San Francisco-based SMS marketing startup with a focus on e-commerce, Postscript, raises $65 million. The startup’s service allows businesses to more easily communicate with their audience using messaging sales automation features. Investors in the round include 01 Advisors, Twilio Ventures, Expanding Capital and m]x[v Capital and existing investors at Greylock, Accomplice, Elephant and OpenView, among […]

California-based plastic recycling startup, Novoloop, raises $10 million for its process and centers focused on converting plastic waste. The startup’s Accelerated Thermal Oxidative Decomposition technology allows for converting used plastic waste into materials that can then be reused in different ways or products. “This round brings together mission-driven financial investors and industry strategics who believe […]

Real estate startup, Habi, raises $200 million investment round for its platform and service focused on helping users buy and sell homes.  The Colombian startup aims its service toward customers in lower or middle-tier income brackets, to bring accessibility to the sector. Habi is working toward offering a full range of services including financial information. The […]

Veriff raises a $100 million investment round for its cybersecurity and fraud detection services based in artificial intelligence. The Estonian startup focuses its services on the identity verification sector of fraud detection. The startup also tailors its services based on industry divided into financial services, cryptocurrency and mobility, according to Veriff’s website. “Organizations and consumers […]

Bogota-based UBITS raises a $25 million investment round for its digital learning platform focused on helping equip employees and expand their abilities.  The startup offers an annual subscription program for its courses and training for topics including big data, different programs and software, and digital marketing, among others.  “LatAm has the largest skills gap in […]

Nairobi-based financial services startup, Asilimia, raises a $2 million investment for its platform and app focused on lending services, among others. The startup’s digital service, called Leja, will be focused on providing loans and booking-keeping services for the small and medium business sector, especially those such as merchants. The company’s customer base has grown to […]

Food and waste management startup, TreeDots, raises new Series A investment round worth $11 million.  The startup provides a social e-commerce platform, focusing on providing a digital marketplace for surplus food, such as those which look imperfect, in order to effectively manage food waste. The company also provides digitizing services for food businesses, and services […]

Food delivery and rideshare startup, Yummy Inc., raises new Series A investment round worth $18 million.  The startup’s free mobile app provides multiple different services and offerings. The Venezuela-based startup has a presence in 12 cities throughout the country so far, as well as in Chile and Peru. Yummy also has future plans for South […]

Vancouver-based agritech and farming-focused startup, Semios, raises new private equity investment round worth $100 million.  The startup provides users with a machine learning-based crop management platform that relies on sensors using wireless technology, combined with data services.  According to Semios’ website, the company has installed approximately two million sensors, since its founding in 2010. The […]

Rainforest Life raises new pre-series A investment round worth $20 million for its service in purchasing and growing e-commerce businesses.  The startup was founded in 2020 by Jason Tan, JJ Chai and Per Ola Röst, before officially launching the business in January of 2021. The Singapore-based startup has raised total funding worth $56 million, since […]

Tel Aviv-based digital payments startup, Balance, raises Series A investment round worth $25 million.  “We want to make the online payments experience for businesses as seamless as it is for consumer payments, and we want to do it globally,” Co-founder at Balance, Bar Geron said, as reported by TechCrunch.  The startup was founded by Geron […]

Meat alternative startup, Fable Food Co, raises a new investment round worth $6.5 million AUD for its plant-based food products.  The Sydney-based startup uses shiitake mushrooms as the plant base in its creations which are available in Australia, Singapore and the United Kingdom, so far.  “They are a slow-growing mushroom so they naturally have the […]

Ecommerce marketplace, ManoMano, raises a new investment round worth $355 million for its platform focused on home improvement projects in various areas.  The Paris-based startup provides a marketplace where users can purchase a variety of products for their home including gardening needs, construction materials, tools and equipment, furniture and plumbing, among others. The startup’s platform […]

Jakarta-based healthcare startup, Alodokter, raises a new investment round for its online platform and mobile app services.  The startup provides users with a digital platform with a variety of health tech services, articles of medical information, among other options. Services the startup provides include online booking, virtual appointments, digital pharmacy options, and health insurance options […]

