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Engineering firm Sandvik acquires majority stake in China-based Suzhou Ahno
The company will be reported within the business area segment Sandvik Machining Solutions.
NVCA updates industry standard model legal documents to empower venture community
NVCA has announced significant updates to five of its premier model legal documents.
SUNeVision launches first startup programme to advance innovations in Hong Kong
SUNeVision has announced the launch of its first startup programme.
ZENCE OBJECT secures $2.5m to commercialise sustainable materials from tea residuals
ZENCE OBJECT has secured $2.5m from the AEF Greater Bay Area Fund (AEF GBA).
OKX Ventures invests $1m funding round in Hong Kong-based AI and Web3 startup Moonbox
OKX Ventures has announced a $1m investment in Moonbox.
Lawyer.com launches Million Dollar AI Challenge to expand legal access
Lawyer.com is ramping up a worldwide search to discover the next groundbreaking innovation in Legal AI.
Proptech startup NineSmart launches contactless booking solution
With the rising demand for property technology (PropTech), NineSmart is committed to becoming a prominent solution provider in the market with advanced IoT technology.
Chinese electric truck startup DeepWay raises $117m Series A+ round to accelerate mass production of smart electric heavy-duty truck
DeepWay, a smart commercial vehicle developer and manufacturer, announced it had raised $117 million Series A+ financing.
Chinese Venture Capital firm CCV signs UNPRI, makes commitment to responsible, sustainable living
The United Nations-supported Principles for Responsible Investment (UNPRI) has admitted CCV, an Asian-based early-stage VC firm as a signatory, making CCV one of the first Asian investment-focused signatories.
Hong Kong insurtech startup Bowtie appoints James Lau as Independent Non-Executive Director
Bowtie, Hong Kong’s first virtual insurer, announced the appointment of James Lau to its Board of Directors as an Independent Non-Executive Director.
Hong Kong insurtech startup Bowtie revolutionalizes traditional insurance industry with technology
In today’s digital age, many industries have begun to introduce emerging technologies to develop innovative services. The transformation and upgrading of the insurance industry is also in full swing.
Kenyan government drops fraud charges against Nigerian fintech Flutterwave
The Kenyan government has dropped charges of financial impropriety against Flutterwave, according to a new report by Bloomberg.
[Column] Xiao Feng: The 10 principles of Web3
What is Web3? Web3 is essentially the other side of the coin in relation to blockchain technology. When we talk about blockchain, we are also talking about Web3 to a considerable extent, and vice versa.
Plug and Play China launches call for global startup applications
Global innovation platform Plug and Play has announced a strategic partnership with the Hong Kong Science and Technology Parks Corporation (HKSTP) and launched a call for entries for the Elevator Pitching Competition 2023 (EPiC 2023).
Beijing-based Astro-E closes seed round financing to accelerate growth
Astro-Energy Technology (Astro-E), a Chinese provider of household new energy products and systems, raised an undisclosed amount in Seed funding led by CAS Venture Capital, followed by Asia Green Fund (AGF) and Ningbo Angel Capital Guiding Fund.
Season Group acquires IoT tech startup Pycom to give all connected ideas an opportunity to succeed
Season Group, an international electronics design and manufacturing services provider headquartered in Hong Kong, announced its acquisition of all assets of Pycom, a full stack Internet of Things (IoT) company.
HashKey and SEBA Bank partner to accelerate institutional adoption of digital assets in Hong Kong and Switzerland
HashKey and SEBA Bank announced a partnership to leverage their digital asset service offerings as well as custody and asset management products to accelerate institutional adoption of digital assets.
Chinese web3 startup Viide shows ambition to leverage advertising through Decentralized Screen Network
Viide, a web3 startup has shown its ambition to leverage the value of web3 advertising in China through its Decentralized Screen Network.
Hong Kong and Singapore lead green fintech development among the five economies in the APEC region, study
GoImpact, together with The CUHK Business School, released the findings from their working paper, Exploring the Green Fintech Ecosystem in Asia: Insights from Five Economies in APEC.
GS1 Hong Kong unlocks the next generation of trade finance service for SMEs in China
GS1 Hong Kong (GS1 HK) announced it has welcomed the launch of Commercial Data Interchange (CDI) by the Hong Kong Monetary Authority (HKMA).
Meet female scientists who develop cellular and gene therapies in China, Jiang and Zhang
Inside Namtai Inno Park in Guangming District hides a low-profile biomedical development firm; Shenzhen Wingor Biotechnology company.
President Buhari signs Nigeria Startup Bill into law
Nigeria has become the latest country to pass a Startup Bill, giving a more formal approach to how the startup ecosystem is governed.
