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Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
The company will be reported within the business area segment Sandvik Machining Solutions.
SUNeVision launches first startup programme to advance innovations in Hong Kong
SUNeVision has announced the launch of its first startup programme.
ZENCE OBJECT secures $2.5m to commercialise sustainable materials from tea residuals
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
OKX Ventures has announced a $1m investment in Moonbox.
Proptech startup NineSmart launches contactless booking solution
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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.
Koolboks closes $2.5m seed round to scale solar refrigeration across Africa
Koolboks, the sustainable cooling company providing accessible cold storage solutions to businesses across Africa, has closed $2.5 million Seed funding round, led by Aruwa Capital Management.
Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
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
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
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
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
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
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
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
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.
Israeli's Astrix Security emerges from stealth with $15m seed round to secure enterprises' expanding web of third-party apps
Astrix Security, the first app-integration access management solution, launched from stealth to modernize how enterprises monitor and control their ever-expanding web of interconnected third-party applications.
Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
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.
French fintech startup Silvr raises €130m Series A to support growth of digital companies
French fintech startup Silvr announced a €130 million Series A funding round, to support the growth of digital companies. This fundraising comes at a key moment in development and positions Silvr as the European leader in Revenue Based Financing.
Nigerian healthtech startup Reliance Health raises $40m Series B funding to accelerate growth
Reliance Health, an emerging markets-focused digital healthcare provider, announced the completion of a $40 million Series B funding round led by General Atlantic, a global growth equity investor, with participation from Partech.
Casava secures $4m pre-seed funding to provide micro insurance for millions of Nigerians
Casava, Nigeria's digital insurance company has secured $4 million in pre-seed funding to provide affordable and accessible insurance products for millions of Nigerians.
Kenyan insurtech startup Lami acquires Bluewave Insurance Agency
Kenyan insurtech startup Lami Technologies has acquired Bluewave Insurance Agency, another Kenyan-based insurtech startup, for an undisclosed amount.
B2B marketplace startup Retailo raises $36m Series A funding to empower community commerce in the MENA region
Retailo, the B2B marketplace startup for retailers in Middle East, North Africa, and Pakistan (MENAP), has raised $36 million in its Series A investment round which was a mix of equity and venture debt.
Cloud-based-AI startup Inspectorio raises $50m to reinvent production chain with AI-powered platform
Inspectorio, the cloud-based AI-powered SaaS solution, announced the company has raised $50 million in a Series B Round led by New York-based global private equity and venture capital firm, Insight Partners.
Nigerian proptech startup Seso Global launches regional offices in US and the UK
To better engage with communities in the diaspora, Nigerian proptech startup Seso Global has launched regional offices in the United States (US) and the United Kingdom (UK).
Podcast network startup Lemonada Media raises $8m Series A funding to accelerate growth
Lemonada Media, the podcast network that presents humanity unfiltered, raised $8 million in Series A second-round funding led by BDMI, a wholly owned subsidiary of the global media, services and education company Bertelsmann.
South African fintech startup CompariSure raises $980,000 pre-Series A funding to accelerate growth
South African fintech startup CompariSure, raised R15 million ($980,000) from Cape Town based HAVAÍC and 4Di in a pre-Series A funding round.
JICA’s NINJA Accelerator completes 2nd Demo Day in Kenya, sends delegation to Silicon Valley
Shamba Pride, Saada Tech, Kijenzi, M-Paya Energy, and MyMovies.Africa are the five startups that shined during the 2nd Demo Day of the NINJA Accelerator in Kenya.
Bank of America commits $20m to Invest Detroit Ventures' early-stage startup fund
Invest Detroit Ventures (IDV) announced an investment from Bank of America to support IDV Fund IV, a newly-established $20 million fund that provides capital investment to Michigan startups during early, critical stages of development.
[Startup Interview] Venkatesh C.R., CEO, Dot Com Infoway, India
Dot Com Infoway (DCI) is a CMMI Level 3 multi-national IT company and a player in custom software development, Web Development, Internet Marketing, Open Source Solutions, mobile application marketing with offices in India and the USA.
[Startup Interview] Manoj Ranaweera, CEO, SkilledUp Life, UK
SkilledUp Life is a UK-based two-sided marketplace for anyone, volunteers, to gain new experiences and build skills free of charge, and for bootstrapped tech startups, companies, to fill skills gaps in their teams with free talent.
