Date
18 January 2019

startup

  • Waste not: Swedish app allows retailers to sell surplus food

    - Aug 22, 2018 6:27pm
    Around 1.3 billion tons of food produced around the world for human consumption is lost or wasted every year, according to the United Nations’ Food and Agriculture Organization. Such losses amount to approximately US$680 billion for industrialized...
  • China’s UISEE takes different tack to speed up autonomous cars

    - Aug 22, 2018 2:29pm
    Amid the race to bring driverless cars to the public, Beijing-based “unicorn” UISEE has suggested a faster approach to commercialize autonomous vehicles. At the recent 2018 Forbes China Innovation Summit in Chengdu, UISEE’s chief eco-innovation chief...
  • Global unicorn IPOs hit new high: report

    - Aug 21, 2018 7:02pm
    Initial public offerings (IPOs) by unicorns, or venture-backed startups whose valuations had topped US$1 billion in the private market, are on track to hit a new high this year.  According to Crunchbase data, there had been...
  • Bay Area opportunities, challenges: An entrepreneur group’s view

    - Aug 17, 2018 3:13pm
    To encourage offshore entrepreneurs to come and work in mainland China, the Chinese government recently announced that it is issuing new residence permits to residents from Hong Kong, Macau and Taiwan starting September 1. The permits...
  • HKSTP startups to double to 500 in five years, says new chief

    Aug 16, 2018 4:58pm
    The new chief of Hong Kong Science and Technology Parks Corporation (HKSTP) has set aggressive goals to invigorate the city in the global race for innovation and technology. At a media luncheon on Wednesday, HKSTP chairman Sunny Chai...
  • Onion Math helps students learn via videos and games

    - Aug 16, 2018 12:12pm
    Chinese online education startup Onion Math, which operates under Yangcong345.com, offers interesting educational videos to explain complex textbook theories and equations, and interactive games to train students to solve problems. At the Forbes China Innovation Summit...
  • Taiwan’s FunNow to expand in SE Asia, Japan after new funding

    - Aug 16, 2018 11:16am
    FunNow, a Taiwan-based startup that offers instant booking services for entertainment and leisure activities, has completed a US$5 million (around HK$39 million) series A funding round as it seeks to enter new markets in Asia. The latest funding...
  • UK startup FiveAI to send data-gathering cars onto London roads

    - Aug 15, 2018 12:50pm
    UK driverless car startup FiveAI is launching its first on-street trial, sending out vehicles to gather information about London’s roads in a months-long exercise ahead of the planned rollout of the autonomous vehicles. FiveAI plans to...
  • Logistics startup Lalamove seeks to expand in Malaysia

    - Aug 15, 2018 11:29am
    After raising US$100 million (around HK$780 million) in series C funding in October last year, Hong Kong logistics startup Lalamove has ventured into the Malaysia market, testing its services in Kuala Lumpur since June. The company...
  • Price watch app helps homemakers decide which to buy

    - Aug 13, 2018 12:33pm
    Hong Kong-based startup Handy lah has launched an app that provides up-to-date information on prices of various grocery items.  In an interview with the Hong Kong Economic Journal, the company’s co-founders, Cheung Chung-yeung and Tsang Hin-tat, said their...
  • Belun brings AI to wearable healthcare devices

    - Aug 10, 2018 4:35pm
    Wearable devices such as fitness trackers and smartwatches are gaining popularity in the global market. Hong Kong startup Belun Technology has developed the Belun Ring, a medical-grade wearable device that is certified by the US Food...
  • Why Beyond Ventures’ Lap Man won’t invest in ICO projects

    - Aug 10, 2018 1:44pm
    Lap Man, the founder and chief executive of DYXnet Group, has been described as a telecommunications veteran, serial entrepreneur, and investor extraordinaire. But in recent years, he has become more widely known as a venture capitalist...
  • Klook raises US$200 mln in new funds for global business devt

    - Aug 10, 2018 10:32am
    Klook, a Hong Kong-based booking platform for in-destination services, has completed a US$200 million (around HK$1.57 billion) series D funding round as it prepares to expand its business. The latest funding was led by Sequoia Capital...
  • Event matching platform Surkus sees HK as 1st stop in Asia foray

    - Aug 9, 2018 11:56am
    Los Angeles-based event technology startup Surkus has targeted Hong Kong as its starting point for overseas business expansion. Founded in 2015, the US firm completed a US$10 million series B round of funding in May. The...
  • July sees record 55 giant VC deals worth over US$15 billion

    - Aug 8, 2018 11:56am
    A total of 55 “supergiant” venture deals raised more than US$15 billion in July, setting what is likely an all-time record high or at least the highest number of big financing deals in a single month over the past...
  • Former Silicon Valley executives build VR version of YouTube

    - Aug 7, 2018 11:42am
    Seeing the great potentials of virtual reality (VR) in the digital era, a young man gave up his lucrative venture capital job in Silicon Valley and returned to China to establish a VR content sharing platform in...
  • Tech startups: Services, ecosystem hold the key

    - Aug 6, 2018 11:40am
    David Rowan, former editor-in-chief of Wired magazine’s UK edition, delivered a speech at the Digital Innovation Forum 2018 in Taiwan last month. During his address, Rowan shared a number of key points for new start-ups. For...
  • Im’s Lab to keep working on underwater robotics technology

    - Aug 3, 2018 12:52pm
    The difficult operation to save 12 boys and their football coach from a flooded Thailand cave last month had captivated people from around the world. As the effort was underway, US tech billionaire Elon Musk sent...
  • Chan Chi-ming becomes CEO of HK-Shenzhen tech park

    - Aug 2, 2018 6:44pm
    Chan Chi-ming, a former deputy secretary of the Development Bureau, has become the chief executive of the Hong Kong-Shenzhen Innovation and Technology Park (HSITP). Chan’s appointment took effect on August 1, according to an announcement this week. During...
  • En-trak completes pre-series A funding to boost sales teams

    - Aug 2, 2018 4:53pm
    En-trak, a Hong Kong-based smart building solutions company, has completed a pre-series A round of financing led by Alibaba Entrepreneurs Fund and CLP Innovation Ventures Limited. The investment, the amount of which was not disclosed, will be used...

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