A consumer goods-focused e-commerce startup, Little Birdie, raises $30 million AUD in a new investment round.  The startup has plans to launch its digital retail platform which pulls product listings from a variety of different websites, companies, and retailers, to provide a one-stop solution for customers. Users can use the platform to find products, as […]

Berkeley-based communication startup, Blind, raises a new investment round worth $37 million for its professional networking-focused platform and services.  The startup’s mobile app provides a digital platform for users to have discussions, and communicate anonymously on a variety of topics surrounding careers and individual workplaces. The mobile platform allows for general conversation, as well as […]

Food and restaurant-focused startup, Hangry, raises new Series A investment round worth $13 million.  The Jakarta-based startup provides a cloud or ghost kitchen service where food is prepared in the company’s kitchens and delivered to customers. Hangry offers its own four sections or brands that its food offerings are divided into called Moon Chicken, San […]

Rental property and real estate startup, Knox Financial, raises $10 million in a new investment round for its digital platform. The startup provides users a resource to more easily turn a home into a rental property via its platform called “Frictionless Ownership.” The startup provides landlords with a variety of services including actual work on […]

São Paulo-based fintech startup, FinanZero, raises a new investment round worth $7 million for its digital lending-focused platform.   The startup provides a platform where users can apply for various loans without a credit score, from a list of financial services companies. FinanZero’s platform processes the applications and provides quick answers online.  Investors in the round […]

Direct-to-consumer e-commerce startup, Nuvemshop, raises $90 million in a new investment round.  The startup’s digital retail platform provides an opportunity for smaller and medium-sized businesses to sell products directly to customers or new shoppers. In addition to small businesses, third-party companies are also able to sell products on the company’s website.  “With us, businesses can […]

Zurich-based food processing startup, Planted Foods, raises new investment round worth $18 million.  The startup develops meat alternative products made out of different plant proteins and fibers, such as from peas. The alternative products resemble the meat they are imitating in taste and texture. Planted Foods also mold the products to resemble traditional meat or […]

New York-based health tech startup focused on childcare products, Nanit, raises $25 million investment round.  The company offers different tech products for parents including two baby camera models and two options for smart monitoring systems with the cameras. The startup also provides a mobile app that parents can use to monitor different aspects of a […]

Sydney-based graphic design startup, DesignCrowd, raises a new investment round worth $10 million AUD.  The startup provides a digital service where customers seeking design can be connected with designers to fill their needs. Design elements available on the website can be used for categories including logo design, website design, apps, retail items such as clothing, […]

A digital media and marketing startup, PressLogic, has raised a new investment round worth $10 million. The startup, which was founded in 2016, is known for services including advertising, MediaLens and GirlStyle. MediaLens is an analytics software created by the Hong Kong-based company. An aspect of the new investment will be used for the launch […]

San Francisco-based real-estate startup, Opendoor, raises new investment round worth $400 million for its online platform. The company provides a service via which customers looking to sell their homes can upload images and information to the platform, after which the company’s algorithms will be used to determine the homes value. The startup then offers the […]

The formerly Athens-based startup, Softomotive, has raised a new investment round worth $25 million for its software focused on automation functions for companies. Softomotive provides a robotic process automation service which learns to perform different tasks and features as needed by the company so as to provide a more efficient business, VentureBeat reported. “With this […]

A financial services startup, Stripe, has raised a new Series E investment round worth $245 million. The company provides an online platform for its customers which provides a variety of banking-related services including debit and credit cards as well as other billing options. Stripe has also developed partnerships with other similar companies including Alipay and […]

An online platform provider with a focus on travel needs for its user-base, Shohoz, has raised a new pre-Series B investment round. The startup provides various services via its platform, including ticketing services and ride-share needs. The Bangladeshi platform is available via website or mobile app. “When we started Shohoz in 2014, our vision was […]

A logistics startup with a focus on shipping, Freightos, has raised a new investment round worth $44.4 million for its services and platform. The Singapore Exchange led the venture capital round which will be used by the startup to further improve its offerings, specifically focused in areas of transparency and the timeliness of information given […]

