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Canva Becomes Australia’s Second Tech Unicorn

January 9, 2018

Australian graphic design firm Canva has become Australia’s first tech unicorn. The Sydney-based company, which currently employs 250 people, received a funding round of $40 million from China’s arm of Sequoia Capital,…

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As VC and Talent Base Show, West Bank’s Tech Sector is Well Poised

December 30, 2017

Palestine’s tech sector is not a new phenomenon. Its universities are among the most prestigious in the Arab world, and multinationals have flocked to its history-rich, rolling landscape for years. In the…

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Asia’s Top Tech Trends in 2018: By the Letters

December 22, 2017

Across Southeast Asia, rising tech startups and firms are vying for glory in 2018. While artificial intelligence (AI) and augmented reality (AR) may be touted as the next big things in Silicon…

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China’s Bike-Share Market a Failure of Transparency and Tech

November 16, 2017

Bluegogo, one of China’s largest bike-share companies, appears on the edge of ruin, with its office empty, debts unpaid and its CEO suddenly absent. The firm, which has raised $58 million and…

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Amid a Humanitarian Tragedy, Entrepreneurship is Being Kept Alive in Yemen

October 17, 2017

When Ibrahim Saleh began working in tech, barely anybody else understood what he did. It was 2006 and his home country of Yemen, torn by decades of coups, conflicts and civil wars,…

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The Top Five GCC Startups to Watch Out For

October 12, 2017

The Middle East has risen, in a short space of time, from a digital backwater to a region of immense tech promise. The Gulf Cooperation Council (GCC) sits atop its valued metrics.…

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For One Sri Lankan Software CEO, There Was One Obvious Choice for Scale: Scandinavia

September 29, 2017

In 2005, five years after Mano Sekaram founded software engineering firm 99X Technology in Sri Lanka, he was looking to scale internationally. His firm was at the vanguard of a booming tech…

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Red Herring Asia 2017: Winning Startups “Drive Disruption”

September 28, 2017

Red Herring Asia 2017 took place in Manila Wednesday and Thursday last week. The gathering showcased the best Asian tech and entrepreneurship across a variety of talks, discussions and presentations. It culminated in the announcement…

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Made in Taiwan: How an Asian Tiger is Still Searching for its Startup Stripes

September 26, 2017

It’s difficult to find a stronger hardware nation, per capita, than Taiwan: the island state, officially the Republic of China, is home to just 23 million people. But it has produced a…

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Is the iPhone X Opening a Global Door to Chinese Competition?

September 18, 2017

So, finally, it’s here. Apple’s iPhone X has arrived with all the pomp and grandiosity of a Persian emperor. But is the Cupertino company’s latest offering–which marks a decade, improbably, since the first…

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Investment Roundup

Saudi Startup Foodics Gets $20m Cash Injection

Saudi Arabian firm Foodics, which has created an all-in-one restaurant

The Exit Report

Israel’s YL Ventures Sells Axonius Stake for $270m, Just a Week After Unicorn Valuation

Israeli venture capital fund YL Ventures has sold its stake in compatriot

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