Asia
Hong Kong’s PHASE Scientific raises $34M Series A round to advance urine-based diagnostic technology for early disease detection
PHASE Scientific International Limited, a Hong Kong-based biotechnology company, announced Tuesday the successful completion of a $34 million Series A funding round.
Arm and SoftBank contribute $15.5M to advance AI through Carnegie Mellon University’s partnership with Keio University
Carnegie Mellon University (CMU), Arm and SoftBank Group Corp. (SBG) announced last Thursday that Arm and SBG will contribute $15.5 million to CMU to support its partnership with Keio University (Keio), a collaboration to accelerate the global advancement of artificial intelligence (AI).
Foxconn partners with NVIDIA to build AI Factory in Taiwan
Taiwan-based Hon Hai Technology Group (Foxconn) announced Monday that it is partnering with NVIDIA and to build a state-of-the-art artificial intelligence (AI) Factory supercomputing center in Taiwan.
Ingrasys partners Western Digital to deliver high-performance, fabric-attached disaggregated storage for AI workflows
Western Digital and Ingrasys, a subsidiary of Foxconn Technology Group, the world’s largest electronics manufacturer, announced Thursday a strategic collaboration to deliver a new flagship Top-of-Rack (TOR) switch with embedded storage.
Partners Group to acquire Singapore-based data center platform Digital Halo as it plans $400M pan-Asian expansion
Partners Group, one of the largest firms in the global private markets industry, acting on behalf of its clients, has agreed to acquire Digital Halo Pte. Ltd. from its existing shareholders, including ARCH Capital.
Brinc launches Brinc Korea with acquisition of Next Stage Venture Studio
Brinc, the global venture accelerator with a portfolio spanning climate tech, AI, and IoT, has officially entered the South Korean market by acquiring Next Stage Venture Studio, a Seoul-based accelerator launched in 2024. The acquisition marks the first time a global accelerator has acquired a domestic accelerator in South Korea, signaling Brinc’s deepening…
Toyota acquires 40 percent stake in Astra’s used car unit for $120M
Indonesia-based conglomerate Astra and Japan-based automotive firm Toyota are strengthening their strategic partnership and expanding collaboration in the used car business in Indonesia through a partnership in PT Astra Digital Mobil (ADMO).
Tracxn: K-Beauty startups raise $4.9M funding in first four months of 2025
K-Beauty startups have recorded $4.9 million funding in the first four months of 2025, signaling a recovery after a weak 2024, Tracxn said Wednesday.
South Korea opens applications for the 10th K-Startup Grand Challenge 2025
Now in its tenth year, the 2025 edition offers a combined pool of up to ₩950 million in total government support. This includes equity-free prize money for top teams, travel and living stipends for selected participants, and commercialization grants for the best-performing startups. KSGC has been redesigned as a more flexible, founder-first…
Foxtron to develop and supply EV model to Mitsubishi Motors for OEM
Foxtron Vehicle Technologies, a subsidiary of Taiwanese Hon Hai Technology Group (Foxconn), has inked a deal with Japanese automobile manufacturer Mitsubishi Motors Corporation to develop and supply an electric vehicle (EV) model to Mitsubishi Motors as an original equipment manufacturer (OEM) model.
