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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

Startups can now apply to take part in Google’s first Demo Day event in Asia

On May 23, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Accelerator, Asia, China, Google, shanghai

Google is bringing its Demo Day event to Asia for the first time this September and now the search giant has opened applications for startups wanting to take part. Google’s Demo Day are akin to a short version of an early-stage startup program. As the name suggests it’s a Demo Day but without the months-long program […]

Meet the speakers at The Europas, and get your ticket free (July 3, London)

On May 23, 2018Source: Asia – TechCrunchBy Mike Butcher
Categories: Accelerator, Advertising Tech, Apps, Artificial Intelligence, Asia, Augmented Reality, Automotive, Banking, Biotech, Blockchain, Book Review, Brazil, Built In, Cannabis, Cloud, Collaborative Consumption, Community, Crowdfunding, Cryptocurrency, Developer, Distributed Ledger, Diversity, Earnings, eCommerce, Education, Enterprise, Entertainment, Europe, Events, Finance, Food, Funding, Fundings & Exits, Gadgets, Gaming, Government, GreenTech, Hack, Hardware, Health, Hiring, Mobile, Social, Startups, TC

Excited to announce that this year’s The Europas Unconference & Awards is shaping up! Our half day Unconference kicks off on 3 July, 2018 at The Brewery in the heart of London’s “Tech City” area, followed by our startup awards dinner and fantastic party and celebration of European startups! The event is run in partnership […]

Baidu spins out its global ad business to sharpen its focus on artificial intelligence

On May 22, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Fundings & Exits, andrew ng, artificial intelligence, Baidu, financial services, qi lu, Southeast Asia

Baidu, the Chinese search giant, is spinning out its business unit responsible for utility apps and its mobile ad business to sharpen its focus on artificial intelligence. As part of the spin-out, Baidu is selling a large chunk of its equity in the ‘Global DU’ business to as-yet-undisclosed investors. The plan is to sell “a […]

Tencent leads $50M investment in NewsDog, an app vying to be India’s Toutiao

On May 22, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Apps, Artificial Intelligence, Asia, Fundings & Exits, Media, TC, alibaba, alibaba group, Android, App Annie, Baidu, Goldman Sachs, india, legend capital, newsdog, Paytm, practo, Princeton University, Tencent, Times Internet, Toutiao, Tsinghua University

The growth of China’s Bytedance, an ambitious $30 billion tech firm, and its highly addictive Toutiao news aggregator app has set off a search for services with similar growth potential across the world. India, second in population only to China with rapidly growing internet access, is an obvious place to look, and would-be pretender to […]

Alibaba’s newest initiative aims to make Hong Kong a global AI hub

On May 21, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Artificial Intelligence, Asia, AI, alibaba, artificial intelligence, hong kong, SenseTime

Alibaba is teaming up with SenseTime, the world’s highest-valued AI startup, to launch a not-for-profit artificial intelligence lab in Hong Kong in a bid to make the city a global hub for artificial intelligence. Alibaba, which is SenseTime’s largest single investor thanks to a recent $600 million round at a valuation of $4.5 billion, is […]

Chinese bike-sharing giant Mobike is making big plans for India

On May 21, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, Transportation, bike sharing, india, mobike

You’d be forgiven for thinking that Chinese bike-sharing startup Mobike, which was recently acquired in a $3 billion deal, was already present in India. The company went on an aggressive global expansion spree in 2017; India wasn’t on the radar then, but that’ll soon be rectified with a launch expected in early June. Mobike has bold […]

Ucare.ai is using AI to make healthcare more efficient in Southeast Asia

On May 18, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Artificial Intelligence, Asia, Health, artificial intelligence, Singapore, Southeast Asia, UCARE.AI, walden international

AI is being applied across the board in many industries worldwide, and its scope of influence is only likely to continue to expand as Kaifu Lee, a noted AI expert who was formerly head of Google China, recently told TechCrunch. The main battle appears to be between companies in the U.S. and China, but this […]

Jirnexu pulls in $11M for its financial comparison service in Southeast Asia

On May 17, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Finance, Fundings & Exits, citibank, financial services, Indonesia, Jirnexu, kuala lumpur, malaysia, Southeast Asia, Yuen Tuck Siew

It’s been a busy week for startup funding in Southeast Asia. Following big deals for Carro and Carousell, financial comparison startup Jirnexu is the latest to announce new capital after it closed an $11 million Series B round. The new investment comes courtesy of Japan’s SBI Group — a returning investor which led the round having co-led […]

Tencent profit jumps 61% to $3.7B as its mobile gaming business surges

On May 16, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Earnings, pubg, Tencent, WeChat

Warnings that Tencent, Asia’s highest-valued tech company, might suffer a rare poor quarter of business proved unwarranted after the company smashed analyst expectations for its latest earnings thanks to its fast-growing mobile games business. The company reported a net profit of 23.29 billion CNY ($3.7 billion) on revenue of 73.53 billion yuan ($11.5 billion) — beating a Thomson […]

China’s Didi pares back ‘hitchhiking’ car service following passenger murder

On May 16, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, China, Didi Chuxing, ride hailing

