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[Currently in BETA mode]

eleva8or introducer engine helps Startups and Investors come together efficiently

For Startups, eleva8or helps them to prepare for due-diligence to attract capital from savvy investors around the globe

For Investors, eleva8or helps to provide exposure to new and emerging Startups that fit their investment profiles

eleva8or is not crowdfunding, typically one or two Investors participate in deals

STARTUPS

INVESTORS

Spotify and Tencent agree to swap stakes in their music businesses

On December 8, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Media, Microsoft, Software, computing, RSS, Tencent, Spotify, Sogou

 Tencent’s overseas investment splurge continues after the company confirmed a deal with Spotify that will see the duo make investments in each other’s music businesses. Tencent Music Entertainment (TME), the Chinese firm’s subsidiary that manages its music streaming and karaoke services, will make an undisclosed minority investment in Spotify through new shares, while… Read More

Uber lands investment from Singapore’s largest taxi operator in blow to rival Grab

On December 8, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, Fundings & Exits, Uber, grab, Southeast Asia

 Uber has struck a major deal in Southeast Asia after ComfortDelGro, Singapore’s largest taxi operator, announced [PDF] it has agreed to buy a majority share of the ride-hailing giant’s Singapore-based car rental business. The deal will see a joint venture valued at SG$642 million (US$474 million) established to run Uber’s Lion City Rentals subsidiary in Singapore. Comfort… Read More

China’s JD partners with accelerator program Plug and Play to reach US startups

On December 7, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Accelerator, Asia, economy, business, finance, business incubators, entrepreneurship, JD.com, Startup company, Y Combinator, Plug and Play Tech Center, United States, China, plug and play

 E-commerce giant JD.com, the closest rival to Alibaba in China, is broadening its presence in Silicon Valley after it announced a collaboration with accelerator firm Plug and Play to seek out and work with promising U.S. startups. The e-commerce giant said it will share technologies, including AI, cloud and smart supply chain tech, with the program generally and work together to launch a… Read More

Honda is working with Chinese AI unicorn SenseTime on self-driving car tech

On December 7, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Automotive, TC, SenseTime, China, hong kong, Japan, honda, autonomous cars, self-driving cars

 Honda is putting the focus on artificial intelligence after it announced a partnership with SenseTime, a Chinese startup valued at over $1 billion, that will power its autonomous cars of the future. SenseTime, which raised a $410 million funding round this past summer and counts Qualcomm among its investors, is particularly well known for its object recognition technology which has been used… Read More

Ford recruits Alibaba to help break into China’s electric vehicle industry

On December 7, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Automotive, transport, electric vehicle, electric vehicles, engines, alibaba, China, Ford

 Ford has put a lot of focus on China’s electric vehicle market — with a local joint venture expected to lead to 15 electric or hybrid models on sale in the country by 2025 — and today the automotive giant announced a tie-in with Alibaba to fulfill its ambitious goals. The scope of alliance is fairly broad and vague at this point, but a large chunk of  the”strategic… Read More

Facebook co-founder’s B Capital leads $10M investment in Indian payment startup Mswipe

On December 7, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Finance, Fundings & Exits, Payments, b capital, Eduardo Saverin, india, bangalore, payments, POS

 B Capital, the investment firm from Facebook co-founder Eduardo Saverin backed by BCG, has stepped into India after it backed smart point-of-sale company Mswipe in its first deal in the country. The U.S.-Asia fund is investing $10 million into Mumbai-based Mswipe alongside DSG Consumer Partners in what is an extension to a Series D round announced this summer. Originally pegged at $31… Read More

As Cook and Pichai leave China, Valley confronts rising internet tyranny in world’s second largest market

On December 6, 2017Source: Asia – TechCrunchBy Danny Crichton
Categories: Asia, Cloud, Government, Policy, Startups, TC, cloud computing, alibaba, Tencent, Internet freedom, China

 It’s been a bad few months for internet freedom in China (and really, a bad few decades, but who is counting?). The government brought into force a broad-ranging “cybersecurity law” earlier this year that empowers Beijing to take unilateral control over critical internet infrastructure, while also mandating that foreign companies keep all citizen data local inside China. Read More

Amazon launches its Prime membership service in Singapore

On December 6, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Amazon, Southeast Asia, Singapore

 Amazon is increasing its focus on Southeast Asia after the e-commerce giant launched its Prime service in Singapore. The U.S. firm landed in Singapore, its first market in Southeast Asia, in July initially offering Prime Now, its e-commerce service with an aggressive two-hour delivery window. From this week, however, it is offering its full Prime bundle which includes free international… Read More

Health2Sync raises $6M to expand its diabetes tracking and management service in Asia

On December 6, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Health, health2sync, diabetes, taiwan

 Health2Sync, a Taiwan-headquartered company that offers a diabetes tracking service, has closed a $6 million Series B round aimed at expanding its business in Japan and other markets in Asia. Health2Sync launched at the TechCrunch Hardware Battlefield at CES 2014 and it essentially offers a smarter way to track and manage diabetes. Using a BlueTooth dongle, Android and iOS devices can be… Read More

