CrossFund Raises Additional $1.5M in Funding at a $47M Valuation, Establishes Itself as Leading Investment Gateway to the Emerging World
SINGAPORE, Oct. 9, 2023 /PRNewswire/ -- Fintech startup, CrossFund, has raised its fourth funding round in two years from family offices in MENA and Asia, BlockBase Ventures, UI Investments, Australian Gulf Capital, BXB Capital, and strategic angels. Founded in 2021 by Ben Cardarelli and Davide Cali, the company has quickly become the equity financing tool of choice for startups in SEA and EMEA…
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.
EdgeCortix said in a statement on Wednesday that 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…
Total funding into SEA tech startups falls 71 percent year on year to $2.3B in first half, says Tracxn
Total funding into Southeast Asia (SEA) tech startups fell 71 percent to $2.3 billion in the first half of 2023, from $8 billion a year ago, said Tracxn Technologies Ltd on Thursday.
Tracxn said in its SEA Tech Semi-Annual Funding report that the total funding in the first half is 45 percent lower than $4.3 billion raised in the second half of 2022.
According to the report, this decline…
Indonesia’s eFishery earns unicorn tag after raising Series D round – report
Indonesia-based aquatech startup eFishery has become the country’s latest unicorn after raising $108 million in a Series D funding round led by UAE-based G42 Global Expansion Fund (42XFund), DealStreetAsia reported on Thursday, citing regulatory filings.
It was reported that 42XFund contributed $100 million to the round, while SoftBank Vision Fund II chipped in nearly $5 million, according to…
The cost of inaction: Why cybersecurity could make or break your business
During the Committee of Supply debate in February, Minister for Communications and Information Josephine Teo underscored the importance of digitalization, highlighting the importance of cybersecurity as part of national security.
Cybersecurity is an essential aspect of business survival that small -medium enterprises (SMEs) often ignore. They cannot afford to. With 40 percent of cyberattacks…
Singapore’s Advance Intelligence raises $80M funding led by Warburg Pincus, Northstar
Advance Intelligence Group, a Singapore-based artificial intelligence (AI)-driven technology company, has on Wednesday announced it has raised $80 million from an investor consortium led by existing investors Warburg Pincus and Northstar Group.
The fundraising follows the group’s previous Series D round of over $400 million in 2021, Advance Intelligence said in a statement.
In total, the…
Jim Lim joins Zühlke Group as Head of Health & Medtech in Singapore
SINGAPORE, April 21, 2023 /PRNewswire/ -- Zühlke Group is pleased to announce the appointment of Jim Lim as Head of Market Unit (Health & Medtech) at Zühlke Asia. Based in Singapore, Jim will lead the organisation's regional efforts to serve the healthcare industry and continue to expand Zühlke's healthcare expertise and offerings to the ecosystems of healthcare providers, pharmaceutical and…
Indonesia’s eFishery sets to be a unicorn as firm “in advanced talks” to raise $100M – report
Editor’s note: TechNode Global’s signature Southeast Asia-focused tech event, ORIGIN Conference, will be held on May 11 as one of the BEYOND Week events in Macao. Join us if you wish to learn more about tech unicorns and the startup scene in Southeast Asia.
Indonesia-based agritech startup eFishery is said to be "in advanced talks" for a funding round that would boost its valuation to $1.2…
CoachHub Introduces AIMY™, First Conversational AI Career Coach
Global digital coaching leader leverages generative AI to create AI-powered coaching sessions with multilingual voice recognition.
TOKYO, March 30, 2023 /PRNewswire/ -- CoachHub, the leading global digital coaching platform, today unveils AIMY™, a personalized conversational AI career coach. AIMY™ is powered by the latest version of OpenAI's ChatGPT and engages in dynamic, personalized coaching…
Born2Global Centre’s Global Tech Joint Venture Support Programs Bear Fruit
Tangible outcomes produced from matching Korean deep-tech startups with overseas partners Centre's win-win partnership models prove effective and sustainable
SEOUL, South Korea, Dec. 19, 2022 /PRNewswire/ -- Deep-tech startups are finding new ways to spur growth through binational partnership models introduced by Born2Global Centre, the startup incubation and acceleration agency under the…