Chinese venture capital firm 01VC has hit the first close of its third US dollar fund at over $60 million as it seeks to double down on investments in its focused areas like enterprise SaaS. The VC, which is targeting a hard cap of $100 million for the vehicle, is looking to achieve final close… Continue reading [Update] China’s 01VC hits first close of USD Fund III at over $60m, targets $100m hard capThe Lalamove-backer is targeting a final close in the first…
Category: Tech News
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Australia’s Investible plans $200m growth fund, hits first close of climate tech vehicle
Australian early-stage investor Investible is planning to launch a $200-million, growth-stage fund later this year to back winners in its portfolio and to capture opportunities in the Series A-C stages, a top executive told DealStreetAsia. “We are in the process of developing our next fund, which will be a Global Opportunities Fund. The fund will… Continue reading Australia’s Investible plans $200m growth fund, hits first close of climate tech vehicle
Japan’s solar businesses eye SE Asian rooftops seeing demand for green energy
Japanese companies aim to install solar panels on rooftops in Southeast Asia, anticipating demand for stable green energy sources in a region that has long relied heavily on fossil fuels. Tokyo Electric Power Co. Holdings will set up solar panels generating about 3,800 kilowatts at an industrial park of a Thai company that makes hard-disk… Continue reading Japan’s solar businesses eye SE Asian rooftops seeing demand for green energy
India: Investors flock to launch debut vehicles amid funding slowdown
Even as the startup ecosystem in India is currently staring at a funding winter, as many as 14 investors have launched their maiden funds in the country, signaling their belief in the long-term growth story. According to data available with research firm Venture Intelligence, private equity (PE) and venture capital (VC) firms amassed a whopping… Continue reading India: Investors flock to launch debut vehicles amid funding slowdown
Thailand’s True Digital buys majority stake in Cambodian startup Khmerhome
Thai tech firm True Digital Group has invested $3 million in Cambodian real estate marketplace startup Khmerhome to become its majority stakeholder, according to regulatory filings. Khmerhome’s recent filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), accessed by DealStreetAsia – DATA VANTAGE, showed that the investment was part of its Series B funding round.… Continue reading Thailand’s True Digital buys majority stake in Cambodian startup Khmerhome
Hyundai N’s ‘rolling labs’ imagine performance EVs that aren’t so boring
Hyundai’s hoping to keep car culture alive with its two performance-focused electric vehicle (EV) concepts it calls “rolling labs.” The RN22e features a modified Ioniq 6 body, and the N Vision 74 is modeled after the never-released 1974 Pony Coupe concept — but both feature a refreshing sporty design that doesn’t look like some sort… Continue reading Hyundai N’s ‘rolling labs’ imagine performance EVs that aren’t so boring
Elon Musk says we should see Steam running on Teslas soon
Tesla’s apparently looking to expand its collection of in-car games… by adding Steam. In a reply to a tweet, Tesla CEO Elon Musk said the company’s “making progress with Steam integration” and that we can expect a demo “probably next month.” Tesla already offers a number of games through the built-in Tesla Arcade, like Cuphead… Continue reading Elon Musk says we should see Steam running on Teslas soon
Best Kindles in 2022
The best Kindles will help you get more reading done, while allowing you to carry an entire bookcase’s worth of books in your backpack. The word “Kindle” has become synonymous with “e-reader,” and testing a couple of models for ourselves has helped us understand why. Every Kindle we tested felt great in the hand, had… Continue reading Best Kindles in 2022
Bill Gates Says Sorry the World Isn’t Going So Great
Tell us something we don’t know, guy! Blue Bill If you’re upset about the current state of world affairs, you’re not alone. Billionaire Microsoft founder Bill Gates is also bummed, and in a series of depressing tweets, the philanthropist reminded us why. “The pandemic is one of the biggest setbacks in history,” he gloomily mused. “The… Continue reading Bill Gates Says Sorry the World Isn’t Going So Great
Cops Keep Having Impossible Fentanyl “Seizures” on Camera For Some Reason
Image by KCTV/Kansas Police Department It’s become a meme at this point: videos of cops having what appear to be seizures or other serious physical reactions when they just so happen to touch a small amount of fentanyl, a purported transdermal overdose that seems to always happen in front of another cop’s smartphone camera. The… Continue reading Cops Keep Having Impossible Fentanyl “Seizures” on Camera For Some Reason