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AppWorks , the Taipei-based venture capital firm focused on Taiwan and Southeast Asia, announced today it has closed its oversubscribed third fund, raising $150 million. Many of these LPs also participated in AppWorks’ $50 million second fund in 2014. for the other funds. for the other funds.
InfuseAI , a MLOps startup based in Taiwan, announced today it has raised a $4.3 million Series A, led by original design manufacturer Wistron Corporation, with participation from Hive Ventures, Top Taiwan Venture Capital Group and Silicon Valley Taiwan Investments.
Its one of more than 270 schools, from rural Nepal to urban Taiwan, to work with a fast-growing nonprofit called Gravity Water to install the nonprofits tech over the last 12 months. There’s global interest. In some cases, schools now get most of their water from rain. We don’t even need to have storage.” he says.
It also included returning investors CDIB Capital, Darwin Ventures, Accuvest, Sanput Travel Group and CSV Venture Fund, which is jointly managed by NEC Capital Solutions and Venture Labo Investment. Its Series B brings FunNow’s total funding, including its 2018 Series A , to about $22.5
SleekFlow , an omnichannel social commerce platform that helps businesses build customer flow automation from messaging and live video to transactions, has closed $8 million Series A funding led by Tiger Global Management. Transcend Capital and AEF Greater Bay Area Fund, managed by Gobi Partners GBA, also participated in the round.
SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused on high-risk, high-potential bets. As a reminder, SoftBank has invested in many late-stage funding rounds through its Vision Fund team. Portfolio companies include Nuro, Getaround, GetYourGuide, DoorDash, Grab and WeWork.
Moov, a data-fueled marketplace for used manufacturing equipment , has closed a $41 million Series A funding round led by Tiger Global. Investors joining the round include public semiconductor investor Gavin Baker of Atreides Management, Valor Equity Partners, Avenir Growth Fund, and existing investors. With close to $1.5
Intudo Ventures , the “Indonesia-only” investment firm, announced today it has closed its third fund, totaling $115 million. Called Intudo Ventures Fund III, it was raised in less than three months and oversubscribed. Portfolio companies from its first two funds include Pintu , TaniHub Group and Gredu.
In countries where English is not a main language, listed companies not only have to deal with financial disclosure regulations, but make sure their investor materials are available in English for global backers. The Taipei-based startup’s clients include Foxconn, ASUS, China Airline, the Taiwan Stock Exchange and Taiwan Mobile.
Conductive Ventures raised a $200 million Fund III to continue its focus on investing in founders where other venture capital firms did not see the potential. You might remember our profile of the firm back in 2018 when it officially launched with a $100 million enterprise fund. We don’t have to swing at every single pitch.
Dable (the name is a combination of “data” and “able”) currently serves more than 2,500 media outlets in South Korea, Japan, Taiwan, Indonesia, Vietnam and Malaysia. It has subsidiaries in Taiwan, which accounts for 70% of its overseas sales, and Indonesia. The Series C brings Dable’s total funding so far to $20.5
” Its latest funding round was led by TMYTEK’s manufacturing partner Inventec, one of the largest OEMs in Taiwan, and brings the startup’s total funding so far to $13.3 Other investors included Taisic Materials, ITEQ, Tamagawa Electronics, and Taiwan’s National Development Fund. and European market, he said.
Aruna announced today it has raised $35 million in Series A funding led by Prosus Ventures and East Ventures Growth Fund, with participation from SIG and returning investors including AC Ventures, MDI and Vertex Ventures. The platform currently has about 20 product categories and will use its funding to expand into more.
million in seed funding from investors including SparkLabs Taiwan, Palm Drive Capital and content-tech unicorn Tezign, and will launch generative AI-powered features soon. Since its launch, dipp has primarily focused on Taiwan, but is expanding into Southeast Asia, with new clients in Singapore, the Philippines and Thailand.
Electric scooters powered by Gogoro ’s swappable, rechargeable batteries now account for nearly a quarter of monthly sales in Taiwan , its home market. But India is obviously a much larger market, in terms of geography and population, than Taiwan. This is why Gogoro and Hero MotoCorp’s swapping station joint venture is important.
The company, which is best known for its electric Smartscooters and swappable battery infrastructure, announced today it will list on Nasdaq through a merger with Poema Global , a SPAC affiliated with Princeville Capital. They have, for example, a sustainability fund, so our passion for green and sustainability merges well with that.”.
Fazz , the Southeast Asian digital financial services group created by the merger of PayFazz and Xfers , announced today that it has raised a total of $100 million in Series C funding. This includes $75 million in equity and a $25 million debt facility.
The acquisition comes after the company’s latest $175 million Series D round from SoftBank’s Vision Fund 2 in May. Riiid has said it will continue to fuel its global expansion with the funding. . Riiid has been actively penetrating the global market since 2020 after it opened the U.S. Canada, Brazil, and Vietnam. .
Global venture capital firms are pouring money into the semiconductor startups developing the next generation of chips. Additionally, the funding will be used to double its headcount to 100 employees, and set up an office in the U.S. Venture capital funding for global chip startups more than tripled year over year in 2021, with $9.9
Glints’ platform currently has three million professionals in five markets (Indonesia, Vietnam, Singapore, Malaysia and Taiwan), and 50,000 companies that are seeking workers, including AIA, IKEA, GetGo, KKday and Gameloft. Despite layoffs, there’s still a talent crunch in Southeast Asia.
The Taipei-headquartered company announced today it has raised $17 million in pre-Series A funding led by CDIB Capital Group. XREX’s last funding was a $7 million seed round in 2019. and then in Taiwan, we were not exposed to those issues. Regulating crypto is essential to ensuring its global legitimacy.
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.
