Startups headquartered in Greater China raised more than $3.8 billion in PE-VC funding in May 2022, up 41.2% month-on-month. At 190, the deal volume also increased by 11.8% from April — a sign that funding activity in the second quarter will overtake the previous quarter’s performance as the post-pandemic recovery continues. The number of venture… Continue reading China Deal Review: Startups raise over $3.8b as PE-VC funding activity climbs in May
Category: Automotive
India’s latest unicorn PW founder says not approached by any investor in first 18 months
The founder of Indian edtech startup PhysicsWallah (PW), Alakh Pandey, is overwhelmed by the sudden surge in media requests for interactions and investor interest a day after raising $100 million in its Series A round from WestBridge Capital and GSV Ventures and becoming a unicorn. At a time Indian edtech startups are grappling to stay… Continue reading India’s latest unicorn PW founder says not approached by any investor in first 18 months
Satellite internet poised for big bang of growth in Southeast Asia
Elon Musk’s SpaceX is among the many companies competing to provide satellite-based internet service in Southeast Asia, seeing it as the answer to the slow, unreliable communications the region’s vast number of netizens have been putting up with. “Starlink approved by The Philippines:” Musk tweeted as soon as the country’s telecommunications regulator approved SpaceX’s Starlink… Continue reading Satellite internet poised for big bang of growth in Southeast Asia
Faraday Future says it plans to open a Chinese factory by mid-decade
Faraday Future said Wednesday during an investor presentation that it plans to open a factory in China as early as 2025, even as it faces a shortage of capital and an SEC investigation. The electric vehicle maker said it is scouting locations for a site to build its future vehicles and serve as a local… Continue reading Faraday Future says it plans to open a Chinese factory by mid-decade
Mobility marketplaces and brake repair on TechCrunch Live
Walker Drewett founded NuBrakes in May 2019. According to Mike Ghaffary, GP at Canvas Ventures, Drewett is building a high-growth business powered by a marketplace model, which is why Ghaffary led the company’s Series A. The product is simple: On-demand vehicle brake repair services. Join this episode to hear how Drewett raised capital and built… Continue reading Mobility marketplaces and brake repair on TechCrunch Live
Stamps To Take Your Mail From ‘Infinity to Forever’ This Summer
Greg Breeding was the art director using illustrations from Pixar Animation Studios. Additional details about the “Go Beyond” commemorative stamp collection, including the release date, will be announced later this year. Postal Products Customers may purchase stamps and other philatelic products through the Postal Store at usps.com/shopstamps, by calling 844-737-7826, by mail through USA Philatelic or… Continue reading Stamps To Take Your Mail From ‘Infinity to Forever’ This Summer
DXC steigert die Konnektivität für die Weltraumforschung
Durch die Vereinbarung wird DXC einen Beitrag zur Arbeit der ESA leisten, um die europäischen Raumfahrtkapazitäten auszubauen und Missionen zu ermöglichen, die das Universum erforschen, unser Sonnensystem erkunden und die Erde umkreisen, um wichtige Daten zu gewinnen, die es uns ermöglichen, die Auswirkungen des Klimawandels zu überwachen und abzumildern. DXC wird dazu beitragen, die terrestrische… Continue reading DXC steigert die Konnektivität für die Weltraumforschung
L’avion à 4 places de Volocopter effectue son premier vol
La troisième solution produit de Volocopter, le VoloConnect, offre des trajets plus longs et plus rapides que tout autre avion Volocopter à ce jour, avec une autonomie de plus de 60 miles et des vitesses de vol supérieures à 155 mph. La distance de vol prolongée et la charge utile plus importante de l’avion de transport de… Continue reading L’avion à 4 places de Volocopter effectue son premier vol
El nuevo HR-V 2023 ostenta un diseño más deportivo, un tren de potencia más receptivo, una cabina de lujo y características tecnológicas deseables
La nueva segunda generación del HR-V fue diseñada y creada sin concesiones. Al ser más largo y ancho, es más cómodo y además más deportivo y divertido de conducir que su predecesor, al tiempo que cuenta con más espacio para las piernas en los asientos traseros y una de las mayores áreas de carga de su… Continue reading El nuevo HR-V 2023 ostenta un diseño más deportivo, un tren de potencia más receptivo, una cabina de lujo y características tecnológicas deseables
BEST Inc. Announces Unaudited First Quarter 2022 Financial Results
HANGZHOU, China, June 8, 2022 /PRNewswire/ — BEST Inc. (NYSE: BEST) (“BEST” or the “Company”), a leading integrated smart supply chain solutions and logistics services provider in China and Southeast Asia (“SEA”), today announced its unaudited financial results for the first quarter ended March 31, 2022. Johnny Chou, Founder, Chairman and CEO of BEST, commented,… Continue reading BEST Inc. Announces Unaudited First Quarter 2022 Financial Results