Two years after a first close, 500 Startups wraps its Middle East fund with $33 million

When 500 Startups partner Hasan Haider announced the $15 million first close for the accelerator and investment firm’s Middle Eastern focused fund, 500 Falcons, Dave McClure was still at the helm of Silicon Valley’s second most famous accelerator. Within a month, McClure was removed from the accelerator after admitting to sexual misconduct and 500 Startups […]

View More Two years after a first close, 500 Startups wraps its Middle East fund with $33 million

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 […]

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

China’s YY eyes overseas live streaming with $1.45B Bigo buyout

One of China’s top live streaming companies YY bought a stake and obtained the right to purchase a majority share in Bigo last June, and now the other shoe has dropped after YY fully acquired the Singapore-based startup behind live streaming app Bigo Live and short-video service Like. That’s according to an announcement YY made […]

View More China’s YY eyes overseas live streaming with $1.45B Bigo buyout

Go-Jek pulls in $100M more for its massive Series F round

U.S. ride-hailing giants Lyft and Uber are going public in the U.S. imminently, but over in Southeast Asia, the two largest on-demand companies are still madly fueling up on investment capital. The latest update to that story today saw Go-Jek, the Indonesian ride-hailing firm aiming to go regional in Southeast Asia, announced that it has […]

View More Go-Jek pulls in $100M more for its massive Series F round

Thailand passes controversial cybersecurity law that could enable government surveillance

Thailand’s government passed a controversial cybersecurity bill today that has been criticized for vagueness and the potential to enable sweeping access internet user data. The bill (available in Thai) was amended late last year following criticism over potential data access, but it passed the country’s parliament with 133 positives votes and no rejections although there […]

View More Thailand passes controversial cybersecurity law that could enable government surveillance

Go-Jek’s Get app officially launches in Thailand as Southeast Asia expansion continues

Go-Jek is extending its reach in Southeast Asia after its Thailand-based unit made its official launch, which included the addition of a new food delivery service. Get, which is the name for Go-Jek business in Thailand, started out last year offering motorbike taxi on-demand services to a limited part of Thai capital city Bangkok, now […]

View More Go-Jek’s Get app officially launches in Thailand as Southeast Asia expansion continues

Watch the powerful moment Cohen stared directly into the camera and slammed Trump

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The testimony from Trump’s former personal attorney and fixer Michael Cohen in front of the House Oversight Committee on Wednesday morning has been explosive, but one thing has left a lasting impression.

At least twice during his opening statement, Cohen stared directly into the camera to address Trump directly. The first time, Cohen gazed into the camera and stated, dramatically, “I am no longer your fixer, Mr. Trump.”

Michael Cohen: “I have done bad things, but I am not a bad man. I have fixed things, but I an no longer your fixer, Mr. Trump” https://t.co/ij0AmYP27T pic.twitter.com/mlL33EuZpx

— This Week (@ThisWeekABC) February 27, 2019 Read more…

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View More Watch the powerful moment Cohen stared directly into the camera and slammed Trump

Gradient Ventures, Google’s AI fund, leads $7M investment in English learning app Elsa

Google’s Gradient Ventures, the search giant’s dedicated AI fund, is casting its eye to Asia after it led a $7 million Series A round for Elsa, a startup that operates an app for English language learners. The deal is Gradient’s first in Asia, and it includes participation from existing investors Monk’s Hill Ventures and SOSV. […]

View More Gradient Ventures, Google’s AI fund, leads $7M investment in English learning app Elsa

SME lender Validus Capital raises $15M for expansion in Southeast Asia

SME lending was a hot topic in Southeast Asia last year, and companies continue to attract investor dollars in 2019. The latest to pull in capital of its own is Singapore-based Validus Capital, which today announced a SG$20.5 million (US$15.2 million) Series B that’ll go towards regional expansion. Founded in 2015, Validus is focused on […]

View More SME lender Validus Capital raises $15M for expansion in Southeast Asia

On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn

Lalamove, a Hong Kong-based on-demand logistics startup, has closed a $300 million Series D round as it seeks expansion across Asia. In doing so, the company has officially entered the unicorn club. Founded in 2013 by Stanford graduate Shing Chow, Lalamove provides logistics and delivery services in a similar style to ride-hailing apps like Uber […]

View More On-demand logistics startup Lalamove raises $300M for Asia growth and becomes a unicorn

Thailand’s Jitta raises $6.5M to develop an algorithm-powered wealth fund

Jitta, a Bangkok-based fintech startup, has announced a $6.5 million Series A round as it prepares to launch an investment fund for consumers in what would be a first for the Thai market. The deal is one of the largest Series A in Thailand for some time and it was led by Beacon Venture Capital, […]

View More Thailand’s Jitta raises $6.5M to develop an algorithm-powered wealth fund

Go-Jek confirms first close of $2B Series F round at $9.5B valuation

Go-Jek, the Indonesia-based ride-hailing company that is challenging Grab in Southeast Asia, has announced the first close of its Series F round, as TechCrunch reported last week. The company isn’t revealing numbers but sources previously told us it has closed around $920 million. Go-Jek is planning to raise $2 billion for the round, as reported last […]

View More Go-Jek confirms first close of $2B Series F round at $9.5B valuation