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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. . With the fresh capital, Swing has raised a total of approximately $33 million (40 billion KRW) since its inception in 2019. . Expansion to Japan.
Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. Tokyo-based SODA, which runs Japan’s largest sneaker resell platform, lands $22 million led by SoftBank Ventures Asia.
Tractable , which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” to make appraisals, has raised $60 million, a Series D that values Tractable at $1 billion, the company said. will overtake Japan as Tractable’s biggest market soon.
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 Cue Health raises $100 million to speed development of rapid, portable COVID-19 diagnostics. and European Union.
With both the quantum market in Europe and Japan growing quickly, Classiq is focusing its efforts on these geographies right now, in addition to the United States. So what we care about is where the main markets of enterprises that will adopt quantum computing are. If I had to name two, it would be Japan and Germany.
The company has raised a total of $16 million since its 2018 inception. . 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. Japan Finance Corporation led the debt financing.
In August, the startup raised a $60 million A round at a $400 million valuation from Andreessen Horowitz, Thrive Capital, OpenAI, Googles Jeff Dean, OpenAIs Noam Brown, and the founders of Stripe, GitHub, Ramp, and Perplexity. has raised more than $20 million in venture capital so far. Blackbird.AI
Image Credits: Ditto “By operating independently of an internet connection, Ditto’s platform enables industries to swiftly adopt contactless solutions, bolstering their apps and processes with added resiliency and redundancy,” Fish said. ” The market for enterprise file sync and share tools could be worth $12.84
This February, Africa and emerging market-focused Nestcoin raised a pre-seed round to build, operate and invest in its web3 applications, including crypto content platform Breach Club and gaming guild Metaverse Magna (MVM). Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.
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.
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.
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.
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.
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.
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. the company said.
Kdan Mobile , a company that provides a wide range of cloud-based software, including AI-based tech for organizing documents, has raised a $16 million Series B. Kdan Mobile has now raised $21 million in total. Taiwanese startup Kdan Mobile raises $5M Series A for its cloud-based content creation tools.
This could be followed by the wide adoption of eyes-off driving functions two years after that, before full autonomy becomes a reality by roughly 2035, founder and CEO Yu Kai told reporters in Shanghai on Monday.
Taiwan’s Appier raises $80M for AI-based marketing technology. 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.
Raising that much pre-launch gives the startup key wiggle room, but it also gives validation: a number of Zoom’s earliest investors, including Emergence Capital and Bill Tai, who wrote the first check into Zoom, have put money into Class. More than 6,000 institutions from the United States, Dubai, Japan and Europe are on Class’ waitlist.
The startup has now raised $25 million in a Series B round to enhance its security in quantum solutions. “We have spent more than a decade getting the technology right and preparing for commercial adoption,” Sharma said. . In parallel, QuintessenceLabs is developing partnerships in Japan and India, Sharma noted. .
Deliverect raises $150M : Now worth some $1.4 So, instant-delivery startups have been busy bringing foodstuffs to homes, and raising lots of money at the same time. billion valuation less than a year after it raised at a $5.5 Good news : Ola Electric is now worth some $5 billion after raising a fresh $200 million.
Macrometa , the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. Its Series A brings Macrometa’s total raised since its was founded in 2017 to $29 million. Deeplite raises $6M seed to deploy ML on edge with fewer compute resources.
More specifically we discussed grass roots fundraising and the rapid growth of online platforms that allow people to raise money for the causes they support. Are the fees charged by the various new online fundraising platforms to high for mass adoption to occur? Check out the video. Negatively? Positively?
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. After a $200,000 pre-seed round, Fingo got into YC S21 and raised $4 million in seed funding toward the end of that year.” More details here. government.
The announcement came after concerns were raised by the Antitrust Division that the directors dual roles on both the Epic and Tencent boards violated Section 8 of the Clayton Act, which stipulates that an individual cannot serve on the boards of multiple competing companies.
It also raises questions about NetEases future direction and its ability to compete in the high-quality console game (PC, PlayStation, and Xbox) market. Details: Founded in 2020, NetEase’s Ouka Studios, was initially established in the Chinese city of Guangzhou before opening a branch in Japan.
