Accelerators & Incubators
Policy & Regulation
Singapore-Based Delivery Firm Foodpanda Launches in Japan
The initial rollout will cover Kobe, Yokohama, and Nagoya from September 17, and Sapporo, Fukuoka, and Hiroshima from October 1.
Softbank Vision Fund
SoftBank Vision Fund’s gains wiped out with USD 16.7 billion loss
USD 100 billion investment vehicle turns net negative after WeWork and other woes.
Japan's Marubeni Backs Airplane Parts Marketplace ePlane in $9 Million Round
On ePlane's marketplace, users can search for aircraft parts and repair services, compare prices, and communicate with vetted sellers and buyers.
Japan’s SoftBank plans to sell $14b in Alibaba shares
SoftBank Group Corp. plans to sell about $14 billion in shares of Chinese e-commerce giant Alibaba Group Holding Ltd.
Strive hits final close of Asia-focused fund at over $100m
Launched in April 2019, the fund is being deployed into seed-stage opportunities in the business-to-business sector across Southeast Asia, India, and Japan.
Toyota Tsusho & Google Bet On Another African Mobility Startup As SA’s WhereIsMyTransport Closes USD 7.5 Mn Series A
WhereIsMyTransport was founded in 2016 and the company is a big data platform for seamless mobility in emerging markets.
AI-driven healthcare analytics startup Tricog raises $10.5M in Series B round
The funding will be used by the Bengaluru-based startup to expand the product line for remote patient monitoring and to establish a strong presence in Asia and Africa, including India, Japan and China.
Japan Post Capital leads $26.4m funding in SG’s AnyMind Group
AnyMind Group, which was previously known as AdAsia Holdings, was formed in January 2018.
SoftBank Closed Two $1b Investments in Chinese Property Mkt: DJ
SoftBank’s Vision Fund invested $1 billion in online real-estate portal Beike part of broader funding.
by Finance Yahoo
Japan’s Hoya Corporation Backs Medical Device Startup Anchora Medical
Anchora Medical develops single-use suturing devices used to bring soft tissue into the desired placement during open and minimally invasive surgeries.
Self-driving startup Pony.ai raises $500m in Toyota-led funding
The latest fundraising values the three-year-old firm, already backed by Sequoia Capital China and Beijing Kunlun Tech Co, at around $3 billion
SE Asian ride-hailer Grab raising $856m from Japan’s MUFG, TIS
The fund will use the funding to offer lending, insurance and wealth management products and services for Southeast Asian consumers and small and medium-sized enterprises.
Grab reportedly receives USD 726 million funding from Japan’s MUFG
The newly formed partnership aims at offering new financial services through apps.
Cyber-threat analytics platform CYFIRMA secures Series A funding from Z3Partners
Also, Facebook collaborates with Sequoia India’s Surge for its fourth VC Brand Incubator.
Robot Companion Startup Intuition Robotics Raises $36 Million
The company develops ElliQ, a social robotic companion for the elderly, designed to encourage an active and engaged lifestyle
Japanese insurer Tokio Marine merges Thai unit with IAG’s Safety Insurance
Tokio Marine Insurance Thailand Pcl, the Thai subsidiary of Japan’s oldest insurance group Tokio Marine, has merged with Safety Insurance Pcl, to create a new entity – Tokio Marine Safety Insurance Thailand (TMSTH).
Singapore’s Vertex Holdings taps Japanese investors to widen reach
Vertex was established more than 30 years ago as a unit of Singapore Technologies and later became the venture capital arm of Temasek.
Global Brain backs SG-based AI solutions provider GTRIIP’s Series B funding
Founded in 2014, GTRIIP’s solution uses artificial intelligence (AI) and machine learning to automatically verify photo IDs and owners.
Softbank offers to invest USD 40 billion in Indonesia’s new capital
The construction of the new capital will start later this year.
SoftBank’s Biggest Backer May Pull Out Of Vision Fund 2
SoftBank portfolio companies are facing layoffs at present.
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