Latest from Kate Park
Self-driving vehicles rely on many sensors to detect objects and the world around them. The conventional approach is to work with cameras and lidars. But some tech companies and startups…
Autify launches Zenes, an AI agent for software quality assurance
With the advent of generative AI, AI applications are transforming and reshaping various industries and changing how people work. Software development is no exception. San Francisco- and Tokyo-based startup Autify…
After announcing a strategic partnership with SoftBank in April, Perplexity — the AI search engine that has ambitions to take on Google — is now using the deal to expand…
Fabless AI chip makers Rebellions and Sapeon to merge as competition heats up in global AI hardware industry
South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems…
Linq raises $6.6M to use AI to make research easier for financial analysts
When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding…
VC firm Antler’s CEO says Asia presents ‘biggest opportunity’ in the world for growth
We caught up with Antler founder and CEO Magnus Grimeland about the startup scene in Asia, the current tech startup trends in the region and investment approaches during the rise…
Fertility remains a pressing concern around the world — birthrates are down in many countries, and infertility rates (that is, the inability to conceive) are up. Rhea, a Singapore- and…
In Seoul summit, heads of states and companies commit to AI safety
Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field and establish an international safety research network. Nearly six months after the…
YC-backed Recall.ai gets $10M Series A to help companies use virtual meeting data
More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced Thursday it has raised a $10 million Series A funding round, bringing its total raised to over…
Uber to acquire Foodpanda’s Taiwan unit from Delivery Hero for $950M in cash
Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand…
AI chip startup DEEPX secures $80M Series C at a $529M valuation
The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup’s inaugural products
Thai food delivery app Line Man Wongnai weighs IPO in Thailand, US in 2025
Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025.
Samsung Medison to acquire French AI ultrasound startup Sonio for $92.7M
Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire Sonio, a Paris-based startup that makes AI-powered software…
Samsung’s operating profit soars 930% as AI tailwinds drive demand for memory chips
Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage used…
Carv, a data layer platform that lets web3 gaming and AI companies, as well as gamers, control and monetize their data, has raised a $10 million Series A round led…
Design firm Zypsy will do $100K worth of work for 1% equity for early-stage startups
Zypsy, a design firm with a track record of helping early-stage startups, has launched a new and somewhat unique venture investment program. It will be offering 10 startups up to…
Paraform raises $3.6M seed round to connect startups with recruiter networks
Layoffs usually drive attention and sympathy toward affected employees, but rarely does anyone talk about what happens to the recruiters who are sometimes also asked to leave when companies decide…
Google’s Gradient backs Patlytics to help companies protect their intellectual property
Patlytics, an AI-powered patent analytics platform, wants to help enterprises, IP professionals and law firms speed up their patent workflows, from discovery, analytics, comparisons and prosecution to litigation. The fledgling startup…
US to award TSMC $6.6B in grants, $5B in loans to step up chip manufacturing in Arizona
TSMC is getting the grant under the CHIPS Act, in the latest step by the U.S. to reshore domestic chip manufacturing.
Full Glass Wine raises $14M to continue DTC marketplaces spree, buys Bright Cellars
Full Glass Wine, a brand acquisition management startup that specializes in acquiring wine marketplaces, has raised a $14 million Series A round to continue acquiring DTC (direct-to-consumer) wine marketplaces, aiming…
YC-backed Pelago, a virtual clinic for addiction treatment, raises $58M Series C
Pelago, Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid addictions, said Thursday it had raised a $58 million Series…
StealthMole raises $7M Series A for its AI-powered dark web intelligence platform
StealthMole, an AI-powered dark web intelligence startup that specializes in monitoring cyber threats and detecting cybercrime, announced Thursday that it has raised a $7 million Series A funding round. The…
Web3 investment firm Borderless Capital acquires CTF Capital to bring AI and quant expertise
Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with technology and…
PocketHealth eases doctor-patient communications with easy image exchange
Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and been handed a CD? You’re not alone. Many radiologists still…
Bear Robotics, a robot waiter startup, just picked up $60M from LG
LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment…
This Korean startup wants to take on Carta in cap table management
A South Korean startup called QuotaLab is on a quest to follow in the footsteps of Carta, the cap table management company that’s used by a host of startups and…
Mark Zuckerberg woos Big Tech in Asia to double down on AI chips
Meta CEO Mark Zuckerberg, who is touring Asian countries this week, said in a meeting with South Korean President Yoon Suk Yeol on Thursday that Meta wants to beef up…
Silence Laboratories, a cryptographic security startup, secures funding
Silence Laboratories, a startup that builds infrastructure using multiparty computation (MPC) to help enterprises keep data private and safe, said it has raised a $4.1 million funding round. Pi Ventures and Kira…
Techtaka raises $9.5M for its e-commerce fulfillment service
Techtaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding…
SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture
SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on the red-hot artificial intelligence industry. Now he’s fundraising for his next move in that strategy.…