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Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . The funding was led by White Star Capital, which also invested in Berlin-based Tier Mobility, and included existing backer Hashed, among others.
“In this round, it was important for us to bring in strategic money — money is important, funding is important and this is our way to scale — but also, in this market, strategic partners are important. So what we care about is where the main markets of enterprises that will adopt quantum computing are.
In this case, Barnabas Birmacher, CEO of Platform as a Service company Bitrise, shared the lessons he learned as his team attempted to enter Japan. Instead of relying solely on strategic partners, his team visited Japan before ramping up to host events and engage directly with early adopters.
BeeHero has been growing fast since its debut and seed round last year, and $19M in new funding means it can scale beyond its initial markets and find more uses for its one-of-a-kind collection of data collected from thousands of active honeybee hives. they’re currently the fourth largest).
Nreal , the well-funded Chinese AR headset maker that’s been making aggressive global expansion, said Thursday that it has raised $15 million from Korean sunglasses brand Gentle Monster ’s parent company, IICOMBINED. Japan, South Korea, Spain, and Germany. It only debuted in China, where it’s based, in August.
In Japan, where the real estate market is fragmented, homeowners have faced uncertain selling prices riddled with brokerage fees and an average selling period of between four and eight months, Ito said. When purchasing an existing house in Japan, brokerage fees usually amount to about 3% of the property price, Ito added. . and the U.K.,
Launched in 2018, SODA runs SNKRDUNK , one of Japan’s largest sneaker reselling platforms with about 2.5 Along with its new funding, SODA announced it has acquired rival Monokabu. SODA said that the deal means its share of Japan’s sneaker resale industry is now 80%, making it the market leader by far. million monthly users.
Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures , the venture capital arm of Saudi Aramco , marking the VC firm’s first investment in Asia. Terra Drone’s UT drone for inspection is certified as a ship inspection by the International Register of Shipping , the Japan-based startup said.
The company closed two funding rounds in 2024: $200 million in February and $260 million in September at a $4.6 In May 2024 DeepL raised a $300 million funding round and saw its valuation rise to $2 billiondoubling its valuation after its previous funding round a year earlier. billion valuation.
As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. as well as a large swathe of insurers in Japan, specifically Tokio Marine Nichido, Mitsui Sumitomo, Aioi Nissay Dowa and Sompo.
COVID-19 forced many retailers and brands to adopt new technologies. The Singapore-based company announced today that it has raised $640 million in Series E funding to expand its products, which combine computer vision and cloud-based software to help brick-and-mortar stores manage their inventory, merchandising and operations.
The adoption of telehealth services has boomed in the pandemic — with usage up 38-fold since January 2020, according to a report by McKinsey. The seed funding brings its total raised to $4.3 Athletic shoe giant ASICS is a strategic backer, and it plans to collaborate with Bisu on health and fitness service initiatives.
There is no timeframe being provided publicly for when the regulation might be adopted as yet, given the European Parliament and the Council, the EU’s co-legislators, will need to weigh in and agree on the detail before it can be adopted as pan-EU law.
Glorang , a Seoul-based edtech startup that offers after-school classes and extracurricular activities via online for students between the ages of 3 and 18, said Friday it has raised a $10 million Series A funding co-led by Korea Investment Partners and Murex Partners, along with Japan’s Pksha Capital. . billion in 2019.
and Pony.ai, which both operate out of China’s southern metropolis Guangzhou and California, have participated in OnTime’s one billion yuan ($153 million) Series A funding round, according to an announcement from ride-hailing company OnTime on Tuesday.
Co-founded by Quah in 2019 to securely verify documents, Singapore-based Accredify announced today that it has raised $7 million in Series A funding co-led by iGlobe Partners and SIG Venture Capital with participation from returning investors Pavilion Capital and Qualgro.
If you’ve been following the industry, you no doubt know that eldercare has been a big business for robotics in Japan, due to an aging population. Early adopters can secure a Retriever unit for $1,500 up front, plus a monthly services fee of between $99 and $149 a month, depending on financing. Image Credits: Labrador Systems.
In a call with TechCrunch, Brinc co-founder Bay McLaughlin pointed at a number of markets in Asia as targets for potential expansion, including Japan, Korea, Singapore and India, as well as added presence in China. In November, the company is also opening an office in Brazil — its first in Latin America.
The round was led by South Korea-based Dattoz Partners, which will also take a seat on Kdan Mobile, and included participation from WI Harper Group, Taiwania Capital and Golden Asia Fund Mitsubishi UFJ Capital. We always sensed that trend would continue.”. Kdan Mobile has now raised $21 million in total.
At the time, Sequoia Capital “had a broad thesis that there would be adoption of AI in enterprises,” Anand said. Appier’s listing is also noteworthy because it marks the first time a company from Taiwan has listed in Japan since Trend Micro’s IPO in 1998. are also based in Japan. Sequoia announces $1.35
Formerly named ClassEDU, the startup announced today that it has added $30 million to its balance sheet, upping its total funding secured to $46 million. More than 6,000 institutions from the United States, Dubai, Japan and Europe are on Class’ waitlist. Zoom’s earliest investors are betting millions on a better Zoom for schools.
The round was led by Pelion Venture Partners , with participation from returning investors DNX Ventures (the Japan and US-focused enterprise fund that led Macrometa’s seed round), Benhamou Global Ventures (BGV), Partech Partners, Fusion Fund, Sway Ventures and Shasta Ventures.
