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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.
Profet AI , a Taiwanese startup that makes auto machine learning software for manufacturers, announced today it has raised $5.6 The funding will be used on Profet AI’s expansion in Japan, Southeast Asia and China, with plans to sign joint ventures with overseas partners. million in Series A funding. Smartex sews up $24.7M
Secai Marche , a farm-to-table fulfillment platform serving farmers in Japan and Southeast Asia, announced today it has raised 210 million Japanese yen (about $1.6 This brings the startup’s total raised so far to $4.5 This brings the startup’s total raised so far to $4.5 million USD) in Series A funding.
As the insurance industry adjusts to life in the 21st century (heh), an AI startup that has built computer vision tools to enable remote damage appraisals is announcing a significant round of growth funding. Insight Partners and Georgian Partners co-led the round and it brings the total raised by the company to $115 million.
Rival IQ Social Media Industry Benchmark Report ] Nonprofits have an average engagement rate of 0.066% on Facebook. Rival IQ Social Media Industry Benchmark Report ] 53% of nonprofits spend on social media advertising. 35% of nonprofits raised more money than they expected while 23% raised less. Facebook Facebook has 3.05
With COVID-19 disrupting the entire manufacturing supply chain including semiconductor shortages, companies across multiple industries have been struggling to seek a procurement solution that can rebalance the gap between supply and demand. The new funding brings CADDi’s total raised so far to $90.5
Organizations across many industries believe their employees are more productive and efficient with AI tools such as chatbots and coding assistants at their side. Other standout AI apps focuse on specific industries. has raised more than $20 million in venture capital so far. Blackbird.AI
Artificial intelligence is taking over almost every industry. The investment and finance industry is no exception. Akros Technologies wants to disrupt the current asset management industry via its AI-driven asset management software platform that mines market data for stocks. Akros just raised $2.3
Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. Launched in 2018, SODA runs SNKRDUNK , one of Japan’s largest sneaker reselling platforms with about 2.5 million monthly users. Along with its new funding, SODA announced it has acquired rival Monokabu.
The founders wanted to address the issue in the consumer finance industry in Japan and launched SmartBank. In Japan, banks do not offer joint accounts for couples. Unlike other countries, traditional banks in Japan don’t offer joint accounts,” SmartBank CEO Horii told TechCrunch.
Railsbank , the London-headquartered Banking-as-a-Service platform, has raised $37 million in new growth funding. and expand its product in APAC, including the Philippines, Indonesia, Malaysia, Australia and Japan. and Europe and helps protect the reputation of the fintech industry.
While this is not a huge extension round, it’s still worth an extra look because it shows how these new strategic investors in the financial services industry are placing early bets on quantum computing and Classiq’s ability to make building quantum software easier. If I had to name two, it would be Japan and Germany.
The South Korea and Japan-based startup automates front and backend processes including accommodation reservation, room management and front desk duties, and it will be using the funds to continue expanding its business. It entered Japan in 2017, for example, by acquiring several Japanese hospitality management companies.
As the Israel-based startup announced today, it has now raised a $2.8 million seed funding round led by crowdfunding platform OurCrowd ‘s incubator Labs/02 and India’s Reliance Industries, in addition to the Israeli Innovation Authority and a number of private investors. Image Credits: MagniLearn.
Moreover, the startup will spend the money on securing health-related certificates and adding Japan to its sourcing regions. the Chinese internet saw drastic changes and gave rise to an industry largely in the grip of Alibaba and Tencent. Returnees adapt. Screenshot of Lemonbox’s WeChat-based store. “In the U.S.,
And the evidence comes today with the news that Xayn has now raised almost $12 million in Series A funding led by the Japanese investors Global Brain and KDDI (a Japanese telecommunications operator), with participation from previous backers, including the Earlybird VC in Berlin.
Bear has seen some success in deployment of late, including a bid to get its system in more restaurants in Japan. Japan has long eyed robots as a way to keep business moving for its aging population, and the pandemic only served to accelerate those needs. 5 fundraising imperatives for robotics startups.
Whether they do it out of a fear of missing out or genuine belief in blockchain technologies, the trend appears irreversible at least for now, as investment keeps pouring into the industry. Oasys, a Japan- and Singapore-based startup that’s building a blockchain for gaming developers, has just raised $20 million.
The company has raised a total of $16 million since its 2018 inception. . In Japan, where the real estate market is fragmented, homeowners have faced uncertain selling prices riddled with brokerage fees and an average selling period of between four and eight months, Ito said. Japan Finance Corporation led the debt financing.
When Masaya Aso worked on autonomous driving technology at Bosch in Japan and Germany, he realized that “many tasks were still manual as over 85% of warehouses have almost no automation at all.” automotive industry),” said Duncan Turner, general partner at SOSV and managing director of HAX.
While working as a software engineer in Japan, Singapore and San Francisco for the past 10 years, Ryo Chikazawa , CEO and co-founder of Autify , came to realize that there’s one common problem in the software development industry; software testing takes excessive time. The latest funding brings Autify’s total raised to $12.2
According to eMarketer , Japan and Korea’s e-commerce markets were estimated at $144 billion and $121 billion, respectively, in 2021. The company plans to raise its Series A funding in June after completing acquisitions in the first half of this year, Lee noted. . Image Credits: eMarketer (screenshot). It’s only a matter of time.
