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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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Insurtech giant Equisoft lands $125M investment, eyes acquisitions

TechCrunch

Montreal-based Equisoft , an insurance and investment software developer, today announced that it raised $125 million in venture equity. It’s a large amount made more significant by the fact that the investment climate for insurtech vendors is growing increasingly challenging. billion in Q3 to $1.01 billion in Q4. $70

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

AsiaTechDaily

This team, encompassing public officers and a senior representative from the Seongnam Industry Promotion Agency, proactively aids businesses by pinpointing new ventures, mitigating challenges, and streamlining administrative processes. These businesses benefit from office spaces, mentorship, and IR consulting to help them expand globally.

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

TechCrunch

million USD) in pre-Series A funding from Rakuten Ventures and Beyond Next Ventures to build a B2B logistics platform for farmers that sell to restaurants, hotels and other F&B (food and beverage) businesses. Why Alibaba rival Pinduoduo is investing in agritech. billion) by 2025, and 5 trillion JPY (about $46.1

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

TechCrunch

HealthPlix , an Indian startup offering its in-house platform for doctors to help record patient data digitally, has raised $22 million in fresh investment to broaden its reach in the country and allow more doctors to utilize its software to offer improved care to their patients. In India, roughly 300,000 doctors practice medicine regularly.

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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. Furthermore, NCsoft invested KRW 1.5

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

AsiaTechDaily

Various programs were held on the day, such as open discussions with startup companies, a ceremony for signing win-win partnership agreements with large companies in the 2nd Pangyo Techno Valley, a presentation of the Gyeonggi Venture and Startup brand, special lectures, investment consultations, and product demonstrations.