg, an AI-driven patented platform that creates automatic and personalized highlights for esports leagues and teams, video game streamers and more, has raised $5 million in a seed funding round.


Gaming startup StartPlaying raises $6.5m seed funding to scale growth
Published: 16-05-2022 | 12:24:00 | By: Pie Kamau
StartPlaying, the online platform to find tabletop role-playing games and professional Game Masters, announced a $6.5 million seed round led by venture capital firm Andreessen Horowitz general partners Jonathan Lai and Andrew Chen.


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.


Twitch Co-founder raises $35m seed round for Fractal, a new marketplace for gaming NFTs
Published: 11-04-2022 | 11:39:00 | By: Pie Kamau
Fractal, a new marketplace for gaming NFTs founded by Justin Kan, the Co-founder of Twitch, announced a $35 million seed round led by Paradigm and Multicoin Capital with with participation from Andreessen Horowitz.


French in-game ad startup Gadsme raises $8m seed round to scale growth
Published: 08-04-2022 | 14:24:00 | By: Pie Kamau
Gadsme, the interactive adtech platform that offers high quality immersive brand experiences through in-game advertising, secured an $8 million seed investment just 11 months after launch.


Play-to-earn health startup Health Hero closes oversubscribed seed round to finance game development
Published: 01-04-2022 | 16:19:00 | By: Pie Kamau
Health Hero, the company behind the Web3 play-to-earn health game "Health Hero," closed seed round with backing from prominent venture capitals.


Egyptian e-Sport startup Eksab raises $3m seed funding to scale its fantasy football platform
Published: 30-03-2022 | 10:41:00 | By: Pie Kamau
Cairo-headquartered e-Sport startup has raised $3 million seed funding round, bringing the company’s total investment to date to $3.7 million.


Netflix acquires Finnish mobile game developer Next Games for €65m
Published: 02-03-2022 | 14:06:00 | By: Pie Kamau
Netflix announced it has entered into a combination agreement to acquire Finnish mobile game developer, Next Games. Under the terms of the agreement, Netflix will commence a tender offer process to acquire all of the issued and outstanding shares of Next Games.


Singapore-based game-fi blockchain startup Ethlas raises $2.7m seed funding round
Published: 24-02-2022 | 13:03:00 | By: Pie Kamau
Singapore-based game finance (game-fi) blockchain startup, Ethlas, announced it has secured $2.7 million in seed funding from investors such as Sequoia Capital India and Yield Guild Games Southeast Asia.


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.


VentureIsrael Invests in NeuroBrave software startup
Published: 05-01-2022 | 10:43:41 | By: Bob Koigi
An Israeli deep tech fund VentureIsrael participated in the investment round alongside Labs/02 and Samurai Incubate. The investment will be used to accelerate R&D and go-to-market activities.


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.


Kenyan gaming startup Usiku Games develops Africa’s first mobile football game
Published: 23-11-2021 | 07:28:00 | By: Pie Kamau
Kenyan gaming startup Usiku Games unveiled an amateur football mobile game to promote outdoor physical activities and encourage sportsmanship among youths in East Africa.


French gaming startup Million Victories raises $3 million funding to diversify its portfolio
Published: 18-11-2021 | 19:33:25 | By: Bob Koigi
Million Victories will use this funding to increase the studio’s headcount, scale it’s already quickly growing userbase, and develop new core mobile games to diversify its portfolio.


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.


Singapore gaming startup OP Games raises $8.6m to bridge game developers to Web 3.0
Published: 08-10-2021 | 13:16:00 | By: Pie Kamau
OP Games, a startup that enables game developers to monetize their work using Web 3.0, raised $8.6 million of seed funding.


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.


Fantasy football startup Sorare raises $680m Series B to create next sports entertainment giant leveraging NFTs
Published: 21-09-2021 | 08:59:00 | By: Pie Kamau
Sorare, the fantasy football platform, announced it has raised $680 million in Series B financing led by Softbank, with participation from Atomico, Bessemer Ventures, D1 Capital, Eurazeo, IVP and Liontree.


Huobi Ventures launches $10m fund to accelerate innovative GameFi projects
Published: 14-09-2021 | 15:13:00 | By: Pie Kamau
Huobi Ventures, the global investment arm of Huobi Group, announced the launch of a new $10 million fund to invest in emerging GameFi projects around the world.


LG announces global startup competition to recruit new businesses for innovation center
Published: 02-09-2021 | 12:30:00 | By: Pie Kamau
LG Electronics (LG) announced the launch of Mission for the Future, a global challenge competition for startups to identify innovative technologies and business ideas that pave the way to the future.


Sharp Alpha Advisors announces sports betting startup pitch competition in partnership with Sportradar
Published: 01-09-2021 | 13:50:00 | By: Pie Kamau
Sharp Alpha Advisors, a firm specializing in early-stage sports betting technology, and Sportradar, a global provider of sports betting and sports entertainment products and services, have partnered to announce a sports betting startup pitch competition.


Videogame startup Nifty Games raises $38m capital to redefine mobile sports games
Published: 01-09-2021 | 13:32:00 | By: Pie Kamau
Nifty Games, a videogame developer and publisher focused on quick-session, head-to-head sports games for mobile, raised $26 million in a Series B round of equity funding led by Vulcan Capital. In addition, the company has secured $12 million in connected debt financing.


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.


Mobile sports betting startup ZenSports receives its Nevada gaming license
Published: 24-08-2021 | 15:31:00 | By: Pie Kamau
ZenSports, the mobile sports betting app that offers consumers more choices and a better design than any other platform, has officially received its non-restricted gaming license from the Nevada Gaming Control Board.