UTEC currently has about $780 million in total assets under management, and says this makes it one of the largest venture capital funds focused on science and tech in Japan, and one of the largest deep-tech funds in Asia. German Bionic raises $20M led by Samsung for exoskeleton tech to supercharge human labor.
The latest round, which brings its total funding raised to $83 million, comes approximately a year after raising $14.4 The company also could raise another funding before its IPO, Seki added. 4 eVTOL trends moving the air taxi industry closer to takeoff. AirMap raises $26 million to manage air traffic as drone use surges.
The two say that they recognized that companies in the industry, such as Qualcomm and Samsung, spend billions of dollars a year purchasing manufacturing equipment only for it to get scrapped or forgotten in an offsite warehouse in a few years despite being usable for decades.
With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. Global premiums initially shrank, but research by Swiss Re predicts the insurance industry will recover by next year, led by demand in China.
Japanese shared micromobility startup Luup has raised $30 million (4.5 In light of the sector’s growing popularity, the Japanese government has been proactive in loosening e-scooter regulations to further stimulate the micromobility industry. billion yen) in a Series D financing round, which consists of 3.8
This is already apparent in the chip industry, where China’s push for self-reliance has brought new riches and capital for new businesses. It’s true for Liu FengFeng, whose company, Tsinghon, was able to raise $5 million for its attempt at building a new semiconductor manufacturer in the country.
Others in the first tranche of this round included another carrier, Japan’s NTT Docomo, MS&AD Ventures (the venture arm of the global cyber insurance firm) and Dell Technology Capital, the VC arm of Dell. “We started there with Fortune 500 customers in areas like automotive and industrial and medical and telco and aviation.
Drone delivery startup Zipline, a company that got its start delivering medical supplies across Africa, has raised $250 million in new funding. In the long run, Zipline may start to focus on other industries, but for now it’s laser focused on healthcare, Rinaudo said. This latest round has vaulted the company’s valuation to $2.75
Back in 2015, researchers Charlie Miller and Chris Valasek remotely hacked into a Jeep Cherokee driven by a Wired reporter , Andy Greenberg, in an attempt to warn the auto industry of potential pitfalls in their software and inspire legislation around automotive cybersecurity. It did that and more. Although the U.S.
Japan is testing the idea, but given the difficulty of retrofitting the natural gas infrastructure to accommodate the leaky molecules, it’s unlikely to happen in the near future. One place where hydrogen does show promise is in heavy industry, where intense heat and dense power can be hard to replicate with electric sources.
Kyash , a Tokyo-based mobile financial app, has raised $41.2 The round comes from a number of investors including Japan Post Investment Corporation, Block (formerly known as Square), Greyhound Capital, SMBC Nikko Securities, Altos Ventures, Goodwater Capital, StepStone Group, JAFCO Group, Mitsui Sumitomo Insurance Capital and others. .
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. Another company, Procore, went public in 2021 after raising $75 million at a $3 billion valuation in 2018.
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 2019.
The Singapore-based company announced today it has raised $6 million in seed funding, led by B Capital Group. The Singapore-based company announced today it has raised $6 million in seed funding, led by B Capital Group. Singapore-based sales productivity platform Nektar raises $2.15 Combined with its previous round, $2.15
To date, the company raised $5 million in a seed round. It previously raised a pre-seed round from Sequoia Capital, Alliance DAO, Xoogler and others. It has raised capital from Alliance DAO, dao5, IDEO CoLab and angel investors. In July 2021 it raised $235 million from General Atlantic and is using the funds to hire developers.
Rakuten Symphony , the recently launched telco-focused arm of Japan’s Rakuten Group , today announced that it has acquired Robin.io , a startup that offers a Kubernetes platform optimized for storage solutions and complex network applications. had raised a total of $86 million in venture funding.
Retail tech startup Daalchini , which offers smart vending machines to hundreds of brands in India, has raised $4 million as it works to establish autonomous smart stores and vending machines in every 200 meters of habitable area in the country. She said that unlike markets including Japan and the U.S.
Wolt , the Helsinki-based online ordering and delivery company that initially focused on restaurants but has since expanded to other verticals, has raised $530 million in new funding. The new round takes the total amount of financing Wolt has raised to $856 million. shareholders that exited to new investors).
Oberoi of Zelto, which has been profitable for several years and raised less than $2.5 At the time, it was still a small company, but I invested in Ankit on the intuition that it would become a leading global entrepreneurship in the industry,” said Tomoaki Kudo, chief executive of Geniee, in a statement. “I
Tailor , a Japan-based back-end enterprise resource planning (ERP) platform, said today it has raised $4.3 The company says approximately 70% of the software industry spend in Japan goes to building customized products. million in seed funding from Y Combinator and Global Brain.
Nreal , the well-funded Chinese AR headset maker that’s been making aggressive global expansion, said Thursday that it has raised $15 million from Korean sunglasses brand Gentle Monster ’s parent company, IICOMBINED. Japan, South Korea, Spain, and Germany. the company said. .”
Spire Global debuted in 2012, and has raised more than $220 million to date. Existing investors in Spire Global include RRE Ventures, Promus Ventures, Seraphim Capital, Mitsui Global Investment and more, with its most recent round being a raise of debt financing. NanoSatisfi Raises $1.2M
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