Circle has picked up a stake in Taiwan’s CYBAVO from Singapore’s ADDX while while laser equipment maker Grace Laser has snapped almost $28 million in a funding round. Circle acquires ADDX’s stake in CYBAVO Singaporean private market exchange ADDX has sold its stake in Taiwan-based CYBAVO to crypto finance company Circle, the parent company of… Continue reading Greater China Digest: Circle picks up stake in CYBAVO; Grace Laser bags fundingADDX was an investor in CYBAVO’s $4m pre-Series A round in August 2021.
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Navis Capital Partners said to be raising $350m for maiden credit fund
Southeast Asia-focused private equity firm Navis Capital Partners is understood to be seeking around $350 million for its maiden credit fund. It had recruited BlackRock Asia credit business executive Justin Ferrier to lead its Asian credit platform, which was launched in July. The development was first reported by Reuters. DealStreetAsia has independently verified the news.… Continue reading Navis Capital Partners said to be raising $350m for maiden credit fund
Continuous glucose monitor startups still have to prove their worth
I have rarely, if ever, thought about my blood sugar. I think about sugar on occasion — the dentist demands it, and I get a headache when I eat an entire bag of Haribo dinosaur gummies. But a new spate of startups wants me, and everyone, to start thinking about our blood sugar all the… Continue reading Continuous glucose monitor startups still have to prove their worth
Huawei Mate 50 Pro review: The best smartphone you either can’t buy or probably won’t buy
Pros Smart design, solid build quality Excellent 120Hz OLED screen Innovative and very effective camera system High-end chipset delivers good performance IP68 dust/water resistance Cons No Google Mobile Services No 5G Durable Kunlun glass on Orange version only Expensive Huawei’s Mate smartphones regularly showcase cutting-edge design, build and features, and this year’s Mate 50 Pro… Continue reading Huawei Mate 50 Pro review: The best smartphone you either can’t buy or probably won’t buy
Tesla teases Apple Music integration coming soon
Tesla is teasing the integration of an Apple Music app into its vehicle software, and the info came from an interesting place. While most other automakers are turning to phone mirroring with Android Auto and Apple CarPlay to handle media playback inside their cars, Tesla is insisting on integrating music services and other apps directly… Continue reading Tesla teases Apple Music integration coming soon
Chinese carmakers target more European sales with affordable 5-star EVsChinese EV makers have already stolen a march on most foreign rivals in the dom…
Chinese electric vehicle (EV) makers have set their sights on winning over European drivers and large corporate customers with more affordable cars that come with top safety ratings and lots of high-tech features. In the last few months, several Chinese EVs have received five-star European New Car Assessment Programme (NCAP) ratings – an achievement that… Continue reading Chinese carmakers target more European sales with affordable 5-star EVsChinese EV makers have already stolen a march on most foreign rivals in the dom…
India Digest: NirogStreet raises $12m; ProcMart snags $10m
Ayurveda tech startup NirogStreet has received $12 million in a Series B round, while B2B procurement platform ProcMart has raised $10 million in its Series A round. Jungle Ventures leads NirogStreet’s round NirogStreet, an Ayurveda tech startup based in Delhi, India, has received $12 million in a Series B round of funding led by Jungle… Continue reading India Digest: NirogStreet raises $12m; ProcMart snags $10m
GoTo’s Q3 losses drop a tad, revenue triples on cost-cutting efforts
Indonesia-listed technology group PT GoTo Gojek Tokopedia Tbk managed to trim losses a tad in the July-September quarter as cost management efforts helped the company to meet some of its guidance ahead of time. GoTo’s losses in the third quarter of 2022 came in lower at 6.8 trillion rupiah ($432 million) compared with 7.6 trillion… Continue reading GoTo’s Q3 losses drop a tad, revenue triples on cost-cutting efforts
SG digital wealth manager Kristal.AI raises over $10m in pre-Series B round
Singapore-based digital private wealth management platform Kristal.AI has raised over $10 million in a pre-Series B funding round, the company announced in a press statement on Monday. The round, which saw the participation of existing investors such as Chiratae Ventures and the Sanadhya family along with new investors such as Stride Ventures, has pushed its… Continue reading SG digital wealth manager Kristal.AI raises over $10m in pre-Series B round
These vibrating LG Display panels turn car dashboards and headrests into speakers
/ The passport-sized panels vibrate to produce a ‘rich, 3D immersive sound experience.’ Commercialization begins in the first half of 2023. LG Display’s Thin Actuator Sound Solution is just 30 percent of the weight and 10 percent of the thickness of a conventional car speaker.Image: LG Display LG Display has developed a new “invisible” speaker… Continue reading These vibrating LG Display panels turn car dashboards and headrests into speakers