Latest news and trends about tech
Cainiao Ranks Top 10 in Hurun Report’s Global Unicorn Index 2023
Cainiao emerged as the 10 th best performing unicorn in the world with an estimated valuation of $27 billion, an $8 billion increase from the company’s pre-pandemic valuation.
Singapore’s emerging tech startup landscape maintains steady momentum amid challenging early-stage fundraising environment, report shows
Singapore’s emerging tech startup pipeline appears to be maturing to reach a ‘steady state’ with approximately 60 startups incorporated annually, but early-stage startups looking to fundraise this year may face especially challenging conditions, according to the Singapore Early-Stage Emerging Tech Startups 2022 landscape report.
AngelHack launches hacksingapore to support Singapore’s skills and innovation
AngelHack, an United States-based firm that primarily organizes and hosts hackathons for other companies, has on Monday announced the launch of hacksingapore, the nation’s annual flagship hackathon supported by the Infocomm Media Development Authority (IMDA), which will begin this May.
Thailand’s Banpu NEXT invests in Singaporean battery-as-a-service provider Oyika
Banpu NEXT, a subsidiary of Banpu, a Thailand-based smart energy solutions provider, has announced a strategic investment in Oyika, a Singapore start-up that offers battery swap solutions and battery-as-a-service (BaaS).
Vietnam’s Selex Motors raises $3M from ADB Ventures, Schneider Electric Energy Access Asia and others
Vietnam-based Selex Smart Electric Vehicles JSC (Selex Motors) is currently in a $3 million convertible note investment round with ADB Ventures - Asian Development Banks's venture arm, Schneider Electric Energy Access Asia, Touchstone Partners, and Sopoong Ventures.
SKS Capital invests in South Korean health and beauty brands aggregator Grace
China headquartered private equity firm SKS Capital has announced its strategic investment in Grace, South Korea's largest aggregator of international health and beauty brands. SKS Capital is the lead investor in Grace Series B funding with $5 million.
Singapore’s Betterdata raises over-subscribed $1.65M seed round led by Investible
Betterdata, a Singapore-based programmable synthetic data company, has raised an over-subscribed seed round of $1.65 million led by Asia-Pacific-based venture capital firm Investible.
Unlock Southeast Asia’s Untapped Potential at ORIGIN Conference, a Southeast Asia-Focused Content Track at BEYOND Week 2023
With this year’s theme, ‘Southeast Asia in Spotlight,’ the ORIGIN Conference will feature a diverse lineup of international industry leaders and technology innovators from across the region gathering to share trends, experiences, and leadership lessons.
India’s Mesa School of Business raises $4.1M from Elevation Capital, other prominent angel investors
With an aim to build India’s first business school focused on creating startup leaders, Indian education services provider Mesa School of Business (Mesa), has raised INR 34 Crores ($4.1 milllion) from Elevation Capital and notable angel investors.
United States’ Nextiva acquires Indian AI company Simplify360
Nextiva, the United States-based conversation platform, has on Wednesday announced its acquisition of Simplify360, an artificial intelligence (AI) customer experience platform based in India.
