Archive for the ‘General’ Category

Venture Capital Funding Report Q2 2018

PricewaterhouseCoopers and CB Insights’ Q2 2018 MoneyTree report highlights the latest trends in venture capital funding globally: Dollars were up 2% in Q2’18 as a record $23B was invested across 1,416 deals. 45 mega-rounds of $100M or more contributed to the strong quarterly funding total. Total quarterly funding to Asia-based companies increased 10% in Q2’18 as […]

Alibaba’s Jack Ma partners with Chinese VC Ganesh Ventures to invest $250mn in Indian startups

Ganesh Ventures is all set to make an aggressive India entry as they announce their plans to invest $250 million. The company also becomes a strategic partner of Jack Ma’s eWTP Ecosystem Fund. The fund aims to invest the amount in Indian startups across sectors like TMT, consumer products, fintech and health-tech over the next […]

Chinese Luckin Coffee Raises $200M Series A Round From GIC At Unicorn Valuation

Beijing-based on-demand coffee delivery service start-up Luckin Coffee has completed US$200 million series A round of financing from Singapore’s sovereign wealth fund GIC, China’s Legend Capital, Joy Capital, and Centurium Capital. This fundraising round values Luckin Coffee at US$1 billion, reaching a unicorn valuation. According to International Coffee Organization’s report, China’s coffee consumption in 2015 […]

Investment flows into Nordic startups from all directions

Across the Nordic region, leading Swedish, Danish, Norwegian and Finnish private equity firms are showing an increasing level of interest in startups and maturing IT enterprises developing products in areas including digital finance and artificial intelligence. The higher level of capital invested by private equity firms in IT startups mirrors a parallel development where leading banks […]

VC investors explain why founders shouldn’t care about the funding climate

Pieter Kemps from Sequoia, Saemin Ahn from Rakuten Ventures, Hian Goh from NSI Ventures, and Chua Kee Lock from Vertex Ventures discussed the future of venture capital funding in Southeast Asia at the Tech in Asia 2017 conference in Singapore. Watch the video

These are the 61 most innovative startups in the world

Innovation doesn’t just belong to Silicon Valley — it comes from everywhere. That’s the message from the World Economic Forum sent with its annual list of the most innovative companies in the world. The list includes 61 early-stage companies whose technologies are “world changing.” Many of the companies listed are utilizing artificial intelligence, as well as […]

Meet the 50 top-funded startups and tech companies in Southeast Asia

Which Southeast Asian startups will pioneer a new economy? One way to judge – although imperfect – would be the amount of money they have raised. Using its data, Tech in Asia has generated a constantly updated list of 50 startups and tech companies in Southeast Asia who have raised the most money from investors […]

How long does it take to become a unicorn?

Globally there are now 241 unicorn companies in existence – and combined they’re worth a staggering $818bn. New research from Compare the Market has found that on average it has taken seven years from launch to grow these companies into unicorns. However 19 made it to $1bn in less than a year – an incredible […]

Europe’s newest unicorn is a process-mining startup founded by German students

Munich’s status as Germany’s second tech hub got a boost today after process-mining startup Celonis announced it had secured $50 million in venture capital to become the newest unicorn in the country. Celonis was started in 2011. The company’s goal is to help its clients optimize their business operations, by using what it calls “process mining” […]

India’s newest unicorn is disrupting a 200-year-old industry

A 10-year-old Gurugram-based online insurance aggregator PolicyBazaar has joined the growing list of Indian unicorns. The company said it had raised over $200 million (Rs1,330 crore) in a funding round led by Softbank, with participation from existing investors, including InfoEdge, which operates job site Naukri.com. PolicyBazaar aggregates insurance plans and serves as a marketplace for policies. It […]