NewsSelf-driving truck developer Inceptio Technology raises USD 270 million from JD and MeituanAutonomous trucks may be on the road in China by the end of 2021. 1 min read
Grab’s SPAC merger with Altimeter Growth Corp is on track to take place by the end of 2021. NewsGrab’s Q1 revenue hits USD 507 million, marking all-time high2 mins read
The startup proactively tests and audits IT networks’ safety and performance to optimize efficiency and cut costs. NewsIT performance analysis startup PerfMa closes Series B to keep networks humming2 mins read
Automakers like SAIC Motor use the startup’s self-driving system, which utilizes 4D millimeter-wave technology. NewsAutonomous driving startup G-PAL bags pre-Series A from Xiaomi and Baidu’s investment arms2 mins read
The last two years saw 70% of Israeli fintech funding funneled into three sub-sectors—payments, anti-fraud, and insurtech. NewsIsraeli fintech sector raises record USD 2.3 billion in H1 2021, report says3 mins read
Pipe raised USD 150 million in a round earlier this year at a valuation of USD 2 billion. NewsKuwait’s Zain launches VC arm with investments in Swvl and Pipe2 mins read
The edtech company plans to use the funding to scale existing offerings under its exam prep vertical and build platforms for new verticals like job search, content creation, and upskilling. NewsSoftBank-backed Unacademy closes USD 440 million round, valuation shoots up 70% to USD 3.44 billion3 mins read
China is looking for ways to soothe the nerves of overseas investors as it cracks down on the tech sector. NewsChina’s stock market regulator pursues discussions with SEC over IPO ban2 mins read
The Securities Commission said previously that Binance is operating a “fraudulent scheme” that promises unreasonable returns. NewsMalaysia regulator orders Binance to wind down operations in August2 mins read
