Startups

AI startup plans IPO at value of at least US$1b in China

[BEIJING] The promise of artificial intelligence (AI) has yet to translate into big business. Now Lee Kai-Fu, a prominent venture capitalist in China and founder of Sinovation Ventures, says his...

AEvice brings wearables and the cloud to paediatric asthma treatment

AEvice Health chief executive Adrian Ang had asthma as a child, so he understands how challenging it can be to manage the respiratory condition in young children.

Tech-oriented office company WeWork files to go public

OFFICE sharing startup WeWork will be going public after its parent company filed papers on Wednesday for a stock sale, despite losing money amid rapid expansion.

KiotViet raises US$6m Series A funds from Jungle, Traveloka

STORE management software firm KiotViet has raised US$6 million in Series A funding from Jungle Ventures and Traveloka, the Vietnamese startup announced on Thursday.

European fintechs escape troubles afflicting established banks

[LONDON] When Swedish banking firm Klarna became Europe's most valuable financial technology startup last week, it was only the latest sign that digital finance has escaped the troubles afflicting...

Singapore startups tapping new buzz in Indonesia as test bed

EVEN as Indonesia churns out its own startups, an increasing number of Singaporean startups are looking to the country as a launchpad to test their business model.

SoftBank upends Latin American startups with billion-dollar deal binge

[SAO PAULO] SoftBank Group's Latin America foray, a multibillion-dollar deal spree that minted a wave of "unicorns" and upended the region's startup landscape, is just getting started.

Proptech startup REALly raises S$500,000 in seed funding

PROPERTY management marketplace REALly has raised S$500,000 in seed funding from strategic advisory Huntington Partners, alongside angel investors, the company said in a press release on Tuesday...

SAP launches Singapore accelerator for SE Asian enterprise tech start-ups

SINGAPORE - German software giant SAP aims to groom South-east Asian start-ups specialised in enterprise tech, with the launch of its first accelerator in Singapore on Tuesday (Aug 13).