Hybrid gaming startup and broadcaster Live Play Mobile launches 24-hour-a-day live-hosted social casino game
Published: 19-08-2021 | 12:35:00 | By: Pie Kamau
Live Play Mobile, a new social gaming platform developer that combines live TV formats with mobile games, has become the first publisher to launch a 24-hour-a-day, live-hosted social casino game with its debut title, Live Play Bingo.


Sports technology and gaming startup StatusPRO raises $5.2m seed round to accelerate growth
Published: 13-08-2021 | 15:07:00 | By: Pie Kamau
StatusPRO, a sports technology and gaming company that combines player data, augmented reality (AR) and virtual reality (VR) to create a suite of training and gaming products, announced it has raised a $5.2 million seed 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.


Consumer technology startup Allstar raises $3.85m to democratize gaming content
Published: 14-05-2021 | 11:11:00 | By: Pie Kamau
Allstar, a consumer technology startup focused on democratizing the creation of gaming content, announced a $3.85 million seed round led by members of New York Angels.


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.'


[Startup Interview] PJF Schmidt, Lucas Brosi, Marcus Luer, Urs Meier, Founders, Heroes AG, Switzerland
Published: 09-04-2021 | 17:31:00 | By: Bob Koigi
Heroes AG is a Swiss startup that has tapped into the underdeveloped fan merchandising sector through distribution of modern and trendy lifestyle products.


AI video game wagering startup PLLAY secures additional $1m in funding
Published: 07-04-2021 | 16:50:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, has raised an additional $1 million in funding, bringing its total to $4 million in an oversubscribed seed round.


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.


Chicago-based startup Push raises $1m seed round to fuel mobile game that pays real prize money
Published: 23-02-2021 | 08:32:00 | By: Pie Kamau
Chicago-based startup Push closed a $1 million dollar round led by JBL Energy Partners & private investors, to fuel its live app played by tens of thousands of people, vying to win actual cash.


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.


The African youth powering a gaming revolution
Published: 19-01-2021 | 12:45:00 | By: Bob Koigi
As esports dominate modern entertainment industry as a fast growing sport, Kenya and South Africa youth continue to dominate the world of competitive video gaming.


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.


AI video game wagering startup PLLAY launches MicroVentures campaign, builds on $3m seed round
Published: 18-12-2020 | 12:20:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, officially launched a campaign on MicroVentures, an equity-based crowdfunding website, opening an investment opportunity to the public.


Singapore-based blockchain startup AnRKey X lists native token $ANRX on Bithumb Global and Uniswap
Published: 18-12-2020 | 11:20:00 | By: Pie Kamau
Singapore-based blockchain startup, AnRKey X, announced that $ANRX will be listed on both Bithumb Global and Uniswap.


Cross-platform Mod and UGС service mod.io raises $4m led by Makers Fund and Sequoia's Surge
Published: 08-12-2020 | 14:12:00 | By: Pie Kamau
Makers Fund, a global venture capital fund specializing in interactive entertainment, announced a $4 million seed round for mod.io, a cross-platform UGC and modding service based in Melbourne, Australia.


Video game wagering startup PLLAY secures $3m seed round to accelerate growth
Published: 01-12-2020 | 12:49:00 | By: Pie Kamau
PLLAY, a skill-based video game wagering platform, has closed a $3 million seed funding round led by Screen Play Ventures.


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.


Motion tech startup DeepMotion makes motion capture accessible with launch of Animate 3D
Published: 29-10-2020 | 14:24:00 | By: Pie Kamau
As part of its drive to revolutionize Motion Intelligence, DeepMotion has officially launched their 3D animation cloud service Animate 3D.


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.


ESL and DreamHack merge to shape the future of E-sports and gaming
Published: 01-10-2020 | 16:49:00 | By: Bob Koigi
ESL, the world's largest esports company, and DreamHack, the premier gaming lifestyle festival company, have merged organizations to further accelerate their mission to shape the future of esports and gaming.


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.


ZenSports closes additional $1.46m Seed funding for U.S. and international expansion
Published: 18-09-2020 | 12:52:00 | By: Pie Kamau
ZenSports, the mobile peer-to-peer sports betting marketplace announced a new $1.46 million Seed round of funding to expand into the United States, as well as to continue to grow its international presence.


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.


South Korean Doit5 launches advertising content service using web AR technology
Published: 03-09-2020 | 15:37:00 | By: Pie Kamau
Social marketing platform Doit5 announced the launch of an advertising service that uses content with web based AR technology.


Gaming startup Lootcakes raises $2m to expand rewarded data sharing for VIP gamers
Published: 21-08-2020 | 11:58:00 | By: Pie Kamau
Lootcakes, world's first network devoted to spenders in free-to-play games, announced the closing of a $2 million seed round led by Konvoy Ventures, with other participants including SOSV and GAN Ventures.


Seattle based startup Polyarc raises $9 million for augmented reality development
Published: 29-07-2020 | 13:08:00 | By: Pie Kamau
Seattle based startup Polyarc announced the close of its $9 million Series B fund raise led by Hiro Capital, followed by Vulcan Capital, an existing investor, and Galaxy Interactive via its Galaxy EOS VC Fund.


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.


South African animation and gaming startup Sea Monster secures $1m funding
Published: 17-07-2020 | 15:22:00 | By: Pie Kamau
Animation, gaming and AR/VR company Sea Monster announced the conclusion of a $1m investment from FirstRand’s Vumela Fund.


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.