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Published: 06-04-2018 16:44:00 | By: Nico Scherphuis | hits: 3894304 | 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.
















Dubai launches $136m venture capital fund to finance tech startups
Published: 10-11-2023 | 13:43:00 | By: Pie Kamau




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.


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).


Berlin-based insurtech startup SureIn closes €4m designed for Europe's SMBs
Published: 15-08-2023 | 11:00:00 | By: Pie Kamau
Berlin-based insurtech startup SureIn has closed a €4 million Seed round.


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.


Visa opens applications for its Africa Fintech Accelerator Program
Published: 21-07-2023 | 15:16:00 | By: Pie Kamau
Visa has opened applications for startups to participate in the first cohort of the Visa Africa Fintech Accelerator program.


Swiss fintech startup Numarics raises €10.2m seed round
Published: 20-07-2023 | 14:58:00 | By: Pie Kamau
Swiss fintech startup Numarics has raised a €10.2m seed round for its automated accounting and administration solution tailored to SMEs.


5 tips to improve small business productivity, Family Features
Published: 18-07-2023 | 11:47:00 | By: Pie Kamau
Running a small business comes with a multitude of challenges that can hinder productivity.


Ayoba, Adanian Labs launch accelerator programme in Nigeria
Published: 10-07-2023 | 10:56:00 | By: Pie Kamau
Ayoba has partnered with Adanian Labs to launch an SME accelerator program in Nigeria.


Customer success platform ZapScale secures $2.5m seed funding to accelerate growth
Published: 13-06-2023 | 09:44:00 | By: Pie Kamau
ZapScale announced it has successfully raised $2.5 million in seed funding.


[Column] Mukesh Bector: A simple place to start if you’re lagging on digital transformation
Published: 30-05-2023 | 08:59:00 | By: Pie Kamau
Digital transformation: we’ve all heard the phrase a thousand times.


[Column] Oluwatobi Amusan: Financial inclusion in Africa with embedded trade finance
Published: 03-05-2023 | 10:03:00 | By: Pie Kamau
There can be no talk of financial inclusion in Africa without trade finance. Trade promotes economic growth, reduces poverty, fosters economic and cultural links between regions and countries, and facilitates capital movement.


Fintech startup Pyypl rolls out social, micro-investment platform for African entrepreneurs and micro-SMEs
Published: 03-05-2023 | 08:52:00 | By: Pie Kamau
Fintech startup Pyypl has announced the commercial rollout of its social, micro-investment platform for self-employed entrepreneurs and micro-SMEs in Africa.


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.


French-African Fund 2 completes final close at over €50 million
Published: 19-04-2023 | 13:45:00 | By: Pie Kamau
AfricInvest announced a final close of the French African Fund II (FFA II), the successor fund to the French African Fund (FFA), having raised over €50 million of subscriptions.


[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Published: 18-04-2023 | 16:31:00 | By: Pie Kamau
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups.


Nigerian fintech startup Moni unveils new community-powered digital loans for African SMEs
Published: 04-04-2023 | 13:49:00 | By: Pie Kamau
Nigerian fintech startup Moni has launched a new range of business loans targeting SMEs in Africa.


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.


[Column] Veerakumar Natarajan: How tech can help stimulate micro economies
Published: 06-03-2023 | 12:53:00 | By: Pie Kamau
Technological progression plays a crucial role in fostering economic growth. A lack of access to technology can hinder local economies, particularly in developing countries such as Kenya and other African nations.


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.


Munich-based finway raises $10m Series A funding to reimagine spend management for European SMBs
Published: 23-02-2023 | 14:23:00 | By: Pie Kamau
finway, the German finance operating system for SMBs, has raised €9.2 million in a Series A round from Capital 49, an early stage venture fund led by founders of global fintech unicorn Airwallex.


Indian SaaS startup Mintoak raises $20m Series A funding round to grow its product portfolio
Published: 23-02-2023 | 14:03:00 | By: Pie Kamau
Mintoak, an India-based software-as-a-service (SaaS) platform focused on merchant services, has raised $20 million in Series A funding round led by PayPal Ventures.


[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.


Workstyle Africa and SNDBX launch entrepreneurship centers in East Africa
Published: 27-01-2023 | 13:17:14 | By: Bob Koigi
Serviced office space provider, Workstyle Africa, has partnered with SNDBX International, a business growth ecosystem, to open five one-stop-shop entrepreneurship centres and workspaces in East Africa.


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).


