Red Herring spoke to David (Hyesung) Shin, the CEO and co-founder of wadiz, the largest crowdfunding platform in Korea. What is the story of the founding of the company in 2012? wadiz…
Broadband Startup Isotropic Systems Gets $42m Injection from Aerospace Heavyweights
British broadband terminal startup Isotropic has won a $42 million funding round, which it says brings the firm closer to its first commercial product rollout. The round, led by satellite company SES,…
Singapore’s Cialfo Closes $15m Series A Funding Extension
Singapore-based edtech startup Cialfo, which uses data to streamline college and career workflows, has extended its Series A funding round to the tune of $15 million. The new round, spearheaded by Vulcan…
Saudi Startup Foodics Gets $20m Cash Injection
Saudi Arabian firm Foodics, which has created an all-in-one restaurant management system, has raised a $20 million Series B funding round, as it bids to expand into the micro-lending industry. The 2014-founded…
GameStop Stock Fiasco Shows Need to Reframe Tech Employment Debate
A raft of market watchdogs has warned investors in GameStop—many of whom are homespun traders using Reddit or Robinhood—may be in danger of breaking the law. Shares in the video gaming retailer…
The Top Three Aotearoa New Zealand Startups to Look Out For in 2021
Thanks to a quick-witted government, compliant population and geographical fortitude, Aotearoa New Zealand (Aotearoa is the nation’s Maori name) has suffered the effects of COVID-19 less than perhaps any other developed economy…
Chinese Self-Drive Startup Uisee Raises $155m
Uisee, a Chinese autonomous mobility startup, has announced a $155 million funding round, as China continues to dominate emerging markets for self-driving and new-energy vehicles (NEVs). In a signal that China’s Communist…
Seattle’s Flexe Raises Another $10m to Supercharge Series C
FLEXE, a Seattle-based startup that offers retailers on-demand warehouse space, has raised another $10 million of a Series C funding round it first announced last month. The extra cash brings the round…
Indian HR Firm DarwinBox Raises $15m for Southeast Asia Scale
Human resources tech startup DarwinBox has raised a $15 million Series C funding round, as it aims to scale its platform deeper into the southeast Asian market. The round, led by Salesforce…
Deaths and Self-immolation Prompts China Tech Hours Reckoning
The death of an e-commerce employee in western China has caused an outcry about lengthy working hours at the country’s tech giants – with state media joining the call. On December 29…