Vynn Capital, a new entrant to Southeast Asia’s startup ecosystem, is gearing up to close its maiden fund after it landed an undisclosed sum from Malaysia Venture Capital Management Bhd (MAV... Read more
There’s plenty of speculation right now around apparently disgruntled investors in SoftBank’s Vision Fund, but the drum continues to beat and the checks continue to be written. The latest de... Read more
ViSenze, a startup that provides visual search tools for online retailers like Rakuten and ASOS, announced today that it has raised a $20 million Series C. The round was co-led by Gobi Ventu... Read more
Huawei’s founder has come out fighting against the U.S. government after he claimed that “there’s no way the US can crush us.” Ren Zhengfei, who founded the telecom company in 1987, doesn’t... Read more
Paris-based startup Alan has raised a Series B round of funding of $45 million (€40 million). Index Ventures is once again leading the round, with partners of DST Global also participating.... Read more
The University of Michigan, well known for its efforts in self-driving car tech, has been working on an improved algorithm for predicting the movements of pedestrians that takes into account... Read more
Steve Jurvetson is staging a comeback, disclosing today that his new San Francisco-based, early-stage venture firm Future Ventures, has raised $200 million for its debut fund. “It’s good to... Read more
China’s largest ride-hailing firm Didi plans to let go 15 percent of its employees or about 2,000 people this year, sources told TechCrunch. The cut comes as the beleagured transportation gi... Read more
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. Th... Read more
demanding that the company compensate their laid-off colleagues for unused paid time off make signal a more conciliatory approach. After the meeting, BuzzFeed News paid out all unused vacati... Read more