A travel-focused startup based in Jakarta, Member.id, raises new investment round to further develop services and products, according to a company statement. “We are currently building a consumer facing product which can be used not only for point management but also point conversion across rewards programs,” Marianne Rumantir, CEO and Co-Founder of Member.id said, as […]

A financial services startup focused on lending services, Helicap, has raised new investment round worth $5 million. The startup was co-founded sometime earlier this year and provides an online platform which provides SMEs with an alternative credit and lending option. “Southeast Asia is among one of the world’s fastest-growing economic regions and has been primarily […]

A financial services startup based in technology, OneDegree, has raised a new investment round worth HK$100 million, which is around $13 million. The startup provides an online insurance providing platform which offers solutions and services in various areas, from general insurance to health insurance. “We’re taking on a tall task by modernizing an industry with […]

Jakarta-based online media startup, Kumparan, has raised a new investment from Go-Jek, a transportation-focused company which is also based in Indonesia. According to Go-Jek, the investment was made via Go-Ventures, the company’s venture capital branch. “There will be a series of strategic collaborations that we are exploring with Kumparan in supporting Indonesia’s technological developments,” Nila […]

Beijing-based delivery startup, Miss Fresh E-Commerce, has raised a new Series D investment round worth $450 million. Miss Fresh E-Commerce was founded by Bin Zeng and Xu Zheng in 2014 and provides users with an online platform through which they can order grocery items to be delivered directly to them. Funds from the new $450 […]

A data analytics startup with a focus on the sports and sports videos sector, Bepro11, has raised a $9.15 million round for its sports analysis services. The startup provides a service that includes camera recordings of both training and matches, which is then analyzed and categorized to provide knowledge for users. The service, which is […]

A ride-share and transportation startup, Grab, has raised a new Series H round worth $1 billion. This new investment brings the value of the company to around $11 bn, as reported by Financial Express. The startup will use part of the funding to expand the services and capabilities provided by their platform. Toyota Motor Corp., […]

California-based Lime, a transportation startup with a focus on two-wheelers, has raised a new funding round worth $335 million. Founded in June 2017, Lime provides a ride-share platform with electric scooters and bikes. Funds from the venture capital investment round will be used to expand the company’s international presence, as reported by VentureBeat. Investors in […]

Shanghai-based I-Mab Biopharma, has raised a new funding round worth $220 million for further research and medical developments. The biotech startup was founded when Third Venture Biopharma and Tasgen Bio, two separate companies, merged in 2017 to form I-Mab Biopharma. The Chinese company concentrates in research and development efforts on biology and illnesses. The startup […]

Creator of the Concept One, electric vehicle startup, Rimac Automobili, has received an investment from German automotive giant, Porsche AG. Rimac Automobili, which was founded by Mate Rimac, focuses on manufacturing parts for electric vehicles with a focus on hypercars and more powerful batteries. “By developing the purely electric two-seaters super sports cars, like the […]

SafetyCulture, a startup which focuses on software and mobile app development, raised $45.46 million to increase its presence around the world, among other purposes. “This funding means we can continue to build great products, better serve more customers and have a bigger impact on safety and quality for workers all around the world,” Luke Anear, […]

Singapore-based Grab, a transportation startup, has partnered with financial services and banking company, Malayan Banking Bhd, also called Maybank. “We are continuously looking to introduce products and services which offer better value by leveraging on cutting-edge technology and a deep understanding of our customers’ needs,” Maybank CEO Abdul Farid Alias said about the collaboration, as […]

An accelerator programme with a focus on technology-based startups, muru-D, has 10 startups graduate from its third batch of the programme. The Singapore-based programme looks at and works with startups throughout Asia and has programmes located in Sydney, Melbourne, Singapore, Brisbane, and Perth. It’s been so exciting to see the growth of the 10 companies […]

An analytics startup, ThoughtSpot, has raised new funding worth $145 million for its online platform which is based in artificial intelligence. A main search-focused service provided by the startup, SpotIQ, uses analytics to assist in answering questions for companies to assist in aspects of the business such as marketing, customer base and other similar needs. […]