Swiss cybersecurity startup Saporo raises $2.7m pre-seed round to improve resistance against attacks
Swiss cybersecurity startup Saporo announced a $2.7 million pre-seed round co-led by Session VC and Lightbird Ventures to make it easier for businesses of any size to increase their cyber resistance.
South Korean Hyundai Mobis invests in Zendar startup to accelerate Level 4 or higher autonomous driving
South Korean car parts company Hyundai Mobis announced it has made a strategic investment in Zendar, a Silicon Vally based startup with global competitiveness in high-resolution radar, called 'imaging radar.'
DivInc Houston launches inaugural 5G Sports Tech Accelerator in partnership with Verizon
DivInc, the startup accelerator for people of color and women entrepreneurs, announced the launch of its first Sports Tech Accelerator made possible through support from title sponsor, Verizon.
International startup accelerator NUMA New York rebrands to WEVE Accelerator
NUMA New York, a fixture in the New York venture capital ecosystem for the past decade, announced new ownership and a new name; WEVE Accelerator.
African focused VC firm TLcom secures first close of $150m Pan-African tech fund
TLcom, the Africa-focused venture capital firm announced a first close of $70 million for its $150 million Africa focused tech fund making it the largest independent VC firm fully dedicated to the continent.
Artificial Intelligence startup Rehinged launches Carenet AI platform for the healthcare industry
Rehinged, an AI startup that transforms external market data into actionable intelligence, announced the launch of Carenet AI, its market intelligence platform specifically built for the healthcare industry.
Fintech startup Tomo doubles mortgage footprint, reaches quarter of U.S.
Tomo, the fintech startup that's transforming the home-buying experience, announced it has doubled its mortgage footprint and now serves nearly a quarter of the U.S. market after expanding into Florida, Connecticut and Colorado.
Goldman Sachs Asset Management leads $227m investment in live-entertainment tech startup Fever
Fever, the live-entertainment discovery platform, has raised $227m in a round led by the Growth Equity business within Goldman Sachs Asset Management.
The Sandbox and Brinc announce $50m open metaverse accelerator program funding for 100 startups
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.
South African delivery startup Orderin raises $4.7m pre-Series B funding for expansion
South African B2B delivery-as-a-service (DaaS) startup Orderin has raised $4.7 million pre-Series B funding to scale its infrastructure and improve its last-mile delivery service.
Grocery logistics startup EasyBins raises $2m late stage seed round for expansion
EasyBins, a company solving the grocery logistics problem for suburban markets in North America, announced $2 million late stage seed round funding to expand its geographic footprint and invest in technology and staff.
Climatetech startup Greentown Labs appoints Kevin Taylor as new CFO
Greentown Labs, the largest climatetech startup incubator in North America, announced Kevin Taylor as Chief Financial Officer (CFO).
Creator economy startup Koji raises $20m Series B fundraise to accelerate growth
Koji, the app store for the creator economy and the world's most powerful Link in Bio platform, announced a $20 million financing led by Jump Capital, with participation from new investors HBSE Ventures.
Huobi Incubator announces sponsorship with Avalanche, affirms commitment to blockchain startup ecosystem
Huobi Incubator, the project incubation arm of Huobi Group, announced it will start a basket of sponsoring plans for Avalanche ecosystem to jointly incubate emerging projects.
London-based InstaDeep raises $100m to scale decision-making AI products to solve real-world problems
InstaDeep, a leader in advanced AI decision-making systems for solving real-world problems, announced it has raised $100 million and closed a Series B round led by Alpha Intelligence Capital.
UK's carbon offset ratings startup Sylvera raises $32m funding to become source of truth in carbon markets
Carbon offset ratings provider, Sylvera, announced it has raised $32.6 million in Series A funding to accelerate its mission to become a source of truth for carbon markets.
Asia's banking infrastructure startup M2P Fintech raises $56m to accelerate global expansion
M2P Fintech, Asia's financial Infrastructure company, announced a $56 million Series C1 raise led by New York-based global private equity and venture capital firm Insight Partners with participation from MUFG Innovation Partners.
Horizon Technology Finance leads $50m venture loan facility to fintech and insurtech startup, Autonomy
Horizon Technology Finance Corporation announced it led a $50 million venture loan facility to Autonomy, a completely digital mobility offering that provides consumers with an affordable way to get access to a vehicle without long-term debt.
