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News,AI,Investments,Asia,Transportation
SoftBank Ventures Asia leads South Korean Seadronix’s $5.8M new funding round
SoftBank Ventures Asia, the early stage venture capital arm of Japanese conglomerate SoftBank Group, announced Tuesday its participation in a $5.8 million new funding round of Seadronix, a next-generation, artificial intelligence (AI)-powered solution for the maritime industry that develops autonomous navigation and assistant systems in South Korea.
May 10, 2022
News,China,Transportation,Singapore
China’s EV maker NIO announces proposed secondary listing on Singapore Exchange
The company has received a conditional eligibility-to-list letter (ETL) from the Singapore Exchange Securities Trading Ltd on May 5, 2022.
May 6, 2022
News,Asia,Singapore,Transportation
Singapore e-scooter operator Neuron Mobility raises $43.5M to fuel rapid international expansion
Neuron Mobility, a Singapore-based shared e-scooter and e-bike operator, announced Wednesday it has successfully raised $43.5 million in Series B funding, follows 19 months of significant growth and brings the company’s total funding to $77.7 million. The investment round was co-led by global venture firms GSR Ventures and Square Peg. Also joining the round…
April 28, 2022
News,Investments,Vietnam,Transportation
Vietnamese electric motorbike startup Dat Bike raises $5.3M in Series A led by Jungle Ventures
Dat Bike, a Vietnamese electric motorbike startup, announced Thursday a $5.3 million Series A fundraise led by Jungle Ventures with participation from existing investor Wavemaker Partners, bringing the total fundraise by the company since inception to $10 million.
April 28, 2022
News,Transportation,Asia,Mergers and Acquisitions
FamilyMart makes strategic investment in Japanese e-scooter sharing firm Luup
Japan-based convenient store chain FamilyMart Co.,Ltd. announced Friday that it has made a strategic investment in Luup, Inc. a Japanese e-scooter and e-bike sharing service provider. Through this partnership, the two companies will begin full-scale collaboration, including the installation of LUUP ports at FamilyMart stores and joint marketing effort.
April 22, 2022
Vietnam’s Vinfast integrates Amazon Alexa Voice AI into electric vehicles
VinFast, the electric vehicle manufacturer of Vietnam-based Vingroup, on Thursday announced plans to integrate the Amazon Alexa voice experience into its vehicles beginning in 2022. The collaboration with Amazon, announced at the 2022 New York International Auto Show, will integrate Alexa services into the VF 8 and VF 9 all-electric sport utility vehicles…
April 15, 2022
News,Blockchain / Crypto,Singapore,Transportation
Singaporean ride-hailing app Ryde to launch community NFT project
Singaporean ride-hailing app Ryde said Friday it will be launching the non-fungible token (NFT) project as part of its efforts to grow and strengthen its community of users. The company will also expand the range of crypto payment options for its users to top up their in-app Ryde wallets.
April 15, 2022
Japan e-scooter sharing operator Luup raises $8M through debt and asset financing
Luup, Inc, a Japan-based sharing service of electric micromobility including e-scooters and e-bikes, said Wednesday it has raised a total of 1 billion yen ($7.97 million) through debt and asset financing. This is the first time in Japan that an e-scooter sharing service operator has raised funds through asset financing, and this financing brings Luup’s…
April 14, 2022
News,FinTech,Indonesia,SEA,eCommerce,Transportation
Indonesia tech giant GoTo shares close 13% up on market debut
GoTo previously said it is also considering a listing in another market such as the US, according to earlier reports.
April 11, 2022