[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
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$27,000,000+
STARTUPS
INVESTORS
Camera maker Insta360 raises $30M as it eyes 2020 IPO
On March 19, 2019Source: Asia – TechCrunchBy Rita LiaoInsta360, one of the pioneers in making 360-degree cameras, just raised $30 million in a Series C+ funding round from Chinese investors, including Everest Venture Capital, MG Holdings and Huajin Capital. The Shenzhen-based camera maker declined to disclose its latest valuation. It plans to use the fresh proceeds in research and development, marketing and after-sales services […]
Visa policies threaten innovation but aren’t stopping hiring abroad
On March 19, 2019Source: Asia – TechCrunchBy Arman TabatabaiThe growing intensity of the US visa approval process has made it more difficult for companies to attract, support and retain foreign talent. However, recruiters are still sourcing talent from abroad at an increasing clip. According to a recent, roughly 30-page, report published by Envoy – the corporate workforce immigration management platform – US corporate […]
Xiaomi outs Redmi Go, a $65 entry-level smartphone for India
On March 19, 2019Source: Asia – TechCrunchBy Natasha LomasChinese smartphone maker Xiaomi has announced a new entry level smartphone at an event in Delhi. The entry-level smartphone is targeted at the Indian market and looks intended to woo feature phone owners to upgrade from a more basic mobile. It runs Google’s flavor of Android optimized for low-powered smartphones (Android Go) which supports lightweight […]
Singapore fintech startup Instarem closes $41M Series C for global growth
On March 19, 2019Source: Asia – TechCrunchBy Jon RussellSingapore’s Instarem, a fintech startup that helps banks and consumers send money overseas at lower cost, has closed a $41 million Series C financing round to go after global expansion opportunities. The four-year-old company announced a first close of $20 million last November, and it has now doubled that tally (and a little extra) thanks […]
Grab launches SME loans and micro-insurance in Southeast Asia
On March 19, 2019Source: Asia – TechCrunchBy Jon RussellIn its latest move beyond ride-hailing, Southeast Asia’s Grab has started to offer financing to SMEs and micro-insurance to its drivers. The launch comes just weeks after Grab raised $1.5 billion from the Vision Fund as part of a larger $5 billion Series H funding round that’ll be used to battle rival Go-Jek, which is […]
TikTok parent Bytedance is getting serious about games
On March 19, 2019Source: Asia – TechCrunchBy Rita LiaoA turbulent 2018 for China’s gaming market hasn’t held back newcomers. Bytedance, the world’s most valuable startup behind a collection of rising new media apps including TikTok and Jinri Toutiao, is making a further push into video games after it took control of a mobile game developer through a roundabout deal. According to a business registration […]
Apple kerfuffles, praise groups, and media layoffs
On March 16, 2019Source: Asia – TechCrunchBy Arman TabatabaiLots of news and interesting tidbits to wrap up the week. Apple kerfuffles Apple has been vindicated (for a brief moment anyway) in its long-standing dispute with Qualcomm. From Stephen Nellis at Reuters: A U.S. federal judge has issued a preliminary ruling that Qualcomm Inc owes Apple Inc nearly $1 billion in patent royalty rebate […]
Pi Day wasn’t pleasant for a lot of tech execs
On March 15, 2019Source: Asia – TechCrunchBy Danny CrichtonPi Day is apparently New Job day for tech execs and VCs these days. Leaving: Lee Fixel It’s not every day that one of the top VC investors heads out from their shop. TechCrunch’s @cookie aka Connie Loizos has the story: Lee Fixel, the low-flying head of Tiger Global’s private equity business, is leaving at […]
Surging costs send shares of e-commerce challenger Pinduoduo down 17 percent
On March 14, 2019Source: Asia – TechCrunchBy Rita LiaoChina’s new tech force Pinduoduo is continuing its race to upend the e-commerce space, even at the expense of its finances. The three-year-old startup earmarked some big wins from the 2018 fiscal year, but losses were even greater, dragging its shares down 17 percent on Wednesday after the firm released its latest earnings results. The […]
