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[Image: Amtrak] Nicer seats, bigger views In an announcement released earlier this month , Amtrak revealed a first look at the specs and interiors of its Airo design, and theyre a marked improvement to the rail services existing models. Last February, former Amtrak CEO Stephen Gardner told Fast Company that the U.S.
Climate change is intensifying across the globe, and one of the most challenging cases is Japan. Japan has been something of a gem in One Concern’s market development the past few years. Data was the new oil, until the oil caught fire. Today’s deal expands that partnership further.
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.
Its been gradual, but generative AI models and the apps they power have begun to measurably deliver returns for businesses. Google DeepMind put drug discovery ahead by years when it improved on its AlphaFold model, which now can model and predict the behaviors of proteins and other actors within the cell. Blackbird.AI
These preferences, though, raise questions about what support seniors want and need in their current homes. Japan has advanced the use of robotics specifically for this purpose, with mixed results. This will mean creating sets of modules that can be added and subtracted, potentially through subscription models.
And that is giving a big bump to education startups, which are raising money to capitalise on the growth opportunity. It’s not clear if the round has closed, and whether the full amount was raised (or indeed, more). India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation.
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?
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
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 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.
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 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.
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.
The company just raised a $6 million Series A round, led by Gobi Partners, Pacific Century Group and Complex China, to strengthen its foothold in the U.S. Other competitors have a C2B2C business model and mainly work with individual sellers with unverified supply sources,” Yip told TechCrunch. valuation in Series F raise.
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.,
Montreal-based YPC Technologies today announced that it has raised a $1.8 The startup’s solution is built around a robotic arm that can prepare recipes with a variety of different ingredients — similar to other models we’ve seen. SoftBank will bring Bear’s serving robots to Japan, amid restaurant labor shortages.
The funding is coming at a high-watermark moment for edtech — with the shift to remote learning in the last year of pandemic living highlighting the opportunity to build better tools to serve that market, and a number of startups in the category subsequently raising hundreds of millions of dollars to tackle the opportunity.
Most artificial intelligence models are trained through supervised learning, meaning that humans must label raw data. Data labeling is a critical part of automating artificial intelligence and machine learning model, but at the same time, it can be time-consuming and tedious work. Japan and Vietnam.
The new round of funding brings its total raised to $5.8 One of Peeba’s unique features is that there is no upfront cost with stocking their physical or virtual shelves with inventory from Peeba, as the company uses a “Sell First, Pay Later” model, Lai continued. Wholesale marketplace Abound raises $22.9M.
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.
This February, Africa and emerging market-focused Nestcoin raised a pre-seed round to build, operate and invest in its web3 applications, including crypto content platform Breach Club and gaming guild Metaverse Magna (MVM). Nestcoin raises $6.45M pre-seed to accelerate crypto and web3 adoption in Africa and frontier markets.
With their services more relevant than ever during the COVID-19 pandemic, the startup announced it has raised $14 million in new funding. Based in Hong Kong, Coherent helps insurance providers go digital. The company also offers three tools for working with customers.
French startup Back Market — a marketplace for refurbished electronics goods — has raised a $335 million Series D funding round led by General Atlantic. Consumers can buy refurbished smartphones at different price points, with the stock ranging from old models through to recently released devices. billion, the company said.
Agassi’s company would go on to raise nearly $1 billion (back when that was considered a large sum of money) from some of the world’s top venture capital and growth equity firms. ” Ample’s currently working with five different OEMs and has validated its approach to battery swapping with nine different car models.
Drone delivery startup Zipline, a company that got its start delivering medical supplies across Africa, has raised $250 million in new funding. And while the company iteratively improves its autonomous drone model, much of its successes over the past five years have been related to building out its logistics network.
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.” The startup currently generates sales via a monthly subscription model or half upfront and half monthly subscription fee, Aso noted.
The idea is to turn creators into shareholders of the platform by giving them governance tokens, a model that will “align the interests of content operators and creators for the first time,” Lin suggested. GFR Fund, owned by Japan’s mobile gaming firm GREE, also participated.
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).
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.
Therefore , digitizing has been mostly around delivery rather than building new infrastructure and payment processing models for African individuals and businesses to make cross-border payments. Financial institutions are left with traditional systems and correspondence models to offer service to their customers.
We raised, maybe? Like SmileDirect, but Spanish : Impress is raising a $125 million Series B round in an effort to bring digital orthodontics to European markets, Mike reports. Like SmileDirect, but Spanish : Impress is raising a $125 million Series B round in an effort to bring digital orthodontics to European markets, Mike reports.
Urbanbase , a Seoul-based company that develops a 3D spatial data platform for interior planning and design, announced today it has raised $11.1 Urbanbase, founded in 2013 by chief executive officer and a former architect Jinu Ha, has now raised $20 million (approximately 23 billion won) in total. million and an additional $1.2
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.
Spire Global debuted in 2012, and has raised more than $220 million to date. Spire’s network of satellites is designed to provide customers with a “space-as-a-service” model, allowing them to operate their own payloads, and access data collected via an API their developers can integrate into their own software.
Bridgestone’s partnership with May Mobility will see the AV startup integrate Bridgestone’s predictive tire wear modeling technology into its vehicles later this year. and Japan in the hopes of becoming profitable. and Japan in the hopes of becoming profitable.
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.
In a year where mass transit on airplanes, trains and buses has had lower traveler numbers in the wake of the COVID-19 pandemic, one of the startups hoping to pioneer a totally new approach to getting individuals from A to B — flying taxis — has raised some significant funding. Moonshots and sunsets.
Based in San Francisco and Ho Chi Minh City, ELSA announced today it has raised a $15 million Series B, led by VI (Vietnam Investments) Group and SIG. In addition to Latin America, ELSA will also focus on expanding in Vietnam, India and Japan, where it saw high demand last year. YC-backed BlaBla raises $1.5M
Persefoni , a Climate Management & Accounting Platform (CMAP) for enterprises and financial institutions, is the latest to benefit from this rising tide, with the news today that it has raised $101 million in its Series B financing round. The Series B investment brings Persefoni’s total capital raised to $114.2
Supported by strong word-of-mouth and an active community, 85% of Wuxiaworld’s total revenue comes through content purchased by a monthly subscription model. Serialized fiction startup Radish raises $63.2M Serialized fiction startup Radish raises $63.2M Image Credits: Kakao Entertainment/ Radish/ Wuxiaworld.
That’s because Melody is part of a growing wave of virtual streamers who broadcast using a 3D model in place of their body and face. The model speaks and moves in accord with the person behind it, but viewers of the stream have no idea what that person actually looks like.
Taiwan’s Appier raises $80M for AI-based marketing technology. Appier’s listing is also noteworthy because it marks the first time a company from Taiwan has listed in Japan since Trend Micro’s IPO in 1998. are also based in Japan. Louis and Su has a M.S. in computer science from Harvard.
The Mumbai-based startup announced today that it has raised $36 million in equity and debt led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along with returning investors Chiratae Ventures and Dream Incubator Japan. That’s the gap that revenue-based financing platforms like GetVantage want to fill.
According to Ruzane, the company’s CEO, this $5 million (in equity and debt) is a seed extension round, bringing the total investment raised by FlexClub to over $6 million. That was the model FlexClub launched in South Africa, and after raising $1.2 South Africa’s FlexClub raises $1.2M, partners with Uber Mexico.
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