Bangkok-based workplace app firm Eko has secured a $20 million Series B funding round, as it expands into the European market with a London office. The round was led by Indonesian VC…
Anger in Israel as Airbnb Bans Settlement Properties from Site
Airbnb will pull property listings in the Israeli-occupied West Bank, prompting a political backlash in Jerusalem. The vacation rental firm had come under criticism for failing to mention that dozens of homes…
Deals of the Week: Hashicorp goes Unicorn, Chinese Coffee Burns Cash and Grab Gets Bumper Funding
Hashicorp: The Young, Hot Startup Worth $1.9 Billion Hashicorp is an open-source software firm that has quickly gained traction. Last Thursday, investors stumped up $100 million that valued the company at $1.9 billion.…
How Sefamerve Aims to Master the $254bn Islamic Fashion Market
Islamic fashion, oftentimes known as modest fashion, is a $254 billion market. Perhaps it’s surprising, then, that so few startups have made a successful go at dominating it. Sefamerve, a Turkish e-commerce…
Temasek Acquires Israeli Cybersecurity Firm Sygnia for $250m
Temasek, Singapore’s state-controlled investment vehicle, has acquired Israeli cybersecurity company Sygnia for around $250 million. Sygnia, headquartered in Tel Aviv, only came out of stealth last year. It was launched in 2015…
SoftBank Takes Massive Hit on Stock Tumble, and Saudi Khashoggi Outcry
Japan’s SoftBank Group Corp has devalued by as much as $22 billion, on the back of a global tech stock tumble, and ongoing outrage over Saudi Arabia’s alleged slaying of a prominent…
Progress Speeds Up on Dubai to Abu Dhabi UAE Hyperloop
Five years after Elon Musk imagined the Hyperloop, two companies are vying to make it a reality between the United Arab Emirates’ two most prominent cities. The proposed Hyperloop between Dubai and…
Here Are Macau’s Three Most Exciting Startups
Hong Kong may be recognized as the tech darling of China’s south coast. But its sister territory, just a four-hour ferry across the Zhujiang River Estuary, has a startup scene of its…
Four Beijing-Based Unicorns You May Never Have Heard Of
In case you’ve been living under a very large, dark rock, you’ll know that Chinese tech is poised to take on the world – trade war or no. And while western headlines…
Sequoia Closes India and SE Asia Fund at $695m
Sequoia Capital has closed its latest fund for India and southeast Asia at $695 million. It is the Californian VC’s sixth in India since it expanded into the country in 2012, which…