Didi Chuxing is making big changes to Hitch, its inter-city carpooling service, following the murder of a passenger at the hands of a driver earlier this month. Last week, Didi — China’s dominant ride-hailing service by some margin — expressed its “deep remorse” for the murder, and suspended Hitch for a week to conduct a review of […]

Mercari, Japan’s first unicorn, files for $1.1B Tokyo IPO

On May 16, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Fundings & Exits, eBay, Japan, John Lagerling, Mercari, Shintaro Yamada, tokyo, unoh, Zynga

Mercari, the eBay-like service that is Japanese first tech startup unicorn, has filed to go public in an IPO that could raise as much as $1.1 billion. The company is scheduled to list on the Toyko Stock Exchange’s Mothers Market — a board for high-growth companies — on June 19. The company reached the symbolic $1 […]

Facebook adds option to report conversations in Messenger following widespread criticism

On May 15, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Facebook, Messenger

In reaction to criticism around the use of Messenger in some countries worldwide, particularly Myanmar, Facebook has introduced new tools that it allow users of the app to report conversations that violate its community standards. A new tab inside the Messenger app lets users flag messages under a range of categories that include harassment, hate […]

NES Classic loaded with classic manga games raises hopes for other special editions

On May 14, 2018Source: Asia – TechCrunchBy Devin Coldewey
Categories: Asia, Gadgets, Gaming, Famicom, NES, nes classic edition, Nintendo

Japanese gamers and manga aficionados and every combination thereof will get a treat this summer with the release of this NES Classic Edition loaded with games from the pages of Weekly Jump. The manga mag is celebrating its 50th anniversary and this solid gold Famicom is part of the festivities.

Lenovo teases a slick, all-screen smartphone that doesn’t have a notch

On May 14, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Mobile, TC, Apple, iPhone X, lenovo

Lenovo has teased a new arrival that might top Apple’s iPhone X in a bid to deliver a true all-screen smartphone. Apple’s iPhone X goes very close but for a tiny bezel and its distinctive notch, but Lenovo’s Z5 seems like it might go a step further, according to a teaser sketch (above) shared by Lenovo VP […]

Southeast Asia’s Carro raises $60M for its automotive marketplace and car financing service

On May 14, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Automotive, eCommerce, Fundings & Exits, Carmudi, carro, e-commerce, economy, golden gate ventures, idg ventures, Insignia Ventures, singtel, softbank ventures korea, Southeast Asia, Thailand

Carro, an automotive marketplace and car financing startup based in Singapore, has closed a $60 million Series B round to scale its business in Southeast Asia. The deal was co-led by SoftBank Ventures Korea, Insignia Ventures — the firm from ex-Sequoia Asia partner Yinglan Tan — and Facebook co-founder Eduardo Saverin’s B Capital Group. Other […]

Southeast Asia-based mobile listings startup Carousell raises $85M

On May 14, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, eCommerce, Fundings & Exits, Carousell, dbs, golden gate ventures, Indonesia, rakuten, Rakuten Ventures, Singapore, vietnam

Carousell, the Singapore-based mobile listing service that operates across Southeast Asia, has pulled in an $85 million Series C fund as it seeks to strengthen its business among the region’s competitive e-commerce landscape before expanding globally. The round was co-led by existing investor Rakuten Ventures and EDBI, the corporate investment arm of Singapore’s Economic Development Board. Other […]

President Trump says he’s working to give ZTE a reprieve

On May 13, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Policy, China, donald trump, huawei, zte

In a remarkable development, President Trump has thrown an olive branch to controversial Chinese telecom firm ZTE . The company, which sells telcom network equipment and consumer devices including smartphones, said on Wednesday that it would cease its main business operations after the U.S. Department of Commerce announced a seven-year export restriction for the company, resulting in […]

China’s Didi Chuxing suspends carpooling service following murder of a passenger

On May 11, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Collaborative Consumption, China, Didi Chuxing, ride hailing

Didi Chuxing, China’s largest ride-hailing service, has suspended its Hitch, one of its carpooling services, for one week as it investigates the murder of a passenger. The victim was a 21-year-old air stewardess identified only as Ms. Li. State-run news agency Global Times reports that the incident took place in the evening of May 5, […]

Xiaomi is bringing its smart home devices to the US — but still no phones yet

On May 11, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Gadgets, Mobile, TC, Google, huawei, Xiaomi

Xiaomi, the Chinese smartphone maker that’s looking to raise as much as $10 billion in a Hong Kong IPO, is continuing to grow its presence in the American market after it announced plans to bring its smart home products to the U.S.. The company is best known for its well-priced and quality smartphones, but Xiaomi […]

Background screening service HelloVerify eyes growth amid India’s digital boom

On May 10, 2018Source: Asia – TechCrunchBy Jon Russell
Categories: Asia, Fundings & Exits, TC, helloverify, india, verification, Y Combinator

As India’s internet access continues to surge among the billion-plus population, data is becoming the new oil. Whether online commerce, ride-hailing, mobile payments and banking, or more, someone needs to verify that people are who, and what, they say they are. That’s an opportunity where HelloVerify, a verification and background screening startup that recently graduated Y Combinator […]