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

AsiaTechDaily

Launched in 2006, Pangyo Techno Valley has evolved across its three phases, fostering a collaborative ecosystem comprising businesses, support entities, and national government involvement. The Gyeonggi Business & Science Accelerator (GBSA) actively scouts startups within game development, information security, and big data sectors.

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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. The Company also intends to expand into overseas market to further accelerate growth. Bookmark( 0 ) Please login to bookmark. Username or Email Address. Remember Me.

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Gyeonggi-do Aims to Create 20 Business Clusters and Support 3,000 Startup Companies

AsiaTechDaily

Register The Gyeonggi provincial government announced that it plans to create a total of 660,000 square meters of startup business space in more than 20 regions, centered around Pangyo Techno Valley, and support 3,000 startup companies by 2026. Gyeonggi-do is another name for opportunity. and Kim Seong-wook, CEO of Drain Filter Co.,

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Speedata emerges from stealth with $70M and groundbreaking chip technology to accelerate big data analytics processing

TechCrunch

Data centers are taking on ever-more specialized chips to handle different kinds of workloads, moving away from CPUs and adopting GPUs and other kinds of accelerators to handle more complex and resource-intensive computing demands. “We really have a once in a lifetime opportunity,” he said.

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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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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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Holoride’s in-car VR tech is coming to Audi this summer

TechCrunch

The system is brand agnostic, which means other automakers can support it, too. The global automotive AR and VR market is projected to reach $674 million by 2025, according to an Allied Market Research report. Being first also allows them an opportunity to establish a new media category Holoride calls “Elastic Content.”