Agassi’s company would go on to raise nearly $1 billion (back when that was considered a large sum of money) from some of the world’s top venture capital and growth equity firms. You’ll hear firsthand how some of the most successful founders and VCs build their businesses, raise money and manage their portfolios.
Despite the challenges of essentially launching during the initial panicked months of the pandemic, Davidi said that their traction was remarkable once they figured out how to make that connection with farmers, many of whom are slowly but surely adopting modern solutions. The primary goal of the raise is to expand beyond the U.S.
Early last year, mobile giving evolved from an emerging technology to mainstream awareness with Haiti earthquake relief, raising approximately $45 million for victims of that natural disaster. Since that time, other disaster relief efforts such as the Gulf oil spill, Japan disaster, and tornado relief in the Southeast U.S.
Hydrogen is in use all over the place, but the lack of a scalable, green option for producing it has slowed its adoption. The company has raised a $2 million seed round led by SGInnovate, with participation from Vinci BV, Cap Vista, Entrepreneur First, SOSV’s HAX, she1K and Apsara Investments. Canada, Japan and Singapore.
Headquartered in Fremont, California, with offices in Singapore, India and Japan, Profit.co announced today it has raised $11 million led by Elevation Capital. He told TechCrunch that businesses of all sizes were eager to adopt methods and products to track their priorities, but had trouble implementing them.
million Series A round led by Cota Capital with participation from Heavybit, Uncorrelated Ventures, Bling Capital, Primary Venture Partners, Y Combinator and Newark Venture Partners, bringing the company’s total raised to $17.8 Tokyo-based Japan Novel Corp. Bucking the macroeconomic trend, Mobot this week closed a $12.5
He raised $28 million online, of which, “90% [of the contributions] were under $100, with over 250,000 contributors.” In 2007 when the platform launched, Causes grew in popularity and awareness as people used their Birthday Wish to raise money for their favorite nonprofit.
has raised over $500 million. Unlike some peers that concentrate resources on “Level 4,” or real driverless passenger cars, Momenta is selling semi-automated driving software to carmakers while investing in more advanced tech that is years from mass adoption. Momenta’s Chinese rivals Pony.ai
Although a first proof-of-concept for cell transplantation therapy, the trial raised ethical concerns, according to Hideyuki Okano at the Keio University Regenerative Medicine Research Center in Japan, who was not involved in the new studies. And making iPSCs for each patient is time-consuming, potentially limiting widespread adoption.
While banks are dealing with the crisis kicked off by the failure of well-known, startup-friendly Silicon Valley Bank, upstart tech companies are still more than busy raising capital. However, it had previously secured a pledge for new funds if its SPAC deal fell through, capital that it has now raised. Deal counts have also been down.
Here’s the full list, including pricing and confirmation for the first time that Sony intends to raise the price on some exclusive titles by $10 to a max of $69.99: Astro’s Playroom (Japan Studio) – pre-installed on PS5. Demon’s Souls (Bluepoint Games / Japan Studio) – $69.99. Destruction All Stars (Lucid Games / XDEV) – $69.99.
We’ve definitely accelerated maybe a year or two in terms of adoption of some of this. Satya just raises us to that every moment. We can actually raise the visibility of the content. It can’t just be people from North America, Europe, and Japan that are building games. It’s interesting you said a year or two.
Over the past several months, I’ve asked dozens of startups how the economic slow down has impacted their ability to raise. This will be no different for robotics investment and it will be felt even more deeply by mid- and late-stage robotics startups who raised prior rounds at high valuations during the investment boom.
million pounds of food out of landfills since 2023, the company was able to raise its Zero Hunger goal to 15 million pounds donated by 2030and it also slashed over $150,000 in annual recycling and landfill fees. Encouraged by this success, Land OLakes has raised its Zero Hunger goal to 15 million pounds by the decades end.
As the series' title suggests, they go up and down a few roads, and ultimately pursue adoption — with all the complications and trials that come with it. Though she was raised in poverty and he in prosperity, both face challenges of racism, weighty family expectations, and impossible loves.
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