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kakao esports

Analysis: Kakao’s Esports Foray with DRX, And Why It Matters

DRX CEO predicts a new “K-wave” as a result of a new connection between Korea’s gaming community and Kakao’s brand. By Alvin Mak Popular Korean League of Legends esports team DragonX (DRX) has signed a new partnership deal with Kakao, the Korean Internet and tech giant, according to a statement released on Tuesday, June 9, […]

Analysis: Kakao’s Esports Foray with DRX, And Why It Matters Read More »

DRX CEO predicts a new “K-wave” as a result of a new connection between Korea’s gaming community and Kakao’s brand. By Alvin Mak Popular Korean League of Legends esports team DragonX (DRX) has signed a new partnership deal with Kakao, the Korean Internet and tech giant, according to a statement released on Tuesday, June 9,

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greenlight biosciences fundraise

GreenLight Biosciences Fundraise: US$102M From Morningstar, Others

Malaysian government’s Xeraya Capital also participated in GreenLight Biosciences’ fundraise U.S.-based biotechnology company GreenLight Biosciences has raised $102 million in its Series D round fundraise from large Southeast Asian and American investors, the company announced in a statement. The oversubscribed round was led by Hong Kong-based Morningside Ventures, owned by the Chan family, the real-estate

GreenLight Biosciences Fundraise: US$102M From Morningstar, Others Read More »

Malaysian government’s Xeraya Capital also participated in GreenLight Biosciences’ fundraise U.S.-based biotechnology company GreenLight Biosciences has raised $102 million in its Series D round fundraise from large Southeast Asian and American investors, the company announced in a statement. The oversubscribed round was led by Hong Kong-based Morningside Ventures, owned by the Chan family, the real-estate

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geek+ fundraise

Chinese Robotics Startup Geek+ Announces final fundraise of USD$200M+ Series C

Geek+ controls 10% of the global market share and has deployed over 10,000 robots worldwide till date Geek+, a Beijing-based unicorn that provides advanced robotics for logistics, announced today that it closed its Series C fundraise at over US$200 million earlier this year. The funding following a $150 million B series round in November 2018,

Chinese Robotics Startup Geek+ Announces final fundraise of USD$200M+ Series C Read More »

Geek+ controls 10% of the global market share and has deployed over 10,000 robots worldwide till date Geek+, a Beijing-based unicorn that provides advanced robotics for logistics, announced today that it closed its Series C fundraise at over US$200 million earlier this year. The funding following a $150 million B series round in November 2018,

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Fabelio

Indonesia Furniture Eretailer Fabelio’s US$9M Series C1 To Fuel Domestic Growth

Aiming to expand within the Indonesia this year, Fabelio wants to move into Southeast Asian markets soon Indonesian online home furniture retail startup Fabelio has raised $9 million in its ongoing Series C round, the company announced in a statement today. The raise has grown the startup’s total capital pool to over $20 million, it

Indonesia Furniture Eretailer Fabelio’s US$9M Series C1 To Fuel Domestic Growth Read More »

Aiming to expand within the Indonesia this year, Fabelio wants to move into Southeast Asian markets soon Indonesian online home furniture retail startup Fabelio has raised $9 million in its ongoing Series C round, the company announced in a statement today. The raise has grown the startup’s total capital pool to over $20 million, it

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byd semiconductor fundraise

BYD Semiconductor Raises Additional US$113M; Second Raise in Two Months

The latest investment for BYD semiconductor follows the $267 million funding round conducted late last month BYD Semiconductor, the chipmaking arm of BYD Co. Limited, the Chinese Electric Vehicles (EVs) maker backed by Warren Buffet, has secured an additional US$113 million in a Series A+ round from 30 investors, according to an announcement on the

BYD Semiconductor Raises Additional US$113M; Second Raise in Two Months Read More »

The latest investment for BYD semiconductor follows the $267 million funding round conducted late last month BYD Semiconductor, the chipmaking arm of BYD Co. Limited, the Chinese Electric Vehicles (EVs) maker backed by Warren Buffet, has secured an additional US$113 million in a Series A+ round from 30 investors, according to an announcement on the

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A Step Ahead of The Next Crisis: Newly Launched Virtual Global Accelerator Expara VirTech