Una, one of the largest e-commerce aggregators in Asia, has already established its presence across Asia, including Singapore, Australia, India, China, Indonesia, Malaysia and Taiwan, since its launch in 2021. . Una says that South Korea, the fifth-largest e-commerce market globally, is considered a key market for Una Brands. .
to send money to the region, much higher than the global average of 6.8%. “We spent some time in Asia, given the growing trade relationship between the two corridors [Africa and Asia], and saw the growing need to make this more efficient, faster and cheaper, evolving from remittances to global payments. ” he added.
A global phishing campaign has been targeting organizations associated with the distribution of COVID-19 vaccines since September 2020, IBM security researchers say. Advanced insight into the purchase and movement of a vaccine that can impact life and the global economy is likely a high-value and high-priority nation-state target.”.
million in seed funding led by Headline Ventures. The new round of funding brings its total raised to $5.8 With the latest funding, Peeba plans to double its headcount and expand local offices to improve local language support across 11 Asia countries. Peeba is bringing about the next stage of global retail innovation.
During its program, SparkLabs provides funding, mentorship and access to administrative and legal advisory support for startups. In addition, participating startups get co-working space, will attend weekly classes and have access to four to six mentors who have expertise in various industries, not just in South Korea but global regions. .
Warren’s seed funding also included participation from Lemonade Stand and angel investors like former Nokia vice president Paul Melin and Marek Kiisa, co-founder of funds Superangel and NordicNinja. “Whereas global providers give a personal touch maybe only to a few big clients in the enterprise sectors.”
This years Most Innovative Companies in computing include TSMC; the Taiwan-based fabricators N3P chip offers the smallest, most densely packed transistor size yet, while the company Chip-on-Wafer-on-Substrate (CoWoS) packaging technology is integral to AI accelerator chips, including Nvidias Blackwell GPU. in Ehningen, Germany.
This morning marked the kickoff of VC firm 500 Global’s Fall 2022 Demo Day, which saw over a dozen startups give their best pitches to prospective investors — and customers. 500 Global, formerly branded under 500 Startups , has an accelerator that competes with YC. It’s demo day season. The moonshots.
Christine Tsai is the CEO and founding partner of 500 Global. This was another blockbuster year for global venture funding, with 2021 breaking records across the board. Last year, a total of $643 billion was invested globally, according to Crunchbase News , compared with $335 billion in 2020 – that’s 92% growth year over year.
The round’s other participants were Sequoia Capital India (Zenyum is an alum of its Surge accelerator program ), RTP Global, Partech, TNB Aura, Seeds Capital and FEBE Ventures. ZenyumClear is currently available in Singapore, Malaysia, Indonesia, Hong Kong, Macau, Vietnam, Thailand and Taiwan, with more markets planned.
Based in Taipei, Taiwan, eYs3D was spun out of Etron , a fabless IC and system-in-package (SiP) design firm, in 2016. It will use its new funding to build its embedded chip business in new markets. The new funding will also be used to expand eYs3D’s product development and launch a series of 3D computer vision modules.
The global thirst for an up-charged pair of Yeezy’s or limited edition Jordan’s combined with a growth in a digital ecosystem is creating new opportunities, particularly in the sneaker resale market, for companies like Kicks Crew , a Los Angeles- and Hong Kong-based sneaker and apparel platform. Canada, Australia and Asia.
Originally from Taiwan, Huang relocated to Shanghai in 2019 to start Blabla after working in Silicon Valley for over a decade. The funding will allow Blabla to expand in Southeast Asia and Latin America while Wayra X can potentially help it scale to Telefónica’s 340 million global users.
Based in New Taipei City, Taiwan and led by chief executive officer Alice Chang, Perfect Corp. is probably best known to consumers for its beauty app, YouCam Makeup, which lets users “try on” virtual samples from over 300 global brands, including ones owned by beauty conglomerates Estée Lauder and L’Oreal Paris.
We’ve seen widespread losses in global equity markets this year. After a decade-long bull run, many venture capital funds have found themselves holding overvalued shares of companies whose IPO prospects have been either eliminated or significantly delayed. With respect to the U.S.
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 2027 , from $17.6
“We see a lot of growth and momentum in the space globally, but also here in this region, because I think we are finally at the stage as a society where we’ve realized that the way we’ve consumed in the past is not sustainable.” Reebelo’s last funding was a $1 million seed round announced in June 2020.
1 and another investor to its PIPE investment, bringing the total funding to $285 million, up from $257 million. This additional funding, in addition to our recent F-4 filing, keeps us on track for closing in Q1,” said Bruce Aitken, chief financial officer of Gogoro, in a statement.
The Singapore-based company announced today it has raised $44 million in Series C funding led by returning investors Itochu Corporation, which put in $32 million. The rest of the round came from investors including iGlobe Partners, Alkemi, Global Brain, KDV and Infocom. The company claimed two-fold revenue growth in 2021.
Not only do you need to come up with something relevant, but you have the added stress of worrying about the verb effect, if it’s easy-to-spell, globally understandable, catchy, memorable and gives off the right impression. million in seed funding. “We Naming your startup can be one of the most difficult challenges for an entrepreneur.
For years, Amadeus managed its own infrastructure, but as the pandemic slowed global travel to a trickle, its executive team realized that mounting technical debt was holding the company back. . “In short, it covers just about every aspect of travel IT imaginable,” writes enterprise reporter Ron Miller.
million in seed funding. Co-founders Kevin Lee and Kevin Chanthasiriphan both grew up in food families from Taiwan and Thailand, respectively, and met a decade ago while working at the same tech company. The global instant noodle space is projected to be a $32 billion industry by 2027, with $7.7 billion of value in the U.S.
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