Artificial Intelligence-driven space technology company signs UAE contract worth $510 million
The agreement extends Space42’s secure communications services beyond 2026.
India's Velocity launches $23.5 million fund for cloud kitchens
Founded in 2020, Velocity specializes in revenue-based financing for direct-to-consumer (D2C) and e-commerce businesses.
Indian rooftop solar startup raises $2.3 million
The funds will help drive ZunRoof's solar roof design, installation and IoT-driven energy monitoring services.
Uber, CEO Khosrowshahi each donate $1 million to Trump's first fund
The donation adds Uber to the list of tech companies supporting the incoming administration.
Earth VC invests $9.5 million in US air conditioning solutions provider
Mojave Energy Systems develops energy-efficient air conditioning technology.
Amazon sells 4% stake in Indian retail chain for $33 million
Amazon originally acquired a stake in Shoppers Stop in 2017 for $21.5 million.
Indian fintech company Curie Money raises $1.2 million in seed funding
Curie Money aims to fill a gap in the Indian market by combining higher mutual fund returns with banking and payment services.
Israel's Vgames raises $142 million for gaming investment
Founded in March 2020 and led by Eitan Reisel and Daniel Mironov, Vgames has invested in 38 companies globally.
AMD invests in artificial intelligence cloud startup Vultr at a valuation of US$350 million
Vultr plans to use the new funds to expand into artificial intelligence infrastructure and cloud computing.
Indian climate technology company raises $1 million in seed funding
The funding will be used to develop the company's climate risk management platform, Resilience360.
SandboxAQ raises $300 million in latest funding round
SandboxAQ is currently valued at over $5.6 billion.
Israeli fintech company secures US$11 million in financing
The investment was led by The Garage, with participation from State of Mind Ventures, Anfield and Guy Gamzu.
Indian intercity bus platform raises US$9 million in Series A financing
The company plans to raise an additional $6.9 million through the issuance of preferred stock.
GIC invests additional US$150 million in Asia Healthcare Holdings
The new financing follows GIC's $170 million investment in February 2022.
Indian quantum tech startup raises $2 million in seed funding
The funding comes at a time when quantum technology is gaining traction in India, bolstered by government measures.
Indian retail intelligence platform raises $12 million in Series B funding
The round was led by Pavestone VC, with participation from IndiaMART and selected family offices.
Chinese artificial intelligence startup raises $41.2 million to improve video technology
The funding will be used to support research, expand resources, develop talent and improve product development and market coverage.
Australia allocates $1.07 million to upgrade health facilities in northern New South Wales
Staff reporter , Australia Photo by Nwato Minor works are planned to start in the first half of 2025. The Australian government of New South Wales has announced a US$1.07 million (A$1.7
Meta pays $50 million to settle Australian privacy invasion case
The data of more than 300,000 Australian Facebook users was accessed without the consent of third-party developers.
Part of the investment includes US$173.4 million (A$274 million) in grants to 223 researchers.
Part of the investment includes US$173.4 million (A$274 million) in grants to 223 researchers.
Google, H&M and more invest $80 million in carbon credits
The Frontier Alliance initiative includes major players such as Google, H&M and Stripe.
Paytm shares hit 52-week high of $127.56 million
Paytm's share price has soared 58.5% this year, far exceeding the BSE index's return of 11.82%.
Tyme Group raises $250 million, achieves unicorn status
Nubank led the investment with $150 million, while M&G's Catalyst contributed $50 million.
Alibaba sets up US$150 million fund for artificial intelligence startups
Since 2015, Alibaba Venture Fund has supported more than 80 new startups, with an investment amount of more than US$100 million.