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The rest of Asia has risen in importance If I were starting a tech website in 2011, I would probably have wanted to hire someone in Japan, which was at the time the undisputed home of gadgets — floating bathtub TVs, widespread NFC use, robot dogs, and so on. Illustration by Micha Huigen. And for years, we did.
For consumers, this has created a hostile buying environment in some instances, while some governments have become acutely aware of the fragility of the global tech supply chain. The ongoing chip shortage has affected everything from LCD displays to graphics cards, game consoles, TVs, and even automakers.
When the brand did similar limited-edition vintage drops in Germany, South Korea, and Japan, they sold out within minutes or hours. Over the last five years, as the fashion industry has tried to become more sustainable, many brands have started buying back old products and re-selling them to their customers.
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. . Industry sources told TechCrunch that consolidation started in the e-scooter industry last year. Expansion to Japan.
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. As the tit-for-tat tech conflict between the U.S. drop today.
The University of Tokyo Edge Capital Partners (UTEC) , a deep-tech investment firm, announced the first close of its fifth fund, which is expected to total 30 billion JPY (or about $275 million USD) by June 2021. UTEC’s deep-tech investments around the world. What do we mean when we talk about deep tech?
Nonprofit Tech for Good Report ] On average, posts reach 1.4% 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. Facebook Facebook has 3.05 Similarweb ] 61.7%
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. More than 10,000 corporates in over 10 countries, including the U.K., billion in 2031, up from $9.3 billion in 2031, up from $9.3
Mark Boggett is the CEO and co-founder of the Seraphim Space Manager LLP , the world's first listed fund focused on space tech. Multiple players in the industry have recently set their sights on direct-to-mobile connectivity from space. We see 2023 as the year when the industry embraces quantum capabilities. Mark Boggett.
On Monday, the US Department of Justice signed on to a new international statement warning of the dangers of encryption and calling for an industry-wide effort to enable law enforcement agencies to access encrypted data once a warrant has been obtained. The Justice Department has a long history of anti-encryption advocacy.
In this case, Barnabas Birmacher, CEO of Platform as a Service company Bitrise, shared the lessons he learned as his team attempted to enter Japan. Instead of relying solely on strategic partners, his team visited Japan before ramping up to host events and engage directly with early adopters. More valuable, in other words.
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. Numerous AI startups found traction offering such solutions during 2024. and the accompanying app, in September 2024.
and leader of the firm’s National Security Team, counsels clients in the technology/software industry on the full range of issues arising under economic sanctions and export control regulations. technology in support of Russia’s war effort, an initiative with implications for the techindustry. In particular, U.S.
As a fan and scholar of the game , Im happy to see more women watching baseball and working in the industry. Other countries such as Japan , Canada , and Australia have established solid pathways that allow girls and women to pursue baseball from the youth level through high school and beyond. Women take the field In the U.S.,
The main hub for starting a tech business is currently San Francisco. It’s an amazing city, full of people working at tech businesses, and ready to start the next big thing. The costs of living are incredibly high and you will compete with the world’s most successful tech businesses for talent.
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.
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. Singapore as well as Europe, according to Chikizawa.
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. When purchasing an existing house in Japan, brokerage fees usually amount to about 3% of the property price, Ito added. . and the U.K.,
Global premiums initially shrank, but research by Swiss Re predicts the insurance industry will recover by next year, led by demand in China. Coherent will focus on China and emerging markets in Asia.
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. as well as a large swathe of insurers in Japan, specifically Tokio Marine Nichido, Mitsui Sumitomo, Aioi Nissay Dowa and Sompo.
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 demand for CADDi’s services has seen significant acceleration.
The fund was launched with Pegasus Tech Ventures, the “venture capital as a service” firm that has also worked with corporations like Sega Sammy Holdings, Asus and Aisin Seiki to launch venture funds. Japan’s Uncovered Fund launches $15M fund to back early-stage startups in Africa.
Based in Japan, biotech startup Dioseve ’s ambitious goal is to grow human oocytes, or eggs, from other tissue. How compassion and inclusivity are helping Kindbody change the fertility industry. Its aim is to help people struggling with infertility, and it recently raised $3 million led by ANRI, with participation from Coral Capital.
This is an interesting day when we see two of China’s major robotaxi foes come together, offering a clue to how the industry is evolving in the country. For Pony, piggy-backing off a major carmaker can potentially bring a steady stream of business and push for the adoption of its tech.
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. This will include the launch of “credit cards as a service” in the U.S. It will also double down on existing markets such as the U.K./Europe.
