Asia

Elephantech wants to create circuit boards that are kinder to the environment • ZebethMedia

Printed circuit boards (PCB), which perform essential functions in electronic devices, including displays and sensors, need a lot of energy to create. Moreover, traditional PCB manufacturing processes generate large amounts of liquid waste and high carbon emissions. Still, there are more environmentally friendly ways of producing PCBs, including additive manufacturing processes that use inkjet and […]

Summer International uses social media data to launch new beauty brands • ZebethMedia

If you follow #beautytok, #beautytube or any beauty content on social media platforms, you know that popular product trends are hard to keep up with. Summer International stays ahead of the game by identifying the most influential content creators, and working with them to incubate new brands. Founded in Singapore and based in Los Angeles […]

Korean VC Sopoong closes $8M fund for startups focused on environmental impact • ZebethMedia

Two years ago, South Korea unveiled a plan to reach carbon neutrality by 2050. Getting there will be another story. Although Korean manufacturers say they are trying to change their ways, the country’s GDP is linked to some uniquely pollutive industries, including petrochemical producers, automakers and shipbuilders. Though some businesses may never be truly sustainable, […]

IFC launches $225M platform to back early-stage startups in Africa, Asia, Middle East • ZebethMedia

The International Finance Corporation (IFC) has today launched a $225 million platform to back early-stage startups in Africa, Middle East, Central Asia, and Pakistan. The IFC, a member of the World Bank, will through the platform make equity and “equity-like” investments in tech startups to “grow them into scalable ventures that can attract mainstream equity […]

GoFreight raises $28M to become the “Shopify of freight forwarding” • ZebethMedia

Unicorn Flexport is revolutionizing the world of logistics, serving as a freight forwarder with software that enables customers to manage their shipments. But there are still thousands of smaller freight forwarders, many running on outdated ERP software or spreadsheets. A startup called GoFreight wants to help them compete by providing the “Shopify of freight forwarding,” […]

Southeast Asia health tech platform Speedoc raises $28M • ZebethMedia

Speedoc, a health tech platform that brings hospital care to homes, has raised $28 million in pre-Series B funding. The round included Bertelsmann Investments, Shinhan Venture Investment and Mars Growth. Returning investor Vertex Ventures Southeast Asia and India, which led Speedoc’s $5 million Series A in 2020, also participated. Based in Singapore, Speedoc was founded […]

Elon Musk’s Twitter Blue subscription with verification may launch in India in ‘less than a month’ • ZebethMedia

Twitter may extend its subscription service to India in “less than a month,” its owner and chief executive Elon Musk said, offering a glimpse at just how aggressively he plans to roll out Twitter Blue to the larger world. Twitter launched Twitter Blue in four markets — US, Canada, Australia and New Zealand — last […]

English-learning startup ELSA launches Speech Analyzer to help people gain conversational confidence • ZebethMedia

ELSA, the English-language learning app known for its speech recognition technology, is launching a new product called the Speech Analyzer. The assessment platform plugs into communication tools like Zoom and analyzes conversational speech to suggest areas for improvement, including pronunciation, pacing and vocabulary. It is meant to act like a language coach to help people […]

Singapore may soon require retail investors to take test before trading crypto, prohibit credit cards • ZebethMedia

Singapore may soon require retail investors to take a test and not use credit card payments and other forms of borrowing for trading cryptocurrencies, the central bank proposed on Wednesday in a series of measures as the island nation looks to make citizens aware of the risks surrounding volatile assets. The Monetary Authority of Singapore […]

Square Peg Capital closes $550M fund for Southeast Asia, Australia and Israel • ZebethMedia

It’s a tough market for venture capital, but Square Peg Capital is plowing ahead with its focus on Australia (where it is based), Southeast Asia and Israel. The firm announced today that it has closed its fifth fund totaling $550 million. This brings its total raised across all funds to about $1.6 billion. Square Peg […]

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