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[Currently in BETA mode]
عربي

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 tech startups that fit their investment profiles

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

eleva8or also assists with cross-border market discovery and entry, with connections to soft-landing programs

More details about what we offer here

STARTUPS

INVESTORS

Xbox teams up with Tencent’s Honor of Kings maker TiMi Studios

On May 13, 2021Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Gadgets, Gaming, Virtual Reality, call of duty, China, honor of kings, Los Angeles, Nintendo, Nintendo Switch, player, Ready Player One, Tencent, video games, video gaming, Virtual reality, xbox

TiMi Studios, one of the world’s most lucrative game makers and is part of Tencent’s gargantuan digital entertainment empire, said Thursday that it has struck a strategic partnership with Xbox. The succinct announcement did not mention whether the tie-up is for content development or Xbox’s console distribution in China but said more details will be […]

Ethereum creator donates meme coins worth $1 billion to help India fight COVID-19

On May 12, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Cryptocurrency, Philanthropy, TC, blockchains, China, Crypto Economy, cryptocurrencies, cryptography, distributed computing, dogecoin, ethereum, india, joseph lubin, retail investors, vitalik buterin

Vitalik Buterin donated cryptocurrencies worth $1.5 billion to several non-profit organizations, including $1 billion to a COVID-19 relief fund in India, on Wednesday in one of the largest-ever individual philanthropy efforts. Or at least that was the worth of the cryptocurrencies — many of which are dog-themed — when he made the donation. Buterin, the […]

Prime today, gone tomorrow: Chinese products get pulled from Amazon

On May 11, 2021Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, eCommerce, TC, alibaba group, AliExpress, Amazon, Amazon Marketplace, China, cross border commerce, e-commerce, eBay, online shopping, retailers, Shein, shenzhen, Shopee, Shopify

If you ever bought power banks, water bottles, toys or other daily goods on Amazon, the chances are your suppliers are from China. Analysts have estimated that the share of Chinese merchants represented 75% of Amazon’s new sellers in January, up from 47% the year before, according to Marketplace Pulse, an e-commerce research firm. Chinese […]

Google Pay US users can now send money to users in India and Singapore

On May 11, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Payments, Google, Google Pay, western union, WISE

Google Pay users in the U.S. can now send money to GPay users in India and Singapore, Google said on Tuesday, making its first push into the remittances market. The company has partnered with Western Union and Wise, both of which have integrated their services into Google Pay. Josh Woodward, director of Product Management at Google, […]

Flipkart in talks to raise $1 billion ahead of IPO

On May 11, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, eCommerce, Funding, Amazon, Amazon India, Flipkart, india

Indian e-commerce giant Flipkart has hit the market to raise about $1 billion at up to $30 billion valuation in a pre-IPO financing round, two people familiar with the matter told TechCrunch. The Bangalore-based startup, which sold majority stake to Walmart for $16 billion in 2018, initiated fundraise possibilities with some investors earlier this year […]

Lidar startup Innovusion closes $64M round led by Temasek

On May 11, 2021Source: Asia – TechCrunchBy Rita Liao
Categories: Artificial Intelligence, Asia, Automotive, TC, Transportation, Baidu, China, Eight Roads Ventures, F-prime Capital, Joy Capital, laser, Lidar, livox, Momenta, nio, self-driving cars, shanghai, temasek, Tesla, Toyota, Velodyne, volkswagen, Xpeng

More investors are joining the wave to bet on lidar, the remote sensing method that uses laser light to measure distances and has garnered ample interest from automakers in recent times. But it’s also a technology that has long been scorned by Elon Musk partly due to its once exorbitant costs. Innovusion, a five-year-old lidar […]

Crypto asset manager Babel raises $40M from Tiger Global, Bertelsmann and others

On May 10, 2021Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Cryptocurrency, Funding, TC, Babel Finance, Beijing, bertelsmann, Bitcoin, cryptocurrencies, decentralization, digital currencies, financial technology, sequoia capital, Sequoia Capital China, Singapore, spokesperson, Tiger Global Management

Three years after its inception, crypto financial service provider Babel Finance is racking up fundings and partnerships from major institutional investors. The startup said Monday that it has closed a $40 million Series A round, with lead investors including Zoo Capital, Sequoia Capital China, Dragonfly Capital, Bertelsmann and its Asian fund BAI Capital, and Tiger […]

Google begins surfacing vaccine centers, hospital beds, oxygen info in India

On May 10, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, coronavirus, Covid, Facebook, Google, Google Pay, Google-Maps, india, YouTube

Google, which reaches more than half a billion people in India, is turning its services into tools to help the world’s second-largest internet market fight the pandemic. Google said on Monday it has rolled out a range of updates to its Search, Maps, YouTube and Google Pay services in India to display and boost authoritative […]

Telkomsel invests an additional $300 million in Gojek

On May 10, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Funding, gojek, Telkomsel, Tokopedia

Telkomsel, a unit of Indonesia’s largest telecom operator Telkom, has invested an additional $300 million in ride-hailing and payments firm Gojek, the two firms said Monday, just months after the network provider wrote a $150 million check to the Southeast Asian firm. The announcement comes amid Gojek working to seal a proposed merger with e-commerce […]

Walmart’s Flipkart to cover insurance for all sellers in India and waive additional fees

On May 7, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, eCommerce, Amazon, Amazon India, coronavirus, Flipkart, Walmart

Walmart-owned Flipkart is exempting storage and cancellation fees for sellers on its marketplace and also providing them with insurance coverage as the top e-commerce platform in India looks to maintain cordial relationships with more than 300,000 sellers who are facing severe disruption amid an unprecedented rise in the spread of coronavirus infections in the South […]

Juul inventor’s Myst lands funding as institutional investors turn to China’s e-cigs