Japanese marketing tech firm Geniee, part of the SoftBank Group, has paid about $70 million in cash to acquire the revenue optimization platform Zelto (formerly known as AdPushup), a person familiar with the matter said, delivering 40 times return to a number of angel investors in the startup that began its journey in India.
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.
As China’s domestic smart manufacturing industry enters a new stage of development, the demand for robots continues to rise. It facilitates the intelligent upgrade of industrial logistics and inspection operations for global enterprises, enabling stable, flexible, and efficient production operations.
Japan, South Korea, Spain, and Germany. Japan, and Korea, though the company expects China to grow soon to be one of its top markets. As such, having Gentle Monster as our investor will open up interesting opportunities not just for Nreal, but also for the wider AR industry as a whole.”.
which uses 14 cameras, nine radars, and six LiDar sensors installed in and around the vehicle, highlights Japan’s eagerness to catch up with players like Google’s Waymo that have taken the lead in the U.S. Waymo is going to land in Japan this year. “In Japan, the expectation for commercial services is very high.
Yu, a prominent deep learning scientist in China, expects such hands-off, eyes-off semi-autonomous systems, also known as Level 3 (L3) in the industry, to offer drivers temporary relief, allowing them to take over the controls of the steering wheel only in sticky situations.
ZEBOX , an international accelerator network founded by shipping conglomerate CMA CGM to introduce more tech innovation into the supply chain industry, announced today the launch of its APAC headquarters. Based in Singapore, ZEBOX Asia will also look at markets like Indonesia, Malaysia, Taiwan, Japan and Korea.
It’s a solution aimed directly at infrastructure and heavy industry, which often involve lots of legacy equipment located in hard-to-reach places: roofs, underground (but not too deep or the signal can’t penetrate), in labyrinthine factories and warehouses, etc. . The data goes out via LTE or Bluetooth. Image Credits: LiLz.
Entrepreneurs say regulatory constraints are hampering commercial applications of space tech. To Disrupt The Aerospace Industry With Small, Affordable Satellites. The model is subscription-based, and is designed to get customers up and running with their own space-based data feed in less than a year from deal designs and commitment.
Evolving elephants to unicorns : Annie reports that Kenya’s tourism-focused startup studio Purple Elephant Ventures raises $1 million pre-seed funding to bring some modernization to the industry. Entrepreneurs, in response, have started to develop tech meant to minimize the scale and damage of these natural disasters. Big Tech Inc.
Kdan Mobile , a company that provides a wide range of cloud-based software, including AI-based tech for organizing documents, has raised a $16 million Series B. We’ve observed more and more industries embracing remote or hybrid work for years now, even before 2020,” he said. “We Kdan Mobile founder and CEO Kenny Su.
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 Video: Japan gets a ramen noodle robot.
” Lansdowne Partners and The University of Tokyo Edge Capital Partners (UTEC) a deep tech fund out of Japan, are co-leading the round, with British Patient Capital, Oxford Science Enterprises (OSE) and Oxford Investment Consultants (OIC) also participating. “Our vision is seamless quantum access.”
But the Japan-based company is it’s also aiming at taking down the innumerable dead satellites and debris scattered throughout other orbits, and has raised huge sums to do so. These three panelists will discuss the possibilities of this emerging industry and what it could mean for startups and established enterprises here on the ground.
While banks are dealing with the crisis kicked off by the failure of well-known, startup-friendly Silicon Valley Bank, upstart tech companies are still more than busy raising capital. The round matters for its size (nine figures), industry (fintech has taken a valuation pounding in recent quarters) and underlying financial results.
Oftentimes these events are filled with traditional seed-stage tech companies based in Silicon Valley. The firm aims to help simplify developers’ move to the web3 industry by handling their entire crypto strategy in exchange for future crypto revenues. What it does: Japan-focused NFT wallet. Founders: Kevin Segalla. Stage: Seed.
The company empowers hives with IoT tech, making it possible to track the movements and health of their bees practically in real time and catch things like mite infestations before they go too far. You need to understand the stressors, the variety of inputs and outputs… but to do this with older, less data intensive industries is hard.”
Sounds great, but it takes a lot of energy and expensive elements like platinum to produce the catalysts and membranes that make up the tech sandwich of any modern electrolyzer cell. “The idea is to lift the entire industry,” she said. Canada, Japan and Singapore. Image Credits: SunGreenH2.
Meta joins the supercomputer game : It is a truth universally acknowledged: A [tech megacorp] in possession of a good fortune must be in want of a [supercomputer]. Mark Cuban wants to lower consumer pharma stress : To avoid getting fired, I will retain my views on the modern pharmaceutical industry. Big Tech Inc. Startups/VC.
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