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Riiid , a South Korea-headquartered AI-powered edtech company, acquired its Japanese distribution partner Langoo to expand its Japan footprint. . Langoo, Riiid’s partner in Japan, offers Riiid Tutor, formerly known as Santa, a test prep app for the English-language proficiency test TOEIC in the region. Riiid claims that more than 2.5
When the $80 price was first revealed, gamers immediately raised questions. There are also dozens of unlockable costumes, loads of new tracks, a multitude of both local and online multiplayer modes, and even enhanced social features, like webcam support.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60M in funding. The final piece of my four-part guide to expanding a business into Asia is tailored more towards local startups and a big issue that affects many of them: raising funding from investors. Where are all of the VCs in Asia?
Danggeun Market, the publisher of South Korea’s hyperlocal community app Karrot, announced it has raised $162 million in a Series D round of funding with a valuation of $2.7 The latest funding officially makes Danggeun Market a unicorn, with $205 million total raised. Canada and Japan. “We
Paytm has raised $1.104 billion in India’s largest-ever anchor round as part of its initial public offering, which is also shaping up to be the nation’s largest, as the poster child of the Indian startup ecosystem moves closer to listing in the public markets. billion capital it is looking to raise from the IPO. to $28.85).
Akros just raised $2.3 million from Z Venture Capital , the corporate venture capital wholly owned by Z Holdings , which also owns the Japanese messaging app Line and internet portal Yahoo Japan. The latest funding, which brings Akros’s total amount raised to $6.1 In March, Akros raised $3.75
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.
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. Lai said its localization effort isn’t just focused on supporting multiple languages. The startup has secured $4.2
Co-founder and chief executive officer TK Chen told TechCrunch that FunNow originally planned to start raising its Series B in 2020, before COVID hit. Taiwan startup FunNow gets $5M Series A to help locals in Asian cities find last-minute things to do. During the pandemic, FunNow faced different challenges in each of its markets.
Ditto works across Bluetooth, peer-to-peer Wi-Fi and local wired networks to automatically find and connect to other devices and then synchronize data. Changes to data locally will offline sync once Ditto discovers cloud or peer devices, according to Fish. Developers can use it to subscribe to data that they need or want to see.
When travel platform KKday raised the first part of its Series C in September 2020 , the travel landscape was very different. We plan to use the new funding to double down on expanding our footprint in key markets, including Taiwan, Japan, Hong Kong, Korea and Asia,” founder and CEO Ming Chen told TechCrunch. “In
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.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60 million in funding. For example, should they hire in-market consultants, an expatriate based in a hub city, or partner with a local player? Hire the right people – local and entrepreneurial. You also need true local expertise.
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. . pre-seed round.
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). “We’re
Terra Drone said today it has raised $14 million in Series C funding from Wa’ed Ventures , the venture capital arm of Saudi Aramco , marking the VC firm’s first investment in Asia. Terra Drone’s UT drone for inspection is certified as a ship inspection by the International Register of Shipping , the Japan-based startup said.
Shared micromobility company Luup has raised $8 million (1 billion yen) in debt and asset financing to meet the growing demands of Japan’s micromobility market, which according to a recent report , is projected to reach $11.6 Securing those spaces represents a unique kind of land grab for micromobility companies in Japan.
We bring to the partnership local e-commerce expertise, as well as the understanding and empathy of local brand owners’ mindsets. Singaporean E-commerce aggregator Rainforest raised a series of funding last year. company Thrasio also set up an office in Japan in 2021 to expand its presence in Asia.
It also plans to expand its global presence in China, Taiwan, South Korea, Japan, and Europe. Zhou says that Moov is working to help alleviate local shortages and that the company is able to reduce the lead time for companies to purchase equipment from months, down to days or hours.
The company is one of the largest VC–backed startups in Southeast Asia, having raised over $60 million in funding. . It’s key to keep in mind that large insular markets will suck companies in, particularly India, China, and Japan. They become so entrenched in their local markets, that it is difficult to grow outside of them.
Even if the mission of your nonprofit doesn't have anything to do with adorable cats or precious babies, you can still raise money using social media. When the earthquake hit Japan in March, nonprofits of all sizes, budgets, and national reputations put up Fundraising Projects on Causes.
Presently , Wapi Pay works with local banks and platforms in China, Indonesia, India, Japan, Malaysia, Philippines, Singapore, Taiwan, Thailand and Vietnam. The company claims to be growing at 396% year-on-year since 2019 and has hopes to continue in that fashion.
Mental health startup Intellect ’s ambitious goal is to be available across the Asia-Pacific, but ensure localized, culturally-competent care in each of the many markets it serves. Intellect describes this as “the largest venture round raised by any mental health company in Asia.” Intellect’s platform has two components.
We also wrote about Tellus, a startup that raised $16 million in an Andreessen Horowitz–led seed round of funding last year that is now being scrutinized by the U.S. clients “have some sort of global operations.” “Now, if you use Brex, you can actually operate as if you were a local company with a local card.” government.
