TechSpot

JULY 9, 2024

Increasing geopolitical tensions have raised concerns that countries such as Russia, China, and North Korea could target subsea cables during a military crisis. Such a thing is not unprecedented; Yemeni Houthi rebels were suspected of damaging underwater Red Sea cables responsible for 17% of global internet traffic in February.

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North Korea Internet Russia Project 136

TechCrunch

JANUARY 10, 2022

Indonesia-based eFishery announced today that it has raised what it claims is the largest round of funding by an aquaculture tech startup in the world. The funds will be used to scale up eFishery’s platform and expand into the top 10 countries for aquaculture, including China and India. Series B round.

India 97

India Indonesia Fund Raise 97

TechCrunch

MAY 26, 2021

Chinese-backed and Africa-focused fintech platform OPay is in talks to raise up to $400 million, The Information reported today. The fundraising is coming two years after OPay announced two funding rounds in 2019 — $50 million in June and $120 million Series B in November. billion, three times what it was worth back in 2019.

Nigeria 135

Nigeria Africa Raise Report 135

TechCrunch

SEPTEMBER 10, 2021

Denis Kalinin works at venture fund Runa Capital as Asia Business development manager, devoted to connecting the Western and Asian VC worlds and bringing long-term value to both. China is becoming a superpower in the tech industry. Despite geopolitical tensions and recent amendments in CFIUS, it is hard to ignore China.

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Fund Money China Asia 102

TechCrunch

JULY 27, 2021

For example, the explosion in capital raised by U.S. But apart from China, most key startup countries and regions are seeing strong investor interest. billion in disclosed funding between January and June 2021, and with a $1.03 Globally, the venture capital world is afire , pushing record sums into upstart technology companies.

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Global Fund Africa Newsletter 123

TechCrunch

JULY 27, 2021

are increasingly going global, but recent regulatory crackdowns in China , which instructed local K-12 tutoring startups to go nonprofit, have led to a chill among check-writers looking at the country. based investors often cited China as validation of the opportunity for direct-to-consumer businesses in the K-12 world.

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China Global Education India 99

TechCrunch

AUGUST 4, 2021

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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Site Raise Switzerland Adopt 141

TechCrunch

NOVEMBER 5, 2021

In the wake of a $300 million investment from General Motors in September, Momenta, an autonomous driving solution provider from China, announced today an additional $500 million added to its Series C round. Singapore’s sovereign fund Temasek and Jack Ma’s Yunfeng Capital are among its institutional investors.

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Raise China Singapore United States 104

TechCrunch

MARCH 2, 2023

The startup just raised $8.1 The round brings the outfit’s total funding to date to $13.7 The round brings the outfit’s total funding to date to $13.7 China and Japan and intends to enter the U.S. Image Credits: indent Indent raises $8.1M Investors like Indent’s conversion rates, seemingly.

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South Korea Review Video Tools 98

TechCrunch

NOVEMBER 16, 2020

For years, founders and investors in China had little interest in open source software because it did not seem like the most viable business model. The investment, which catapults Zilliz’s to-date raise to over $53 million, is a sizable amount for any open source business around the world.

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Open Source Open Software China 130

TechCrunch

DECEMBER 4, 2020

Like many overseas Chinese, Derek Weng gets shopping requests from his family and friends whenever he returns to China. Many in China still uphold the belief that “imported products are better.” The company soon attracted seed funding from Y Combinator and just this week, it announced the completion of a pre-A round of $2.5

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China Raise Japan Product 127

TechCrunch

JULY 5, 2022

But not all funds are timid, even if we find the present lack of material wagers on mega-projects disappointing. No, some funds are bucking the downturn by raising new, huge venture vehicles to invest in markets that don’t appear healthy from an outsider’s perspective. Next up: a16z’s massive new crypto fund.

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Money Marketing Raise China 90

TechCrunch

JULY 26, 2021

This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and me here. Ever wake up to just a massive wall of news?

