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Global VC, SOSV secures $277 million in its fourth fund — looks to invest in early-stage deep tech startups
It will continue to invest in 150 new startups every year.
India's HappyEasyGo secured $49.3 million funding — expanding its travel platform
It will extend its ticket-booking service to hotel booking.
Most business cards are thrown away. Avoid that with this useful tool for better networking.
Create special QR codes that save contacts automatically to phones when scanned.
ScaleUp Malaysia Accelerator to invest RM200,000 into 10 of these 20 shortlisted companies.
These companies will enter the first cohort of their accelerator program.
Malaysia’s Carsome closed a $50 million funding round— set to expand its market reach in Southeast Asia
It aims to be the Visa of auto transaction with its used-car sales platform.
Vietnam’s wealthiest man to sell cars to the US — putting his own $2 billion cash on the line
He aims to export electric vehicles to the US by 2021 with the six-month-old auto startup; Vinfast.
Sequoia set to invest $2.4 billion into startup growth in China — despite the ongoing US - China tech war
Today more venture firms are moving towards India and Southeast Asia instead of China.
India is boosting its electric vehicles (EV) industry to convert 200 million vehicles electric by 2026
It’s high time for EV startups and investors to look to India as the government is providing full-on support.
Starbucks sees slow growth in China despite opening a new cafe every 15 hours
Its sales struggle to keep up with its rapid expansion in China.
MVLLABS secured $5 million in Series A funding round — looks to grow its mobility ecosystem
Its ride-hailing service TADA is the first blockchain-based in the world.
Singapore’s FinAccel closed $90 million in Series C funding round — to expand its credit lending platform in Southeast Asia
Its credit lending app Kredivo is growing 300% each year.
#AsiaRocks Conference connects ecosystem builders across Asia — providing market expansion opportunities for startups
Taiwan Startup Stadium (TSS) held the one-day event to integrate Asia’s startups with APAC resources.
Singapore’s Zenyum closed $13.6 million funding — set to expand both its market reach and product line
Its substantial growth this year attracted investors all over Asia.
SG Bike acquired Mobike’s fleet in Singapore for $1.9 million — users can ride for free
It sets to become the largest bike-sharing operator in Singapore
Singapore-based digital payments company 2C2P raises $52 million.
2C2P looks to strengthen its position in SouthEast Asia.
Singapore’s BCB Blockchain to fund $300,000 for startups in Philippine
The blockchain firm partners with Philippine’s government to boost the country’s startup ecosystem.
Singapore’s AI-powered firm raised $9 million from its Series A round
It will use the fund to develop and improve its data technology on human insights.
Hong Kong’s Volt14 bagged $955k from 500 Startups — to innovate on a longer lasting battery material
It aims to launch industrial-scale production trials by next month.
Indonesia’s HarukaEDU closed its Series C funding round — expanding its education service into B2B transaction
SIG, an Ameriacan global trading form led the funding round.
Malaysia’s NEXEA invests $60,160 into five local early-stage startups
NEXEA chose the top five startups from NEXEA Startup Accelerator and Startup-Corporate Pilot programs.
Pop Up Asia is quickly becoming one of Taiwan's largest lifestyle trade-shows.
Bringing together international travellers and lifestyle product enthusiasts from all over the world.
Oyo to invest $300m for US expansion; Tokopedia acquires Bridestory & Parentstory
Wallace Ho20 Jun, 2019
1. China approves first Sci-Tech ETF, Huabao WP Fund Management's CSI Technology Top ETF
2. Beijing Daxing International mega-airport to use Xsight Systems AI runway protection system
3. Alibaba to Build Digital Trading Platform for China's Commodities Capital Yiwu
4. Xiaomi Eyes $725 Million Expansion to Stave Off Huawei in China
5. Kuaishou 快手 aims for 300 million users before Spring Festival of 2020 in effort to revitalize ranks
BEAM helps businesses to create publicity in the business & investors crowd
6. Apple mulls moving 15%-30% of output from China to Southeast Asia
7. Hospitality company Oyo to invest $300m for US expansion
8. WeWork rival Indonesia's EV Hive rebrands to CoHive and raises $13.5M, expanding into co-living and new retail
9. IBM to win unconditional EU okay for $34 billion deal with Linux OS provider Red Hat
10. U.S. video streaming app YouNow files cryptocurrency offering with SEC
11. Tokopedia acquires local wedding services Indonesian firms Bridestory, child activities marketplace Parentstory
This article is contributed by partners Chinaccelerator & BEAM