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Featured — 13 Apr 2024

“Partanna’s carbon-negative concrete is set to change the world.” This bold statement doesn’t come from an architect or a material scientist, but from Rick Fox, a former Los Angeles Lakers small forward with three NBA championships under his belt, as well as a prolific career in Hollywood. Fox, seated at an open-air café in Riyadh, […]

Deals — 9 Apr 2024

Japanese fintech leader SmartPay has secured $7 million in a pre-Series A funding round, oversubscribed and led by SMBC Venture Capital. Other participants in the round include Japanese venture capital firm Angel Bridge, European venture capital firm Global Founders Capital, and American venture capital firm Matrix Partners. Smartpay, one of the leading fintech startups in […]

AI & Big Data — 8 Apr 2024

“The world we live in is built on NVIDIA GPUs,” NVIDIA CEO Jensen Huang said in a recent media interview. Indeed, this is no exaggeration, as generative AI is sweeping the globe, led by OpenAI’s ChatGPT. In the wake of this success, AI apps are now multiplying at an unprecedented pace, fueling a surge in […]

Clean Technology — 4 Apr 2024

The climate tech startup WasteX, headquartered in Singapore with operations in Indonesia and the Philippines, has secured $450,000 in funding from impact fund P4G Partnerships. This funding round was achieved within less than two years since WasteX, known for its expertise in transforming agricultural waste into biochar, was established by venture builder Wavemaker Impact. WasteX […]

AI & Big Data — 28 Mar 2024

“The journey towards AGI is a marathon, not a 100-meter dash. You need to be incremental, you need to keep doing the hard work and keep investing,” said Ant Group’s Chief Technology Officer, Zhengyu He, at the Fortune Innovation Forum in Hong Kong on March 27, 2024. With over 3,000 AI-related patents as of the […]

FinTech — 27 Mar 2024

Indonesian InsurTech firm Qoala has completed its Series C funding round, securing $47 million in investment. PayPal Ventures, PayPal’s corporate venture arm, backed Qoala with the investment. PayPal Ventures and MassMutual Ventures co-led the funding, with participation from MUFG Innovation Partners, Ohana Holdings, and existing investors such as Flourish Ventures, Eurazeo, and AppWorks.  Qoala’s recent […]

AI & Big Data — 25 Mar 2024

MindLogic, an AI startup based in South Korea, has secured 7 billion won in Series B funding, with investment from Lee Soo-man, the former chief producer of SM Entertainment. This makes Lee Soo-man’s investment in MindLogic 10 billion won.  Known for actively backing promising Korean startups in drones and biotech, Lee has chosen MindLogic as […]

Governments — 21 Mar 2024

Japan will introduce a residency program for angel investors to encourage investment in the country’s startups. The program aims to attract much-needed investment capital and will offer residency lasting up to five years. This initiative comes as Japan seeks to boost its startup ecosystem in key sectors. According to a report by Nikkei Asia, the […]

Deals — 15 Mar 2024

Health tech firm HiLabs has secured $39 million in Series B financing, the company announced on Thursday. The funding round was led by Denali Growth Partners and Eight Roads Ventures, with additional participation from F-Prime Capital. This investment follows the rapid adoption of HiLabs’ healthcare data management platform, MCheck, and will facilitate further development of […]

AI & Big Data — 13 Mar 2024

Beijing-based generative AI startup AIsphere has raised funding, indicating its ambition to rival OpenAI’s Sora. AIsphere, a Chinese text-to-video startup, aims to catch up with Sora within three to six months and has completed a new funding round amidst interest in generative artificial intelligence and large language models in the country. AIsphere has raised over […]

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