UBTECH, the startup that developed and launched the Stormtrooper robot, has raised a fresh round of funding for its products based in robotics. Funds from the $820 million round will be put toward global expansion, products and team growth among other aspects of the company, as reported by TechCrunch. The startup, which was founded by […]

Pathao, a transportation-based startup which provides customers with various services has closed a new round of funding. Services provided by the Dhaka-based company which originally began as a delivery partner company, include a ride-hailing service for motorbikes, food-delivery and a ride-share service. According to a company statement, investors in this recent round of funding include […]

San Francisco-based Zesty, a catering and food-based startup has been purchased by Square in a recent deal. Since its founding in 2013 by Chris Hollindale and David Langer, Zesty has collaborated with approximately 150 restaurants throughout San Francisco. Square Inc, which is also based in San Francisco is a fintech company which provides users with […]

A startup with a focus on big data and analysis, Sensors Data, raises $44 million for its PaaS platform which helps companies work with and analyse data. Sensor Analytics is the primary offering by the Chinese company. The product helps companies collect, analyse and advance with the data available to them. Founded by Wenfeng Sang, […]

Kristal.AI, an Artificial Intelligence powered digital asset management platform, has reportedly raised seed funding of $1.85 million (approximately Rs 12 crore). The funding round was led by IDG Ventures India and saw participation from well-known angel investors including Shailesh Rao, Senior Advisor-TPG McKinsey, and Amit Gupta, Founding Partner of Newquest Capital. The startup was founded […]

Aiming to help users feel calmer, more mindful and confident, Shine, a wellness messaging startup has received an investment worth $5 million. According to a statement by the company, Shine plans to focus on product development and job growth in order to add members to their team. With a presence in 189 countries since its […]

A Human Resources (HR) providing startup, Employment Hero, has raised fresh funding of $6.2 million which the Australian startup will put toward local expansion. The startup provides business with a cloud-based platform called the Employment Management Platform, which can serve a variety of functions that a company’s HR department would typically handle and can also […]

In a move to making it a highly funded Asian startup based in healthcare technology, DocDoc has raised a new funding round worth $5.45 million. The Singapore-based startup provides users with a platform allowing them to reach medical professionals to best fit their lifestyles. The startup works with over 23,000 doctors. “DocDoc leverages the latest […]

Agri-tech startup, AgShift has reportedly raised $2 million in a seed funding round led by Exfinity Ventures. “We have proven our core technology working with great partners. Now, with new capital, we will work towards strengthening our development team and maturing the product for specific enterprise and use cases as we continue to establish AgShift […]

An art-focused startup looking to build a mobile community of collectors and galleries, Artland, has raised $1 million for company growth. Founded in 2016, the startup looking to brings artists, galleries and buyers together, charges galleries a fee for a subscription on its mobile app which is used for purchasing art from the galleries as […]

A biotechnology-based startup based in Taichung City, working to create pesticides without environmental and other damaging impacts, has raised $3 million. Founded by students in 2012, Taiwan Shennon Social Enterprise Co (TSSE), aims to create a product without the negative impacts of chemical pesticides. The company’s main offered product can detect density of pests in […]

Pony.ai, a self-driving focused automotive startup, has launched its ride-hailing operations publicly in Nansha, Guangzhou in China. Based in Fremont, California, Nansha District of Guangzhou is the location of the company’s Chinese headquarters. Three months prior to releasing the service to the public, Pony.ai ran a test run from the Nansha municipal government building to […]

Seattle-based Unium, which works with WiFi technology, has been purchased by major Finnish communications company, Nokia. Previously called OpenRoute and then CocoCommunication, Unium began working with its technology for the Department of Defence. The startup works on a form of WiFi technology called mesh networking technology, which allows for more seamless expansion of network as […]

Berlin-based fintech startup, Raisin, has launched a UK website for its savings deposit platform which allows users to access interest rates for savings deposit accounts across Europe. The startup was initially set up to work with the banking regulation throughout the EU, allowing consumers to compare rates throughout the continent in order to make the […]

