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NSW’s MVP Ventures Program and IGP Grants Open for Application

AsiaTechDaily

Register Applications are now open for the 2023/24 MVP Ventures Program , a state initiative in New South Wales (NSW) designed to provide grants to early-stage startups and small to medium enterprises (SMEs) driving the commercialization of innovative products or processes.

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Best Buy investing millions in Brown Venture Group, a firm exclusively backing BIPOC founders

TechCrunch

As part of the retail giant’s self-proclaimed mission to better address underrepresentation and technology inequities, the company announced today that it is investing up to $10 million in Brown Venture Group. billion with BIPOC and diverse businesses by 2025. Black and Latin communities were the recipients of just 2.6%

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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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Modular closes $30 million seed round to simplify the process of developing AI systems

TechCrunch

But if you ask the co-founders of Modular , a startup emerging from stealth today, the software used to develop it is “monolithic,” fractured into silos piled with layers of complexity. The opportunity cost of this challenge is enormous.

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PH venture investor Kickstart Ventures commits to expand investments globally

AsiaTechDaily

Register Kickstart Ventures , one of the most active venture capital firms in the Philippines, celebrates its 10th anniversary with a renewed commitment to invest in startups across the Philippines, and in major innovation hubs in Southeast Asia and beyond.

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ByteDance Co-Founder Resurfaces with New Venture in Hong Kong After Two-Year Absence

AsiaTechDaily

The fund, known as Cool River Venture, will primarily focus on investing in technology-related industries. Zhang’s new venture emerges as Hong Kong aims to attract affluent individuals following a period of population decline and isolation caused by the Covid pandemic. With a net worth of approximately US$42.3

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Kenyan startup Wowzi secures $3.2 million from 4DX Ventures, Andela co-founder to expand across Africa

TechCrunch

million from investors over the last few months, part of which includes a recently concluded $2 million seed round that was led by the Africa-focused venture capital firm 4DX Ventures. Wowzi is now eyeing over 1 million job opportunities in the short term as it establishes a strong pan-African presence. million pre-seed round.

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