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China Tech Podcast Headline 98

TechCrunch

MARCH 9, 2021

hedge fund and investment firm Tiger Global led the Series C round. In total, Flutterwave has raised $225 million and is one of the few African startups to have secured more than $200 million in funding. . When the company raised its Series B, we reported that Flutterwave had processed 107 million transactions worth $5.4

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Companies Raise Africa Nigeria 145

TechCrunch

JANUARY 19, 2021

A startup based out of San Diego and Taipei is quietly nailing fundings and deals from some of the biggest names in electronics. Amongst its other prominent investors are Alibaba Entrepreneurship Fund, Sequoia Capital, Qualcomm and SparkLabs Taipei. Six-year-old SenseTime has raised about $2.6

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Fund San Diego Taiwan Comparison 104

TechCrunch

APRIL 5, 2021

Glints , the Singapore-based career platform, announced today it has raised $22.5 million in Series C funding led by Japanese human resources management firm PERSOL Holdings. CakeResume, which wants to become Asia’s largest tech talent pool, raises $900,000 seed round.

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Singapore Platform Fund Asia 106

TechCrunch

OCTOBER 25, 2021

One of the big leaders in buying up and scaling third-party merchants selling on Amazon and other marketplace platforms is announcing a major round of funding today as it continues to expand its ambitions. Upper90, funds managed by Oaktree Capital Management, L.P., The company, founded in 2018, has now raised $3.4

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Aggregator Amazon Fund Raise 98

TechCrunch

DECEMBER 22, 2020

Lalamove will extend its network to cover more small Chinese cities after raising $515 million in Series E funding, the on-demand logistics company announced on its site. The round was led by Sequoia Capital China, with participation from Hillhouse Capital and Shunwei Capital. All three are returning investors.

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Companies China Malaysia Philippines 120

TechCrunch

JANUARY 10, 2022

Economies of scale are an essential cornerstone for on-demand companies, and to that end one of the hopefuls in the space has raised a big round to grow its business. billion ($8.4 “All of our business units are growing,” founder and CEO Markus Villig said in an interview this week.

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Estonia Raise Africa Europe 141

TechCrunch

APRIL 27, 2022

The crypto market is showing no signs of slowing down as funds and investors alike continue to deploy massive amounts of capital into the ecosystem. Today’s evidence of the trend: Dragonfly Capital, a crypto-centered investment firm, closed its third venture fund for $650 million, the firm’s managing partner, Haseeb Qureshi, told TechCrunch.

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Fund Global China Raise 96

TechCrunch

MAY 3, 2022

AccelByte , a platform that helps game creators build backend services and tools, has raised $60 million in Series B led by SoftBank Vision Fund 2, with participation from Sony Interactive Entertainment and returning backers Galaxy Interactive and NetEase. To date, the startup has raised a total of $70 million.

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Platform Fund Game Service 89

TechCrunch

JULY 29, 2021

Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. Along with its new funding, SODA announced it has acquired rival Monokabu. The company’s previous funding, its $22 million Series B, was announced in January. million monthly users.

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Platform Asia Raise Philippines 102

TechCrunch

AUGUST 30, 2021

Coral Capital , a Tokyo-based venture capital firm, announced today that it has closed its third fund, Coral Capital III, raising $128 million (14 billion yen). we also allocated a significant portion of our latest fund for follow-on investment,” Riney said. LINE Ventures merges with YJ Capital, launches $271M fund.

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Japan Fund Asia Africa 95

TechCrunch

JANUARY 25, 2021

NetEase, the second-largest gaming company in China (behind Tencent), is among a group of investors who just backed IMVU, an avatar-focused social network operating out of California. IMVU has raised more than $77 million from five rounds since it was co-founded by “The Lean Startup” author Eric Ries back in 2004.

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Social Network Virtual Network Social 106

TechCrunch

AUGUST 20, 2021

Less than three months after announcing a $300 million Series E , Brazilian proptech QuintoAndar has raised an additional $120 million. New investors Greenoaks Capital and China’s Tencent co-led the round, which included participation from some existing backers as well. Why raise more money so soon?

