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Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Southeast Asia is hitting a sweet spot. Unsurprisingly, tech startup growth is booming as well. Vertical e-commerce is climbing the vine.
HR tech platform Darwinbox has more than tripled its valuation to become a unicorn in a new $72 million funding round as the Indian startup leads what an investor calls the “SaaSification of Asia” trend. I am a strong believer in the SaaSification of Asia. You may ask why SaaS for Asia needs to even exist as a category.
Meet the Worlds Leading Investors Get direct access to world-class investment firms, industry leaders, and top VCs ready to back the next big thing. Direct Access to Industry Leaders Beyond financing, FAFP offers a unique opportunity to engage with industry leaders and tech experts, gaining valuable insights and strategic advice.
This year marked a turning point in the Israeli-Chinese economic relationship, particularly in the Israeli-Chinese hi-tech cooperation. Strategic and financial Chinese investors are increasingly investing in Israeli tech companies. Why is China be so interesting to Israeli tech? I know exactly what he means. billion in 2030.
Denver’s burgeoning pot industry is just one signal that, driven by the diaspora of the young, educated and forward-thinking, the city is working to displace the incumbent tech Mecca as an innovation hotbed. Colorado houses existing tech giants such as IBM, Oracle and Lockheed Martin, as well as an emerging and thriving startup scene.
Tech layoffs have hit almost every region in the world , and Southeast Asia is no exception , with companies like Sea , Crypto.com and JD.ID I think what we have seen is that there has been a lot of capital being pumped into the techindustry over the past two to three years in a major bull run. among those affected.
The firm’s comprehensive “Southeast Asia Exit Landscape Report 2.0,” is a followup to a previous report published in 2019. Despite the pandemic’s economic impact, tech proved to be resilient globally (for example, there were a number of initial public offers in the United States at record prices).
Focused on Southeast Asia, Ayoconnect ’s APIs make it faster for businesses to launch new financial services, instead of needing to build their own tech infrastructure. Its APIs are cover two categories: open banking APIs and payment services APIs, with the goal of building the most complete open finance stack in Southeast Asia.
Ip told TechCrunch that he had previously worked in software investment at Goldman Sachs Growth Fund and looked at many HR tech deals, which is how he and Chan first learned about the industry. Indonesia is one of the biggest, and rapidly growing, market opportunities in Southeast Asia.”. What downturn? What downturn?
The University of Tokyo Edge Capital Partners (UTEC) , a deep-tech investment firm, announced the first close of its fifth fund, which is expected to total 30 billion JPY (or about $275 million USD) by June 2021. UTEC’s deep-tech investments around the world. What do we mean when we talk about deep tech?
TNGlobal is excited to announce the ORIGIN: AsiaTech Conference , themed Unleashing Potential, Reimagine Future to be held on May 23, 2024, at The Venetian Macao Convention and Exhibition Center, Florence Meeting Room.
The rest of Asia has risen in importance If I were starting a tech website in 2011, I would probably have wanted to hire someone in Japan, which was at the time the undisputed home of gadgets — floating bathtub TVs, widespread NFC use, robot dogs, and so on. Overall, it’s been a heck of a decade to cover technology in Asia.
BluePallet , an online marketplace connecting manufacturers with the chemical industry, announced today that it has raised $5 million in a funding round led by Vinmar Ventures, a subsidiary of petrochemical distributor Vinmar International. . I should know, I covered the petrochemical industry in the late 1990s).
ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.
Two years ago, the African tech ecosystem saw newfound attention from global players that translated to the continent’s best year of receiving venture capital. From varying sources, it is estimated up to $2 billion went into African tech startups in 2019. AfricArena, a tech ecosystem accelerator, pegged deals to close between $2.25
New outbreaks of COVID-19 in Asia could create delays in the global supply chain and exacerbate the global semiconductor shortage, according to a new report from The Wall Street Journal. TSMC, which makes chips for Apple, Qualcomm, and many other big tech companies, says it has not yet been affected, according to the WSJ.
Aldagram , a startup out of Japan developing project management software for construction companies, has picked up a new strategic backer to help it build out its footprint across Asia and the Middle East. More than 10,000 corporates in over 10 countries, including the U.K., billion in 2031, up from $9.3 billion in 2031, up from $9.3
3) Animals Asia Shop :: shop.animalsasia.org. Proceeds benefit Animals Asia work to end bear bile farming and improving the welfare of animals in China and Vietnam. Proceeds aid musicians and music industry workers who are struggling with illness, disease, and age-related problems. 12) Heal the Bay :: shop.healthebay.org.
ImToken , the blockchain tech startup and crypto wallet developer, announced today it has raised $30 million in Series B funding led by Qiming Venture Partners. Ethereum wallet imToken raises $10M Series A from IDG to expand in the US, Asia and Africa. ImToken will use its latest funding to build features for “imToken 3.0.”
Goodwill Industries. Animals Asia. Water.org. Survival International. Nature Conservancy. Museum of Modern Art. Jane Goodall Institute. Human Rights Campaign. Communities in Schools. American Heart Association. Related Links: Free Webinar on June 6: 10 Common Mistakes Nonprofits Make in Social Media.
The shortage of everything from advanced chips to the lowly $1 display driver chips that power almost every digital device we use has caused a great deal of grief in the tech and auto industries. It looks like it's about to get worse as Covid-19 infections are threatening production of.
The AI industry hit a significant bend in the road toward artificial general intelligence in 2024. And all the while a small AI lab in China was quietly developing new AI models, including reasoning models, that would begin sending shockwaves through the AI industry by the end of 2024. The rest of the industry has followed its lead.
