The FT is buying another media startup: Deal Street Asia

Fresh from picking up a majority stake in Europe-based The Next Web, the Financial Times is buying another tech blog. The newspaper, which was founded in 1888, is adding Singapore-based Deal Street Asia to its roster with a deal expected to close in April, according to three sources with knowledge of discussions. Founded in 2014 […]

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Kong raises $43M Series C for its API platform

Kong, the open core API management and lifecycle management company previously known as Mashape, today announced that it has raised a $43 million Series C round led by Index Ventures. Previous investors Andreessen Horowitz and Charles River Ventures (CRV), as well as new investors GGV Capital and World Innovation Lab also participated. With this round, […]

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Five really, really good reasons to attend TC Sessions: Robotics & AI @ UC Berkeley on April 18

There are actually a lot more than five great reasons, but these five should be enough to make just about anyone eager to join TechCrunch’s robotics and AI show April 18 at UC Berkeley’s Zellerbach Hall. 1. Fireside & Panel Discussions TechCrunch’s editors will have a busy day with more than 20 riveting sessions — […]

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Lidar and perception startup Innoviz raises $132 million

Innoviz, the Israel-based startup developing solid-state lidar sensors and perception software for autonomous vehicles, has raised $132 million in a Series C funding round that includes major Chinese financial institutions. The round, which makes Innoviz one of the better capitalized lidar startups, includes China Merchants Capital (SINO-BLR Industrial Investment Fund, L.P.), Shenzhen Capital Group and […]

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Asia’s AnyMind pulls in another $8M and expands into outdoor advertising

Asia-focused marketing startup AnyMind Group has landed a further $8 million in funding to close out its Series B round and expand into new verticals. The company announced a $13.4 million raise back in November, but that has now expanded to $21.4 million thanks to an additional injection from VGI Global Media, a Thailand-based firm […]

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Camera maker Insta360 raises $30M as it eyes 2020 IPO

Insta360, one of the pioneers in making 360-degree cameras, just raised $30 million in a Series C+ funding round from Chinese investors including Everest Venture Capital, MG Holdings and Huajin Capital. The Shenzhen-based camera maker declines to disclose its latest valuation. It plans to use the fresh proceeds in research and development, marketing and after-sales services […]

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Simulations, SAFEs, and China beats America in AI patents

Editor’s Note The most consistent feedback we have gotten from Extra Crunch members is that I write too much, and the Daily emails are too long for mortals (and apparently my mother) to read. This is great feedback: a huge focus for Extra Crunch is to create signal from noise. To that end, we are […]

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Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]

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500 Startups Japan becomes Coral Capital with a new $45M fund

The 500 Startups Japan crew is going independent. The VC firm announced a $30 million fund in 2015, and now the follow up is a new $45 million fund called Coral Capital. Helmed by James Riney and Yohei Sawayama, just like 500 Startups Japan, Coral will essentially continue the work the U.S. firm made in Japan, […]

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Bill Gates and Jeff Bezos-backed fund invests in a global geothermal energy project developer

Breakthrough Energy Ventures, the investment firm financed by billionaires like Jeff Bezos, Bill Gates, and Jack Ma that invests in companies developing technologies to decarbonize society, is investing $12.5 million in a geothermal project development company called Baseload Capital. Baseload Capital is a project investment firm that provides capital to develop geothermal energy power plants […]

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