Cloud file storage company, Dropbox, has reportedly filed paperwork to raise $500 million in an initial public offering. Prior to this, the company had been privately valued at $10 billion. Dropbox is part of a broader group popularly known as “unicorns”, a term used to refer to startups which are valued at more than $1 […]

With plans for company growth, real estate startup ShweProperty has raised an unspecified dollar amount of funding. The funds span seven digits. The Myanmar-based startup uses its portal to help buyers and renters connect with sellers and vice-versa. The company is led by CEO Justin Sway who founded Kaung Thu Win. In the leadership role […]

San Francisco based grocery delivery startup, Instacart, has raised a $200 million fund round led by Coatue Management. The company provides its customer base with a mobile app which can be used to order groceries directly to users’ homes. The startup works with approximately 200 retailers such as Costco Wholesale Corp and Target Corp. Instacart […]

Uber is reportedly preparing to sell its Southeast Asia business to Singapore-based Grab for a stake in the company, as per sources familiar with the matter. However, no such deal has been reached yet and the timing of any such deal still remains uncertain. Grab renders private car, motorbike, taxi and carpooling services in over […]

Intellegens, a startup that has been incorporated with the University of Cambridge, has formed its first partnership for the use of the startup’s technology. The new artificial intelligence technology, Alchemite, employs machine learning to provide a new way of analysing matrices and databases for companies. “Alchemite is the first in a series of application specific […]

Jordan-based mobile game startup, Tamatem, has received funds worth $2.5 million in its Series A round. Founded in 2013, the company localises video games, specifically marketing to countries with a large Arabic speaking population, a market which does not receive much attention. Less than one percent of gaming apps are available in Arabic, Tamatem’s Co-founder […]

Microsoft announced that it has acquired the gaming startup, PlayFab, which provides cloud-based tools for game developers. The terms of the deal are yet to be disclosed. The deal is intended to strengthen Microsoft’s position against its main competitor, Amazon Web Services, which introduced a set of tools for game developers around two years ago. […]

Chinese electric car-maker, Xiaopeng Motors, announced that it raised 2.2 billion yuan (approximately $347.74 million) in a funding round led by Chinese e-commerce giant Alibaba Group Holdings Ltd and Foxconn Technology Co Ltd. The round also saw participation from other prominent investors including IDG Capital, GGV Capital, Morningside Venture Capital, and Matrix Partners, stated Alibaba […]

Floyd, a furniture making startup hoping to improve the entire experience surrounding the purchase of new furniture, has raised its Series A funding round. Founded in 2013 by Kyle Hoff and Alex O’Dell, Lloyd has a presence in 50 countries, according to the company’s website. “It doesn’t matter where you are in the world, the […]

A California-based construction startup, Katerra, which simplifies the construction process for a variety of projects, has raised $856 million in its latest round. The company works to simplify the experience by giving users one place to find answers to their needs in the different aspects of a construction project including architectural design, construction, obtaining of […]

The American automaker Ford Motor Co announced on Thursday its acquisition of Autonomic Technologies Inc and TransLoc Inc for undisclosed sums. The acquisition is a part of Ford’s broader agenda to expand into the ride services and transport businesses. As per a statement released by Ford, Sunny Madra CEO of Autonomic Technologies Inc will join […]

A digital life insurance startup, Anorak Technologies, has raised seed funding with the purpose of creating partnerships to grow its online platform. The company has turned the process of obtaining life insurance, from finding and comparing policies to helping clients understand them and signing them up, into an online experience using data science and machine […]

A self-proclaimed leader in its particular market in Belgium, ViviDoctor has raised seed funding. The round raised funds of €400,000 for the health-tech startup. The startup, which partners with hospitals in addition to going directly to the consumer-base, provides users with the ability to consult with doctors and specialists online using teleconsultations. “We charge hospitals […]

Parcel Perform, an e-commerce logistic startup with a focus on software-as-a-service (SaaS), has closed its seed fund round, according to the company’s blog. The Singapore-based company, founded in 2015 by Dana von der Heide and Arne Jeroschewski, provides retailers with a platform they can use to improve customer experiences. The platform caters to both retailers […]