But with more and more business processes moving online, online job search is the gift that keeps on giving, and so today comes news of another portal in the space raising a big round to take on the incumbents in the space with more innovative and accurate technology. It is also investing the funding in more international expansion.
Tailor , a Japan-based back-end enterprise resource planning (ERP) platform, said today it has raised $4.3 Legacy ERPs provided by companies such as SAP, Oracle and NetSuite (which is owned by Oracle) and local players like OBIC , are difficult to customize for users, according to Shibata.
Sardine, which raised a $4.5 Local specifics of regulatory regimes are not core to Sardine’s business, because its platform is focused on fraud detection, not law enforcement. The startup has clients all over the globe and has helped companies in countries including Japan and Russia expand into the United States, Ranjan said.
She's known for the Pop-Up General Store , Tartine Afterhours dinners , Home Ec Cooking Classes , and the nationwide Bakesale for Japan that raised $140,000. -Samin Nosrat Samin Nosrat creates community around food with her varied endeavors as a cook, teacher, writer, and accidental activist.
Zhou had to drive two hours to purchase his favorite Asian products at the nearest local Asian market. Yami announced Wednesday it has raised a $50 million Series B co-led by Altos Ventures and Balsam Bay Partners, with participation from previous backers J.P China, and Japan. in 2013 after moving to Los Angeles. .
That is, how to spend what’s been pledged so farand how to raise a lot more to help preserve plant and animal life on Earth. And steps were taken to give Indigenous peoples and local communities a stronger voice in conservation matters. And a big part of the talks will be about raising more money.
Mental health startups are raising spirits and venture capital. Atommerce plans to enter Japan in the first half of 2022 and aims to penetrate North America as early as year-end. The company’s service is going to be fully localized in terms of languages and user interface design such as UX and UI, Kim told TechCrunch.
Morai , which provides autonomous vehicle developers with automotive simulation tools to verify the safety and reliability of self-driving systems, announced today it has raised $20.8 Germany, Japan and Singapore. . It brings its total funding raised to date to $24.9 million (30 billion KRW).
At the time, the most impressive thing about the concert was not how much money was raised, or how many musicians were involved, but how global it was. Concerts took place mainly in the UK and the US, but also in Australia, Japan, France, and a half a dozen other places around the world. Remember Live Aid ?
Deliverect raises $150M : Now worth some $1.4 So, instant-delivery startups have been busy bringing foodstuffs to homes, and raising lots of money at the same time. billion valuation less than a year after it raised at a $5.5 Good news : Ola Electric is now worth some $5 billion after raising a fresh $200 million.
The Mumbai-headquartered startup has raised $150 million in its Series D financing round from Prosus Ventures and Warburg Pincus. In an earlier interview, he recalled the struggle he faced raising money for a direct-to-consumer brand, which were not as popular in the world’s second-largest internet market just five years ago.
Macrometa , the edge computing cloud and global data network for app developers, announced today it has raised a $20 million Series A. Its Series A brings Macrometa’s total raised since its was founded in 2017 to $29 million. Deeplite raises $6M seed to deploy ML on edge with fewer compute resources.
” 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.”
I did a post a few weeks ago on youth programs in TechSoup Global's new Local Impact Map and decided I hadn’t covered this resource nearly enough. Our Local Impact Map. It first works with local community people to see what its children need and then tailors programs that are specific to that locale.
Hivery , a startup that bills itself as an “optimization platform” for retailers, today announced that it raised $30 million in a Series B round led by Tiger Global, the embattled private equity firm, with participation from Blackbird Ventures, AS1 Growth Partners and OneVentures. We call it ‘hyper-local retailing.'”
million units last year, the China Passenger Car Association (CPCA) predicted ahead of the full data being released, local media outlet CLS reported. The partner of Ford and Japans Mazda sold around 730,000 NEVs last year, up 50% from 2023. Below are some automaker developments we saw in 2024.
Una announced today that it has raised a $40 million equity and debt round. Like many other e-commerce aggregators, including Thrasio, Una raised debt financing to buy brands because it is non-dilutive. Thrasio raises $750M more in equity for its Amazon roll-up play.
Some of those updates: Alchemist has raised another $4 million in funds to invest, backed by NEC, Johnson Controls and Nornickel. The accelerator (via its AlchemistX arm) is starting to build out regional programs, working with government organizations to help them figure out how to nurture local startups.
It’s called the Elsonic EK-MD088 , and while its size, shape, and built-in stand make it intriguing, it also raises the question: what would you even use such a narrow monitor for? For one, Ars Technica notes that it doesn’t seem like it’ll be easily available outside of Japan (and even there it’s not shipping until February 2022).
Brothers Ties and Taco Carlier have raised $53.5 But that won’t fix the bikes that have already left for the staging warehouses in the US, Europe, and Japan before delivery to buyers. VanMoof’s competitors are raising capital as well. For example, Rad Power raised $25 million in February while Cowboy raised $23 million in July.
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