YouBiz research reveals key trends and challenges facing Southeast Asian SMEs in 2023
Published: 19-01-2023 | 11:00:00 | By: Pie Kamau
YouBiz, the SME spend management platform by YouTrip, launched its first whitepaper studying emerging business spending trends and key business priorities for SME in 2023.


Innovation scale-up Wazoku launches Mindpool SME to help small businesses capture employee insights
Published: 19-01-2023 | 10:41:00 | By: Pie Kamau
Innovation scale-up Wazoku announced it has launched Mindpool SME, an employee insights dashboard that makes it simpler & faster for SMEs to listen to, understand, and act on employee insights.


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.


European fintech Novicap raises €200m for its Credit platform as it hits €1b transaction volume milestone
Published: 14-12-2022 | 09:40:00 | By: Pie Kamau
Novicap, the European fintech providing end-to-end working capital solutions, announced it has raised a €200 million debt facility from London-based asset manager, Fasanara Capital. 


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.


First investment of Mastercard Foundation Africa Growth Fund goes to Aruwa Capital Management
Published: 09-12-2022 | 13:05:00 | By: Pie Kamau
The first investment of the Mastercard Foundation Africa Growth Fund has gone to Aruwa Capital Management, a gender-lens $20 million fund dedicated to Nigeria's SMEs, managed by a first-time woman-led fund manager.


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.


Nigerian social commerce startup Bumpa raises $4m seed funding to build the future of commerce for African sellers
Published: 25-10-2022 | 14:07:00 | By: Pie Kamau
Nigerian social commerce startup Bumpa announced it has raised $4 million seed round led by Base10 Partners, the largest black-led fund in the world, with participation from Plug & Play Ventures.


Ugandan agritech startup Inputi receives investment to boost inputs distribution
Published: 14-10-2022 | 12:41:00 | By: Pie Kamau
Ugandan agritech startup Inputi announced it received an investment funding to boost inputs distribution across the country.


Ugandan fintech startup Tugende raises $10m pre-Series B funding to increase portfolio growth
Published: 14-10-2022 | 11:35:00 | By: Pie Kamau
Tugende, the innovative fintech platform for MSME credit and asset-financing in East Africa, closed in Q2 pre-Series B equity funding from existing shareholders led by Partech and two new investors, including Women’s World Banking.


Nigerian fintech startup Kippa launches business registration platform to support SMEs
Published: 22-09-2022 | 10:50:00 | By: Pie Kamau
Nigerian fintech startup Kippa has launched Kippa Start, a business registration platform to enable Nigerian MSMEs scale through their businesses.


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.


Kenyan fintech startup Pezesha raises $11m to expand across Africa
Published: 01-09-2022 | 14:36:00 | By: Pie Kamau
Pezesha, a Kenyan fintech that has built a platform where small and medium enterprises can access funding, has raised $11 million in a pre-series A equity and debt funding.


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.


French insurtech startup Orus raises €5m to reinvent professional insurance for SMEs
Published: 20-07-2022 | 10:29:00 | By: Pie Kamau
Orus, the insurtech company for small businesses, announced it has raised €5 million from Frst, Partech, Portage Ventures and around twenty business angels.


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.


UAE fintech startup Pemo launches all-in-one spend management platform for MENA SMEs
Published: 01-06-2022 | 10:32:24 | By: Pie Kamau
Pemo, the UAE-based fintech startup empowering businesses across the Middle East, North Africa and Pakistan (MENAP),has announced that it has launched its all-in-one spend management platform.


Untapped Global raises $10.3m pre-seed round to build an investment platform for Africa and emerging markets
Published: 30-05-2022 | 11:37:00 | By: Pie Kamau
Untapped Global announced the launch of its public beta platform, which uses real-time data to provide transparency for investors looking to tap into Africa and emerging markets.


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.


South African fintech firm Hello Pay launches new mPOS device for SMEs
Published: 06-05-2022 | 08:48:00 | By: Pie Kamau
South African fintech firm Hello Pay has launched a new high-end Android Mobile point-of-sale solutions (mPOS) for local merchants and SMEs.


Glovo announces winners of its tech startup pitch competition in Kenya
Published: 03-05-2022 | 13:46:00 | By: Pie Kamau
On-demand delivery platform Glovo has announced the winners of its tech startup pitch competition in Kenya.


Kenyan fintech 4G Capital raises $18.5m Series C funding to scale lending to MSMEs
Published: 17-03-2022 | 11:50:00 | By: Pie Kamau
Kenyan fintech credit provider 4G Capital has raised $18.5 million in Series C funding from global private equity firm Lightrock.


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.