Asia
Oracle to invest more than $8B in cloud computing and AI in Japan
Oracle Corporation Japan has on Wednesday announced that it plans to invest more than $8 billion over the next ten years to meet the growing demand for cloud computing and artificial intelligence (AI) infrastructure in Japan.
Walmart-backed Ninjacart makes strategic investment in Philippine agritech firm Mayani
Walmart-backed Ninjacart, India's agri-startup that leverages technology and data to organize the global agriculture ecosystem, has joined forces with Philippine business to business (B2B) agritech innovator Mayani in a landmark deal.
IFC, Amundi raise $436M to support green, resilient, inclusive recovery in emerging markets
The International Finance Corporation (IFC), a member of the World Bank Group, and Amundi, an European asset manager, have raised $436 million to support green, resilient, inclusive recovery in emerging markets
South Korea’s Upstage raises $72M Series B funding to expand global reach
Upstage, a South Korea-based artificial intelligence (AI) company specializing in large language models (LLMs) and Document AI, has announced that it has raised $72 million in a Series B. With this latest investment, Upstage has now raised over $100 million since its founding in October 2020.
India’s Medulance secures $3M in Series A funding led by Alkemi Growth Capital
Medulance, a player in India's emergency healthcare services sector, has secured $3 million in Series A funding, led by Alkemi Growth Capital. Medulance said in a statement on Tuesday the funding round also saw participation from investors such as Dexter Capital, Aman Gupta, and Namita Thapar.
Toyota Ventures raises another $300M to expand early-stage investments in frontier technology, climate solutions
Toyota Ventures, the early-stage venture capital arm of Toyota, has announced a total of$300 million funds to expand its investments in startups developing disruptive technologies and business models at the forefront of innovation.
EMURGO partners Huawei Cloud to expand Cardano network, scale Web3 solutions in Asia Pacific
EMURGO, a Japanese blockchain company that drives Web3 adoption via the Cardano blockchain, has on Thursday announced a partnership with Huawei Cloud to extend support for a Cardano Validator Node on the Huawei Cloud, further strengthening the Cardano network.
Microsoft to invest $2.9B in AI and cloud infrastructure in Japan
American technology firm Microsoft has announced it will invest $2.9 billion over the next two years to increase its hyperscale cloud computing and artificial intelligence (AI) infrastructure in Japan.
India’s Neysa raises $20M in seed funding led by Matrix Partners India, Nexus Venture Partners, NTTVC
Neysa, an India-based artificial intelligence (AI) cloud and platform-as-a-service startup (PaaS), has secured $20 million in seed funding. Led by Matrix Partners India, Nexus Venture Partners, and NTTVC, the funding will help drive the generative-AI-cloud platform as a service and observability for India and global markets.
Professional Triathletes Organization partners Animoca Brands’ subsidiary SPORTPASS for endurance sports Web 3 experience
The Professional Triathletes Organization (PTO) and SPORTPASS, a fan engagement and gaming platform and a subsidiary of Animoca Brands, have on Wednesday announced the entry into a framework in respect of a partnership to transform the fan experience for triathlon and endurance sports that leverages Web3 and blockchain technology.
