STORIES
David Duong: From Struggles to Success in Recycling
David Duong is the founder and owner of California Waste Solutions (CWS) in the United States and Vietnam Waste Solutions (VWS) in Vietnam. He is a successful businessman…
By Yan li
RECENT ARTICLES
Novella secures $21 million to grow AI-powered insurance brokerage for complex risks
Novella, an AI-powered wholesale insurance brokerage that focuses on large and complex physical assets, has raised a total of US$21 million so far, including a recently completed US$16 million Series A funding round. The funding round was led by Brewer Lane Ventures, with support from investors including Box Group, Crystal Venture Partners, SV Angel, Avid […]
May 15, 2026
Legend of Toys raises $2.5 million in pre-series A round
Legend of Toys has raised ₹21 crore(approx US$2.5 million) in a Pre-Series A funding round to support its goal of creating India’s first premium play universe for children. The funding round also included investments from Singularity Early Opportunities Fund, Veltis Capital, Enzia Ventures, DeVC, Atrium Angels, and Stride. The company plans to use the new […]
May 15, 2026
Mitsubishi Motors and FPT Japan Holdings Sign MoU to Explore Software and Digital Collaboration
Mitsubishi Motors Corporation has signed a Memorandum of Understanding (MoU) with FPT Japan Holdings Co., Ltd., the Japanese unit of Vietnam’s major ICT company FPT Corporation. The agreement is aimed at starting discussions on working together in software and digital technology. The two companies are also considering the possible creation of a joint venture in […]
May 15, 2026
Bharti Airtel reappoints Sunil Bharti Mittal as chairman
Bharti Airtel has reappointed its founder Sunil Bharti Mittal as Chairman of the Board for another five years. His leadership has now been extended until 30 September 2031. His current term ends on 30 September 2026, and the new term will start on 1 October 2026. The decision was approved by the company’s board based […]
May 15, 2026
SK Telecom and Defense Ministry Sign MOU to Use Sovereign AI Foundation Models
SK Telecom has partnered with South Korea’s Ministry of National Defense to build a defense-focused artificial intelligence (AI) model based on its own foundation AI system. On Thursday, both sides signed a memorandum of understanding (MOU) to use SK Telecom’s AI model, developed under the government’s national AI project, for military and defense purposes. Under […]
May 15, 2026
Popular Stories
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INDUSTRY Insights
Leading Asian Healthtech startups in 2026
The healthcare industry is changing fast, thanks to new technology that makes care smarter, quicker, and more personalized. Many startups across Asia and beyond are creating tools and…
By Yan li
RECENT ARTICLES
Akamai Acquires Israeli AI Browser Security Startup LayerX for $205 Million in Cash
Akamai Technologies is buying Israeli cybersecurity startup LayerX Security for about $205 million in cash. LayerX Security develops tools that help companies control and secure the use of AI in web browsers. It also offers secure enterprise browser (SEB) technology to protect employees and company data while working online. LayerX’s technology adds security directly in […]
May 15, 2026
Degron Therapeutics raises $40 million in series A round led by LAPAM CAPITAL
Degron Therapeutics (“Degron”), a clinical-stage biotechnology company, has raised US$40 million in a Series A round led by LAPAM CAPITAL Other investors in the round include GTJA Investment Group, Fortune Capital, CSPC & Growth, ApicHope, GF Xinde, CASSTAR, Kinghall Ventures, and GAGE Capital. With this latest funding, Degron’s total capital raised has reached US$95 million. […]
May 14, 2026
TruKKer Raises Up to $300 Million Financing Facility from ADCB
TruKKer, a leading digital freight network in the Middle East, has secured a new trade receivables financing facility worth up to US$300 million. Abu Dhabi Commercial Bank (ADCB) acted as the sole arranger and lender for the deal. The financing is supported by TruKKer’s trade receivables portfolios across the different countries where the company operates. […]
May 14, 2026
Stitch raises $25 million in series A round led by Andreessen Horowitz
Stitch, a platform that provides operating systems for modern financial institutions, has raised US$25 million in a Series A funding round led by Andreessen Horowitz (a16z). This investment is a16z’s first investment in the GCC region and increases Stitch’s total funding to US$35 million. Existing investors including Arbor Ventures, COTU Ventures, Raed Ventures, and SVC […]
May 14, 2026
Melazyme raises $2 million seed round led by SeaX Ventures
Melazyme, a precision fermentation startup that develops high-performance functional biomolecules, has raised US$2 million in a seed funding round. The round was led by SeaX Ventures, with participation from Stellaris Venture Partners and Plug and Play Ventures. The company will use the funding to improve its platform, expand production capacity, and support the early commercial […]
May 14, 2026
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