Aicadium, a technology company founded by Temasek Holdings, has acquired Singapore-based artificial intelligence software firm BasisAI, according to a joint statement by the two firms. According to BasisAI’s filings with Singapore’s Accounting and Corporate Regulatory Authority (ACRA), its investor Sequoia India and three co-founders – Silvanus Lee, Linus Lee and Liu Feng-Yuan – sold their… Continue reading Temasek-owned Aicadium acquires Singapore’s AI software firm BasisAI …
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Matrix leads $6m funding in OTO Capital and 9 more India deal updates
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New Zealand’s Komodo, Pakistan’s Walee bag seed funding
New Zealand-based student well-being platform Komodo has snagged $1.27 million in a seed round led by Folklore Ventures, while Pakistani influencer marketing platform Walee has raised $2.7 million in a seed round from communications firm Z2C. Komodo raises $1.27m in seed funding New Zealand-based student well-being platform Komodo has raised NZ $1.8 million ($1.27 million)… Continue reading New Zealand’s Komodo, Pakistan’s Walee bag seed funding
Japanese venture investor Coral Capital raises $128m for third fund
Tokyo-based venture capital firm Coral Capital, formerly known as 500 Startups Japan, announced that it has reached the final close of its latest venture fund at $128 million. The new fund – Coral Capital III – will continue to invest in seed and early-stage companies in Japan. The vehicle, which will have a longer life,… Continue reading Japanese venture investor Coral Capital raises $128m for third fund
China’s market regulator proposes changes to e-commerce law
China’s market regulator proposed amendments to the country’s e-commerce law, saying that licences can be revoked if the platforms fail to take necessary measures against vendors who infringe intellectual property rights. The former version of the law says the platforms would be fined between 50,000 yuan and 2 million yuan for such offenses. The amendments are open for public review before Oct. 14, the State… Continue reading China’s market regulator proposes changes to e-commerce law
Here’s the robotaxi that will be available on the Lyft app in 2023
Motional, the autonomous vehicle company that is a joint venture between Hyundai and Aptiv, revealed more details about its forthcoming robotaxi as well as some of the first images of the vehicle. The company is also working with Lyft and says that by 2023, customers in certain cities will be able to hail rides in… Continue reading Here’s the robotaxi that will be available on the Lyft app in 2023
VanMoof adds manual gear shifting to S3 and X3 e-bikes
VanMoof has released a firmware update for its S3 and X3 e-bikes that allows for manual gear shifting. If you’re thinking that sounds like a pretty basic feature for a bicycle, you’d be right. But Vanmoof’s latest bikes have fully automatic four-gear shifters, and until now, there was no way to change gears yourself. The… Continue reading VanMoof adds manual gear shifting to S3 and X3 e-bikes
HBO Max and YouTube are now available on Spectrum TV
Spectrum TV has made major streaming service additions to its digital cable service and live TV app with HBO Max and YouTube, parent Charter has announced. You’ll be able to access both apps on channels 2004 for HBO Max and 2003 for YouTube, or on the platform’s guide via the search or apps menu. You’ll… Continue reading HBO Max and YouTube are now available on Spectrum TV
#AppleToo starts publishing employees’ toxic workplace stories
A group of current and former Apple workers recently banded together and called for colleagues to share stories of discrimination, harassment and retaliation they’d experienced within the company. As of August 27th, the group called #AppleToo said it has collected 500 such stories — now, it has started publishing them on its official Medium page.… Continue reading #AppleToo starts publishing employees’ toxic workplace stories
Asia Digest: Quadrant PE raises $390m for latest fund; Toranotec secures $26.4m …
Australia’s Quadrant Private Equity has reportedly closed its second growth capital fund at $390 million while Japanese fintech firm Toranotec secured $26.4 million in its Series C funding round. Australia’s Quadrant PE raises $390m for second growth capital fund Quadrant Private Equity, one of Australia’s busiest buyout firms, has secured A$530 million ($390 million) in… Continue reading Asia Digest: Quadrant PE raises $390m for latest fund; Toranotec secures $26.4m …