Startup
Salesforce nears deal to buy startup Own for US$2 billion
SALESFORCE said it was buying data protection and management solutions provider Own for US$1.9 billion, the company’s second acquisition this week.The deal “underscores our commitment to providing secure, end-to-end...
Japan’s startup index outperforms Topix by most since April
Japan’s startup equity gauge is outperforming the broader market by the most in over four months, as investors shift focus into domestic small and mid-cap stocks that benefit from...
Singapore medtech startup raises US$7 million to expand accessible respiratory care globally
SINGAPORE-BASED digital health company Aevice Health has secured US$7 million in a seed plus round to expand its operations in the US, Japan and Singapore. The company develops wearables...
Singapore startup Beep raises US$3.3 million in pre-series A investment round
BEEP, a Singapore-based Internet of Things startup, on Wednesday (Jul 31) announced the close of its US$3.3 million pre-series A investment round. The fundraising was led by existing investors...
Malaysia’s Petronas adds three new LNG vessels ahead of LNG Canada start-up
MALAYSIAN state energy firm Petroliam Nasional Berhad (Petronas) on Monday (Jul 8) said it would add three energy-efficient liquefied natural gas (LNG) vessels to its North American operations.The addition...
Amazon nabs startup Adept’s cofounders to bolster AI efforts
AMAZON.COM hired away artificial intelligence startup Adept’s co-founders and some of its team in a move that echoes one by rival Microsoft.Adept said in a blog post on Friday...
SoftBank to back AI startup Perplexity at US$3 billion valuation
SOFTBANK Group’s Vision Fund 2 is investing in US artificial intelligence (AI) startup Perplexity AI at a US$3 billion valuation, Masayoshi Son’s latest bet on a sector he deems...
Volkswagen invests US$5 billion in EV startup Rivian to form joint venture
VOLKSWAGEN (VW) will invest US$5 billion to form a joint venture with electric vehicle (EV) maker Rivian Automotive, throwing a lifeline to the struggling startup and giving the German...
