Latest news and trends about tech

Indian EV startup River raises $15M in funding deal led by Al Futtaim

Indian electric vehicle (EV) manufacturer River has raised a $15 million investment round led by Dubai's multinational powerhouse, Al Futtaim Group. The fresh funding will bolster the firm's growth, priming its manufacturing and distribution networks for an August 2023 delivery kick-off.

ORIGIN Conference: Advanced & Affordable Healthcare thru Technology

The discussion started with a light conversation over the use of modern tools like ChatGPT in healthcare. It proceeded to highlight why healthcare is a leading priority for investors in Southeast Asia. Additionally, the panel pointed out the challenges and opportunities as well as the potential for innovative technologies.

Seedstars’ Alisée de Tonnac on investing in global startups and emerging markets [Q&A]

We envision Seedstars to be at the forefront of driving entrepreneurship and investment in emerging markets. We aim to expand our footprint, invest in more startups, and empower more entrepreneurs through our educational programs.

India’s Course5 Intelligence completes fund raise of $53M with second close led by Nuvama Private Equity

India-based analytics and artificial intelligence (AI) solutions company Course5 Intelligence, announced Tuesdasy that it has successfully completed its round of funding of $53 million with second close led by Nuvama Crossover Series of funds, managed by Nuvama Asset Management Limited.

TuSimple’s autonomous trucks commence testing on expressway in Japan

TuSimple Holdings, Inc. (TuSimple), a global autonomous driving technology company, has on Monday announced it has begun Level 4 autonomous test runs on Japan's most critical freight corridor that connects the major cities of Tokyo, Nagoya, and Osaka.

Circle Singapore secures major payment institution license

Circle Internet Singapore Pte. Ltd. (Circle Singapore), an affiliate of Circle Internet Financial, LLC (Circle), has obtained a major payment institution (MPI) license from the Monetary Authority of Singapore (MAS). The license allows Circle Singapore to offer digital payment token services, alongside cross-border money transfer services and domestic money…

Malaysian preventive healthcare provider DrPrevents aims to secure $870,000 via ECF

DrPrevents, a provider of preventive healthcare servicesin Malaysia, is launching its first equity crowdfunding (ECF) campaign via MyStartr. The company aims to secure MYR 4 million ($870,000), with a strategic focus on expanding the implementation of preventive medicine to complement the national public healthcare system.

Singaporean digital private debt platform Kilde raises $1.12M seed round

Kilde, a digital private debt platform based in Singapore, announced Tuesday that it had received a $1.12 million seed round investment from Big Sky Capital, Borderless Capital, AXL ventures, Algorand Foundation, and angel investors.

Wavemaker Impact, Breakthrough Energy Ventures, GenZero, and Temasek launch new agri-tech startup Rize

Wavemaker Impact, Breakthrough Energy Ventures (BEV), GenZero, and Singapore’s Temasek have announced the launch of Rize, their new agri-tech startup to decarbonize rice cultivation in Southeast Asia and the rest of Asia.