Asia

India’s Cardiotrack secures $2M in Pre-series A funding led by seasoned angel investor

Cardiotrack, an India-based provider health-tech firm, has on Monday announced that it has received $2 million in Pre series-A funding. The funding is coming from a slew of investors, led by seasoned angel investor Girish Narasimhan, Managing Director and Principal, Corporate Finance Associates Worldwide Inc.

How AI will disrupt & spark innovations in healthcare? Let’s hear from Vertex Growth’s Nikodemus Jaya [Q&A]

In an interview with TNGlobal, Vertex Growth Executive Director Nikodemus Jaya has also discussed how AI will have an impact on the healthcare sector. He shared his insights on what are the areas AI would transform the healthcare sector the most, among other issues. He also shared his views on what kind of training healthcare workers would need to fully…

South Korea’s S&S Lab partners Singapore’s FVC to support biotech and foodtech startups

South Korea’s private sector-led shared research lab S&S Lab (the operator of IRIS Lab) has announced its latest strategic partnership with Singapore innovation ecosystem enabler Farquhar VC (FVC), to foster and deepen relations among Korean and global novel food and biotech startups.

Singapore’s Nium secures payment license in Japan

Nium, a real-time cross-border payments firm based in the United States and Singapore, announced Wednesday that it has become the first non-Japanese company to have secured a Type 1 Funds Transfer Service Provider (FTSP) license from the Japanese Financial Services Agency (JFSA).

Vietnam’s VinFast signs dealer sales agreement with first dealer in Middle East

Vietnamese carmaker VinFast Auto has officially signed a dealer sales agreement with Bahwan Automobiles Trading LLC (BAT) for the distribution of electric vehicles in the Oman market. This event signifies not only VinFast's initial operation in the Middle East region but also a significant step in the VinFast’s global expansion.

Geely-backed EV firm Polestar secures $950M external funding

Geely-backed Polestar Automotive Holding UK PLC, the Swedish electric performance car brand, has on Wednesday announced that it has secured $950 million in external funding. The financing is being provided by 12 leading international banks including BNP Paribas, Natixis, Standard Chartered, BBVA, HSBC and SPDB, in the form of a three-year loan facility.

QIA to invest $1 billion to support local and regional entrepreneurs

Qatar Investment Authority (QIA) is set to launch Qatar's first venture capital (VC) fund of funds, a strategic investment program to foster innovation in Qatar. The fund of funds program will invest more than $1 billion in international and regional venture capital funds.

Humane partners SoftBank to transform AI experience in Japan

Humane Inc has on Thursday revealed plans for a telco partnership with SoftBank Corp.(SoftBank) for the Humane Ai Pin, the first stand-alone Ai device and proprietary Ai-driven OS, CosmOS. This partnership, as part of a strategic investment opportunity, will see SoftBank become the exclusive telecom provider for Ai Pin in Japan, leveraging SoftBank’s…

Glints & MHV report reveals startup salaries cool in 2023

Startup salaries cool in 2023 with junior engineering roles seeing the sharpest decline of 6 percent, Glints and Monk’s Hill Ventures revealed on Thursday. According to the Southeast Asia Startup Talent Trends Report 2024, off the back of tech layoffs and cost-cutting measures, junior tech roles have been most impacted across the region with salary declines…

Mocaverse strengthens Korean presence with Cube Entertainment, IPX, Daehong Communication (LOTTE Group), Nine Chronicles M, GOMBLE

Mocaverse, the marquee growth network with an interoperable infrastructure layer of account, identity, reputation, and PointFi systems seeded by Animoca Brands, announced Wednesday it entered into various partnership agreements for strategic expansion of Mocaverse Partner Network in the South Korean market to bridge, integrate, and export Korean Web3…