Remove China Remove Fund Remove Hype
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AI drug discovery platform Insilico Medicine announces $255 million in Series C funding

TechCrunch

million in funding, according to Crunchbase. . Those include CPE, OrbiMed, Mirae Asset Capital, B Capital Group, Deerfield Management, Maison Capital, Lake Bleu Capital, President International Development Corporation, Sequoia Capital China and Sage Partners. . However, the roots of the hype predate COVID-19. .

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Buildots raises $30M to put eyes on construction sites

TechCrunch

One year after raising $16 million , construction technology company Buildots is back to claim another $30 million, this time in Series B funding. This gives the company $46 million in total funding, Roy Danon, co-founder and CEO of Buildots, told TechCrunch. Germany, Switzerland, Scandinavia and China.

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How to raise money for your startup from VCs and investors in Asia

The Next Web

The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. We’ve asked him to give us some insight into starting, building, and funding a company across Asia. As I touched on before, China and India have the most mature VC communities. This is the final part of a four-part series.

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China’s central bank bans cryptocurrency transactions to avoid ‘risks’

The Verge

The People’s Bank of China, the country’s central bank, said Friday that cryptocurrency transactions are illegal, saying such currencies “do not have legal tender status” and therefore “cannot be circulated as currency in the market.”. China is in the midst of an energy crisis that has already affected many other industries.

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YouTube took down Michael Moore’s film attacking renewable energy

The Verge

The footage depicts the Shiguai coal mine in Inner Mongolia, China, and it’s used in a montage about how solar panels and wind turbines are made. In the context of the film, it seems to be used more as stock footage than an active commentary on Rare Earthenware , which could undermine Planet of the Humans ’ case for fair use.

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Equity Monday: The end of cheap money, and Take-Two buys Zynga

TechCrunch

Pine Labs is looking to go public in the United States , China venture capital data is looking pretty strong , Assent Compliance raised a huge round and Arive is apparently a thing. All that and we are just getting ready for earnings season, so stay hype as there is a lot of data coming in short order. Welcome to the week!

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EV SPAC Faraday Future now has the attention of the DOJ

TechCrunch

The disclosure comes just one day after a Faraday Future said during an investor presentation that it plans to open a factory in China as early as 2025. Faraday said it’s “in the process of responding to, and intends to fully cooperate with, such request.”.