London-based Genie AI launches Startup Starter Pack, a free open source legal template library for startups
Genie AI, a machine learning company based in London, has launched Startup Starter Pack, a free open source legal template library with contract templates for small businesses and startups.
BRV China-backed HPC-AI Tech startup completes $6m seed and angel round financing
HPC-AI Tech, an artificial intelligence high-performance optimization startup announced the closing of $6 million seed and angel rounds, with BlueRun Ventures China (BRV China) acting as the lead investor for the angel round.
Chinese biotech startup CellOrigin partners with Qilu Pharmaceutical to develop "off-the-shelf" CAR-iMAC cell therapy
CellOrigin Biotech has made an agreement with Qilu Pharmaceutical on strategic global collaborations to develop, manufacture and commercialize a proprietary "off-the-shelf" CAR-iMAC cell therapy.
London-based mental health startup Thalamos raises $1m to digitise the Mental Health Act
London-based mental health startup Thalamos announced it has raised €1 million seed round to digitise the Mental Health Act.
Chinese Grand Pharma backs Dutch medtech Xeltis with €15m
Xeltis, a medtech company developing the most advanced polymer-based restorative cardiovascular devices, announced that a Chinese company, Grand Pharmaceutical Group, has committed to invest €15 million in equity and license fees.
Qiming Venture Partners closes $3.2b funds to back early and growth stage tech startups in China
China based venture capital firm Qiming Venture Partners announced the closing of $3.2 billion, including USD Fund VIII at $2.5 billion and the first closing of RMB Fund VII at $700 million.
Lummus announces successful startup of CATOFIN PDH unit in China
Lummus Technology announced the commissioning and startup of a propane dehydrogenation (PDH) unit at Shandong Ruize Chemical Technology's complex in China.
Chinese biotech startup Meta Pharmaceuticals raises $15m to accelerate its pipeline development
META Pharmaceuticals, China's first immunometabolism-based small-molecule drug discovery company, announced two consecutive Seed and Pre-A funding rounds totaling $15 million.
Chinese ARHUD solution provider Raythink completes Series A+ financing to accelerate mass production of in-vehicle AR displays
Raythink, the ARHUD solution provider for the automotive and transportation industry, announced it has raised around $15 million in a Series A+ funding round led by Chengwei Capital.
BRV China-backed eVTOL startup Zerog closes $1.48m seed round to accelerate growth
Zerog, a Chinese electric vertical take-off and landing (eVTOL) aircraft developer, completed a $1.48 million seed round with BlueRun Ventures China (BRV China) as the sole investor.
Foodtech startup Haofood partners Lawson to accelerate presence in China
Haofood, a food science and technology startup announced a new partnership with Chinese convenience store Lawson where customers will gain greater access to its products.
Biotech startup AskGene completes of $20m Series A financing to accelerate growth
AskGene, a clinical-stage biopharmaceutical company focusing on discovery and development of innovative biological drugs, announced the completion of $20 million in Series A financing.
Lefebvre Sarrut launches second edition its European startups accelerator, LightSpeed
Lefebvre Sarrut Group reaffirmed its commitment to innovation and invites European startups to participate in the new edition of LightSpeed, its startup accelerator.
Cross-border fintech startup Dowsure raises $20m to fuel growth of e-Commerce sellers in China
Shenzhen-based fintech startup Dowsure Technologies, has attracted the attention of global strategic investors, fueling the growth of millions of e-Commerce sellers from China on marketplaces like Amazon, eBay, Shopee and more.
The Sandbox and Brinc announce $50m open metaverse accelerator program funding for 100 startups
The Sandbox, a decentralized gaming metaverse, has committed $50 million to Brinc, a global venture accelerator, for The Sandbox Metaverse Accelerator Program, which will target 100 startups to enhance the open metaverse.
SOMA.finance closes $6.5m seed funding round to accelerate growth
SOMA.finance, a Hong Kong and New York-based decentralized marketplace for digital assets, announced the completion of a $6.5 million seed funding round.
Chinese autonomous driving startup Haomo.AI raises nearly RMB 1 Billion, reaches Unicorn status
Beijing-based autonomous driving startup Haomo.AI has raised nearly 1 billion yuan (close to $150 million) in its Series A financing round, giving itself strong financial momentum to expand this new year.
Chinese gaming and entertainment startup Talon closes $5m Series A funding to accelerate growth
Talon, the Hong Kong headquartered competitive gaming, entertainment and culture brand announced it has secured $5 million in equity capital in its Series A financing round.
