Kate Park
SwipeRx, a platform for pharma professionals, said Tuesday it has secured a $27 million Series B round led by Indonesia’s MDI Ventures, with participation from the Gates Foundation, Johnson & Johnson Impact Ventures, Susquehanna International Group and existing backers.
Pharmacies in Southeast Asia were largely fragmented, mom-and-pop shops operating...
South Korean e-commerce platform Coupang said its first-quarter net loss shrank by 29% from a year earlier. The company posted a net loss of $209.2 million in Q1 this year, in contrast to last year’s net losses of $295 million in Q1 and $404.9 million in Q4, respectively.
Investors cheered the...
Zeals, a Tokyo-based startup that lets businesses communicate with their customers via its chat application, said Thursday it has secured $27.2 million (3.5 billion yen) in equity and $11.6 million (1.5 billion yen) in debt. The latest round brings its total funding raised to $41.4 million, the company...
South Korean startup Seadronix wants to reduce the issue of marine accidents, 75% of which are caused by human error, according to a 2019 Allianz safety and shipping report. The company just secured a $5.8 million Series A extension to scale its AI-based ship berthing monitoring and navigation...
During the worst days of the pandemic, when people were stuck at home and starving for some form of entertainment beyond streaming yet another TV series, many turned to DIY home improvement projects. With the home now a place for work, school and leisure all at once, the...
Sumutasu, a Tokyo-based proptech startup that offers a direct online real estate purchase service, has secured $8.2 million in equity and $1.6 million in debt. The company has raised a total of $16 million since its 2018 inception.
Takahiro Sumi (CEO) and Tomoya Ito (COO) co-founded Sumutasu four...
Elon Musk said Sunday via Twitter that his tunnel-building-for-urban-transport business The Boring Company will attempt to build a high-speed, and still theoretical, hyperloop in the coming years.
In 2013, Musk put out a white paper that outlined the idea of a transport system that could send passengers and cargo...
Samsung Electronics released Thursday its preliminary earnings for the first quarter of 2022.
The company said it forecasts to report consolidated revenue of $63.1 billion (77 trillion KRW) and an operating profit of about $11.6 billion (14.1 trillion KRW) for the quarter ended March. Those numbers are up from the first quarter...
As the boom of the e-commerce aggregator trend continues in Asia, South Korea, the fifth-largest e-commerce market in the world, is rolling up.
Wholesum, a Seoul-based e-commerce aggregator, is jumping on the trend of larger firms buying up third-party merchants that would usually sell on e-commerce platforms like Amazon...
San Francisco- and Tokyo-headquartered gumi Cryptos Capital (gCC), a venture capital firm that focuses on blockchain startups, said it has launched a new $110 million early-stage fund.
The venture capital firm’s second fund aims to back approximately 50 blockchain companies in the early stage from pre-seed to seed, managing...