Robotics and artificial startup, Rokid, based in Hangzhou, China, has raised a Series B extension round. The company develops smart devices such as smart speakers and a voice-assistant based in artificial intelligence which is comparable to products such as Alexa by Amazon and Siri by Apple. The latest round of funding which was led by […]

An automotive startup based in Nanjing, Byton, which has developed an electric SUV, is aiming to raise fresh funding. The Chinese startup is aiming to raise financing worth $400 million and has been exploring possible investors without any official talks or plans, according to an anonymous source, Deal Street Asia reported. The electric car startup […]

Off Grid Electric, a San Francisco based startup that develops rooftop solar and battery systems in Africa, announced that it has raised $55 million in funding. According to a statement released by the startup, the Series D funding round was led by Helios Investment Partners and other investors included GE Ventures, which is the venture […]

A group of investors led by Softbank Group Corp concluded a deal with Uber Technologies Inc on Thursday. The deal has made Softbank the largest shareholder in the ride hailing giant while simultaneously giving the company a much needed boost. The agreement includes a large purchase of shares by existing investors and employees of Uber. […]

Uber Technologies announced its partnership with top Singaporean taxi operator, ComfortDelGro Corp Ltd to launch a new ride hailing service in the city-state. The two companies have joined forces to face their main regional rival in the market, Grab. UberFLASH is the first collaboration between the two firms, since an announcement was made last December […]

Moving further toward environmental conservation, Pragma industries has developed and manufactured a hydrogen-powered bicycle. The startup’s ‘Alpha bike’ looks like any other bicycle but runs off a two-litre tank of hydrogen which can be refilled within a few minutes. The company produced 100 hydrogen-powered bicycles last year, which can run for around 100 km. “Many […]

An on-demand delivery startup based in Malaysia, has raised a Pre-Series A round of $1.01 million. Founded in 2016, Zoom, is a delivery focused company which provides startups and small businesses with a platform to assist them in last-mile delivery. The platform is available via web or a mobile app. “Zoom was created to help […]

Auto1 Group, an automotive startup based in Berlin, has received an investment of 460 million euros from SoftBank Group. The startup which was founded in 2012, has developed a platform which uses analytics and logistics to connect users selling cars with those buying cars, thus simplifying the process. “We are delighted to welcome SoftBank Vision […]

A UK-based electronic startup, Redux, has been purchased by Alphabet Inc. Alphabet Inc. is the parent company of Google among other subsidiaries. Redux has developed a technology which can create speakers where displays and touch panels on devices such as smartphones are. In March 2017, the startup located in Cambridge, raised $5 million. According to […]

Grocery chain, Kroger, is reportedly in talks to acquire the wholesale startup, Boxed.com. According to sources familiar with the matter, the potential deal comes as the trend of people placing food orders online continues to grow and the competition with Amazon.com heats up. The prospective deal, which arose as Boxed searched for funding, is likely […]

Sydney-based graphic design startup, Canva, has received an investment pushing them into “unicorn” status in Australia. A unicorn is a startup worth $1 billion or more, which the Australian startup was able to reach with their latest $40 million investment. “It’d be crazy not to take it,” Melanie Perkins, Co-founder of Canva said to Bloomberg. […]

Citta.ais, an artificial intelligence startup in the healthcare sector is working toward raising finances for further development and global expansion. The Indian-Australian company is developing monitoring solutions focused on healthcare monitoring for patients. “We would like to empower millions of people with their own AI-based cardiologist on their hands available all the time,” Deep Singhania, […]

CitieSocial, an e-commerce startup which aids companies in entering markets in Asia, has raised investments of $2.75 million. Since its founding in 2011, the Taiwanese startup with a presence in Taiwan and Hong Kong has assisted in companies entering Asian markets through a range of services including the use of social media and social media […]

An online platform which allows users to live-stream mobile games has received an investment from Google, according to a combined statement by both companies. The Chinese startup, Chushou, has given gamers live-streaming capabilities for online e-sports gaming since its founding in 2015. “Chushou has built an impressive platform, with a dedicated and quickly growing base […]