Illumina and Sequoia Capital select first startups to join Genomics Incubator in China
Illumina and Sequoia Capital China, an investment firm, jointly announced the selection of the first two startup companies joining the Sequoia Capital China Intelligent Healthcare Genomics Incubator, Powered by Illumina.
Chinese SEI Robotics partners with Silicon Valley's Medtrics to bring telemedicine service to Android TV
SEI Robotics, a global innovator of smart IOT devices & provider of Android TV platforms for Pay-TV operators (MVPD), announced its strategic partnership with Medtrics, the Silicon Valley startup, player of digital health service.
Chinese autonomous driving startup WeRide releases next-gen small, lightweight Sensor Suite 4.0
WeRide, a Chinese L4 autonomous driving company released WeRide Sensor Suite 4.0 (Suite 4.0), marking another key step towards the mass production of self-driving vehicles.
Chinese startup MioTech raises additional financing to develop sustainability innovations that support net-zero global economy
MioTech announced it has secured investments to further its commitment to develop sustainability innovations that support a net-zero global economy.
Chinese autonomous driving startup WeRide named "AutoTech Startup of the Year" in 2021 AutoTech Breakthrough Awards Program
WeRide, a world autonomous driving company, has been named "AutoTech Startup of the Year" in the annual AutoTech Breakthrough Awards conducted by market intelligence organization AutoTech Breakthrough.
DLA Piper advises GigCapital5 in $230m IPO
DLA Piper represented GigCapital5, Inc. in its initial public offering of 23,000,000 units at a price of $10 per unit, including 3,000,000 units issued upon the exercise of the over–allotment option granted to the underwriters.
Chinese warehouse robotics startup HAI ROBOTICS secures $200m funding to accelerate growth
HAI ROBOTICS, a Chinese warehouse robotics startup pioneering in autonomous case-handling robotics (ACR) system, announced it has secured two new continuous rounds of financing, garnering $200-odd million in total.
Chinese intelligent robotics startup Agile Robots completes Series C financing to accelerate growth
Agile Robots, an intelligent robotics company, announced the completion of a Series C financing with a total investment of $220 million. The financing was led by SoftBank Vision Fund 2, followed by financial investors.
DLA Piper advises investment analytics platform Aumni in $50m Series B financing
DLA Piper represented Aumni, an investment analytics platform that provides the data infrastructure for private capital markets, in a $50 million Series B funding round led by J.P. Morgan.
Oddup raises $12.8m Series C funding to increase access to pre-eminent global startup ecosystem insights
Oddup, an international provider of data-driven insights for the startup and cryptocurrency ecosystems, announced the close of a $12.8 million Series C funding round.
Four Southern Africa’s innovative legal startups proceed to HiiL Justice Accelerator
The Hague Institute for Innovation of Law (HiiL) has announced the four startups that will go on to the prestigious HiiL Justice Accelerator. The four innovators are part of a global cohort of 18 organisations who will receive €10 000 funding and business development support.
New Zealand legaltech startup LawVu raises $17m Series A funding to expand its category leadership
Legaltech startup for in-house legal teams, LawVu, announced it has raised $17 million NZD in Series A funding led by New York-based global private equity and venture capital firm Insight Partners with support from Australian venture capital firm AirTree Ventures.
HUAWEI partners with Singapore-based healthtech startup Plano to tackle global problem of myopia
Huawei Technologies and Plano announced a partnership to address the global problem of myopia. Through this partnership, Huawei and Plano will provide Huawei users with easy-to-use, innovative, and science-based technological solutions.
Legaltech startup Hello Divorce raises $2m seed round to disrupt the broken divorce process
Hello Divorce, the legaltech platform for affordable, less-stressful divorces, announced a seed investment of $2 million led by disruptive tech investor CEAS.
UK-based legaltech startup Clara opens in Dubai following investment from DIFC FinTech Fund
Dubai International Financial Centre (DIFC), the global financial centre in the Middle East, Africa and South Asia (MEASA) region, announced it has invested in UK-based legaltech startup, Clara.
DLA Piper advises 4G Clinical in $230m growth equity investment from Goldman Sachs Asset Management
DLA Piper represented 4G Clinical, a cutting-edge randomization and trial supply management (RTSM) company serving the life sciences industry, in a growth equity investment of over $230 million from Goldman Sachs Asset Management.
Hong Kong-based insurtech startup YAS MicroInsurance features in TOP 10 of Plug and Play Insurtech Batch 5 startups
Hong Kong-based next-generation Insurtech startup YAS MicroInsurance, has been featured as one of the TOP 10 of the Insurtech Batch 5 in Plug and Play APAC, a well-known global startups accelerator and innovation platform.
