News before Jan 04, 2021

Korean biotech startup E Green Global (EGG) raises $9.2M to scale seed potato production

E Green Global (EGG) was co-founded in 2009 after having found a way to quickly produce virus-free seed potatoes after many years of R&D.

Carl AdrianJan 04, 2021

Investors left in the lurch as investment platform CoAssets runs into trouble

THE Monetary Authority of Singapore (MAS) will review and take necessary action if CoAssets' licensed subsidiary - now known as CA Funding - has breached regulations. Read more at The Business Times.

BUSINESSTIMES.COM.SGJan 03, 2021

Flash is dead; Adobe officially ends support for the infamous browser plug-in

Adobe will also be blocking content from running on Flash players starting January 12th.

Rajitha ReddyJan 03, 2021

Startup funding in India fell by 34% due to the pandemic; lowest since 2016

A large part of India's startup funding was affected by the pandemic and tensions with China.

Alfred LeeDec 30, 2020

AI chipmaker Graphcore raises $222M at a $2.77B valuation and puts an IPO in its sights – TechCrunch

Applications based on artificial intelligence — whether they are systems running autonomous services, platforms being used in drug development or to predict the spread of a virus, traffic management for 5G networks, or something else altogether — require an unprecedented amount of computing power to run. And today, one of the big names in the […]

TECHCRUNCH.COMDec 29, 2020

Self-driving robotaxis are taking off in China

The world has been inching toward fully autonomous cars for years. In China, one company just got even closer to making it a reality.

EDITION.CNN.COMDec 28, 2020

Indonesia's Cakap is helping people learn languages online; raises $3 million in funding

Cakap aims to make education accessible to people across Indonesia

Alfred LeeDec 25, 2020

Master the Mainframe is helping students gain experience in a fun and rewarding manner

Master the Mainframe is a virtual coding competition for students aged 13 years and above.

Rajitha ReddyDec 25, 2020

Tencent, Jeneration Capital Leads RMB2 Billion Round In Medbanks

Tencent, Jeneration Capital Leads RMB2 Billion Round In Medbanks – China Money Network - China Money Network

CHINAMONEYNETWORK.COMDec 24, 2020

Cakap bags US$3M in Series A+ funding to expand its language learning platform in Indonesia | e27

Cakap claims its student numbers have grown 10X since the beginning of the year and 30X compared to the same period last year

E27.CODec 24, 2020

China’s e-commerce titan Alibaba hit with antitrust probe – TechCrunch

China’s top market watchdog has begun a probe into Alibaba over alleged anti-competition practices at the e-commerce firm, the latest of Beijing’s efforts to curb the country’s ever-expanding internet titans. The State Administration for Market Regulation said Thursday in a brief statement that it is investigating Alibaba over its “choosing one from two” policy, in […]

TECHCRUNCH.COMDec 24, 2020

SE Asian travel app Traveloka weighs public listing including SPAC option

Jakarta-based Traveloka is among a handful of Southeast Asian companies that are targets of SPACs, bankers said.

DEALSTREETASIA.COMDec 24, 2020

India: Pine Labs' valuation tops $2b after Lone Pine investment

Lone Pine’s investment follows the strategic investment made by Mastercard in January 2020, when Pine Labs attained unicorn status.

DEALSTREETASIA.COMDec 24, 2020

China's MicuRx Pharma secures $107m in Series E round

China Merchants Securities, Korea Investment Partners, Yingke PE, Founder H Fund, Zhongtai Ventures, and Detong Capital joined the round. 

DEALSTREETASIA.COMDec 24, 2020

Internet Firms Including Alibaba And Tencent Remove Bank Deposit Products

Internet Firms Including Alibaba And Tencent Remove Bank Deposit Products – China Money Network - China Money Network

CHINAMONEYNETWORK.COMDec 24, 2020

Spaces Exchange 106 co-working space to launch at Malaysia's tallest building

Spaces Exchange 106 is located at a 106 storey newly built skyscraper called The Exchange 106.

Alfred LeeDec 22, 2020

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