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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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Coral Capital closes third fund with $128M for startups in Japan

TechCrunch

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). Riney and Sawayama, who were co-founders of 500 Startups Japan, launched their first fund in partnership with 500 Startups in February 2016.

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Korean micromobility startup Swing grabs $24M for growth, expands to Japan 

TechCrunch

Swing , a South Korean electric scooter and micromobility startup, announced today it has raised $24 million in a Series B round to spur its growth and expansion to Japan. . With the fresh capital, Swing has raised a total of approximately $33 million (40 billion KRW) since its inception in 2019. . Expansion to Japan.

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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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Japanese e-commerce enabler AnyMind raises funding in equity, debt for acquisitions

TechCrunch

Japanese commerce enabler AnyMind , which helps brands and influencers’ online operations, has closed a ¥5 billion (approximately $36 million) Series D round on the back of that boost to make additional acquisitions in Japan and globally. The Series D funding, which brings its total funding to date to approximately $91.7

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Moov, an online marketplace for used manufacturing equipment, raises $41M from Tiger Global and others

TechCrunch

Moov, a data-fueled marketplace for used manufacturing equipment , has closed a $41 million Series A funding round led by Tiger Global. It also plans to expand its global presence in China, Taiwan, South Korea, Japan, and Europe. With close to $1.5

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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion 

TechCrunch

There’s an urgent need for a global air traffic management solution to enable safe and efficient drone and urban air mobility (UAM) operations, and Terra Drone aims to be the leading player building the digital infrastructure in the sky.” . The company also could raise another funding before its IPO, Seki added. and Southeast Asia.

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