Seven South African legal startups to pitch for €10,000 grant
The Hague Institute for Innovation of Law (HiiL) kicked off its annual global Innovating Justice Challenge in search of the region’s best justice-related social entrepreneurs in March this year.
QIMA acquires stake in London-based supply chain resiliency startup Kavida.ai
QIMA, the provider of quality control and supply chain compliance solutions, announced it has invested in Kavida.ai, a London-based startup that builds supply chain digital replicas and uses artificial intelligence.
Speedaf express completes Round A+ financing to build China-Africa express brand
Speedaf express, a China-Africa integrated logistics service provider, officially announced the completion of its Round A+ financing, led by TRUSTBRIDGE, followed by Northern Light VENTURE CAPITAL, and VISION+CAPITAL on the basis of Round A.
Aussie legaltech startup goes global wiith COVID-19 diagnosis tool
Australian legaltech startup Rulestar is demonstrating how its software, built to automate complex legal documents, can improve COVID-19 decision-making.
Chinese AI robotics startup Mech-Mind completes Series C funding
Chinese AI industrial robotics startup, Mech-Mind Robotics (Mech-Mind), completed Series C funding led by tech giant Meituan, bringing Mech-Mind's total funding to over $100 million, making Mech-Mind one of the world's most funded AI+ industrial robotics startups.
Chinese biopharma startup Alebund Pharmaceuticals raises $60m in Series B financing round
Alebund Pharmaceuticals, a biopharmaceutical company dedicated to developing innovative therapies for the treatment of renal diseases and related chronic conditions, announced the raise of $60 million in its Series B financing round.
Revere VC raises $1.35 m seed round to give venture capital its vanguard moment
Revere VC, a San Francisco and Hong Kong based asset management firm, announced the launch of its flagship products and services; "The Portal,' a curated VC platform, and its inaugural fund strategy, 'The Prime Access Fund.'
HiiL opens applications for Justice Accelerator for Southern Africa startups
The Hague Institute for Innovation of Law (HiiL) is calling on all game-changing justice startups that want to grow their social impact and business to participate in this year’s HiiL Innovating Justice Challenge.
Chinese biotech startup Bioheng raises $80m in Series B financing to advance allogeneic immuno-cell therapies
Bioheng Biotech, a clinical-stage biotechnology company dedicated on developing novel cellular immunotherapy for cancer, announced that it had secured $80 million in Series B Financing.
Chinese logistics startup Duckbill closes $50m funding
Duckbill, the world container trucking/drayage service platform featuring intelligent dispatching and transportation management, announced the closing of fund raising of $50 million which marks the biggest funding in the industry.
DLA Piper named top three law firm for combined M&A, venture capital, private equity deal volume by PitchBook
DLA Piper announced that the firm ranked among the top three most active law firms for combined global deal volume in M&A, venture capital and private equity in 2020, according to PitchBook.
Adjuvant Capital announces $300m venture fund to improve global public health
Adjuvant Capital announced an oversubscribed $300 million fund focused on accelerating the development of medical innovations for historically overlooked public health challenges.
Proxima Ventures, Co-win Ventures invest in Bioelectronica to accelerate pharmaceutical discovery and development
Bioelectronica announced the closing of an investment by Proxima Ventures and Co-win Ventures to advance the company's innovations in digital biochemistry, from novel assay development to scalable electrofluidics.
Global law firm DLA Piper advises Atlanta-based startup Calendly on its $350m Series B financing
DLA Piper represented Calendly, an Atlanta-based provider of appointment scheduling software, in its recent $350 million Series B financing, resulting in its subsequent valuation at more than $3 billion.
US-based investment firm Bryce Catalyst announces $1.75m seed round for dealcloser
dealcloser, a transaction management hub for legal professionals, announced it has closed a $1.75m seed round from Bryce Catalyst
Chinese venture capital firm Qiming closes RMB Fund VI at RMB 2.852 billion
Chinese venture capital firm Qiming Venture Partners announced the final closing of its RMB Fund VI at RMB 2.852 billion.
Genomics startup NuProbe closes $42m fundraising for expansion
NuProbe, a genomics and molecular diagnostics company specialized in ultrasensitive sequencing panels, announced the closing of its oversubscribed $42 million fundraising.
Global law firm DLA Piper advises Atlanta-based startup SalesLoft on its $100m Series E financing
DLA Piper represented Atlanta-based startup SalesLoft in its recent $100 million Series E financing led by Owl Rock Capital, with participation from Insight Partners, HarbourVest, and Emergence.
Taiwanese startup A.V. Mapping solves copyright battles for creators
First time CES exhibitor A.V. Mapping, which was selected by Taiwan Tech Arena (TTA) as one of the 100 featured Taiwanese startups being showcased at CES 2021, is promoting its patented AI platform as a solution to the problem of copyright infringement.