Expara VirTech Global Accelerator aims to promote helpful solutions for worldwide calamities Powering startups on the offensive against future global crises, Singapore-headquartered venture capital firm Expara Ventures launched the first cohort of its fully online accelerator Expara VirTech Global Accelerator via Zoom on Tuesday, May 16. “We decided to launch an acceleration program focusing on

A Step Ahead of The Next Crisis: Newly Launched Virtual Global Accelerator Expara VirTech Read More »

Expara VirTech Global Accelerator aims to promote helpful solutions for worldwide calamities Powering startups on the offensive against future global crises, Singapore-headquartered venture capital firm Expara Ventures launched the first cohort of its fully online accelerator Expara VirTech Global Accelerator via Zoom on Tuesday, May 16. “We decided to launch an acceleration program focusing on

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Cloud is an “Unbeatable Megatrend”: Highlights and More from SaaStock Remote 2020

What the SaaS industry needs to turn itself around The first SaaStock Remote, a virtual conference for software-as-a-service (SaaS) companies, took place on June 10-11 and featured over 150 speakers and 3000 attendees discussing the changing SaaS landscape in the context of the Covid-19 pandemic. The conference was hosted via online events platform Hopin, and

Cloud is an “Unbeatable Megatrend”: Highlights and More from SaaStock Remote 2020 Read More »

What the SaaS industry needs to turn itself around The first SaaStock Remote, a virtual conference for software-as-a-service (SaaS) companies, took place on June 10-11 and featured over 150 speakers and 3000 attendees discussing the changing SaaS landscape in the context of the Covid-19 pandemic. The conference was hosted via online events platform Hopin, and

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Drishti

Manufacturing AI Startup Drishti Bags $25M Series B Led By Sozo Ventures

The latest investments will be used for global expansion with plants across North America and Japan Drishti Technologies, Inc. has raised an investment of $25 million in its Series B round of financing led by Sozo Ventures, according to a press release issued by the startup on Tuesday. As part of this round, Uday Sandhu

Manufacturing AI Startup Drishti Bags $25M Series B Led By Sozo Ventures Read More »

The latest investments will be used for global expansion with plants across North America and Japan Drishti Technologies, Inc. has raised an investment of $25 million in its Series B round of financing led by Sozo Ventures, according to a press release issued by the startup on Tuesday. As part of this round, Uday Sandhu

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Postman

API Platform Postman Closes US$150M Series C At US$2B Valuation

Postman is the fourth Indian SaaS startup to reach unicorn status – and the fastest, having reached this milestone in just six years API development platform Postman, announced yesterday that it has raised US$150 million in a Series C investment round led by Insight Partners, at a valuation of $2 billion. Existing investors Charles River

API Platform Postman Closes US$150M Series C At US$2B Valuation Read More »

Postman is the fourth Indian SaaS startup to reach unicorn status – and the fastest, having reached this milestone in just six years API development platform Postman, announced yesterday that it has raised US$150 million in a Series C investment round led by Insight Partners, at a valuation of $2 billion. Existing investors Charles River

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Ula

B2B Retail Marketplace Ula Chalks Up US$10.5M In Seed Funding

Ula aims to support small retailers address their sourcing and working capital needs Jakarta-based small retail marketplace app Ula has raised $10.5 million in seed funding from several institutional and angel investors, the startup announced in a statement on June 10. Sequoia India and Lightspeed India led the round, with participation from SMDV, Quona Capital,

B2B Retail Marketplace Ula Chalks Up US$10.5M In Seed Funding Read More »

Ula aims to support small retailers address their sourcing and working capital needs Jakarta-based small retail marketplace app Ula has raised $10.5 million in seed funding from several institutional and angel investors, the startup announced in a statement on June 10. Sequoia India and Lightspeed India led the round, with participation from SMDV, Quona Capital,

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propzy

Vietnamese Proptech Startup Propzy Raises US$25M Series A

Propzy will use the latest funds to simplify real estate transactions, manage and expand leasing, and purchase of properties Vietnamese real estate technology startup Propzy has raised US$25 million in a Series A funding round led by Gaw Capital and SoftBank Ventures Asia, the early-stage investment arm of SoftBank Group, according to a statement released

Vietnamese Proptech Startup Propzy Raises US$25M Series A Read More »

Propzy will use the latest funds to simplify real estate transactions, manage and expand leasing, and purchase of properties Vietnamese real estate technology startup Propzy has raised US$25 million in a Series A funding round led by Gaw Capital and SoftBank Ventures Asia, the early-stage investment arm of SoftBank Group, according to a statement released

