Latest news and trends about tech

As many regions around the world enter an adjustment period, startup founders and investors have to adjust to a slower fundraising pace. Still, some investors see the adjustment as a healthy thing since it produces more reasonable valuations, weeds out unproductive firms, and forces founders to focus on creating real value.

The immense competition to deploy autonomous vehicles, particularly in industrialized nations, has captured the attention of public policymakers in regard to autonomous mobility and the possible impact it could have.

Bolttech, a Singapore-based insurtech company, announced Monday Tokio Marine, alongside other shareholders, will lead its Series B funding round. The investment values bolttech at an up-round valuation of approximately $1.5 billion, one year after it closed the largest ever Series A funding round for an insurtech.

Indonesian smart farming startup Beleaf announced Monday its recently closed Seed funding of $2 million led by Alpha JWC Ventures, with participation from BRI Ventures’ Sembrani Nusantara, MDI-Finch Capital’s Arise, and several prominent angel investors.

In an interview, Rajentheran also shared about MiyaHealth’s plans and strategies moving forward. He also shared his views about the healthcare and HealthTech industry.

Pocket, an Indonesia-based fintech startup providing a holistic financial health platform for families, announced Monday the completion of an undisclosed amount of pre-seed funding led by East Ventures.

Endowus, the Singapore-based digital wealth advisory platform, announced Monday that it has completed its acquisition of a majority stake in Carret Private Investments Limited, a Hong Kong-based wealth manager and multi-family office that serves ultra-high-net-worth individuals, families, trusts and charitable organisations.

ImBee, a Hong Kong-headquartered chat management platform, announced Monday that it has raised $5 million in Series A funding led by DCM, a global venture capital firm, to advance its platform offerings, go deeper into existing markets and expand its footprint in the Asia-Pacific region.

Although the Covid-19 pandemic, ongoing US-China trade tensions, and an imminent global recession are already hitting technology firms in both China and the US, some investors see new opportunities emerging for today’s technology and startup markets.

Technical agility is the ability to adapt quickly to emergent technologies by incorporating evolutionary architectural approaches in order to achieve desired results of agile principles: greater speed to value, build quality upfront, and attain higher predictability.