The Special Situations Fund will be a sub-fund for its TNB Aura Fund II. NewsTNB Aura to invest USD 2 million in each startup hit by COVID-19 crisis2 mins read
Furlenco’s subscription-based model ensures it has a recurring source of revenue. NewsFurniture rental startup Furlenco raises USD 10 million from existing investors2 mins read
The robotics firm will use the new funds for product development, supply chain establishment, and commercialization. NewsCHINA BRIEF | Beijing-based ForwardX Robotics secures RMB 100 million in Series B+ round1 min read
Livestreamer uses Taobao to sell rocket launch service for USD 5.6 million. NewsYour next Taobao shopping cart item: a USD 5.6 million rocket launch service2 mins read
China Mobile is among the first batch of telecom carriers to offer 5G service in Hong Kong, along with Hutchison Telecom, and HKT. NewsChina Mobile kicks off commercial 5G service in Hong Kong2 mins read
All Indian edtech startups, including Camp K12 have made their courses free for students amid the coronavirus scare. NewsEdtech startup Camp K12 raises USD 4 million in seed round2 mins read
The e-commerce startup wants to upgrade its “Ten Billion Yuan subsidy program” to drive more sales in 2020. Visual StoriesKEY STAT | Pinduoduo gets financial support for new rounds of money-burning campaign in 20202 mins read
A short video is recorded and sent via app if someone opens the door. NewsRing-like smart doorbell monitors people in COVID-19 isolation1 min read
Three Singaporean firms have pledged USD 50,000 each to buy them. NewsRazer could start mask production in 30 days1 min read
The six-month pilot program is part of a broader effort to modernize China’s judicial system through the use of technology. NewsShanghai judicial courts start to replace clerks with AI assistants2 mins read