U.S. and Israel-based insurtech startup Honeycomb raises $15.4m Series A round
Insurtech startup Honeycomb announced it has raised $15.4 million in a Series A funding round led by Ibex Investors.
Blockchain and smart contract auditing startup HashEx raises $1m seed round for new product development
Smart contract audit firm HashEx completed a seed investment round, funneling the funds into developing a new product called AnalytEx.
SOMA.finance closes $6.5m seed funding round to accelerate growth
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.
Prophecy startup raises $25m to accelerate availability of its low-code platform for data engineering
Prophecy, the enterprise low-code data engineering platform that brings the speed of DevOps to data engineering, announced it raised a $25 million Series A round.
Call for startups to Pitch Live at 2022 Africa Startup Summit in Nairobi, Kenya
Africa Tech Summit has opened applications to the 2022 edition of Pitch Live at the fourth Africa Startup Summit.
Swedish-Kenyan electric vehicle tech startup Opibus launches first electric bus designed and developed in Africa
Swedish-Kenyan electric vehicle technology startup Opibus has introduced the first all-electric bus in Kenya as well as the first African designed electric bus ever.
Tech startups key to Africa’s digital transformation but urgently need investment, report
The World Economic Forum’s latest report, “Attracting Investment and Accelerating Adoption for the Fourth Industrial Revolution in Africa” analyses the challenges Africa faces in joining the global knowledge-based digital economy.
Morocco fintech startup Chari closes a bridge round to pilot BNPL services with grocery stores in Francophone Africa
Aiming to take a serious step towards the Fintech space, Chari has announced the closing of a bridge round led by the Saudi-based venture capital fund Khwarizmi Ventures (KV).
Nigerian fintech startup P2vest records 100,000 users on its platform
Nigerian fintech startup P2vest Technology announced that its peer-to-peer lending application, P2Vest has hit 100,000 users with access to quick loans.
Kenyan mobile commerce startup Copia raises $50m to ramp up African expansion
Kenyan-based mobile commerce platform Copia Global raised $50 million in a Series C equity round led by Goodwell Investments.
DutchFounders launches €62m seed fund to back founders building the next wave of marketplaces in Europe
DutchFounders has reached the final close for its second fund, making more than €62m ($70m) available for early-stage marketplaces and so-called marketplace enablers.
Sportstech startup Mustard raises $3.75m to democratize world-class coaching across major sports
Mustard, the world's first sensorless connected-coaching platform for skill sports, announced a $3.75 million seed round led by the Lake Nona Sports & Health Tech Fund.
Kenyan fintech startup Zanifu closes $1m seed financing round to accelerate growth
Kenyan fintech startup Zanifu announced it has successfully closed a $ 1 million seed financing round to scale its business and improve on its platform.
Israeli tech startup Polar Security emerges from stealth with $8.5m seed round to automatically protect cloud data
Polar Security, a cloud-native data security company, announced it has raised a $8.5 million seed financing round and launched out of stealth.
Creative tech startup DOOMSDAYX raises $1.5m pre-seed round to turn music fans into producers
DOOMSDAYX announced its pre-seed round of $1.5 million along with a unique NFT project in partnership with artist and web3 pioneer Haleek Maul.
London-based proptech startup Homesearch completes £5m funding round to accelerate growth
After a record year of growth, property data and estate agent prospecting platform, Homesearch, completed a £5m Series A funding round with Octopus Ventures , the venture capitalist firm that originally backed Zoopla.
VC firm QED Investors hires Gbenga Ajayi as Partner to focus on fintech investments in Africa
QED Investors, a global venture capital firm focused on investing in disruptive financial services companies, has hired Gbenga Ajayi as a Partner, to focus on fintech investments in Africa.
Adtech startup Otis AI raises $2.5m to enhance digital marketing for SMBs
Otis AI, the digital marketing assistant for SMBs, raised a seed round bringing its total funding to $2.5 million. With Otis, an all-in-one digital marketing solution, a small business can launch a data-driven multi-channel campaign.
Solar-powered robotics startup Aigen raises $4m seed round to accelerate growth
Aigen, a company developing a scalable, solar-powered robotics platform for agriculture and soil regeneration, raised a $4 million seed round led by NEA with participation from AgFunder, Global Founders Capital, and ReGen Ventures.
