TOKYO—A financially strapped Japanese supplier of displays for Apple Inc. AAPL 0.25% ’s iPhone 11 said it has lined up financing of up to ¥90 billion ($828 million) from an investment fund with U.S. connections. Japan Display Inc. 6740 +0.00% said Thursday that it has agreed on the basic outline of an investment by a Singapore arm of Tokyo-based Ichigo…
Thailand-based insurtech startup Sunday raises $11 million in extension Series A funding round led by Quona Capital, according to a statement issued by the firm. This second tranche of capital was led by Quona Capital, a fintech venture capital (VC) firm, and joined by Temasek-backed investor, Vertex Ventures. This brings Sunday’s total Series A round to $21 million, after raising…
It will be partly used to foray into other Asia Pacific markets. Shared e-scooter operator Neuron Mobility has raised $25.14m (US$18.5m) in a funding round, according to a press release. The funding was led by US-based GSR Ventures and Australian venture capital firm Square Peg. The capital is intended to be used to accelerate its Australian and New Zealand roadmap,…
According to Atomico’s recent “State of European Tech, 2019” – widely considered by the European tech industry to be a reliable annual study – at present, 92 in every 100 dollars invested in Europe goes to all-male teams, 83% founders are white, 82% are university educated, in the UK, a quarter of investment committees saw no female founders in 2017…
Singapore-based startup, has closed an $18.5 million financing round as it looks to scale its e-scooter startup in international markets — a month after the nation introduced difficult regulatory changes. The new financing round, dubbed Series A, was funded by GSR Ventures, a venture capital firm that was the first institutional investor in Chinese ride-hailing giant DiDi Chuxing, and Square…
Singapore’s Infocomm Media Development Authority (IMDA) has launched a $14.7m (S$20m) initiative to partner with film and media investment funds that set up in the city state to invest in film and TV content across Southeast Asia. Describing the S$20m as a “catalyst to attract other investors”, IMDA has launched an open call for partners that can “jointly support the…
Singapore-based biotherapeutics startup Hummingbird Bioscience has raised US$19 million in a series B round co-led by Korean investors Mirae Asset Venture Investment and GNTech Venture Capital. New backers Delian Capital, Mirae Asset Capital, DAValue-GiltEdge, HB Investment, Wooshin Venture Investment, and Kiwoom Investment-Shinhan Capital also participated in the round, alongside existing investors Heritas Capital and Seeds Capital. Hummingbird focuses on the…
The second successful round of Tribe Accelerator funding just added more money to the ambitious program’s kitty. Singapore government’s Tribe Accelerator has raised around sixteen million US dollars ($16M) that will help the blockchain startups under its aegis. Enterprise Singapore, the government agency responsible for the promotion and development of blockchain startup, built Tribe Accelerator as an incubator for blockchain…
Singapore-based venture capital firm Circulate Capital has announced the launch of Circulate Capital Ocean Fund (CCOF), the world’s first investment fund dedicated to preventing Asia’s ocean plastic crisis. Circulate Capital said it launched the $106-million fund, with founding investors and partners PepsiCo, Procter & Gamble, Dow, Danone, Unilever, The Coca-Cola Company, and Chevron Phillips Chemical Company, to address the financing…
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