While Philippine accelerator Archipelago Labs has launched a $10-million fund for Web3 startups, Hong Kong revenue-based financier Choco Up has partnered with Dream Impact for a $5-million fund to help social-impact startups. A-Labs launches $10m fund for Web3 startups The Philippines-based startup accelerator Archipelago Labs (A-Labs) has launched a $10-million fund to back and support… Continue reading Asia Digest: Filipino accelerator launches $10m fund; Choco Up, Dream Impact team up for $5m fundA-Labs said it will be running its first cohort next …
Category: Tech News
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Motional and Lyft will launch a robotaxi service in Los Angeles
/ The AV operator is a joint venture between Hyundai and Aptiv. LA will be its second robotaxi market with Lyft, after launching a service in Las Vegas earlier this year. Motional, the autonomous vehicle joint venture between Hyundai and Aptiv, is bringing its robotaxis to Los Angeles, where they will be available to hail… Continue reading Motional and Lyft will launch a robotaxi service in Los Angeles
A quick look at Waymo’s custom, steering wheel-less robotaxi [Video]
A year after Waymo announced a custom robotaxi for its ride-hailing service, the Alphabet company today previewed the autonomous electric vehicle. The Google Self-Driving Car Project did have the custom “Firefly” that also lacked a steering wheel, but was just for testing. Waymo’s modern vehicles are the Chrysler Pacifica and Jaguar I-Pace with various cameras… Continue reading A quick look at Waymo’s custom, steering wheel-less robotaxi [Video]
Chinese asset manager CDH’s unit launches maiden USD-denominated QFLP fundThe QFLP fund counts IFC as one of its major investors
CDH Mezzanine and Credit, a unit of Chinese asset manager CDH Investments, has started making the first tranche of investments from its maiden USD-denominated Qualified Foreign Limited Partners (QFLP) fund, the company said in a WeChat post. The QFLP fund counts the World Bank-affiliated International Finance Corporation (IFC) as one of its major investors Go… Continue reading Chinese asset manager CDH’s unit launches maiden USD-denominated QFLP fundThe QFLP fund counts IFC as one of its major investors
Edelweiss raises $282m for maiden energy infrastructure investment trust
Edelweiss Real Assets Managers Ltd, a unit of Edelweiss Alternatives, on Wednesday said it has raised $282 million (Rs 2,300 crore) under AnZen India Energy Yield Plus Trust, its maiden energy infrastructure investment trust. The fundraising of AnZen Trust was through private placement and received an encouraging response from a diversified set of institutional and… Continue reading Edelweiss raises $282m for maiden energy infrastructure investment trust
Female-led PE firm Aliph Capital buys The Pet Shop under first fund
Abu Dhabi-based Aliph Capital, the Middle East’s first female-led private equity firm, said on Thursday it had completed a 100% buyout of UAE business The Pet Shop from Kasamar Holdings. The investment, the value of which was not disclosed, is the first under the firm’s Aliph Fund I (LP), in which Abu Dhabi sovereign wealth… Continue reading Female-led PE firm Aliph Capital buys The Pet Shop under first fund
Stellantis is bringing its new all-electric Fiat 500e to North America in early 2024
Stellantis brand Fiat is coming back to the United States with its new all-electric 500e, a small urban vehicle that has been selling like hot cakes in Europe. The all-electric Fiat 500e is not like the original 500e, which was essentially a retro’d version of an internal combustion version of the same model. This time,… Continue reading Stellantis is bringing its new all-electric Fiat 500e to North America in early 2024
Toyota unveils all-electric SUV concept under its ‘Beyond Zero’ badge
Toyota unveiled Wednesday an all-electric SUV concept with plant-based seating and an AI “personal” assistant as the automaker expands its “beyond zero” portfolio. The bZ compact crossover concept that debuted at the Los Angeles Auto Show is meant to showcase Toyota’s vision for its battery-electric future. Toyota has said it plans to launch 30 fully… Continue reading Toyota unveils all-electric SUV concept under its ‘Beyond Zero’ badge
The new 2023 Toyota Prius plays up power, not fuel economy
Toyota is beefing up the fuel-sipping Prius hybrid, adding more power and quicker acceleration to appeal to a wider range of car shoppers in an increasingly crowded market. The car created – and dominated – the segment when it launched in the U.S. 22 years ago. But the world’s first production hybrid car has steadily… Continue reading The new 2023 Toyota Prius plays up power, not fuel economy
Toyota’s 2023 Prius is the most fuel-efficient vehicle in the lineup
Toyota has unveiled the latest Prius at an event on the eve of the 2022 Los Angeles Auto Show, and it says the model is the most fuel-efficient entry in the lineup to date. The company designed the 2023 Prius, which will come in LE, XLE and Limited grades, with a low center of gravity,… Continue reading Toyota’s 2023 Prius is the most fuel-efficient vehicle in the lineup