Category: Tech News

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Singapore-based VC True Global Ventures closes fourth fund at over $100m …

Singapore-based venture capital firm True Global Ventures (TGV) has made the final close of its fourth fund at more than $100 million, the firm announced on Wednesday. TGV 4 Plus, a blockchain-focused equity fund, was launched in 2019 with its general partners pitching in the initial $12 million, TGV partner Kelly Choo told DealStreetAsia. After… Continue reading Singapore-based VC True Global Ventures closes fourth fund at over $100m …

VanMoof raises another $128M to become ‘most funded e-bike company in the world’

VanMoof just raised another $128 million in funding, after announcing a $40 million investment round in September 2020. That brings Amsterdam-based VanMoof’s total haul to $182 million raised in the last two years, excluding crowdfunding rounds in 2018 and 2019, making it “the most funded e-bike company in the world,” according to VanMoof. The company… Continue reading VanMoof raises another $128M to become ‘most funded e-bike company in the world’

VanMoof raises $128 million to become the world’s leading e-bike brand

Amsterdam-based startup VanMoof has raised a $128 million Series C funding round. The company designs and sells electric bikes that are quite popular in some markets. It now wants to become the world’s leading e-bike brand by iterating at a faster pace. Asia-based private equity firm Hillhouse Investment is leading the round, with Gillian Tans,… Continue reading VanMoof raises $128 million to become the world’s leading e-bike brand

Alexa will now speak louder if it detects a lot of background noise

Amazon has rolled out a new feature for Alexa that can make sure you hear what the voice assistant says even while the TV’s on or while people are talking. According to The Verge, the new feature called Adaptive Volume will make Alexa speak louder if it detects a lot of ambient noise. The goal,… Continue reading Alexa will now speak louder if it detects a lot of background noise

Twitch streamers are taking a day off to protest hate raids

Twitch streamers are planning to step away from the platform on September 1st for a day of protest, the Washington Post has reported. The #DayOffTwitch action aims to bring attention to a recent burst of harassment in the form of “hate raids” directed toward marginalized creators.  The day long walkout was spearheaded by Twitch streamers… Continue reading Twitch streamers are taking a day off to protest hate raids

Privacy advocates raise concerns about US-built biometric system for Afghans

The United States created a biometric system to register as many Afghans as possible over 15 years ago, and it’s become a cause for concern now that the Taliban has taken over. According to NBC News, privacy advocates are worried [PDF] about the possibility of the Taliban using the database to identify and target individuals… Continue reading Privacy advocates raise concerns about US-built biometric system for Afghans

India: Medical devices maker Healthium buys CareNow in third acquisition this year …

Healthium Medtech, a global player in medical devices, on Wednesday announced the acquisition of CareNow Medical Private Limited, strengthening its product portfolio with patented and differentiated products in the advanced wound management and infection prevention segments. This is the third acquisition by Healthium this calendar year. Earlier this year, Healthium had acquired the AbGel business… Continue reading India: Medical devices maker Healthium buys CareNow in third acquisition this year …

Chinese semiconductor firm Hefei SINEVA bags $93m led by CMBI, Cowin Capital

Hefei SINEVA Intelligent Equipment Co., Ltd, a maker of intelligent equipment based on semiconductors, has raised 600 million yuan ($93 million) in equity financing. The funding was jointly led by CMB International (CMBI), the Hong Kong subsidiary of China Merchants Bank; and Cowin Capital. Other investors in the round included US-based Walden International; Ping An’s… Continue reading Chinese semiconductor firm Hefei SINEVA bags $93m led by CMBI, Cowin Capital