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Malaysia’s Mosti Prioritizes Tech Innovation and Startup Ecosystem in its Annual Budget

AsiaTechDaily

Register Malaysia’s Ministry of Science, Technology, and Innovation ( Mosti ) plans to push emerging technology and promote Science, Technology, Engineering, and Mathematics (STEM) education within the framework of Budget 2024. Minister Chang Lih Kang has outlined these focus areas in Mosti’s budgetary proposals.

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Moonshots, Momentum, and Legislative Tailwinds Beyond Silicon Valley

Revolution

And while this May’s economic backdrop was markedly different from last’s , enthusiasm was high and outlooks remained positive for the startup momentum building between the coasts. We named this summit after a report we wrote with Pitchbook at the end of 2021 to explore the impact of the pandemic on investment patterns.

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Forge North Coalition Announces First Close of Fund to Invest in Black, Brown and Women Entrepreneurs in Minnesota

American Entrepreneurship

MINNEAPOLIS-SAINT PAUL, MN – The Forge North startup coalition announced the first close of the MSP Equity Fund – the first-known venture capital fund of funds in the country designed to invest across race, place, and gender. Lead investors include Allianz Life, Allina Health, Xcel Energy, and Abōva.

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Top 5 Cross-Border Acquisitions To Eye for in 2023

AsiaTechDaily

Register The tally of recognized startups and acquisitions, burgeoning to 84,012 in 2022 from a mere 452 in 2016, is a testament to the positive impact of investment incentives and simplified business regulations, as highlighted by the Economic Survey 2022-23.

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The Next Wave of Climate Tech

Revolution

Everyone is bullish on planet-forward innovation right now. As investors who bet on those entrepreneurs and the industry-transforming startups they’re building, VCs have a unique perspective on what “investing in the planet” looks like at scale. Our investors share what they think will emerge from the pack.

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Biotech Startup Automera Raises $16 Million in Series A Round Led by ALSP and ClavystBio

AsiaTechDaily

Other participants included EDBI, Xora Innovation, and undisclosed investors. Automera, co-founded by Michael Lazarou, Loong Wang, and Taiyang Zhang, is an early-stage biotechnology firm developing innovative therapeutic approaches centered around autophagy-based targeted protein degradation.

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Japan’s Five-Year Development Strategy unveils KANSAI Startup Night Vol. 4

AsiaTechDaily

Register Japan unveiled its latest development on its “Startup Development Five-year Plan” started in November 2022. The plan aims to boost the Japanese startup ecosystem by investing 10 trillion yen, creating 100,000 new startups, and nurturing 100 unicorns by 2027.