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AsiaConnect Team
November 27, 2023
Uncertain Horizons: The Fate of US Venture Capital in China Hangs in the Balance
In recent years, the landscape of venture capital (VC) investment between the United States and China has undergone significant shifts.…
AsiaConnect Team
November 27, 2023
India’s EMotorad Accelerates Global E-Bike Expansion with $20M Investment
In a significant move that underscores the growing momentum of electric mobility, EMotorad, an Indian electric bike manufacturer, has secured…
AsiaConnect Team
November 25, 2023
Turn Capital’s new fund makes first acquisition with Flash Coffee Thailand deal
Turn Capital, a prominent investment firm, has made its initial foray into the Southeast Asian market with its first acquisition…
AsiaConnect Team
November 24, 2023
North Korea-backed hackers target CyberLink users in supply-chain attack
In a recent cybersecurity development, it has been discovered that hackers with alleged ties to North Korea have initiated a…
AsiaConnect Team
November 23, 2023
US chip export ban is hurting China’s AI startups, not so much the giants yet
The United States’ export ban on certain semiconductor technologies is beginning to take its toll on China’s artificial intelligence (AI)…
AsiaConnect Team
November 23, 2023
Singapore-Based Lendela Secures $5 Million Funding to Drive Expansion Across Asia Pacific
Lendela, a Singapore-based financial technology (fintech) firm specializing in digital lending solutions, has successfully raised $5 million in a recent…
AsiaConnect Team
November 22, 2023
Sam Altman to retake CEO position at OpenAI
In a surprising and strategic move, Sam Altman, a prominent figure in the tech industry, is set to retake the…
AsiaConnect Team
November 22, 2023
Japan’s Ambitious Leap: Launching a $6.7 Billion JAXA Fund to Propel the Space Industry
In a bold move to accelerate advancements in space exploration and technology, Japan has announced the establishment of a substantial…
AsiaConnect Team
November 21, 2023
Pangyo Techno Valley: Transforming into a Global Biotech Hub
Pangyo Techno Valley, situated in the heart of South Korea, has rapidly evolved into a prominent center for technology and…
AsiaConnect Team
November 21, 2023
Bain Capital Raises Record $7.1 Billion in Asia’s Largest Fund for 2023
In a testament to the continued robustness of the investment landscape in Asia, global private equity firm Bain Capital has…
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