A lot can change in 12 years. When I first joined TechCrunch in 2012, I was the only writer it had based out of Asia. For several years, it often felt like I was writing to correct misperceptions I saw in my articles’ comments or on Twitter. Even though Baidu, Alibaba, and Tencent were innovating […]
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Once Lai Ching-te is inaugurated as Taiwan’s president in May, his administration will mark an unprecedented three terms of Democratic Progressive Party rule. His victory underscored the desire of voters to maintain the status quo, even as Taiwan continues to deal with the looming specter of China. Soon after he was elected in January, Lai […]
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A growing roster of vertical AI startups is emerging in Southeast Asia to serve sectors ranging from seafood to finance. Singapore-based venture capital firm Antler recently made a bet on 37 of them, investing $5.1 million in total for pre-seed deals. This included a strategic partnership with Khazanah, Malaysia’s sovereign wealth fund, which invested into […]
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In a role reversal, Xalts, a Singapore fintech startup founded 18 months ago, has acquired Contour Network, a digital trade platform set up by eight major banks including HSBC, Standard Chartered and BNP. Terms of the deal were undisclosed, but the acquisition price was in the high single millions and composed of cash and stock. […]
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Over the past few decades, extreme weather events have not only become more severe, but are also occurring more frequently. Neara is focused on enabling utility companies and energy providers to create models of their power networks and anything that might affect them, like wildfires or flooding. The Redfern, New South Wales, Australia-based startup recently […]
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Wingman Ventures is seeking the best of Switzerland’s startups and its diverse portfolio already ranges from mobile commerce to robotics. The Zurich-based venture capital firm, which focuses on pre-seed startups, announced today it is rebranding as Founderful and has already raised $85 million for its new Fund II, with a target of closing $120 million […]
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After recent launches in the United Kingdom and Ireland, workforce management platform Rippling is continuing its ambitious international expansion with the opening of its Asia-Pacific headquarters in Sydney, Australia today. The company, which already has 10,000 customers and is valued at $11.25 billion, will invest millions of dollars in its APAC expansion, co-founder Parker Conrad […]
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Founded by two tech veterans, ALIAVIA wants to close the funding gap for female founders. It invests in female-led startups, especially those that want to bridge the gap between Australia and the United States. The venture firm announced today the close of its first fund, totaling $13.5 million AUD ($8.7 million USD). Investors include Trawalla […]
Circular, backed by Y Combinator, is a service that offers consumers in Singapore and Australia subscriptions to high-end electronics, like iPhones, Samsung Galaxy, iPad Pros and MacBook Pros. Not only does it want help people get devices at lower prices, but also keep them in circulation for as long as possible and out of the […]
The average shopper probably hasn’t heard of SuperOrdinary, but if they are a beauty or skincare fan, they’ve definitely heard of some of the brands the startup works with: Olaplex, Farmacy and Biossance, to name a few. The Los Angeles-headquartered company works behind the scenes to help American and European consumer brands scale on marketplaces […]