Asia
Aampe secures $7.5M in funding led by Matrix Partners India, Peak XV Partners
Aampe, an artificial intelligence (AI)-native user engagement platform, has on Thursday announced a $7.5 million Pre-Series A funding round led by Matrix Partners India and Peak XV Partners (formerly Sequoia Capital India & SEA). The new capital will support product development and fuel growth as the company continues its rapid global expansion.
Avnet appoints master distributor of Kerlink to advance IoT strategy across Asia Pacific
Global technology distributor and solutions provider Avnet has recently signed a contract with Kerlink, a provider of internet of things (IoT) solutions based in France, formalizing its role as master distributor of Kerlink's LoRaWAN gateway products and associated software services in Asia Pacific.
Earth Venture Capital backs Treetoscope in the $7M seed funding round
Israel-based irrigation management platform TreetoScope has closed its seed funding round invested by Israeli Champel Capital, Earth Venture Capital, SeedIL, and other strategic investors. The funding will empower the startup to aid with R&D, fuel overall growth, and accelerate commercial agriculture expansion in North America and beyond.
Telstra International strengthens global managed cyber security services with new center in Manila
Telstra International, the global arm of leading telecommunications and technology company Telstra, has on Thursday opened the doors to its new Telstra Security Service Centre (TSSC) in Manila, Philippines, to enhance its capabilities and coverage of managed cyber security services for its customers globally.
Hong Kong Web3 fund CMCC Global launches $100M in first close
CMCC Global, a Hong Kong based Web3 and blockchain fintech fund, has launched a $100 million new venture capital fund that will empower entrepreneurs in Hong Kong and beyond to build innovative Web3 companies.
SoftBank to expand global IoT business in Asia-Pacific region
SoftBank Corp. (SoftBank) has on Wednesday announced that from October 2023, it will launch a full-fledged expansion of its global internet of things (IoT) business in the Asia-Pacific (APAC) region.
India’s Zoomcar foresees SPAC deal to close in the fourth quarter
India-based emerging market focused car sharing platform Zoomcar foresees its special purpose acquisition company (SPAC) deal to close in the fourth quarter this year. The combined company's common stock is anticipated to be listed on NASDAQ under ticker symbol "ZCAR."
Japan and India launch $588M fund to back sustainability projects
The Japan Bank for International Cooperation (JBIC) and the National Investment and Infrastructure Fund Limited (NIIFL) have on Wednesday launched a $588 million fund to to invest in sustainability projects.
Japanese AI semiconductor firm EdgeCortix closes $20M in additional funding round
EdgeCortix Inc., a Japan-based edge artificial intelligence (AI) fabless semiconductor development and design company, has announced the closing of a $20 million funding round. The funding was led by Japan’s venture capital (VC) firm SBI Investment Co. Ltd. and Global Hands-On VC (GHOVC), a Japan-United States collaboration-focused venture capital with a…
Antitrust approval could be biggest hurdle for Grab’s potential acquisition of Foodpanda’s business, analysts say
Momentum Works, a venture outfit, estimated Foodpanda's Southeast Asia GMV at $3.1 billion in 2022. According to the same report, Foodpanda ranked second by market share in Singapore, Malaysia and the Philippines, and third in Thailand in 2022.
