Kate Park
LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment in Bear Robotics, the California startup that makes artificial intelligence-powered server robots for restaurants and other venues — autonomous...
Silence Laboratories, a startup that builds infrastructure using multiparty computation (MPC) to help enterprises keep data private and safe, said it has raised a $4.1 million funding round.
Pi Ventures and Kira Studio co-led the recent funding, which brings its total raised to $6 million, along with angel investors. The startup will...
TechTaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding from a sole investor, Altos Ventures.
The outfit helps e-commerce sellers manage the supply chain, from warehousing, order packing and...
SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on red-hot artificial intelligence industry. Now, he’s fundraising for his next move in that strategy. According to a report in Bloomberg, the SoftBank founder is seeking $100 billion to build a new venture that would...
Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in 2015, a South Korean Court ruled on Monday.
In the November hearing, prosecutors had called for Lee to be in...
Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, conducted another round of layoffs earlier this month.
Wattpad has cut less than 30 jobs, or roughly 15% of its workforce, a source familiar with the situation told TechCrunch. According to local media outlets, including The Korea Economic Daily, the cut...
Aniai, a startup that has built a burger-grilling robot, Alpha Grill, said today it has raised $12 million. The round brings its total raise up to $15 million. The money will go toward launching its first manufacturing facility, Factory One, in South Korea. The firm will also be deploying...
Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022.
Terraform Labs, which confirmed its Chapter 11 bankruptcy protection filing, said the filing is “a strategic step that will enable it to continue...
Myrealtrip is the latest travel tech company to ride a growing post-pandemic tourism industry. The Seoul-based startup said today it has raised $56.7 million (75.6 billion KRW) in a Series F equity round of funding to accelerate its business and product innovation and ramp up its hiring.
Global tourism has...
Tack One, a Singapore-based startup, wants to help make sure your kids, elderly parents and pets are safe with AI-powered location technology. Today, the company unveiled its new generation of GPS device, Tack GPS Plus, at the Consumer Electronics Show (CES) 2024.
The startup launched its GPS tracker in 2021 to...
