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Rivian is one of the hottest EV startups doing the rounds. It has deep pockets thanks to investments from Ford, Amazon, and many venture capital firms. Amazon’s investment in Rivian originally was $700 million which entailed the startup producing 100,000…
Venture capital deals in Asia Pacific dropped by one-fifth in the third quarter, attributed to a Chinese economic slowdown, but tailwinds await due to upcoming policy reforms. Total venture capital deal value in the region dropped to $14.92 billion in the…
Palo Alto Networks is forming a $20-million security venture fund to provide early stage investments to fuel development of security applications for the Palo Alto Networks Next-Generation Security Platform. The fund will be aimed at seed-, early- and…
INDONESIA’S eFishery, a smart fish feeder manufacturer, said it has secured pre-Series A funding from Dutch aquaculture investment fund Aqua-spark and Indonesian venture capital (VC) firm Ideosource. eFishery did not disclose the investment amount, but said…
Veteran Cross-Border and Logistics Ecommerce Executive Leaves Arvato Bertelsmann to Join aCommerce as Group Chief Logistics Officer Mitch Bittermann to strengthen the cross-border and logistics capabilities of the growing end-to-end ecommerce enabler en route…
WhatWeLike, an Indonesia online fashion social shopping startup has closed a seed funding round of an undisclosed amount from local VC firm East Ventures. According to the company, the funds will be used to recruit new talent, develop mobile initiatives, and…
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