It has Dolby Atmos and probably costs more than your home. Electric cars have certainly gone mainstream over the past decade or so, with many auto manufacturers shifting at least some of their production over to battery-powered cars. But going from gas to electric in other forms of transportation hasn’t really taken off in quite… Continue reading BMW’s all-electric luxury boat comes with a custom Hans Zimmer soundtrack
Category: Tech News
Category Added in a WPeMatico Campaign
Astronomers identify volcano-covered planet that could have water on its surface
LP 791-18 d is located about 90 light-years away from Earth. Astronomers have found a planet they believe is blanketed by active volcanoes. In a study published Tuesday in the journal Nature, a multi-national team of scientists said they discovered an Earth-sized exoplanet they believe may have water on part of its surface. The boringly… Continue reading Astronomers identify volcano-covered planet that could have water on its surface
You can preorder Analogue’s TurboGrafx-inspired Duo console this Friday
Though the price shot up by $50. Analogue’s universally compatible TurboGrafx-16 console, the Duo, will finally be available for preorders later this week, on May 19th. The company made the reveal on Twitter and also noted that preorders begin sharply at 8AM PDT. These kinds of niche gaming consoles tend to sell out of preorders… Continue reading You can preorder Analogue’s TurboGrafx-inspired Duo console this Friday
Taiwan’s Fubon Life commits to invest $70m in CVC Capital’s latest buyout fundCVC Capital Partners IX is reportedly targeting to raise about $25 billi…
Fubon Life Insurance, the insurance unit of Taiwanese financial conglomerate Fubon Financial Holdings, has committed to invest €65 million (about $70 million) in CVC Capital Partners’s ninth buyout fund. In a disclosure to the Taiwan Stock Exchange, Fubon Financial said its insurance unit will take around 0.3% stake in CVC Capital Partners IX, the latest… Continue reading Taiwan’s Fubon Life commits to invest $70m in CVC Capital’s latest buyout fundCVC Capital Partners IX is reportedly targeting to raise about $25 billi…
Dealmaking in China inches up to $14.7b in Q1 as economic recovery cheers investorsVenture investors have become more selective in deploying their cap…
Alongside strong GDP growth, China made some much-anticipated progress in both startup financing and IPO activity in the first three months of 2023. Startups headquartered in mainland China, Hong Kong, Taiwan, and Macau raised about $14.7 billion from private equity (PE) and venture capital (VC) investors in the first quarter of 2023, up 1.7% from… Continue reading Dealmaking in China inches up to $14.7b in Q1 as economic recovery cheers investorsVenture investors have become more selective in deploying their cap…
SE Asia Deal Review: Startup fundraising falls 66% YoY to $751m in April
Fundraising in Southeast Asia stayed below the psychologically-important $1 billion mark for the fourth straight month in April as startups in the region raised just $751 million from 78 deals. The April fundraising was 3.8% below the $781 million that Southeast Asian startups raised in March from 76 deals, show proprietary data compiled by DealStreetAsia.… Continue reading SE Asia Deal Review: Startup fundraising falls 66% YoY to $751m in April
Sandbox VR eyes Series C funding after profitability boost
Hong Kong-born virtual reality (VR) gaming startup Sandbox VR is looking to rake in fresh capital for a Series C round by the end of this year after turning profitable in January, founder and CEO Steven Zhao said in an interview with DealStreetAsia. While Zhao didn’t disclose the exact amount it is targeting for its… Continue reading Sandbox VR eyes Series C funding after profitability boost
Funding winter, slower dealmaking could prompt Indian investors to temper expectations
If the amount raised by private equity (PE) and venture capital (VC) firms so far this year is anything to go by, investors currently on the fundraising trail could be in for a rough ride. According to data available from research firm Venture Intelligence, India-focused PE and VC firms amassed as much as $2.4 billion… Continue reading Funding winter, slower dealmaking could prompt Indian investors to temper expectations
SG consumer products maker Believe’s losses nearly tripled in FY22
Believe Pte Ltd, a Singapore-based consumer products startup with a significant presence in India, reported a nearly threefold increase in its net loss for the year ended March 31, 2022, according to regulatory filings. The company posted a net loss of $73.6 million for FY2022, while its revenue jumped 3.5x to $21.8 million, according to… Continue reading SG consumer products maker Believe’s losses nearly tripled in FY22
Beepberry is a Blackberry keyboard tinker toy from the founder of Pebble
Gadgets/ Tech / The Beepberry is a $79 custom pocket computer with a real Blackberry keyboard. It’s designed to run the Beeper messenger app, but can be hacked to do most anything. By Umar Shakir, a news writer fond of the electric vehicle lifestyle and things that plug in via USB-C. He spent over 15… Continue reading Beepberry is a Blackberry keyboard tinker toy from the founder of Pebble