Kate Park
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Japan’s Terra Drone lands $70M Series B funding to accelerate global expansion – TechCrunch
Kate Park - 0
As the use of aircraft like drones, electric vertical take-off and landing vehicles and uncrewed aerial vehicles take off, Japanese startup Terra Drone wants to make sure trafficking the skies doesn’t get overlooked.
“Our airspace is going to get more crowded than ever, but most companies today are concentrating...
SME lending platform Validus acquires Citi Singapore’s CitiBusiness loan portfolio – TechCrunch
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Validus, a Singapore-based lending platform for small and medium-sized enterprises, is acquiring CitiBusiness’ loan portfolio for an undisclosed amount to bolster its top-line revenue and customer base and expand its growing loan book.
Nikhilesh Goel, co-founder and CEO of Validus, told TechCrunch that Validus expects to create synergies with...
Kyash, a Tokyo-based mobile financial app, has raised $41.2 million (4.9 billion JPY) Series D funding.
The round comes from a number of investors including Japan Post Investment Corporation, Block (formerly known as Square), Greyhound Capital, SMBC Nikko Securities, Altos Ventures, Goodwater Capital, StepStone Group, JAFCO Group, Mitsui Sumitomo...
Una Brands teams up with KlickBrands to enter South Korea’s e-commerce market – TechCrunch
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Una Brands, a Singapore-based e-commerce aggregator, has partnered with South Korean peer KlickBrands to expand its footprint in South Korea.
The strategic partnership will help South Korean e-commerce brands grow domestically and make inroads into more countries in Asia. Una, one of the largest e-commerce aggregators in Asia, has already established...
Samsung Electronics has suspended shipments of all products to Russia “due to the current geopolitical developments,” the company said on Saturday.
“We continue to actively monitor this complex situation to determine our next steps,” the company said.
Samsung declined to comment on whether it plans to cease services in Russia....
Jung-ju Jay Kim, founder of South Korean gaming company Nexon, has passed away at age 54.
On Tuesday, Nexon’s holding company NXC released a statement: “With deep sadness, Nexon mourns the unexpected death of its beloved founder, Jungju Jay Kim, who passed away in February.”
His sudden death came as...
Singapore-based micromobility startup Beam secures $93M Series B, enters new markets – TechCrunch
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Beam, a Singaporean shared micromobility operator, announced today that it has raised $93 million in a Series B round to accelerate growth into new countries in Asia.
The fresh capital, which brings its total funding raised to $135 million, was led by Affirma Capital, with participation from Sequoia Capital...
Artificial intelligence-powered voice and video technologies have been gaining steady popularity in recent years. Korean startup called Neosapience has developed a synthetic voice and video platform, Typecast, that lets users turn text into a video without recording and editing in a studio.
Today, Neosapience announced it has raised $21.5...
Sydney-based startup Upflowy raises $4M to optimize web experiences with its no-code solution – TechCrunch
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The Covid-19 pandemic has affected consumers’ behaviors and purchasing patterns; data-driven decision-making is even more crucial to ensure that companies’ products or services genuinely benefit users in times of uncertainty. The demand for SaaS products that enables online transactions has dramatically increased during Covid-19, according to CEO of...
Sony Ventures Corporation (SVC) announced today that it has completed the first closing of its $215 million (25 billion JPY) fourth fund, Sony Innovation Fund 3 (SIF3), to back all stages of emerging technology companies. Sony Ventures Corporation was established in July last year to manage all of...