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EV startups in dire straits

Tesla CEO Elon Musk recently warned that US electric vehicle (EV) startups Rivian and Lucid could both go bankrupt if they do not significantly lower their costs......»»

Category: itSource:  digitimesJun 20th, 2022

SE Asia startups to reach US$1 trillion in valuation by 2025

Startups in Southeast Asia (SEA) are seeing more opportunities to grow in the post-pandemic era. The number of deals in SEA's tech startup scene in the first half of this year hit a record high with combined value of US$4.4 billion, according to Cent.....»»

Category: itSource:  digitimesRelated NewsDec 8th, 2021

Malaysia leverages innovation sandbox to become Southeast Asia"s drone powerhouse

Starting from 2016, Malaysia has incubated a handful of renowned startups although the country is still in the early stages of drone development thanks to its innovation sandbox policy......»»

Category: itSource:  digitimesRelated NewsNov 30th, 2021

Bessemer Venture Partners Raises $220 Million to Back Founders in India

Bessemer deepens presence in India, continuing long-standing history of partnering with founders and CEOs to build enduring companies Bessemer to invest in early-stage Indian startups and support them through subsequent growth stages Firm also announ.....»»

Category: hostingSource:  dailyhostnewsRelated NewsNov 29th, 2021

Malaysia aims to create 5,000 startups and 5 unicorns by 2025

Malaysia's Ministry of Science, Technology, and Innovation (MOSTI) aims to build a conducive startup ecosystem by launching Malaysian Startup Ecosystem Roadmap (SUPER) 2021-2023 and the MYStartup Platform......»»

Category: itSource:  digitimesRelated NewsNov 25th, 2021

Thailand startups bet on EV growth in post-Covid era

Thailand's startups venturing into the electric vehicle (EV) business foresee an enormous post-COVID growth in the EV sector, more particularly with an increase of charging facilities and EV-sharing service platforms, to accommodate new urban lifesty.....»»

Category: itSource:  digitimesRelated NewsNov 22nd, 2021

Thailand startups bet on EV growth in post-Covid era

Thailand's startups venturing into the electric vehicle (EV) business foresee an enormous post-COVID growth in the EV sector, more particularly with an increase of charging facilities and EV-sharing service platforms, to accommodate new urban lifesty.....»»

Category: itSource:  digitimesRelated NewsNov 22nd, 2021

Asia Venturing V: Global capital market flat? New trends emerging in Asia

Is the global capital market getting flat? Are late-stage investors chasing early-stage startups a new trend or a fad? Is Rivian SPAC reasonably valued? Experts discussed these questions at the fifth round of Asia Venturing, a monthly event co-powere.....»»

Category: itSource:  digitimesRelated NewsNov 17th, 2021

Innovative EV charging startups try to upgrade India"s creaking infra

Electric vehicles are slowly making an entry into the Indian market, but their adoption remains slow. The main reason for this is concerns about charging infrastructure. EV charging stations are not widely available yet. Charging at home is not an ea.....»»

Category: itSource:  digitimesRelated NewsNov 16th, 2021

Highlights of the day: India charging infrastructure needs improvement

Electric vehicles are penetrating the Indian market very slowly, due to a lack of supporting charging infrastructure. According to DIGITIMES' correspondent in India, local EV charging startups are seeking ways to improve the infrastructure. The globa.....»»

Category: itSource:  digitimesRelated NewsNov 16th, 2021

Can startups be the vessel for solving climate change?

Entrepreneurs in the business of protecting the environment may be more effective at addressing climate change than sweeping policies or legacy companies trying to go green, according to a new study out of CU Boulder's Leeds School of Business......»»

Category: topSource:  physorgRelated NewsNov 15th, 2021

India roundup: Paytm and Nykaa see strong IPO results

Startups and digital services are growing fast in India, and Paytm, Nykaa, Amazon Pay, and Battery Smart are seeing growth potential......»»

Category: itSource:  digitimesRelated NewsNov 15th, 2021

9to5Mac Daily: November 10, 2021 – Apple vs Epic news, Legacy Contacts

Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsored by Dire.....»»

Category: topSource:  theglobeandmailRelated NewsNov 15th, 2021

9to5Mac Daily: November 11, 2021 – Apple holiday shopping, more

Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsored by Dire.....»»

Category: topSource:  theglobeandmailRelated NewsNov 15th, 2021

9to5Mac Daily: November 12, 2021 – USB-C iPhone, Apple Store app

Listen to a recap of the top stories of the day from 9to5Mac. 9to5Mac Daily is available on iTunes and Apple’s Podcasts app, Stitcher, TuneIn, Google Play, or through our dedicated RSS feed for Overcast and other podcast players. Sponsored by Dire.....»»

Category: topSource:  theglobeandmailRelated NewsNov 15th, 2021

APT keen on 5G startup incubation

Startup incubators are playing an increasingly crucial role in promoting the commercialization of innovative 5G applications, prompting Asia-Pacific Telecom (APT) to step up efforts on incubating 5G tech startups......»»

Category: itSource:  digitimesRelated NewsNov 15th, 2021

X-PITCH 2021 Global Winners Announced

TAIPEI, Taiwan–(BUSINESS WIRE)–At the Grand Finale of X-PITCH 2021 held on November 11, TOP150 Semi-finalists — who are selected from 3,680 startups in 42 countries — pitched their business online (for international teams) and in a 60.....»»

Category: topSource:  marketingvoxRelated NewsNov 14th, 2021

India e-scooter startups might not get government subsidies

Electric two-wheeler startups in India are finding government subsidies out of reach, according to Entrackr. The government subsidy program PLI requires high investment that could bar the development of EVs instead......»»

Category: itSource:  digitimesRelated NewsNov 11th, 2021

The Philippines paves its way to the second unicorn

Startups in the Philippines have emerged as key drivers of the country's economic recovery, inclusive and sustainable growth as well as job creation. As the Philippines enters the post-crisis future, its government has the vision that tech startups w.....»»

Category: itSource:  digitimesRelated NewsNov 9th, 2021

Cyber Official Warns "American Way of Life" at Risk From Hackers

A top U.S. cybersecurity official offered a dire warning to members of Congress on Wednesday, saying the "American way of life" faces serious risks amid the drumbeat of ransomware attacks and physical threats to the nation's critical infrastructure......»»

Category: topSource:  slashdotRelated NewsNov 4th, 2021

Singapore offers strong incentives to attract startups

Startboard, a Taiwan-based startup incubator, hosted a Singapore-themed evening on October 29th in Taipei on why it makes sense to start a business in Singapore for startups......»»

Category: itSource:  digitimesRelated NewsNov 4th, 2021