Tokyo-based Atonarp, a high-molecular diagnostics firm, has raised $33 million in a Series C funding round. The round, which Atonarp has announced was oversubscribed, introduced five new investors to the company including…
Protected: 2019 Red Herring Top 100 Asia Logistics
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Thai Workplace App Eko Wins $20m Funding Round
Bangkok-based workplace app firm Eko has secured a $20 million Series B funding round, as it expands into the European market with a London office. The round was led by Indonesian VC…
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Anger in Israel as Airbnb Bans Settlement Properties from Site
Airbnb will pull property listings in the Israeli-occupied West Bank, prompting a political backlash in Jerusalem. The vacation rental firm had come under criticism for failing to mention that dozens of homes…
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Deals of the Week: Hashicorp goes Unicorn, Chinese Coffee Burns Cash and Grab Gets Bumper Funding
Hashicorp: The Young, Hot Startup Worth $1.9 Billion Hashicorp is an open-source software firm that has quickly gained traction. Last Thursday, investors stumped up $100 million that valued the company at $1.9 billion.…
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How Sefamerve Aims to Master the $254bn Islamic Fashion Market
Islamic fashion, oftentimes known as modest fashion, is a $254 billion market. Perhaps it’s surprising, then, that so few startups have made a successful go at dominating it. Sefamerve, a Turkish e-commerce…
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Temasek Acquires Israeli Cybersecurity Firm Sygnia for $250m
Temasek, Singapore’s state-controlled investment vehicle, has acquired Israeli cybersecurity company Sygnia for around $250 million. Sygnia, headquartered in Tel Aviv, only came out of stealth last year. It was launched in 2015…
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SoftBank Takes Massive Hit on Stock Tumble, and Saudi Khashoggi Outcry
Japan’s SoftBank Group Corp has devalued by as much as $22 billion, on the back of a global tech stock tumble, and ongoing outrage over Saudi Arabia’s alleged slaying of a prominent…
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Progress Speeds Up on Dubai to Abu Dhabi UAE Hyperloop
Five years after Elon Musk imagined the Hyperloop, two companies are vying to make it a reality between the United Arab Emirates’ two most prominent cities. The proposed Hyperloop between Dubai and…
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Here Are Macau’s Three Most Exciting Startups
Hong Kong may be recognized as the tech darling of China’s south coast. But its sister territory, just a four-hour ferry across the Zhujiang River Estuary, has a startup scene of its…