Australia’s Infomedia has received a preliminary buyout offer while GD1 joins as the lead investor in a new fund from fellow New Zealand VC firm Phase One Ventures. Meanwhile, Bangladesh-based agri platform iFarmer completed its pre-Series A round. Battery Ventures bids $471m for Infomedia Australia-listed SaaS player Infomedia Ltd has received a A$657.6 million ($466.76… Continue reading Asia Digest: Infomedia buyout offer; GD1 backs tech fund; iFarmer fundraise …
Category: Tech News
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Euphoria over, SE Asia’s dozen first-time fund managers will be put to test
As the Southeast Asian private equity (PE) and venture capital (VC) industry comes of age, fundraising has become more vibrant, including activity by first-time funds focusing on the region. However, the ongoing turbulence in the market will put emerging managers to test. A dozen new-to-market PE and VC vehicles announced their first or final close… Continue reading Euphoria over, SE Asia’s dozen first-time fund managers will be put to test
SBI Ven Cap to invest in 12-16 startups with latest digital innovation fund
Japan’s fintech conglomerate SBI Holdings recently launched a digital innovation fund with a target of $75 million. The fund will be managed by SBI Ven Capital (SBIVC), the venture capital arm of SBI Holdings, with general partners including South Korea’s Kyobo Securities and NTUitive, the commercialisation arm of Nanyang Technological University. SBIVC was founded in… Continue reading SBI Ven Cap to invest in 12-16 startups with latest digital innovation fund
Facebook and Instagram’s parent company will change its stock ticker to META on June 9th
When the company formerly known as Facebook announced its plan to rebrand last October, it also announced a new stock ticker. At the time, execs said that after ten years as FB, its NASDAQ listing would transition to MVRS for the metaverse. However, after the investment fund listed under META vacated the symbol in January,… Continue reading Facebook and Instagram’s parent company will change its stock ticker to META on June 9th
Chick-fil-A taps Refraction AI for autonomous delivery pilot
When Refraction AI was founded in 2019, its goal was to use robotics to bring down the cost of last-mile delivery. Over the past couple of years, the startup has worked directly with restaurants in its hometown of Ann Arbor, Michigan, to offer its bike-lane bound robots as a logistics layer for customers, rather than… Continue reading Chick-fil-A taps Refraction AI for autonomous delivery pilot
DeLorean reveals Alpha 5, a performance EV with Back to the Future vibes
DeLorean released fresh details and images of its Alpha 5 EV, a gull-winged electric vehicle that the company’s owners hope will resurrect the long defunct brand and possibly set the direction for more electric models. The company’s — and the EV’s — big public moment won’t come until later this summer at the Monterey Car… Continue reading DeLorean reveals Alpha 5, a performance EV with Back to the Future vibes
How to save money when traveling abroad
High Rock Beach, Grand Bahama Jason Perlow/ZDNet Now that many countries are opening up their borders to travelers again, some of us are resuming our vacation schedules and are booking work trips. As the cost of living rises, so has the general price of everything from fuel to clothing, potentially making travel abroad more expensive.… Continue reading How to save money when traveling abroad
The push-button ignition was a luxurious way to start your car until it wasn’t
The first time I started a car by pressing a button, it felt too easy and convenient — like I had somehow stumbled into a tax bracket I don’t belong in. “You’re telling me,” I thought, “that I can just leave my keys in my pocket, and the car will let me get in and… Continue reading The push-button ignition was a luxurious way to start your car until it wasn’t
Awesome Woman Destroys “Predatory” Crypto Scams by Shaming Them to Death
“People are putting in money that they can’t afford to lose.” Crypto Cop Web3 sure is going great — just ask Molly White, a researcher who’s putting the worst of crypto on blast for the whole world to see. In a new interview with the Washington Post, White, an avid Wikipedia editor in her spare time,… Continue reading Awesome Woman Destroys “Predatory” Crypto Scams by Shaming Them to Death
Best Energy-Efficient Light Bulbs of 2022
Energy costs keep on rising, so any way we can reduce the impact is welcomed. Energy-efficient light bulbs use anywhere from 70 percent to 90 percent less electricity than standard incandescent bulbs. While the purchase price may be a little higher, they are invariably cheaper over their lifespan. That lifespan is also 10 to 25… Continue reading Best Energy-Efficient Light Bulbs of 2022