Singapore-based FTAG Ventures invests over S$10m in BeLive and other livestreaming companies
FTAG Ventures raised its total investments in Southeast Asia's livestreaming solutions leader BeLive Technology to S$9.3 million, which will aid BeLive in its global expansion.
Kenya's Poa Internet announces first close of $28m financing round by Africa50
Poa Internet and Africa50 announced the completion of Africa50’s equity investment into Poa. This funding is part of the $28 million financing round led by Africa50.
Dutch personal travel assistant startup Origin raises over $5m funding for special, convenient travel experience
Amsterdam-based personal travel assistant startup Origin has raised over $5 million in funding from Project A, Cavalry Ventures and notable angels.
Israeli foodtech startup Plantish unveils whole-cut plant-based salmon fillets
Israeli foodtech startup Plantish is giving consumers a first look at its flagship product, a 100% plant-based whole-cut salmon fillet, which mimics cooked salmon in texture, taste, appearance and structure.
Compensation management startup Assemble raises $5m seed to make compensation a strategic differentiator
Assemble, a compensation platform for forward-thinking organizations announced a $5 million seed round led by Susa Ventures. Goldcrest Capital and several angel investors participated in the round.
South Korean AI optimization tech startup Nota selected as NVIDIA Inception Premier member
Nota, an AI optimization technology company, announced it has been promoted to Premier status in the NVIDIA Inception program.
[Kenya] Sankore announces pitch competition targeting blockchain startups
Nairobi-headquartered blockchain community Sankore is launching the Sankore Pitch Competition Tour (PCT) in Nairobi.
Dutch edtech startup Winc Academy raises $3m to train 20,000 IT professionals in Europe
Winc Academy announced a $3 million funding round led by Rubio Impact Ventures and Dutch Founders Fund to increase the steep growth of its education platform.
Canadian fintech startup Periculum launches in Nigeria to build credit assessment infrastructure for Africa
Canadian fintech startup and credit assessment company Periculum, has launched in Nigeria to tackle the challenge of domestic credit to the underserved markets.
Seattle-based fintech startup Seashell unveils inflation-resistant investment product alongside $6m seed round
Seashell, the fintech company dedicated to building a consumer-first, modern banking and investment experience, emerged from stealth with the announcement of Seashell Save.
British Fintech Farm raises $7.4m to launch Neobanks in 8 countries
Fintech Farm, a British fintech company creating neobanks in emerging markets, raised $7.4 million investment to develop its new project.
DeFi startup Giddy raises $8m seed round to accelerate growth
Giddy, a mobile app that enables mainstream DeFi adoption, has raised $8m in seed funding. The round was led by Pelion Venture partners.
Indian mobility tech startup EVage raises $28m to enhance Commercial EV revolution
US-based venture capital firm RedBlue Capital has invested $28 million in EVage, the all-electric commercial vehicle OEM in India supplying EV trucks to major delivery fleets such as Amazon India's Delivery Service Partner.
Kenyan BNPL startup Lipa Later secures $12m funding to expand across Africa
Lipa Later, one of it’s kind buy-now-pay-later (BNPL) company operating in Kenya, Rwanda, Uganda and Nigeria, has raised $12 million from a consortium of investors.
London-based alternative investment platform Koia raises $1.4m pre-seed round to make alternative assets accessible to anyone
Koia, a new investment platform which is bringing alternative assets to Europe, announced a $1.4 million pre-seed round.
Irish digital food-ordering startup Flipdish raises €87m funding to transform digital consumer experience in hospitality
Irish digital food-ordering platform Flipdish has become the State’s fifth official home-grown tech unicorn following a new €87 million investment led by global technology company Tencent and Tiger Global.
Kenyan ride-hailing startup MARAMOJA opens its API to fintechs and insurtechs
Kenya's ride-hailing platform MARAMOJA Transport has opened its API to local fintechs and Insurtechs. Through a new partnership with Switchlink Africa, service providers will be able to connect with MARAMOJA's drivers and customers.
Ivorian e-Commerce startup Afrikrea raises $6.2m pre-Series A funding, rebrands to 'ANKA'
Afrikrea, an Ivorian e-Commerce startup has raised $6.2 million pre-Series A funding round led by Investisseurs & Partenaires. The startup has also rebranded to 'ANKA'.
