Japanese middle-market private equity firm D Capital has hit the third close of its debut fund while Next Capital has acquired Compare Club, one of Australia’s largest comparison businesses. Japan’s D Capital hits third close of debut fund Japanese middle-market private equity firm D Capital has hit the third close of its debut fund at… Continue reading Asia Digest: D Capital hits third close on debut fund; Next Capital acquires Australia’s Compare Club
Category: Tech News
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Singapore’s GIC leads $60m funding in Indian EV maker Euler Motors
Singapore sovereign wealth fund GIC Pte has led a $60-million Series C funding round in Indian electric vehicle maker Euler Motors, the company announced on Tuesday. Blume Ventures, Athera Venture Partners (formerly Inventus India), QRG Holdings, ADB Ventures, and New Delhi-based startup Moglix joined the round. Euler Motors will use the funds to scale up… Continue reading Singapore’s GIC leads $60m funding in Indian EV maker Euler Motors
Indonesia’s SerMorpheus raises $2.5m to popularise Web 3.0
SerMorpheus, an Indonesian company tapping on Web 3.0 capabilities, has raised a $2.5 million seed round led by Intudo Ventures with participation from 500 Global, FEBE Ventures, AlphaLab Capital, BRI Ventures, and Caballeros Capital. The company, founded in January this year, aspires to become a no-code Web 3.0 platform, helping brands and creators develop NFTs… Continue reading Indonesia’s SerMorpheus raises $2.5m to popularise Web 3.0
GIC backs Indian EV startup Euler Motors in $60 million funding
Euler Motors, an Indian startup that designs and builds commercial electric vehicles, has raised $60 million in a new funding round as it works to ramp up its production capacity and broaden its offerings. Singapore’s sovereign fund GIC led the New Delhi-headquartered startup’s Series C funding. Blume Ventures, Athera Venture Partners, QRG, ADB Ventures and… Continue reading GIC backs Indian EV startup Euler Motors in $60 million funding
‘The Onion’ filed a real brief with the Supreme Court supporting man jailed for making fun of cops
When was the last time you’ve read an amicus brief? If you’re not involved in the legal profession, chances are you may have never actually spent precious time reading one. This amicus brief (PDF) could change that. It was submitted by The Onion, which describes itself in the brief as “the world’s leading news publication”… Continue reading ‘The Onion’ filed a real brief with the Supreme Court supporting man jailed for making fun of cops
Cleantechnica: Sweden’s BEVs Take Over Third Of Market 002287
Sweden’s plugin electric vehicle share recovered in September, gaining 55.2% of the auto market, from 53.9% a year ago. Full electrics saw 35.3% share, their 2nd highest ever from last December. Plugin hybrids fell slightly year on year. Overall auto volumes were down 3% YoY, and some 21% down from pre-2020 seasonal norms. The bestselling… Continue reading Cleantechnica: Sweden’s BEVs Take Over Third Of Market 002287
Elon Musk Fans Horrified as He Suggests Ukraine Give in to Putin’s Demands
In an uncharacteristically brazen Twitter outpour, Tesla CEO Elon Musk suggested that Ukraine should give up parts of its territories and other rights to reach a peace agreement with Russia — or else risk a bloody end to the conflict, culminating in a full blown “nuclear war.” In short, even for Musk, it’s exactly the… Continue reading Elon Musk Fans Horrified as He Suggests Ukraine Give in to Putin’s Demands
US Military Criticized for Dumping Sewage Into Hawaiian Ocean
This is unconscionable. Smell Grant The US military keeps dumping wastewater into Hawaii’s Pearl Harbor — and the locals are, understandably, pissed. As the Honolulu Civil Beat reports, the famous harbor is now an Environmental Protection Agency-identified Superfund site thanks to a busted Naval wastewater line that released more than 1,000 gallons of raw sewage into… Continue reading US Military Criticized for Dumping Sewage Into Hawaiian Ocean
Elon Musk’s Half-Baked Robot Is a Clunky First Step
Some robot experts watching saw a project that appeared to be quickly getting up to speed. “There’s nothing fundamentally groundbreaking, but they are doing cool stuff,” says Stefanie Tellex, an assistant professor at Brown University. Henrik Christensen, who researches robotics and AI at UC Davis, calls Tesla’s homegrown humanoid “a good initial design,” but adds… Continue reading Elon Musk’s Half-Baked Robot Is a Clunky First Step
Success on Twitch No Longer Comes on Twitch
Streaming is precarious labor, explains Jamie Woodcock, a senior lecturer at the University of Essex. In 2017, he coauthored a paper examining the tensions inherent in turning it into a livelihood. Even five years ago it was already evident that Twitch’s user base was a pyramid, one where only a lucky few yielded all the… Continue reading Success on Twitch No Longer Comes on Twitch