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Pangyo Techno Valley: Korea’s Prime Innovation Cluster Bolstered by Local Governmental Support

AsiaTechDaily

Register In July’s end, an Egyptian governmental delegation toured Pangyo Techno Valley, Korea’s premier innovation hub, seeking insights into its unparalleled growth. The Gyeonggi Business & Science Accelerator (GBSA) actively scouts startups within game development, information security, and big data sectors.

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Newsletter: Airbnb, DoorDash & DropBox incubator

OurCrowd

Gil Meron appointed CEO of our New Zealand incubator. OncoHost is using artificial intelligence software to revolutionize the $275B market (2025) for immunotherapy cancer drugs. Rebel Fund is a Silicon Valley-based venture fund focused on the top seed-stage startups from Y Combinator, the world’s most successful tech incubator.

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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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Venture studio Adanian Labs fuels startup growth in Africa

TechCrunch

The idea to build Adanian Labs, was conceived in 2018, when Kamara was living and working in Cape Town, South Africa, where he witnessed the fast growth of the startup ecosystem, and how, in most countries, accelerators were the default launch pads. The startup ecosystem was growing but I could not fail to notice the problem of accelerators.

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GetVantage offers revenue-based financing to India’s founders

TechCrunch

The Mumbai-based startup announced today that it has raised $36 million in equity and debt led by Varanium Nexgen Fintech Fund, DMI Sparkle Fund, along with returning investors Chiratae Ventures and Dream Incubator Japan. Other participants included Sony Innovation Fund, InCred Capital and Haldiram’s Family Office.

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K-Startup Grand Challenge 2022 is accepting applications from global startups till May 31

AsiaTechDaily

Register South Korea’s leading accelerator program K-Startup Grand Challenge (KSGC) , considered ‘a gateway’ to do business in Asia, invites global startups to participate. K-Startup Grand Challenge is a great opportunity for global startups looking to explore Asia’s markets for their innovative products and services.

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Newsletter: UK trials for anti-Covid spray + Securing the Internet of Things

OurCrowd

By 2025, there will be an estimated 14 billion IoT devices worldwide – each one a potential security risk allowing hackers entry into networks. If approved, the treatment would offer another layer of protection, preventing the virus from incubating in the upper airways.