The latest funding was led by Main Sequence and TELUS Ventures , with participation from Mizuho Financial Group-backed InterValley Ventures and Capital Property Group. . “We have spent more than a decade getting the technology right and preparing for commercial adoption,” Sharma said. .
That’s what drove Adam Fish and Max Alexander to found Ditto , which emerged from stealth today with $45 million in Series A funding led by Acrew Capital with participation from U.S. Innovative Technology Fund (USIT), True Ventures and Amity Ventures. ” The market for enterprise file sync and share tools could be worth $12.84
In a statement, MVM said the funding will expand its efforts to build “Africa’s largest gaming DAO and provide gamers with access to world-class opportunities.”. Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets. million at a $30M fully diluted valuation. .
The European Chips Act, adopted this week by the EU Commission, bundles together €43 billion ($49 billion) in public and private funding for the sector, with an end-goal of doubling the EU’s share of global chip production from 9 percent to 20 percent by 2030. In comparison with the US, the EU’s funding looks significantly weaker.
A gajillion startup funding rounds, of course! billion thanks to its latest funding round, Deliverect is a bet that building “a platform to integrate the many moving parts that go into ordering and delivery for the average restaurant” is going to be a post-pandemic hit. Well, the good news is that we can answer that question for you.
This will include everything from funding rounds to trends to an analysis of a particular space to hot takes on a particular company or phenomenon. We also wrote about Tellus, a startup that raised $16 million in an Andreessen Horowitz–led seed round of funding last year that is now being scrutinized by the U.S. government.
Headquartered in Fremont, California, with offices in Singapore, India and Japan, Profit.co He told TechCrunch that businesses of all sizes were eager to adopt methods and products to track their priorities, but had trouble implementing them. when it began adopting OKRs.
Now serial entrepreneurs John de Souza and Khaled Hassounah are reviving the battery swapping business model with a startup called Ample and an approach that they say solves some of the problems that Better Place could never address at a time when the adoption of electric vehicles is creating a far larger addressable market. million by 2019.
Momenta exceeded $1 billion in valuation in two years and became one of the most-funded driving companies in China. Momenta recently closed another massive round, which nears $500 million and lifts its total funding to more than $700 million.
Are the fees charged by the various new online fundraising platforms to high for mass adoption to occur? Questions for you … Will the fragmentation of online fundraising effect non-profits? Negatively? Positively? Is the lack of control something that non-profits can deal with and/or embrace? Will the grassroots decentralized (i.e.
Since that time, other disaster relief efforts such as the Gulf oil spill, Japan disaster, and tornado relief in the Southeast U.S. Given the fast growth of smartphone adoption across all consumer segments, these numbers portend continued growth for mobile giving. 48 percent were interested in a "tally of funds raised".
Tokyo-based Japan Novel Corp. Early adopters include big names like Citizen and Mapbox, as well as Branch, Radar, Persona and around 45 others, according to Goh. ” Image Credits: Mobot. It might sound novel, but robotics have been used to test mobile device software for quite some time.
Hydrogen is in use all over the place, but the lack of a scalable, green option for producing it has slowed its adoption. Canada, Japan and Singapore. SunGreenH2 brings a nanotech-level advance to green hydrogen production, supercharging electrolysis so orders of magnitude more hydrogen can be cleanly made directly from water.
2008 was a benchmark year in online fundraising history as Obama won the presidential election with 87% of funds coming through social networking. Cancer.org is an early adopter and nonprofit pioneer using this largely untapped fundraising technology. Learn more below, and RSVP today to reserve your space.
Consumers in South Korea and Japan can get broadband speeds reaching 1 Gigabit per second (Gbps) for less than the monthly price a U.S. Encouraging residential adoption should be a top priority through educational programs and funding for schools and community organizations. Access and the Digital Divide. Net Neutrality.
We believe BNPL adoption at the point of sale will accelerate rapidly given consumer familiarity. Cost of funds (capital available for lending). Tabby is a great example in MENA, Akulaku in Indonesia, and so is Paidy in Japan. Jonathan Whittle. Three key areas for differentiation include: Checkout distribution (e.g.,
Image Credits: Artifact personalization and stats The app in some ways is very much like others that exist today, which have been founded in other countries, including ByteDance’s Toutiao in China, Japan’s SmartNews and News Break, another personalized news reader with Chinese roots.
TweetDeck is renamed to XPro The company has adopted the @Pro handle instead of @TweetDeck for the tool. Twitter removes ‘government-funded’ news labels Twitter has removed “government-funded media” labels on all accounts, from NPR to the Chinese state-affiliated Xinhua News. Canada, Australia, New Zealand and Japan.
However, it had previously secured a pledge for new funds if its SPAC deal fell through, capital that it has now raised. Seed Club Ventures, a 63-member consortium of VCs, individual investors, family offices and various entities that still believe in web3, recently came out of stealth with a $25 million fund to help DAOs do just that.
That’s why so much of our robotics coverage revolves around startups and venture funding. Aside from those firms with funds in the bank, I’ve been working to map out how it will impact robotics companies in the longer term. In the aftermath of SVB’s shutdown, an already slow funding environment will be even slower.
We’ve definitely accelerated maybe a year or two in terms of adoption of some of this. When it’s the adoption of things like AI or simulated 3D technology, gaming has always been at the forefront of adopting these things and making them mass market into consumers’ hands. It’s interesting you said a year or two.
Risk-Based Approach to Compliance Life science organizations should adopt a risk-based approach to compliance with 21 CFR Part 11. Loss of Business Opportunities Non-compliance can limit an organization’s ability to secure partnerships, funding, or licensing agreements.
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