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SoftBank-backed Korean edtech startup Riiid acquires Langoo, expands in Japan  

TechCrunch

Riiid , a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . Riiid has said it will continue to fuel its global expansion with the funding. . million users downloaded the Riiid Tutor app in South Korea and Japan. Riiid claims that more than 2.5

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Global investors flee from Chinese tech stocks after the government crackdown on Ant and Alibaba

TechCrunch

Global investors are running from Chinese tech stocks in the wake of the government’s crackdown on Ant Group and Alibaba, two high-flying businesses founded by Ma Yun (Jack Ma) that were once hailed as paragons of China’s new tech elite.

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Huawei leads 2023 global patent application rankings

TechNode

The global patent application rankings from the World Intellectual Property Organization (WIPO) recently revealed 272,600 worldwide PCT (Patent Cooperation Treaty) patent applications in 2023, reflecting a 1.8% Japan (48,879), South Korea (22,288), and Germany (16,916) ranked third to fifth, respectively.

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Autify advances no-code AI-powered software testing automation platform with $10M Series A

TechCrunch

While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa , CEO and co-founder of Autify , came to realize that there’s one common problem in the software development industry; software testing takes excessive time. Autify, a fully remote company, has 30 employees globally.

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Y Combinator, Global Brain back Tailor, a Japanese headless ERP startup

TechCrunch

Tailor , a Japan-based back-end enterprise resource planning (ERP) platform, said today it has raised $4.3 million in seed funding from Y Combinator and Global Brain. The company says approximately 70% of the software industry spend in Japan goes to building customized products.

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Satellite constellation operator Spire Global to go public via $1.6 billion SPAC

TechCrunch

Monday brings with it not one, but two space SPACS — there’s Rocket Lab , and there’s Spire Global, a satellite operator that bills itself primarily as a SaaS company focused on delivering data and analytics made possible by its 100-plus spacecraft constellation.

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Korea’s Riiid raises $175M from SoftBank to expand its AI-based learning platform to global markets

TechCrunch

million students in Korea and Japan. The ACT development comes after Riiid said that the former CEO of ACT, Marten Roorda, was joining its international arm Riiid Labs as its “executive in residence,” so that could point to more ACT prep applications for other markets, too. billion valuation.