For some reason Tim Cook thinks China will allow VPNs to return to the App Store

On December 6, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Apple, China

 This year has seen Apple widely criticized for aiding China’s censorship push by removing VPN apps from its App Store in China. Company CEO Tim Cook painted a rather rosy picture of the situation with comments at the Fortune Forum in Chinese city Guangzhou. “My hope over time is that some of the things, the couple of things that’s been pulled, come back. I have great hope… Read More

Google launches a data-friendly search app for users in emerging markets

On December 6, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Apps, Asia, Google, google go

 Google is continuing its push to make its services accessible for people with lower-end mobile devices or slow internet connections after it introduced Google Go, a data-friendly search app. The app was first spotted in beta in August — when it was known as Search Lite — and now it has been released for select Android devices (here). At just 5MB the app won’t take up huge… Read More

COMB+ announces a $77M fund to help AI startups enter China

On December 2, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, China, comb+, AI, artificial intelligence

 Artificial intelligence is a hot topic in the tech industry with China — alongside the U.S. — emerging as a key market for talent, innovation and companies. While many AI firms head to the U.S. or set up operations Stateside, China is a harder market to crack for overseas companies. That’s where a new fund wants to help. China-based accelerator firm COMB+ is launching… Read More

Uber’s Indian rival Ola begins offering a bicycle-sharing service

On December 1, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, TC, Ola, india, bike sharing

 Ola, the company battling Uber in India, has turned to pedal power after it introduced a bike-sharing service. China’s Didi Chuxing and Grab in Southeast Asia have invested in bike-sharing companies, which offered dock-less bikes that users can pick up across a city and leave anywhere they want when they’re done, and now Ola — which recently raised $1.1 billion in fresh… Read More

Alibaba is buying Israeli startup Visualead’s tech to establish a Tel Aviv R&D center

On December 1, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Apps, Asia, TC, alibaba, visualead, israeli

 Alibaba announced a massive $15 billion research ‘DAMO Academy’ project focused on R&D last month, and it is laying the groundwork for an office in Tel Aviv through a deal to acquire technology and talent from Israeli startup Visualead. Visualead developed a new kind of ‘dot-less’ QR code that Alibaba had used for its business in China. The company was founded in… Read More

Graphic India raises $5M to build a Marvel-like digital comic brand for India

On December 1, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Fundings & Exits, Media, TC, graphic india, liquid-comics, india, marvel, bollywood, comics

 It’s been some time since we wrote about Graphic India, a new media startup that believes India should have its own home-grown answer to cartoon empires like Marvel. The 30-person company been busy developing its IP and bringing its creations to audiences via film and TV since we last covered it in 2015, when it raised $2.5 million from investors, and now it has added to that war… Read More

Here’s what you missed at TechCrunch Shanghai 2017

On November 30, 2017Source: Asia – TechCrunchBy John Artman
Categories: Asia, TC, TechCrunch

 Editor’s note: This post originally appeared on TechNode, an editorial partner of TechCrunch based in China. This week saw TechCrunch land in Shanghai for yet another great event. While Shenzhen — the site of our previous China show — might be the hardware capital, Shanghai has a potent mix of hungry entrepreneurs from all over the world. We were delighted to welcome back for… Read More

Google’s newest app stops you burning through your data package

On November 30, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Apps, Asia, Google

 Google’s newest app for emerging markets is a service that helps control data usage on a smartphone and get more for your top-up credit. Datally, which is available for Android devices worldwide from today, applies granular control to enable a user to monitor use of data on their phone and cut data usage on any app as they please. The app design is simple and it appears to be effective.… Read More

Uber inks its first mobile wallet deal in Southeast Asia

On November 29, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, Uber, vietnam

 Seeking to rise to increased competition, Uber has inked its first payments deal in Southeast Asia after it announced a partnership with Vietnam-based mobile wallet service Momo. Momo, which raised $28 million led by Standard Chartered last year, will become a payment option inside the Uber app in Vietnam, alongside cash and credit cards. The app is the country’s top mobile payment… Read More

The time I was turned away from China

On November 26, 2017Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, TC, censorshit, China, shanghai, Tencent

 Earlier today, November 26 2017, I was turned away from immigration at Shanghai’s Hongqiao airport by Chinese officials. Alongside a number of other visitors, I had been waiting in line to take advantage of the city’s 144-hour ‘transit’ visa, which allows travelers with an onward flight to stay in Shanghai without needing to secure a visa before they travel. The… Read More

Indian home healthcare platform Portea Medical raises $26M Series C

On November 23, 2017Source: Asia – TechCrunchBy Catherine Shu
Categories: Asia, Fundings & Exits, Startups, TC, portea medical, india, healthcare, Health, medical

 Portea Medical, one of India’s biggest platforms for home healthcare visits, has raised $26 million in Series C funding to expand its service range. The round was led by Sabre Partners and MEMG CDC, with participation from returning investors Accel (which led Portea’s Series B two years ago), the World Bank Group’s International Finance Corporation and Qualcomm Ventures. Read More