Nigerian last-mile delivery startup Kwik reaches 100,000 customers, announces over 400% GMV and revenue growth for 2021
Nigeria's last-mile delivery startup Kwik Delivery, trading name of Africa Delivery Technologies SAS, announced its GMV and revenue for 2021 grew by over 400% year on year.
Berlin-based clean energy startup Ostrom raises €4.4m to make transition to green energy convenient and affordable
Berlin-based clean energy startup Ostrom has raised a total of €4.4 million in pre-seed and seed funding to further its goal of making the switch to green energy as easy and affordable as possible.
German proptech startup Evernest closes €13m Series A funding to to accelerate growth
German proptech company Evernest has successfully closed a Series A financing round of €13 million to accelerate its technology platform development as well as German and international expansion.
Emergency relief startup Canary raises $1.5m pre-seed funding to reinvent access to emergency funds at work
Canary, an emergency relief platform that makes it easy for employers to raise and distribute tax-advantaged payments for workers experiencing financial hardships, has raised $1.5 million in pre-seed funding.
Fintech startup CrowFly appoints Nita Bhatia as Chief Executive Officer
CrowFly has appointed Nita Bhatia as CEO. CrowFly is a fintech startup touting an innovative online platform that directly connects sellers of future structured settlement payments with qualified buyers.
Nashville-based worker’s compensation startup InsurePay secures Series B investment, buys Split Limit Studios
InsurePay, an Insuretech Property and Casualty (P&C) billing and payments platform, including workers' compensation insurance premium billing and payments has secured a Series B investment.
Berlin-based fintech startup Denario raises €1.3m to automate B2B payments experience for small businesses
Berlin-based fintech startup Denario announced the closing of €1.3 million venture funding led by 468 Capital, with participation from Presight Capital and MPGI.
Tallinn-based Bolt raises €628m funding round to accelerate transition from owned cars to shared mobility
Tallinn-based Bolt announced the closing of €628 million round of funding, its largest funding to date. This funding round will help Bolt accelerate its mission to help cities transform urban areas.
Munich-based startup Alasco raises $40m Series-B funding to revolutionize the real estate industry
Munich-based startup Alasco has raised $40 million in Series-B funding to follow the vision of creating the Real Estate Success Software and bringing the real estate industry up to par with leading digital industries.
OSF Ventures launches third venture capital fund to focus on emerging technologies
OSF Ventures has launched its third capital investment fund, the largest since it initiated this program in 2016. The $100 million fund will be used to continue a strategy that links investments to key priorities of improved patient care.
SaaS management startup Zluri raises $10m Series A funding round to accelerate growth
SaaS Management Platform Zluri has raised $10 million in a Series A round of funding led by MassMutual Ventures with participation from existing investors, Endiya Partners and Kalaari Capital.
Canadian fertility tech startup raises Series A financing round to progress AI-enabled fertility solutions
Future Fertility, a fertility technology company developing AI-enabled and non-invasive fertility solutions to optimize clinical decision making in fertility care and in vitro fertilization (IVF), announced it has successfully raised a Series A financing round.
Enterprise device management startup ManageXR raises $4m seed round to scale XR for business
ManageXR, an enterprise device management platform designed for VR and AR devices, announced it raised $4 million in Series Seed financing from Rally Ventures.
Illinois-based clinical stage medical device startup Rhaeos raises $2.2m oversubscribed seed round
Rhaeos, Inc., a private, clinical stage medical device company developing a platform wireless and non-invasive wearable sensor initially targeting the neurosurgical suite, announced the closing of its oversubscribed $2.2 million seed financing.
Israeli AI-powered drug discovery startup Protai raises $8m seed round to provide proteomics-based platform
Protai, an AI-powered drug discovery startup announced its emergence from stealth, along with an $8 million seed financing round co-led by Grove Ventures and Pitango HealthTech.
Orange Ventures seed challenge opens applications for Egyptian fintech startups
Orange Ventures has opened applications for its Seed Challenge that will see the VC form award one fintech startup from Egypt with $570,000 in funding.
Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
Intel Capital, the global investment arm of tech giant Intel has invested $132 million in 11 technology startups.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
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...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here