MState, a startup accelerator with a focus on companies developing blockchain technologies, is receiving backing from International Business Machines Corp (IBM) and Comcast Corp. Blockchain is a digital platform which companies can use to streamline data management such as record keeping and assisting with transactions. It is a technology used by companies of many different […]

Israeli bio-tech startup SuperMeat announced that it has raised $3 million in a seed funding round. The startup was founded in Tel Aviv in 2015 and is one of the growing number of lab-made meat startups, which are seeking to capitalize on the sustainable food sector. The company’s “clean meat” as it called is created […]

After an unsteady year regarding losses and corporate management, Uber has sold a 15 per cent stake to SoftBank. The deal, with an anticipated close in January, would give Uber $1.25 billion investment from the Japanese company. The investment comes from SoftBank’s Vision Fund. An earlier tender offer by SoftBank offered the ride-share company $33 […]

The US-based ride hailing company, Uber, is selling its US auto-leasing business, Xchange Leasing to a car marketplace startup, Fair.com. The news was first reported by the Wall street Journal, while citing sources familiar with the sale. Fair.com is a startup that offers customers open-ended leases for “pre-owned” cars through car dealers. The startup was […]

MIT Enterprise Forum Saudi Arabia’s annual startup competition has attracted 2536 applications for 2018, thereby showing a growth of 14 per cent in comparison to last year’s numbers. The MITEF Saudi Start up Competition was started in 2015, with the aim to promote and enrich entrepreneurship in the Kingdom as well as celebrating and supporting […]

Chinese smartphone maker, Xiaomi Inc has reportedly told bankers that it will blow past its annual revenue targets by as much as 18 per cent, sources familiar to the matter have stated. This comes after the company has faced sluggish sales in recent years which lead to a business overhaul. Xiaomi, which has recently been […]

Sequoia Capital is reportedly in early discussions to raise a $5 billion venture fund. People close on the matter have said that the fund, which is likely to be twice the size of the previous fund, will be to defend the Silicon Valley firm against foreign investors as well as enabling their startups to remain […]

The winner of The Mahindra Group’s ‘Avatar Hunt’ competition received €2,00,000 investment from the Indian company. Anand Mahindra, Chairman of the Mahindra Group said Finland is an important aspect in the company’s overall plan for global expansion. The Finnish health tech startup, Medixine provides a cloud-based software solution to help connect patients with their healthcare […]

The Chinese ride hailing firm, Didi Chuxing, has successfully raised $4 billion in a recent round of funding for a wide range of enterprises including worldwide expansion and new business initiatives. The firm, which is seen as China’s rival to Uber, stated that a number of Chinese and International institutions participated in the latest fundraising […]

SoftBank has become the latest in a series of well-known backers investing in a New York based insurance startup, Lemonade, by investing a whopping $120 million. This was the second round of funding held by Lemonade. Other companies that have invested include Allianz, Sequoia Capital and Google Ventures. The startup had raised $60 million prior […]

Chinese bank, CICC, has recently joined major oil companies like Saudi Aramco, Royal Dutch Shell and Chevron in backing a South California based startup Maana, which is developing a machine learning technology specifically focused for the oil and gas sector. The company uses artificial intelligence to help oil and gas companies consolidate and analyse data. […]

The ES8, an electric sports utility vehicle has been released into the market by NIO, an electric
car company in China, Financial Express reported.

With a goal of landing a spacecraft on the Moon by 2020, Ispace Inc., has raised $90 million to send one into lunar orbit by 2019. The Tokyo-based company is looking to connect human beings to space through a project where they will use exploration to provides corporation with advertising opportunities with logo displays on […]

Having their first released virtual reality experience accumulate over 26 million views, Curiscope has released their second project with an equally aquatic themed interactive game, Business Insider reported. The 10-person virtual reality startup, based out of Brighton, has partnered with HTC Vive studios to create the game, with a similar base concept to their first […]

During a time when China-based investors are looking at Philippines-based startups, provider of healthcare solutions, Fullerton Health, plans to purchase a stake in Intellicare Group, Deal Street Asia reported. Asalus, Avega and Aventus are three companies under the Intellicare Group, the first of which focuses on delivery of healthcare services and maintenance, the second which […]

