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Darma Tech Labs, operator behind Makers Boot Camp accelerator to launch US$17.5 million investment fund with Kyoto Bank
Drama Tech Labs, the operator behind Makers Boot Camp has agreed to establish an investment fund with Kyoto Bank to support IoT startup.
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Philippine-based marketplace PackingDelicious to raise seed fund from Tagcash
Philippine’s online marketplace PackDelicious which delivers pre-packaged food has recently received support from Tagcash Ltd., a micropayment platform.
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Baidu said to make US$100 million investment in Chinese electric car startup NextEV
Internet giant Baidu reportedly plans to invest about US$100 million in NextEV, a high-end electric car manufacturer founded in Shanghai in November 2014. The alliance is intended to boost Baidu’s faltering autonomous driving business.
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Popular video streaming app Bigo Live closes series C round with valuation at US$400 million
Singapore’s Bigo Live, a social video streaming app has recently closed its series C funding round to fuel its oversea expansion and research and development projects.
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Studio XID secures US$1 million funding from Line and Evergreen Venture Partners
Studio XID, a developer of ProtoPie, a mobile app prototyping tool, received US$1 million funding from Line Plus Corporation and Evergreen Venture Partners.