Wavemaker Partners doesn’t just want to invest in climate tech and sustainability startups. Vaquette and Cheong led ENGIE Factory , the sustainability-focused Southeast Asia venture arm of ENGIE Group, one of the world’s largest utility companies. It also wants to help build them. trillion opportunity by itself,” Cheong said.
The tech boom in Southeast Asia isn’t just seeding a wave of new entrepreneurs building the next generation of unicorns, it’s also ushering young talent into the roles of first-time managers. Currently, NewCampus builds content in-house, and then asks industry experts to come in and add in their flair of expertise.
The company wants to focus on the Indonesian market, one of the largest markets in Southeast Asia, for the next 12 months, then expand to other Southeast Asian countries, such as Malaysia, Vietnam, Thailand and the Philippines, Bang told TechCrunch. The startup looks to challenge e-commerce players like Shopify in Southeast Asia. “I
Founded in 2016, viAct currently serves more than 30 construction industry clients in Asia and Europe. Construction tech startups are poised to shake up a $1.3-trillion-dollar trillion-dollar industry. ” Investor momentum builds for construction tech.
As the industry grapples with the larger questions of how to create viable solid-state batteries or commercialize robotaxi service , the companies listed here are focused on the incremental steps toward a fully autonomous future. The year also saw the companys rapid expansion across Asia and into Mexico, South America, Europe, and Australia.
The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be used to grow Coherent’s client base in Asia, including insurers who want to add more digital services to their usual sales processes because of the pandemic. Coherent will focus on China and emerging markets in Asia.
Seoul Robotics says the wrong-way detection feature is being deployed on freeways and highways in California, Florida and Tennessee, as well as in Europe and Asia. Inside Seoul Robotics’s contrarian approach to autonomous vehicle tech by Kate Park originally published on TechCrunch.
Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Southeast Asian tech companies are drawing the attention of investors around the world. This begs the question: Who exactly is investing in Southeast Asia? Contributor.
and Asia, and to double down on building more AI-based technology to expand its platform. Locus, a logistics tech startup that uses Growfin to resolve invoice disputes to collect payments faster, claims it’s improved the productivity of their teams by 60% in ten months, Gopalan said. . million Series A.
The industrial biotech startup is working on bringing a novel protein to market — one it says will offer a nutritious, sustainable alternative to animal-derived proteins. But if this 2017-founded Finnish startup, Solar Foods , has its way fermentation could have a very special place in the future of human food too.
Heliogen aims to change that with its high-tech concentrated solar technique, and has raised more than a hundred million dollars to test its 1,000-degree solar furnace at a few participating mines and refineries. Heliogen’s new tech could unlock renewable energy for industrial manufacturing. MENA and Asia Pacific areas.
The trillion-dollar construction industry is often tarred with the inefficiency brush , accused of failing to move with the times and ignoring digitization in favor of legacy tools. But there is plenty of evidence that things are changing, with countless startups raising large sums of cash to help the construction industry modernize.
A new letter from a techindustry group is driving home the risks of Hong Kong’s proposed anti-doxxing rules. The letter raises new questions about the future of US tech company employees in Hong Kong. Amazon, Apple, Yahoo and Rakuten are also members of the Asia Internet Coalition. offering their services in Hong Kong.”.
Global Goods Partners is dedicated to alleviating poverty by strengthening women led development initiatives in Asia, Africa, and Latin America. PETA focuses its attention on preventing animals suffering on factory farms, in the clothing trade, in laboratories, and in the entertainment industry. Human Rights Campaign Online Store.
South Korean travel tech startup Yanolja has acquired a 70% stake in a listed South Korean e-commerce pioneer, Interpark , for about $250 million. . The company plans to use the acquisition to make further inroads into the overseas tourism industry. Yanolja declined to comment on its valuation and IPO plans. . billion IPO.
Soleadify is a startup that uses machine learning to create profiles for businesses in any industry. The first of the company’s products is a business search engine that keeps over 40 million business profiles updated, currently used by hundreds of companies in the USA, Europe and Asia for sales and marketing activities.
A lthough Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Its sweet spot is early-stage ventures from seed to series A stages across South Korea and Southeast Asia.
culture and an economy based on raw materials, Aotearoa hasn’t stood out to investors in the Asia-Pacific region, especially not when they could set their sights on larger markets in China and Southeast Asia. I don’t think it’s reasonable to expect the next Microsoft to be headquartered in New Zealand.
Tel Aviv-based visual search and product discovery platform Syte , already used by brands like Farfetch and Fashion Nova, plans to expand in the United States and Asia-Pacific region after its latest funding. and Asia-Pacific markets. Brands that use Syte see a 423% increase on average on ROI, Fontyn added.
Mobile Marketing Association Asia, 2011) It takes 90 minutes for the average person to respond to an email. The post 11 Mobile Marketing Statistics You Wont Believe appeared first on Tech Impact Blog - Leaders in Non-Profit Technology. There are 7 billion people on Earth. billion of those own a cell phone, while 4.2 xAd, 2012).
Co-founder Tommaso Tamburnotti told TechCrunch it is the only shipping app in Asia for Shopify Plus, the e-commerce platform’s solution for large companies and high-volume shippers. ” How tech can build more resilient supply chains. Easyship is headquartered in Hong Kong and New York.
Amit Anand is a founding partner of Jungle Ventures and an early pioneer and leader in the development of Southeast Asia’s venture capital industry. Predicting the next wave of Southeast Asiatech giants. trillion industry by 2025 , with the biggest gains being made in Brazil and India.
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