Self-marketed as a Netflix-like platform for job hunting, WorkVenture has received the largest investment by a Thai startup in a Series A round this year. The new investor to the company provided funding of $3.6 million to the job search company. Using artificial intelligence, the website matches users with potential employers using algorithms to provide […]

Shazam, a company which launched a mobile app for recognizing music for users, may be purchased by Apple, Business Insider reported based on an informed source. The deal, worth $400 million would give the American tech company the ability to employ the London-based startup’s technology in their products. Later investors in the company have a […]

An Israeli digital healthcare startup has received a $1 million investment from Lenskart, as mentioned by the eye wear company. Lenskart, with its national presence in 95 cities throughout India, plans on working with the company to develop, test and bring the product into the Indian market. The startup, 6over6 has developed technology which allows […]

In its newest and biggest investment under a New York state voucher programme, Verizon Communication Inc., plans to move towards more environmentally efficient vehicle use, Verizon said to Boston Business Journal. The voucher programme was put in place with the intention of reducing greenhouse gases. The company has collaborated with Boston-based startup, XL Hybrids Inc., […]

DoorDash, a food delivery startup could become the next recipient of an investment from Softbank’s “Vision Fund” of $98 billion. Sources who are aware of the possible deal told Recode that while the deal was not yet secured, if passed through would provide DoorDash with a $300 million investment. A possible barrier for the investment […]

SoftBank Group, a Japanese telecommunication corporation, has made a $450 million investment in a real-estate startup. New York-based startup, Compass has raised $775 million since its founding in 2012. The company uses market analytics to more efficiently sell real-estate based on market trends. It also provides an app for users and caters to both renters […]

A Boston-based farming technology startup hoping to have an impact on the agricultural industry, Indigo, has raised $203 million in its recent round of funding. The lead investment in the round came from the Investment Corporation of Dubai with $47 million, an investment which is one of the largest of its kind received by a […]

By combining coffee oil produced from used coffee grounds with other oils and fats to make a mixture called B20, Bio-bean, has created a biodiesel when combined with diesel which can be used as fuel for vehicles. The British-based startup has partnered with Shell to produce the biofuel, as reported by USA Today. According to […]

Through the use of keratin and rhino DNA, Pembient, a Seattle-based company is hoping to change the demand for rhino horns by introducing 3D replicas, with a larger goal of solving the problem of poaching of endangered animals. The keratin and DNA is used through an engineering process to create an ink which can be […]

In recent years, the food service industry has seen the introduction of a new idea, robots built for kitchen-based tasks, which could impact the service industry. The robots would help companies be cost-efficient and more productive, with the idea already having popularity in Asian countries such as China. As reported by Wired, here are six […]

If approved by authories, “taxi-drones” could be an operational entity in Dubai in 2018, thanks to EHang Inc., a Chinese startup, Arabian Business reported. Passengers of the taxi-type system which flies, can select a flight path that has already been programmed and the E-184 drone will take them to their destination. According to the company, […]

FreeForm, a startup founded by lawyer, Sonya Passi works to help women who are domestic violence survivors become financially secure to improve their livelihood and make their goals a reality. A quarter of women in the United States are subject to violence from their partner, with 98 percent of survivors also living without their own […]

With Indonesia being declared the second largest pollutant of plastic materials in water, and losing their beaches, well-known for their beauty, to pollution, one Indonesian startup has found a material to combat the use of plastic, seaweed. Evoware, co-founded by David Christian, uses chemical-free seaweed to make hand-made containers that would normally be made of […]

The newest solution thought up and brought forward for fighting the Zika virus, comes from WeRobotics, a startup founded by Adam Klaptocz and involves drones. “The main goal is vector control to eliminate infectious disease,” Klaptocz said to Digital Trends. “Suppressing mosquito population can be done with fumigation or insecticide, but both these techniques are […]

Three startups have won investments from Alibaba Group Holding Ltd., owned by Jack Ma through Jumpstarter, a competition for startups presenting new innovations and products. The funding won comes from a fund set up by Ma for entrepreneurs, Bloomberg Technology reported. The three startups won out of 600 pitches, from a variety of categories, that […]