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

AsiaTechDaily

Register In July’s end, an Egyptian governmental delegation toured Pangyo Techno Valley, Korea’s premier innovation hub, seeking insights into its unparalleled growth. Apart from this, they’ve launched a cybersecurity fund, spotlighting fresh investment prospects.

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4 Indian investors explain how their investment strategy has changed since 2021

TechCrunch

“While this is a tough environment for companies, we see it as an opportunity to pause, take stock and consolidate,” said GV Ravishankar, managing director of Sequoia India. For Ashutosh Sharma, head of India investments at Prosus Ventures, it is paramount for startups to ensure their existence at this time.

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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. HP outlines ambitious diversity goals.

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The grocery industry’s shopping list: Inventory management, frictionless checkout, computer vision

TechCrunch

That has now grown to 8%, said Elaine Russell, Greycroft principal and co-lead of the Albertsons Fund, a $50 million fund started by Greycroft and the grocery chain in 2018 to invest in the future of retail and next-generation retailers.

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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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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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SpotDraft shows that contract lifecycle management remains profitable, raises $26M

TechCrunch

VCs see a rich opportunity in tools to manage the contract lifecycle. Gartner predicts that legal tech spending — which includes CLM — will increase threefold by 2025. We are extremely bullish about our growth opportunities in the coming years and are very well-capitalized to capture these opportunities.”