On May 7, 2021Source: Asia – TechCrunchBy Rita Liao
Categories: Asia, Hardware, TC, China, Cigarettes, e-bike, e-cigarette, e-cigarettes, electronic cigarettes, european union, IMO Ventures, juul, malaysia, Myst, Relx, russia, smoking, Startups, tobacco

Over the past several years, institutional investors had largely shied away from China’s e-cigarette makers, an industry that was teeming with shoddy workshops and lacked regulatory oversight. But investors’ attitude is changing as China sets in motion its strictest ever regulation on electronic cigarettes. Myst Labs, a Chinese e-cigarette maker co-founded in 2019 by Chenyue […]

SoftBank leads $15M round for China’s industrial robot maker Youibot

On May 7, 2021Source: Asia – TechCrunchBy Rita Liao
Categories: Artificial Intelligence, Asia, Hardware, Recent Funding, Robotics, Startups, TC, bluerun ventures, China, electronics, Huawei, industrial robot, robot, robotics, semiconductor, Seoul, shenzhen, SoftBank Group, SoftBank Ventures Asia, Youibot

SoftBank has picked its bet in China’s flourishing industrial robotics space. Youibot, a four-year-old startup that makes autonomous mobile robots for a range of scenarios, said it has notched close to 100 million yuan ($15.47 million) in its latest funding round led by SoftBank Ventures Asia, the Seoul-based early-stage arm of the global investment behemoth. […]

Chinese EV maker Nio is stepping outside of China for the first time

On May 6, 2021Source: Asia – TechCrunchBy Aria Alamalhodaei
Categories: Asia, Automotive, TC, Transportation, Audi, electric vehicles, nio, Norway, Tesla

Chinese electric vehicle maker Nio has chosen Norway — an EV hotspot — for its first foray into international markets. Nio Norway will offer a European version of ES8, Nio’s flagship electric SUV, to Norwegian customers from September this year. The ET7 sedan will follow in 2022. “The decision to have Norway as our first […]

PUBG Mobile to relaunch as Battlegrounds Mobile in India

On May 6, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Gaming, China, india, Krafton, PUBG Mobile, Tencent, tiktok

Krafton, the South Korean developer of PUBG Mobile, said on Thursday that it is bringing back the popular gaming title to India under the brand name Battlegrounds Mobile India. The new title, which uses the color scheme of the Indian flag and is largely a replica of PUBG Mobile, will offer “a world class AAA […]

Tesla supplier Delta Electronics invests $7M in AI chip startup Kneron

On May 6, 2021Source: Asia – TechCrunchBy Rita Liao
Categories: Artificial Intelligence, Asia, Automotive, Albert Liu, alibaba, Apple, apple inc, artificial intelligence, China, computing, Foxconn, honda, Horizons Ventures, Intel, Kneron, Li Ka-shing, manufacturing, Qualcomm, san diego, semiconductor, sequoia capital, system on a chip, taipei, Tesla, Toyota

Despite a persistent semiconductor shortage that is disrupting the global automotive industry, investors remain bullish on the chips used to power next-generation vehicles. Kneron, a startup that develops semiconductors to give devices artificial intelligence capabilities by using edge computing, just got funded by Delta Electronics, a Taiwanese supplier of power components for Apple and Tesla. […]

China expresses concern over its absence in India’s 5G trials

On May 5, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Government, 5g, Airtel, China, Huawei, india, Jio Platforms, Vodafone Idea, zte

China expressed concern on Wednesday over India’s move to not grant any Chinese firm permission to participate in 5G trials in the world’s second-largest internet market as the two neighboring nations struggle to navigate business ties amid their geo-political tensions. India’s Department of Telecommunications earlier this week approved over a dozen firms’ applications to conduct […]

Indian online teaching platform Teachmint raises $16.5 million

On May 4, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, Education, Funding, Recent Funding, Startups, Better Capital, edtech, learn capital, lightspeed india partners, Teachmint

An Indian startup that began its life after the global pandemic broke last year said on Tuesday it has concluded its third financing round as it enables hundreds of thousands of teachers in the world’s second-largest internet market to run classes online and serve their students. Bangalore-based Teachmint said today it has raised $16.5 million […]

India grants approval for 5G trials, avoids Chinese firms

On May 4, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Asia, Government, Airtel, China, Huawei, india, Jio Platforms, vodafone, Vodafone Idea, zte

The Indian telecom ministry on Tuesday said it has granted several telecom service providers permission to conduct a six-month trial for the use and application of 5G technology in the country. New Delhi has granted approval to over a dozen firms spanning multiple nationalities — excluding China. Among the telecom operators that have received the […]

Facebook rolls out vaccine finder tool in India, donates $10 million

On May 3, 2021Source: Asia – TechCrunchBy Manish Singh
Categories: Apps, Asia, coronavirus, COVID-19, Facebook, india

Facebook has announced a $10 million grant to support emergency response efforts in India and has rolled out its Vaccine Finder tool in the country as the South Asian nation grapples with the latest wave of the coronavirus pandemic. The American social network said that it has partnered with a number of organizations including United […]

Is Washington prepared for a geopolitical ‘tech race’?

On May 1, 2021Source: Asia – TechCrunchBy Danny Crichton
Categories: Asia, Government, Policy, China

When Secretary of State Antony Blinken and National Security Advisor Jake Sullivan sat down with Chinese officials in Anchorage, Alaska for the first high-level bilateral summit of the new administration, it was not a typical diplomatic meeting. Instead of a polite but restrained diplomatic exchange, the two sides traded pointed barbs for almost two hours. […]

 

[Currently in BETA mode]

 

عربي

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 tech startups that fit their investment profiles

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

eleva8or also assists with cross-border market discovery and entry, with connections to soft-landing programs

 

More details about what we offer here