CNBC feature KEY POINTS Despite its promise, a future full of autonomous vehicles still seems like a distant fantasy. But tech giants, automakers, and start-ups from the U.S. and China, including Ford, GM, Baidu, Tesla, and Alphabet, have invested billions of dollars and years of R&D into making it a reality. Robotaxis seems like a good...
Category: Global News
Spotlighting cool trends, hot issues and leading edge tech at Silicon Dragon and CES 2020.
Silicon Dragon spotlights top 10 tech and venture trends for 2020.
It has been tough selecting two winners from the 19 entrepreneurs who pitched last week at Silicon Dragon’s pitch last week in New York City. There were the co-founders Bao Lei and Ying Shen who pitched their startup Xingzhi, which uses big data and machine learning to match Chinese students who wish to study abroad with U.S. universities. There was Sally...
Indian startup Cleartax draws impact money from Founders Fund and Sequoia Capital India to digitize filing of taxes. Plus, New Zealand and Taiwan pair up in new fund.
Don’t expect the downturn to last long though. Several new funds emerged in April, led by GGV’s mega $1.2 billion fund.
China Power: 11 China-based VCs rank among the top 100 startup investors globally while Mainland China counts 41 of 155 unicorn companies worldwide. New deals span India, Japan, the UK and Malaysia.
Startup Asia Digest: VC Andrew Chung forums 1955, Didi tips scales at $20B, Huawei stands behind Tim Cook’s position, China’s Perfect World links up with Hollywood
Prominent venture investors in the Forbes Asia list of young up and comers include DCM, Gobi Partners, Sequoia Capital, IDG Ventures India and Golden Gate Ventures.
Sequoia Capital’s new mega fund for India and Southeast Asia goes for the jackpot by backing more and more regional next-generation startups.
Hong Kong fintech startup WeLab nabs $160 million and becomes a near-unicorn, a first for the city.
Mind-boggling amounts are going into Asian ventures – Norwest raises huge $1.3 fund amid new government-led startup capital while Meituan-Dianping pulls in $3.3 billion for market race dominance.