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Raise Platform Brazil America 118

TechCrunch

AUGUST 20, 2021

In total, Alerzo has raised more than $20 million since its launch. Early investors include the Baobab Network, an Africa-focused accelerator based in London, and Signal Hill, a Singapore-based fund manager that participated in its $5.5 FJ Labs and several family offices from the U.S., million seed round last year.

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Nigeria Raise Online Asia 145

TechCrunch

AUGUST 8, 2023

One of them was Singapore-based Endowus , which raised two rounds in rapid succession: a Series A in June 2021 followed just seven months later by $25.6 million in follow-on funding. Now two years later, despite a much different funding environment, especially for fintech startups , Endowus is announcing another round.

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Singapore Platform Management Raise 98

TechCrunch

MARCH 18, 2022

All Raise’s new CEO : The work of diversifying the venture capital market is far from over, and one group working to move the needle not only has plans to change the industry — but also her own team. Funds are maturing, experimenting and evolving into interesting vehicles.

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Attention Podcast United States Headline 127

TechCrunch

MARCH 11, 2022

Silicon Valley’s Makers Fund took a leap of faith in Gao in early 2020 when most Chinese investors thought the founder was “out of his mind” trying to build a new social network at a time the industry was dominated by giants like Tencent. The company has not previously announced its funding amount.

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Virtual Fund Social China 89

TechCrunch

NOVEMBER 26, 2023

EMotorad, an Indian startup manufacturing electric bikes, raised $20 million in a Series B round as it aims to disrupt China’s market domination and expand its presence in global markets. The three-year-old startup has raised more than $22.5

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Global Singapore China Raise 124

TechCrunch

APRIL 18, 2022

Laiye, a Beijing-based company that provides a one-stop platform for automating office tasks of varying degrees of complexity, just picked up $160 million from a Series C funding round to expand globally. Twenty percent of its employees are outside China at the moment, but it expects the proportion to reach 50% in a few years’ time.

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Work Raise China Europe 100

TechCrunch

MAY 11, 2022

The latest round brings its total funding raised to $41.4 JIC Venture Growth Investments led the Series E equity funding, with participation from Z Venture Capital , a venture investment arm of Z Holdings, Japan Post Capital and Salesforce Ventures. million (3.5 billion yen) in equity and $11.6 million (1.5 billion yen) in debt.

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Raise South Korea Platform Japan 97

TechCrunch

JULY 12, 2021

To help accelerate its own vision, Gembah has raised an $11 million Series A, led by local firm ATX Venture Partners along with Silverton, Flexport, Brett Hurt, Jim Curry and Dan Graham. million seed round led by Silverton announced in April of last year, bringing its total funding up to $14.75 Image Credits: Gembah. It follows a $3.28

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Product Raise Austin Mexico 100

TechCrunch

AUGUST 24, 2021

The startup, whose clients include Danone, Kellogg’s, Cargill and Dole, announced today it has raised an oversubscribed $4.4 It brings Ai Palette’s total raised to $5.5 Its customer base started in Southeast Asia, before expanding into China, Japan, the United States and Europe. Both will join Ai Palette’s board.

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Trend Companies Raise Help 99

TechCrunch

JULY 1, 2021

Nowports , an automated digital freight forwarder in Latin America, has raised $16 million in Series A funding. Mouro Capital — a venture capital fund focused on fintechs and adjacent businesses that is backed by Banco Santander — led the round for the Monterrey, Mexico-based startup. Nowports raises $5.3

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Industry Raise Kansas City Uruguay 99

TechNode

DECEMBER 17, 2024

Zhipu, one of Chinas most promising challengers to OpenAI, has completed a new funding round, raising 3 billion yuan ($412 million), according to Chinese media outlet 36Kr. In 2024, Zhipu reported a surge in commercial revenue, achieving more than 100% growth.

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Fund Raise API China 59

TechCrunch

APRIL 11, 2022

Cocos Technologies, a China-based game engine provider that has been around since 2010, just announced it has picked up $50 million in a Series B funding round in a bid to work on development and move beyond games. “The progression of mini games is a revolution in China,” suggested Stapley. The mini game renaissance.

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Game South America China Raise 92