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SME Fintech Company Wallex Wraps Series A, Investors Include Ant Financial-Backed BAce Capital

Startups like Wallex have been digitizing finance for largely underserved Southeast Asian SMEs Singapore-headquartered B2B fintech startup Wallex Technologies, which focuses on small and medium enterprises (SMEs), has closed its Series A round of funding for an undisclosed amount, the company said in a statement. The funding was led by Ant Financial-backed early stage-investor BAce

SME Fintech Company Wallex Wraps Series A, Investors Include Ant Financial-Backed BAce Capital Read More »

Startups like Wallex have been digitizing finance for largely underserved Southeast Asian SMEs Singapore-headquartered B2B fintech startup Wallex Technologies, which focuses on small and medium enterprises (SMEs), has closed its Series A round of funding for an undisclosed amount, the company said in a statement. The funding was led by Ant Financial-backed early stage-investor BAce

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bitsensing fundraise

South Korean Radar Technology Startup Bitsensing Bags US$5.8M Pre-Series A

Bitsensing will use the latest investment to enhance technology, expand offerings, grow global presence, and strengthen global partnerships Seoul, South Korea-based radar technology startup Bitsensing has raised $5.8 million in a Pre-Series A funding round, led by South Korean VC LB Investment, with Mando Corporation, as a strategic investor. Hansae and SB Partners also participated

South Korean Radar Technology Startup Bitsensing Bags US$5.8M Pre-Series A Read More »

Bitsensing will use the latest investment to enhance technology, expand offerings, grow global presence, and strengthen global partnerships Seoul, South Korea-based radar technology startup Bitsensing has raised $5.8 million in a Pre-Series A funding round, led by South Korean VC LB Investment, with Mando Corporation, as a strategic investor. Hansae and SB Partners also participated

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goplay fundraise

Superapp GoJek’s GoPlay Raises First Independent Round To Boost Indonesian Entertainment

GoPlay wants expand locally sourced content options for creators and viewers Business have been gravitating towards the superapp business model, which involves diversifying into multiple mostly-digital operations that may not be connected. Southeast Asia, in particular, has a robust superapp ecosystem with players such as Grab, Alipay and Meituan Dianping, as well as Gojek in

Superapp GoJek’s GoPlay Raises First Independent Round To Boost Indonesian Entertainment Read More »

GoPlay wants expand locally sourced content options for creators and viewers Business have been gravitating towards the superapp business model, which involves diversifying into multiple mostly-digital operations that may not be connected. Southeast Asia, in particular, has a robust superapp ecosystem with players such as Grab, Alipay and Meituan Dianping, as well as Gojek in

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ubie fundraise

‘Made In Japan’ Entrepreneurs Raise US$18.7M For AI Healthcare Platform Ubie

Tokyo-based healthtech startup Ubie aims to become a ‘search engine for healthcare’ Tokyo-based artificial intelligence (AI) healthtech startup Ubie has raised JPY 2 million (US$18.7 million) in a Series B round of financing, according to a statement released by the company yesterday. The fresh funding was raised from Japanese pharmaceutical distributor Suzuken Co., who has

‘Made In Japan’ Entrepreneurs Raise US$18.7M For AI Healthcare Platform Ubie Read More »

Tokyo-based healthtech startup Ubie aims to become a ‘search engine for healthcare’ Tokyo-based artificial intelligence (AI) healthtech startup Ubie has raised JPY 2 million (US$18.7 million) in a Series B round of financing, according to a statement released by the company yesterday. The fresh funding was raised from Japanese pharmaceutical distributor Suzuken Co., who has

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ChargeSPOT

ChargeSPOT Powers Expansion and IPO Plans With US$38M Series C

ChargeSPOT has shown “encouraging result in terms of the speed of penetrating different markets and amount of funds we have raised”, says Co-Founder and CEO Hong Kong-based power bank sharing service ChargeSPOT will be closing its Series C funding round at US$38 million (HK$300 million) this month, the company announced in a statement on June

ChargeSPOT Powers Expansion and IPO Plans With US$38M Series C Read More »

ChargeSPOT has shown “encouraging result in terms of the speed of penetrating different markets and amount of funds we have raised”, says Co-Founder and CEO Hong Kong-based power bank sharing service ChargeSPOT will be closing its Series C funding round at US$38 million (HK$300 million) this month, the company announced in a statement on June