Early-stage Chinese venture capital firm Sky9 Capital has so far raised an aggregate of $239 million from US investors for its two new funds, its filings with the US Securities and Exchange Commission (SEC) showed. Sky9 Capital, which has been investing in sectors such as consumer internet, enterprise services, and deep technology in China, disclosed… Continue reading China’s Sky9 Capital raises $239m so far from US investors for latest fundsFund V has raised $178.7m while MVP Fund II secured $60.1m so far.
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SG mental health startup Intellect secures $10m in Series A extension led by Tiger Global
Singapore-headquartered mental health start-up Intellect has raised an additional $10 million in a Series A extension led by Tiger Global, per its announcement on Tuesday. This brings the total funds raised by Intellect in its Series A round to $20 million. The round also saw participation from existing investors Insignia Ventures Partners and HOF Capital… Continue reading SG mental health startup Intellect secures $10m in Series A extension led by Tiger Global
Data Vantage: TWID continues fundraising, ASTRO and Glance get money in the bank
TWID, a rewards-based payments company headquartered in Singapore and Bengaluru, received $7 million in fresh funding last week, according to regulatory filings. Rakuten Capital provided nearly $3 million, while the rest came from BEENEXT, Surge, January Capital, and ICMG Partners. The startup had earlier secured $2.5 million from Google at the same share price. The… Continue reading Data Vantage: TWID continues fundraising, ASTRO and Glance get money in the bank
Cleantechnica: Tesla Leads June EV Sales Surge In China 002104
China’s wholesale sales of new energy passenger vehicles reached 571,000 units in June, surpassing last December’s 505,000 units, according to data released by the China Passenger Car Association this week. Retail sales topped 532,000 vehicles. CNEvPost reports that in June, battery electric vehicles accounted for the vast majority of new energy vehicle (NEV) sales, with… Continue reading Cleantechnica: Tesla Leads June EV Sales Surge In China 002104
The First Full-Color James Webb Image Just Dropped, and It’s Beautiful
Woah. First Light We’ve never seen the universe this way before. President Joe Biden and vice president Kamala Harris just showed off the first full-color image from NASA’s uber-expensive James Webb Space Telescope — and we’re absolutely blown away. The fascinating image — the highest-resolution view of the infrared spectrum ever produced — shows “just… Continue reading The First Full-Color James Webb Image Just Dropped, and It’s Beautiful
This Horror Story About the Webb Telescope Will Chill Your Bones
While most of the science world is thrilled over the highest-ever resolution images that are about to be released by the newly-aligned James Webb Space Telescope, one fictitious horror story making the rounds might give you pause about looking into the beyond. Imagine, if you will, the scariest types of secrets a NASA employee could… Continue reading This Horror Story About the Webb Telescope Will Chill Your Bones
Most Investors Think Bitcoin’s Value Will Get Chopped in Half Again
Ouch. Life Support Bitcoin’s horrible year is about to get a lot worse, Bloomberg reports, with 60 percent of investors who responded to a recent market survey saying they expect the value of the cryptocurrency to plunge down to just $10,000. That would be a devastatingly long fall from the token’s once lofty highs of… Continue reading Most Investors Think Bitcoin’s Value Will Get Chopped in Half Again
Target ‘Deal Days’ 2022: The 17 Best Deals We Found
There’s no place like Target. While shopping online doesn’t instill the same frenzy as getting lost in Bullseye’s Playground, the Target Deal Days sale still offers an exciting excuse to browse the virtual aisles. (As if any of us ever needed another excuse to make a quick Target run.) The sale runs through July 13,… Continue reading Target ‘Deal Days’ 2022: The 17 Best Deals We Found
As Elon Musk Walks, Twitter Workers Say No One’s in Charge
A number of executives have already left the company in the wake of Musk launching his takeover bid, impacting countless others further down the food chain. “The feeling internally is that people have been applying for jobs, and they’re going to keep applying for jobs,” says the first Twitter staffer. Employees say they felt particularly… Continue reading As Elon Musk Walks, Twitter Workers Say No One’s in Charge
FTC says it will pursue companies that exploit location and health data
In the wake of new privacy concerns post-Roe, the FTC has warned companies and data brokers that it would crack down on any misuse of health and location data. The agency stopped short of detailing any new steps to safeguard sensitive reproductive health data but stressed it would hunt down companies that break existing data… Continue reading FTC says it will pursue companies that exploit location and health data