Acko, a digital insurance provider in India, raises another $65M at a $300M valuation
On March 13, 2019Source: Asia – TechCrunchBy Ingrid LundenAcko — a startup out of India that has taken on the country’s antiquated insurance industry with a digital-first product for drivers and others in transportation-related scenarios (for example, cancelled ticket insurance) — has raised more funding as it passes 20 million customers on its books. The company has closed a Series C of $65 […]
Drivezy, India’s vehicle-sharing startup, is raising $100M+ at a $400M valuation, eyes US expansion
On March 13, 2019Source: Asia – TechCrunchBy Ingrid LundenDrivezy — the startup out of India that wants to turn private car usage on its head through a car-sharing network where people lend their cars and two-wheeled vehicles but also have options to use vehicles from a fleet managed by Drivezy — said it is raising more money as it gears up for the […]
CXA, a health-focused digital insurance startup, raises $25M
On March 13, 2019Source: Asia – TechCrunchBy Jon RussellCXA Group, a Singapore-based startup that helps make insurance more accessible and affordable, has raised $25 million for expansion in Asia and later into Europe and North America. The startup takes a unique route to insurance. Rather than going to consumers directly, it taps corporations to offer their employees health-flexible options. That’s to say that […]
NVIDIA and OpenAI’s capped returns
On March 12, 2019Source: Asia – TechCrunchBy Danny CrichtonEditor’s note: Starting as a trial, the Extra Crunch Daily newsletter is going to be delivered Tuesday-Saturday, in order to faithfully analyze the happenings in the startup and financial world Monday-Friday. Open AI’s capped returns OpenAI announced yesterday that they are going to be offering a “capped return” security for investors as part of the […]
The Juggernaut is a subscription media company for the South Asian diaspora
On March 12, 2019Source: Asia – TechCrunchBy Jon RussellEveryone and their dog seems to have an email newsletter today, but what happens if and when yours takes off? Some have gone down the paid route, but another credible alternative is to turn it into a subscription media business. That’s a route that The Juggernaut, a new pay-to-play publication targeted at the South Asian […]
China’s Qutoutiao is burning millions of dollars to take on TikTok parent
On March 12, 2019Source: Asia – TechCrunchBy Rita LiaoChinese startup ByteDance is finding itself surrounded by challengers as its empire of new media products, including global video app TikTok and Chinese news aggregator Jinri Toutiao, gather steam. Tencent tried to play catch-up with a handful of new short-video services, and a Facebook clone of TikTok was reportedly in the making. Less-famous players also tried […]
Meituan confirms Mobike’s retreat from most overseas markets
On March 11, 2019Source: Asia – TechCrunchBy Rita LiaoTechCrunch reported last Friday that Mobike has scrapped operations across the Asia Pacific region as a key step towards a long-term plan to scale back its international business. On Monday, its parent company Meituan confirmed that the pioneer in China’s bike rental sector will shut down most of its foreign markets. “Mobike international business is […]
China’s authorities propose to keep minors out of live streaming
On March 11, 2019Source: Asia – TechCrunchBy Rita LiaoChina is getting serious about the way live-streaming videos affect tens of millions of youngsters, so much so a top authority has proposed to tighten restrictions on underage use. According to a report from the China Youth Daily, the Communist Party-controlled All Youth Federation recently submitted a proposal during the once-a-year parliamentary session, urging the […]
The other smartphone business
On March 9, 2019Source: Asia – TechCrunchBy Natasha LomasWith the smartphone operating system market sewn up by Google’s Android platform, which has a close to 90% share globally, leaving Apple’s iOS a slender (but lucrative) premium top-slice, a little company called Jolla and its Linux-based Sailfish OS is a rare sight indeed: A self-styled ‘independent alternative’ that’s still somehow in business. The Finnish […]