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CIFDAQ COO Jay Hao shares insights on capital raising for Web3 startupsWeb3 startups have raised over $5.4 billion in venture capital during the first three quarters of 2024. This figure reflects a significant investment trend, with $1.4 billion raised in the third quarter alone. Investors are increasingly targeting emerging markets at the intersection of blockchain and artificial intelligence (AI). Projects focused on decentralized blockchain infrastructure have...
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Cradle and KLDX team up to introduce alternative fundraising platform for Malaysian startupsCradle Fund Sdn Bhd (Cradle), the focal agency for Malaysia’s startup ecosystem, has partnered with Kapital DX Sdn Bhd (KLDX), a local digital securities exchange platform, to provide Malaysian startups with an alternative avenue for fundraising. This partnership offers startups greater flexibility in choosing funding options that align with their unique needs, enabling companies that...0 Comments 0 Shares 1K Views 0 Reviews
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Deals in brief: Portcast raises USD 6.5 million, Secai Marche nets additional Series A funding, Boman Group charts new fund for Australian startups, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Portcast raises USD 6.5 million to automate supply chain decisions Portcast, a Singapore-based logistics tech startup, has closed a USD 6.5 million Series A round led by Susquehanna Asia VC, with participation from Hearst Ventures and Signal Ventures, among other investors. Portcast’s platform provides...0 Comments 0 Shares 2K Views 0 Reviews
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Inside 4 startups using tech to save marine biodiversityThere’s a reason why ocean conservation is a hot-ticket issue in the environmental sector. Marine biodiversity is crucial to people and the planet but is dwindling rapidly. Fortunately, numerous startup businesses are developing new technologies to address the problem head-on. Why does marine biodiversity need saving? Although the World Register of Marine Species has identified 238,165...0 Comments 0 Shares 1K Views 0 Reviews
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Japan’s startups find new pathways to global markets at SWITCHJapanese startups made a strong impression at this year’s SWITCH, unveiling innovative tech solutions primed for global applications. Japanese municipalities are stepping up their support for startups, with an intensified focus on helping innovators connect with global markets. In late October, representatives from Tokyo, Kansai, Aichi, Fukuoka, and Yokohama joined forces at the...0 Comments 0 Shares 2K Views 0 Reviews
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Robotics startups face pecking order struggles as hardware and AI camps clashDeep divides between hardware builders and software developers reveal a fragmented robotics field, even as integration emerges as key to future success. 2024 has been a watershed year for robotics. With advancements in large models and embodied intelligence, a new generation of startups has emerged. Yet, interviews conducted by 36Kr reveal a peculiar pecking order in this rapidly...0 Comments 0 Shares 815 Views 0 Reviews
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Startups need a better data governance strategyData has become the bedrock of the digital world. Organizations collect and use it to learn about their clientele, and customers provide personal details in exchange for improved and personalized services. Beyond being a trend, data governance is now standard in many industries. However, many enterprises, especially startups, tend to minimize data governance efforts to prioritize other aspects...0 Comments 0 Shares 1K Views 0 Reviews
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[Discover Vietnam Tech] Dynamic regulatory environment and its impact on startupsEditor’s note: Discover Vietnam Tech is a new series where we dive deep into the vibrant and rapidly growing tech and innovation ecosystem of Vietnam. In this collection of interviews and editorials, we will spotlight key players—entrepreneurs, innovators, and thought leaders—who are driving the country’s emergence as a global tech hub. Through candid conversations with...0 Comments 0 Shares 1K Views 0 Reviews
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Deals in brief: Fleet Space raises Series D funding to expand platform reach, Citigroup backs Astra Tech with USD 500 million, latest China deals, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Fleet Space raises AUD 150 million to expand ExoSphere’s reach Fleet Space Technologies, an Adelaide-based space exploration company, has raised AUD 150 million (USD 96.2 million) in a Series D funding round led by Teachers’ Venture Growth (TVG). The round included returning investors such as...0 Comments 0 Shares 313 Views 0 Reviews
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Deals in brief: Singapore-based Omni HR raises fresh funding, Kamereo backed to expand in Vietnam, Luma AI lands USD 90 million, and moreBringing you the latest updates on funding deals and activities in the Asia Pacific. Omni HR raises USD 7.4 million to advance HR management in APAC Omni HR, a Singapore-based human resources management platform, has secured USD 7.4 million in a funding round led by Picus Capital, with participation from Alpha JWC Ventures, January Capital, and Ratio Ventures. This brings the company’s...0 Comments 0 Shares 715 Views 0 Reviews
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Malaysia Venture Forum 2024 opens in KL, brings together public & private sectors to discuss future of VC ecosystemThe 2024 edition of the Malaysia Venture Forum opened on Tuesday, bringing together key stakeholders from the public and private sectors to discuss the future of Malaysia’s venture capital (VC) ecosystem. The forum was officiated by Amir Hamzah Azizan, Minister of Finance II, who stressed the role of VC in driving innovation, economic growth, and job creation, according to a statement....
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