Chinese iQIYI's VR startup completes Series B funding to drive innovation, expand content ecosystem
iQIYI Inc., an innovative market-leading online entertainment service in China, announced it has recently completed a multi-hundred million RMB Series B funding round for its virtual reality (VR) division iQIYI Intelligent.
Danish legaltech startup Contractbook raises $9.4m to accelerate data-driven document automation
Contractbook, a legal tech automation company based in Copenhagen, Denmark, announced it has closed on a $9.4 million Series A investment round, led by Bessemer Venture Partners with participation from existing investors.
Chinese autonomous truck startup Inceptio Technology raises $120m to accelerate volume production
Inceptio Technology, an autonomous truck company, announced a $120 million funding led by Contemporary Amperex Technology, developer and manufacturer of lithium-ion batteries.
Luxury e-commerce startup ShopWorn enters Asia with Hong Kong satellite
ShopWorn, e-commerce destination for well-priced, guaranteed authentic luxury brands opened a Hong Kong satellite location to directly service APAC countries, with an initial focus on the Greater China area.
Influential global Marcomm network to partner with Mediaspace.global
International Advertising Association is partnering up with its youngest member, Mediaspace.global, the brand-new professional social platform for media, marketing, tech, innovation and regulation.
[Startup Interview] Kinga Incze, Founder & CEO, Mediaspace.global, UK
Startup Weekly talks with Kinga Incze, founder of Mediaspace.global, a new, independent social platform for media, marketing, tech, law, innovation and regulation company based in London, UK.
Alfa Bank, Plug and Play collaborate on innovation in Fintech
Along with 80 other financial institutions across the United States, Frankfurt, Amsterdam, Milan, Paris, Abu Dhabi, Shanghai, Singapore, and Tokyo, Alfa Bank will join Plug and Play's global ecosystem.
Smart consumer technology startup Dreame raises $14.6m in Series B+ funding
Dreame Technology (Dreame), a smart consumer technology company specializing in cordless vacuum cleaners, robot vacuum cleaners and mops, announced it raised $14.6 million in its Series B+ funding led by IDG Capital.
British legal tech startup Thirdfort raises £1m in seed-plus funding round
British Legal tech startup Thirdfort secured £1 million in its latest fund raising, as the security specialist looks to capitalise on increasing demand from law firms.
Evonik invests in Chinese tech startup to support intelligent, healthier pig farming
Evonik’s venture capital arm has invested in SmartAHC, a Chinese technology startup that enables more intelligent and healthier pig farming.
UK legaltech startup Clara secures rights to incorporate companies in the Cayman Islands and Abu Dhabi
Clara, the London-based legaltech company, has announced that it has secured the rights to incorporate companies in two of the world's most popular jurisdictions for raising venture capital
Mitsui Chemicals, UNEP support Asian startups helping reduce plastic waste
Mitsui Chemicals announced that it has selected three innovative Asian startups to receive support under the Asia–Pacific Low-Carbon Lifestyles Challenge (APLCLC), a program run by the United Nations Environment Programme.
Intel Capital invests $132 million in 11 disruptive technology startups
Intel Capital, the global investment arm of tech giant Intel has invested $132 million in 11 technology startups.
Interviews.
[Interview] Caroline Mutuku, General Manager, Glovo, Kenya
Caroline Mutuku is Kenya's General Manager of multi-category app Glovo. Caroline joined Glovo in December 2022 from Swvl Kenya where she also served as the General Manager from December 2021. In this interview...read more here
[Interview] Renate Swanepoel, COO, INC. Networking
Renate Swanepoel is an entrepreneur, global networker and inspirational speaker that has helped thousands of people around the world to find their purpose. She has gained significant networking and communication...read more here
[Interview] Anne-Marie Chidzero, Chief Investment Officer, FSD Africa
Anne-Marie Chidzero is the Chief Investment Officer at the Financial Sector Deepening Africa (FSD Africa) Investments. In this interview, she talks about the risks and opportunities in backing Africa’s early-stage startups...read more here
[Interview] James Kilpatrick, Chair, Gravitilab, UK
Gravitilab is a "Space as a Service" business providing research, testing and qualification facilities to space agencies, government, academia and commercial enterprises. The company’s Chair and Chief Finance Officer...read more here
[Interview] Ramanjeet Singh, CEO, Woosper, USA
Woosper is a US-based digital advertising and marketing agency focused on creating experiences that help clients discover their place in the digital world. The CEO Ramanjeet Singh...read more here