Is the metaverse going to suck? A conversation with Matthew Ball

Let’s talk about the metaverse. You probably can’t stop hearing about it. It’s in startup pitches, in earnings reports, some companies are creating metaverse divisions, and Mark Zuckerberg changed Facebook’s name to Meta to signal that he’s shifting the entire company to focus on the metaverse. The problem, very simply, is that no one knows… Continue reading Is the metaverse going to suck? A conversation with Matthew Ball

B Capital closes $250m early-stage Ascent Fund IIThe fund invests in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups

Singapore- and US-based venture capital firm B Capital Group has closed its $250-million early-stage Ascent Fund II, according to a statement by the firm. The Ascent Fund II is B Capital’s “first dedicated early-stage fund”, investing in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups. The sectors it targets… Continue reading B Capital closes $250m early-stage Ascent Fund IIThe fund invests in pre-seed to Series A rounds globally, with an emphasis on US and Asian startups

Hummingbird leads $15m funding in Eka Care and other India deals

Eka Care, a healthcare technology company that manages health profiles, on Tuesday announced that it has raised $15 million in a Series A funding round led by Hummingbird Ventures. Other investors in the round include 3one4Capital, Mirae Assets, Verlinvest, Aditya Birla Ventures, Binny Bansal, Rohit MA, among others, the startup said in a statement. Go… Continue reading Hummingbird leads $15m funding in Eka Care and other India deals

China Digest: Immotor snags $28m round; Shanghai-listed Sokon raises $1.1b

Green energy technology startup Immotor Technology has closed $28 million in a Series C round. Separately, automaker Chongqing Sokon Industry Group has raised billions of Chinese yuan to shift its business focus to new energy vehicles. Green energy tech startup Immotor closes $28m round Chinese green energy technology startup Immotor Technology has raised $28 million… Continue reading China Digest: Immotor snags $28m round; Shanghai-listed Sokon raises $1.1b

Chevy’s first electric Blazer starts at $47K and offers FWD, RWD, or AWD options

Chevy is bringing the Blazer to its electric car lineup. The midsize crossover SUV is the latest of the GM brand’s gas cars to feature an all-electric version, joining the Chevy Equinox EV, Silverado EV, and GMC Hummer EV. Chevy isn’t going light on the options for the Blazer EV: buyers can choose between front-wheel… Continue reading Chevy’s first electric Blazer starts at $47K and offers FWD, RWD, or AWD options

Slow broadband? FCC wants to boost internet speeds from ‘harmful’ minimums

Image: Shutterstock / Antonio Guillem The current minimum measure for broadband is behind the times and, even worse, it’s harmful, warns the chairwoman of the US telecoms sector regulator, the Federal Communications Commission.  Jessica Rosenworcel, Joe Biden’s appointment for chair of the Federal Communications Commission (FCC), wants to raise the US’s national standard for minimum… Continue reading Slow broadband? FCC wants to boost internet speeds from ‘harmful’ minimums

Prime Day parties on with the discount on this future-proof Samsung 8K TV

Samsung Amazon Prime Day is over, but other vendors still have a number of summer savings worth checking out, including a $500 discount on the Samsung Neo QLED 8K Smart TV.  The sale is what Samsung calls “Black Friday in July,” a hat-tip to the upcoming week of sales in late November. For a limited… Continue reading Prime Day parties on with the discount on this future-proof Samsung 8K TV

Tesla is still looking to make a new smart HVAC system for homes

Tesla is still looking to make its own smart and efficient HVAC system for homes and it’s on the “product list” says CEO Elon Musk. Tesla has been putting a lot of effort to improve the air quality inside its electric cars, and it went as far as integrating a HEPA filter into its HVAC… Continue reading Tesla is still looking to make a new smart HVAC system for homes

Sequoia China leads $148m Series A round for auto chip maker SiEngine

Sequoia Capital China has led a Series A funding round of close to 1 billion yuan ($148.2 million) for auto tech startup SiEngine Technology, per an announcement. The fresh capital will allow SiEngine to invest in the delivery of its existing products at scale as well as the next-phase R&D of auto-grade chips with high… Continue reading Sequoia China leads $148m Series A round for auto chip maker SiEngine

Indonesian job platform Pintarnya bags $8m from East Ventures, Vertex Ventures

Pintarnya, a Jakarta-based digital platform that helps blue-collar workers find employment opportunities, announced the closing of its seed funding round on Tuesday after securing $8 million from East Ventures and Vertex Ventures Southeast Asia and India. The recent funding brings Pintarnya’s total seed round to $14.3 million — among the largest seed rounds in Southeast… Continue reading Indonesian job platform Pintarnya bags $8m from East Ventures, Vertex Ventures