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Privy accelerates digital transformation with $41m KKR-led Series C funding

AsiaTechDaily

Register Committed to accelerate the digital transformation of the world’s fourth largest population, Privy has partnered with KKR , a leading global investment firm. Other participants are existing investors MDI Ventures , GGV Capital and Telkomsel Mitra Inovasi, and new investors including Singtel Innov8. Username or Email Address.

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AI chip startup Axelera lands $27M in capital to commercialize its hardware

TechCrunch

After incubating a startup — Axelera AI — to commercialize their chip technology within the blockchain company Bitfury Group, Del Maffeo and team secured capital from VCs including Imec’s venture arm, Imex.xpand. Axelera’s test chip for accelerating AI and machine learning workloads. billion by 2025.

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India’s HealthPlix raises $22M to accelerate growth and enhance healthcare delivery

TechCrunch

It aims to serve over 25,000 doctors by 2024 and reach 50,000 by 2025 to treat nearly 15% of the Indian population. “Every time you make a decision, whether it’s a small feature, a revenue opportunity, whether you build a tech stack or any decision you’re making, are you putting doctors first?” to 3x next year.

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New capital positions luxury goods reseller Rebag for next round of innovation

TechCrunch

Gorra intends to use the new capital to continue technology development on those tools, to add to Rebag’s workforce of 150 people and expand its marketing. The market for venture capital is active and favorable, and we seized on that opportunity to accelerate funding,” he added. “The

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AppHarvest is now APPH: Rise of the Rest’s First Publicly Traded Company

Revolution

rang the opening bell on the NASDAQ stock exchange, signifying the start of their new chapter in life as a public traded company after successfully completing a merger with Novus Capital Corporation. Having the opportunity to learn from the founders you back is by far one of the most rewarding parts of being a venture capital investor.

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Singapore e-commerce site builder Plugo raises $9m in Series A

AsiaTechDaily

The round was led by Altos Ventures , along with strong support from BonAngels Venture Partners, Access Ventures, Mahanusa Capital, Prodigy Investment, and Pearl Abyss Capital. The sector, driven primarily by e-commerce, is on track to become a $130 billion digital market by 2025.

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AI chip startup Sima.ai bags another $30M ahead of growth

TechCrunch

As the demand for AI-powered apps grows, startups developing dedicated chips to accelerate AI workloads on-premises are reaping the benefits. A recent ZDNet piece reaffirms that the AI edge chip market is booming, fueled by “staggering” venture capital financing in the hundreds of millions of dollars. billion by 2025.

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