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Pangyo Techno Valley: Pioneering Global Urban Air Mobility Solutions

AsiaTechDaily

The 2nd Pangyo Business Support Hub with Drone Enterprise Support Center (Photo = beSUCCESS) In a bid to foster startups and venture companies that will lead the future drone and UAM market, the Korea Institute of Aviation Safety Technology has been operating the Drone Startup Support Center since 2017. billion in 2014 and KRW 4.8

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Tiger Global, Blume back Indian startup bringing safety — and intelligence — to EVs

TechCrunch

Tiger Global’s latest investment in India is Vecmocon , a startup building solutions to bring safety and reliability alongside intelligence and health monitoring to light electric vehicles (EVs), addressing concerns that are curtailing the sales of electric scooters in the South Asian market. Sri Lanka and Malaysia.

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Rakuten and Beyond Next invest $1.4M seed funding in farm-to-table startup Secai Marche

TechCrunch

Secai Marche wants to streamline agricultural logistics, making fulfillment more cost-efficient and enabling food businesses to bundle products from different farmers into the same order. Before launching the startup, Sugiyama spent four years working in Southeast Asia, including managing restaurants and cafes in Malaysia.

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WoodSpoon’s food delivery service cooks up support for home chefs with $14M round

TechCrunch

Saar said the Series A enables the company to accelerate growth through R&D and marketing and to double its team so it can expand into new markets, like major cities across the United States, over the next 12 months. The Series A also enables WoodSpoon to onboard its waitlist of hundreds of home chefs that want to join the marketplace.

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Singapore edtech GIFT.ed gets $1m from IMC Pan Asia Alliance

AsiaTechDaily

with the globe yearning for solutions to environmental concerns and the corporate e-learning industry expected to exceed $40 billion by 2025. Chris Yap, AITIA Institute’s Executive Director, said their goal is based on three pillars: research and education, consulting, and organization transformation enablement.

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

TechCrunch

Kaji, citing a Boston Consulting Group report , estimated there are between 8,000 and 11,000 global family offices and nearly 17 million accredited investors that currently control some $42 trillion in assets. With the market the way it is, the number of accredited investors is expected to grow by 50% by 2025,” Kaji said.

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Insurtech giant Equisoft lands $125M investment, eyes acquisitions

TechCrunch

Romero founded Equisoft in 1994 along with a friend he’d worked with in the IT department of an actuarial consulting firm. “Equisoft’s offerings enable companies to undergo much-needed digital transformation,” Romero said, citing a McKinsey study that predicts automation will influence 25% of the insurance sector by 2025.