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AlGooru, Saudi Arabia’s first licensed private tutoring platform, has successfully raised $4 million in pre-Series A funding through a combination of debt and equity financing. The round was led by Constructor Capital, with participation from Hub71, angel investors, and family offices.

AlGooru Secures $4 Mn Pre-Series A Funding

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Drones, also known as unmanned aerial vehicles (UAVs), are small aircraft that can be controlled remotely or fly autonomously. They come in various shapes and sizes, from small quadcopters to larger fixed-wing models. Drones are equipped with technology like cameras, sensors and GPS to perform a wide range of tasks across industries such as agriculture, photography and emergency services. Drones are powered by electric motors or internal combustion engines. They are typically easy to deploy and operate.

What are Drones? Working and Uses of Drones

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With the unstoppable market appetite for AI, Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, continues to pioneer technology innovation across a diverse range of industries from technology development, imaging, travel to beauty and healthcare.

Alibaba Cloud Drives AI Enhancements Across Industries in Asia

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Singapore-based Multi-country HR platform Omni HR has raised $7.4 million in funding to continue building what fast-growing companies operating in Asia truly need—sophisticated, flexible workflows that work seamlessly across borders while maintaining the localization that their modern workforce requires to operate in the region.

Omni HR Raises $7.4 Mn Funding to Solve HR Challenge in...

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Asian startups secure investment in different funding rounds from venture capital firms and angel investors to grow their businesses and scale up to be more successful in Asia and worldwide. Below are the top 10 Asian Startups Funding Roundups for this week.

Funding Wrap of The Week | Asian Startups Funding Roundup |...

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Interlace, a global card issuance and digital asset management platform based in Singapore, has raised $10 million in its Series B1 funding round.

Interlace Raises $10 Mn in Series B1 Funding Round

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BDx Indonesia, a joint venture between Indosat Ooredoo Hutchison (Indosat or IOH), Lintasarta, and BDx Data Centers (BDx), has recently launched an AI data center park in Indonesia. The phase 1 deployment of the renewable energy-powered CGK4 AI campus is equipped with NVIDIA’s AI and accelerated computing platform. Guided by the spirit of Gotong Royong, this collaboration is dedicated to advancing the country’s vision of becoming an AI-first nation.

BDx Data Centers Introduces Indonesia’s First Sovereign AI Data Center, Built...

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Shopee, the largest e-commerce platform in Southeast Asia and Taiwan, is thrilled to partner with the Children’s Cancer Foundation (CCF) for The Hope Train x ARTrepreneur 2024, a one-of-a-kind art sale and charity event that seeks to inspire and help young cancer survivors find meaningful employment through expression and creativity amidst their health battles.

Shopee and Children’s Cancer Foundation Announce Partnership

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Backbase, the global leader in Engagement Banking, announces its strategic partnership with Seven, a consulting firm and integrator of digital and AI solutions based in Morocco. This collaboration brings together Backbase’s Engagement Banking Platform, with Seven’s deep expertise in digital transformation in banking, setting a new standard for innovation and customer experience across financial institutions in Africa and the Middle East. Recognized for its role in transforming digital banking services, Backbase empowers banks to deliver tailored, seamless experiences for their customers, driving increased digital adoption and engagement while enabling banks to reduce tech debt and improve operational efficiency. Through this partnership with Seven, Backbase aims to further extend its reach and impact in the region, leveraging local knowledge and technical expertise to deploy next-generation banking solutions.

Backbase and Seven Join Forces to Drive Digital banking Innovation in...

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Tenstorrent is announcing that it has closed over $693M in its Series D funding round at a pre-money valuation of $2B. Samsung Securities and AFW Partners led the round, which was oversubscribed due to strong demand from investors. Samsung and AFW both have deep relationships with Tenstorrent, and a strong history of investing in pioneering technology companies. In addition to the leads, many notable investors joined the round including XTX Markets, Corner Capital, MESH, Export Development Canada, Healthcare of Ontario Pension Plan, LG Electronics, Hyundai Motor Group,Fidelity Management & Research Company, Baillie Gifford, Bezos Expeditions, and more.

Tenstorrent Closes $693M+ of Series D Funding led by Samsung Securities...

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