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Climate change is intensifying across the globe, and one of the most challenging cases is Japan. Technology to address disasters and resilience is a key area of venture capital investment these days , and now another startup in the space is proving that there is widespread interest in this growing market.
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
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. . Swing aims to take the market.
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
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.
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. AnyMind operates 17 offices across 13 markets with more than 1,000 employees. ”
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?
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. Conversational AI startup Yellow Messenger raises $20M Series B from Lightspeed.
Peeba says the lack of B2B-focused online wholesale solutions and tech infrastructure hampered Asia’s antiquated B2B retail, wholesale market in business growth and new market entries during the pandemic. The new round of funding brings its total raised to $5.8 Wholesale marketplace Abound raises $22.9M.
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. It will be using the funding to expand into new markets. trillion market globally. ” Back Market doesn’t refurbish devices directly.
Just half a year after leading SODA’s Series B , SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. SODA said that the deal means its share of Japan’s sneaker resale industry is now 80%, making it the market leader by far. The StockX EC-1.
Jakarta-based fintech Akulaku has raised $200 million from Mitsubishi UFJ Financial Group (MUFG), the largest bank in Japan. This is part of a strategic investment, with startup and MUFG planning to expand into new markets and product together in 2023.
Tractable , which works with automotive insurance companies to let users take and submit photos of damaged cars that are then “read” to make appraisals, has raised $60 million, a Series D that values Tractable at $1 billion, the company said. will overtake Japan as Tractable’s biggest market soon.
In one of the latest developments, Bisu — a Tokyo-headquartered healthcare startup that has built a lab-grade testing device that can be used at home for diagnostics that translate into actionable health data — has raised $3.2 The seed funding brings its total raised to $4.3
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. It will also double down on existing markets such as the U.K./Europe.
A supplemental post to 101 Digital Marketing & Fundraising Best Practices for Nonprofits , the statistics listed below can guide your nonprofit in creating and maintaining a successful social media strategy. 35% of nonprofits raised more money than they expected while 23% raised less. 32% raised what they expected.[
Skycatch today announced a $25 million raise, led by ADB Ventures and Wavemaker. Indonesia, China, Philippines, Thailand and Japan. It typically is owned by the laser scanning market,” says Sanz. Skycatch Raises $13.2M The list includes Chile, Colombia, Peru, Brazil, Australia, Canada, the U.S.,
Japanese startup ispace has raised $46 million in a fresh round of Series C funding as it looks to complete three lunar lander missions in three years. It will deliver a 22-pound rover for Saudi Arabia’s Mohammed bin Rashid Space Center, a lunar robot for the Japan Aerospace Exploration Agency and payload from three Canadian companies.
Ride Vision , an Israeli startup that is building an AI-driven safety system to prevent motorcycle collisions, today announced that it has raised a $7 million Series A round led by crowdsourcing platform OurCrowd. The company has now raised a total of $10 million. Honda also has patents on similar technologies.
“In this round, it was important for us to bring in strategic money — money is important, funding is important and this is our way to scale — but also, in this market, strategic partners are important. So what we care about is where the main markets of enterprises that will adopt quantum computing are.
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 The latest funding, which brings Akros’s total amount raised to $6.1 In March, Akros raised $3.75
billion (300 billion yen), mostly in cash, to enhance its business in Japan. After the acquisition, the Japan-based company will continue to operate its existing business and maintain the brand while the leaders, Paidy’s president and CEO Riku Sugie and founder and executive chairman of Paidy Russel Cummer, keep their positions.
And this approach is not just for “privacy freaks” Businesses that need search but don’t need Google’s dominant market position are increasingly attracted by this model. The result of the investment is that Xayn will now also focus on the Asian market, starting with Japan, as well as Europe.
The e-commerce market of South Korea is expected to increase up to $250 billion by 2025. Una says that South Korea, the fifth-largest e-commerce market globally, is considered a key market for Una Brands. . Singaporean E-commerce aggregator Rainforest raised a series of funding last year.
The round, led by the Qatar Investment Authority (QIA), follows last year’s $170 million raise. Canada, Japan and additional parts of Europe. The company is also set to spread into more Asia-Pacific markets and the Middle East. Europe-based vertical farming firm Infarm this week announced a $200 million Series D.
CADDi, a Tokyo-based B2B ordering and supply platform in the manufacturing and procurement industry, helps both procurement (demand side) and manufacturing facilities (supply side) by aggregating and rebalancing supply and demand via its automated calculation system for manufacturing costs and databases of fabrication facilities across Japan.
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.
“In China, most supplements are sold at a big markup through pharmacies or multi-level marketing companies like Amway,” Weng said. Amway and the likes spend a lot on marketing and sales.” Moreover, the startup will spend the money on securing health-related certificates and adding Japan to its sourcing regions.
This is the sixth post in a blog and webinar series called 101 Digital Marketing Best Practices for Nonprofits , written and presented by Heather Mansfield. In fact, one of the most in-demand job skills for digital marketers and fundraisers is knowing how to effectively use social media advertising channels and Google Ads.
Its video review marketing tool is called VREVIEW , and it works by sending a chatbot to a merchant’s customers to collect their video reviews and product ratings. The startup just raised $8.1 China and Japan and intends to enter the U.S. market in the second quarter of this year to attract more users overseas.
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.
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).
French startup Back Market has raised another mega round of funding. In May, the company raised a $335 million Series D round. If you’re not familiar with Back Market, the company operates a marketplace of refurbished electronics devices — mostly smartphones. Back Market doesn’t refurbish devices directly.
Beam , a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia. Singapore’s micromobility startup Beam raises $26 million. Advanced rider assistance systems: Tech spawned by the politics of micromobility.
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. valuation in Series F raise.
“Microinfluencers” are gaining clout among marketers. Founded in 2018, Influenxio has now raised over $3 million in total, including from seed investor SparkLabs Taipei. It currently operates in Taiwan and Japan, where it has databases of 100,000 and 250,000 Instagram creators, respectively.
It’s my hope that this will help prospective entrepreneurs who are looking at – or are already in – the region determine where to focus their next capital raise, what to expect from specific countries and firms, and how to navigate the changing tides in Asia’s investor waters. The players in Japan have had their ups and downs.
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 paid $1.3
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. Despite the large e-commerce market size, both countries have fewer e-commerce aggregators than other countries with smaller markets, South Korean e-commerce aggregator New Vessel said.
In August, the startup raised a $60 million A round at a $400 million valuation from Andreessen Horowitz, Thrive Capital, OpenAI, Googles Jeff Dean, OpenAIs Noam Brown, and the founders of Stripe, GitHub, Ramp, and Perplexity. has raised more than $20 million in venture capital so far. Blackbird.AI
One of the latest entrants to this market is MagniLearn , an AI-centric startup that provides students with individualized lessons based on their progress. As the Israel-based startup announced today, it has now raised a $2.8 Image Credits: MagniLearn. Currently, MagniLearn’s product focuses on teaching English.
Octopus will now launch as a brand in Japan with its trademark 100% renewable electricity operation, which uses an innovative AI and data-based platform to balance loads around the grid. Octopus has a 5% share of the energy supply market and counts 1.8 by 50% (renewables in Japan in 2019 accounted for 18.9% In the U.K.,
As a marker of where it was prior to this round, in April of this year, when it raised $100 million , Thrasio was valued at $3.7 The company, founded in 2018, has now raised $3.4 One of the reasons it has raised so much in this round is to better target that global opportunity. Thrasio already has operations in the U.K.,
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