Investments

[Central Asia Rising] Uzbekistan’s tech gambit: nation vies for global stage with new “Enterprise Uzbekistan” free zone

Uzbekistan is trying to position itself as a technology hub for Central Asia, combining tax incentives, sector-specific tech parks, a young workforce and closer regional ties. A key part of that push is “Enterprise Uzbekistan,” a free zone for technology companies and financial organizations that is expected to operate under English common law.

Applied Materials commits $5B to expand India semiconductor footprint

Applied Materials plans to invest $5 billion in India over the next decade, expanding research, suppliers and workforce as the country builds its chip ecosystem.

[Central Asia Rising] Beyond oil & gas: how Kazakhstan wants to become a gateway for Chinese capital & technology

For many Chinese investors, Kazakhstan and Central Asia have long been associated with natural resources—oil, gas, mining and commodities. Zhanbolat Kakishev, Chief Product Officer of the Astana International Financial Center (AIFC), believes that perception is beginning to change. “Traditionally, China always looked into the advanced economies—Europe,…

David Kim on why better startup pitches can still fail investors [Q&A]

David Kim discusses investor signals, fundraising narratives, international pitch localization and the limits of AI-generated investor materials.

China’s Apex Intelligence raises nearly $50M for self-evolving AI models

Beijing-based Apex Intelligence has raised nearly $50 million across angel rounds to develop self-evolving foundation models for scientific research.

ByteDance AI drug discovery spin-off Anew Labs raises $290M at $1.5B valuation

Anew Labs, ByteDance’s AI drug-discovery spin-off, has raised $290 million in its first external round at a valuation of about $1.5 billion.

[Central Asia Rising] Kazakhstan’s venture market is growing up — and looking to China

Kazakhstan’s venture capital ecosystem is still young, but Askar Bilisbekov, CEO and board member of Alem Capital Management, sees room for growth through more institutional capital, stronger international links and deeper ties with China.

Representatives of Canadia Impact Fund and Newwave at their seed investment signing in Phnom Penh

Canadia Impact Fund invests in Cambodian AI startup Newwave

Canadia Impact Fund has invested in Cambodian AI and software startup Newwave’s seed round, its second disclosed startup deal since launching in 2025.

Allfunds and HSBC add same-day fund settlement in Hong Kong

Allfunds says its HSBC-backed same-day settlement service for Hong Kong-domiciled money market funds went live in August 2026.

Flam raises $40 million Series B for interactive AI content

Flam raised $40 million in a QED Investors-led Series B to develop interactive AI content tools and expand enterprise sales, with activity in India and Southeast Asia.