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Ride-hailing startup, Grab, secures US$1.5B from Softbank Vision Fund

Southeast Asian ride-hailing giant Grab announced a US$1.46 billion investment by the Softbank Vision Fund (SVF), bringing in the total financing...

In brief: Alphabet invests in a start-up which uses beams of light on chips for faster AI

Lightmatter just secures its first backing from a corporate investor: GV, a venture arm of Google parent company Alphabet. This shows...

Thai biotech startup secures funding from 500 Startups

JuiceInnov8, a Bangkok-based startup in the food biotechnology industry, has closed a US$500,000 pre-series A funding led by 500 Startups’ Durians...

Singapore-based smart energy management startup, Sensorflow, raises Series A funding of US$2.7M

SensorFlow, a Singapore-based, smart energy management startup, has announced that it has secured US$2.7 million Series A funding led by private...

InsurTech startup, Sunday, raises Series A led by Vertex Ventures Southeast Asia and India

Thailand-based insurtech firm, Sunday, has secured US$10 million funding in a round led by Vertex Ventures Southeast Asia and India to...

AI-powered mobile app developer, OliveX, raised US$1M investment from Tony G

OliveX (HK) Limited (“OliveX”) is a subsidiary of Hong Kong-based Animoca Brands which focuses on developing and publishing mobile apps, has...

Lalamove hits unicorn valuation after US$300M Series D round to expand in Asia

Hong Kong-based logistics startup, Lalamove, has secured a US$300 million series D round of funding, bringing the startup into the unicorn...

AI startup ViSenze secures US$20M Series C funding

Singapore-based Artificial Intelligence (AI) startup, ViSenze, clinched a US$20 million Series C funding, co-led by Gobi Partners and Sonae IM. This...

Martech startup SilverPush bags US$5M funding

SilverPush, a marketing tech startup has announced that it has secured US$5M Series B funding round led by Japan’s first and...

AI analytics company AiSensum receives seed funding from 500 Startups

Indonesian startup, AiSensum, announced that it has received seed funding of an undisclosed amount from 500 Startups. Launched in February 2018 and with offices in...

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India-based Affle acquires Singapore’s O2O platform Shoffr

Singapore's online to offline (O2O) platform, Shoffr, has been acquired by Microsoft-backed consumer intelligence group, Affle. The acquisition includes the business,...

Google quietly launched hotel booking destination with a potentially significant impact

Google just made it even easier to book a hotel room, just in case you’re planning some holiday travels. In only...

Users around the world are experiencing issues on Facebook, Instagram, and WhatsApp

Facebook, the world's largest social network with more than two billion users, acknowledged the outage after users around the world noted...

Ukrainian hackers use quizzes to access Facebook user data

A report from CNN notes that a pair of Ukrainian hackers used seemingly unsuspicious online quizzes and surveys to gather private...

Airbnb acquires last-minute hotel booking service HotelTonight

Airbnb’s more than US$400 million acquisition of HotelTonight will enable Airbnb for the development of an end-to-end travel platform that allows...