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CapitaLand Investment establishes China data centre development fund

AsiaTechDaily

Register CapitaLand Investment Limited (CLI) has recently announced its decision to establish a China data centre development fund, CapitaLand China Data Centre Partners (CDCP), with an initial investment of $1 billion. Bookmark ( 0 ) Please login to bookmark Username or Email Address Password Remember Me No account yet?

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Prefabs sprout: How Modulous helps housing developers build modular homes without factories

TechCrunch

startup that makes it easier for housing developers, architects and construction firms to configure and design modular homes to address the ongoing housing crisis , has raised £10 million ($11.7 billion people by 2025 , as house-price growth continues to outpace income growth. Modulous , a U.K. million) in a series A round of funding.

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Allocate banks $5M to open up venture capital fund access

TechCrunch

The world of venture capital investing is a relatively small one, and relationship-based to boot. The company, founded by Samir Kaji and Hana Yang in February 2021, is developing an approach to venture capital fund investing that provides a way for investors of any size to participate. Enter Allocate.

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Galileo emerges from stealth to streamline AI model development

TechCrunch

After all, AI is costly — Gartner predicted in 2021 that a third of tech providers would invest $1 million or more in AI by 2023 — and debugging an algorithm gone wrong threatens to inflate the development budget. million in total venture capital. With Galileo, which today emerged from stealth with $5.1

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

TechCrunch

Rebag , which buys, sells and trades luxury items like handbags and accessories, raised a $33 million Series E round following a year of technology development and category expansion. 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.

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Mage aims to be the ‘Stripe for AI;’ raises $6.3M for developer tools to build AI into apps

TechCrunch

Mage , developing an artificial intelligence tool for product developers to build and integrate AI into apps, brought in $6.3 While collaborating with product developers, Dang and Wang saw that while product developers wanted to use AI, they didn’t have the right tools in which to do it without relying on data scientists.

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Zubale bags new capital to match gig workers with LatAm e-commerce fulfillment jobs

TechCrunch

The e-commerce market in Latin America has been gaining traction over the past two years and is poised to double in size and be valued at more than $100 billion by 2025. With this new funding, the company aims to invest in technology development, build operations in Brazil and Chile and launch some embedded finance products and services.

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