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China unveils private investment fund regulation

Chinese Premier Li Qiang has signed a State Council decree unveiling a regulation on the supervision and administration of private investment funds.The regulation, with

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Will foreign investment in China surge in 2023?

China's economy is resilient due to its sophisticated industrial foundation, strong engineering education system and world-class infrastructure after more than 40 years

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Shenzhou-14 crew prepares for extravehicular activities

Members of the Shenzhou-14 crew have been preparing for their first extravehicular activities (EVAs) with a string of activities, including physical training and spaces

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Bangkok-based insurtech Sunday banks $45M Series B from investors like Tencent

Sunday, an insurtech startup based in Bangkok, announced it has raised a $45 million Series B. Investors include Tencent, SCB 10X, Vertex Growth, Vertex Ventures Southeast Asia India, Quona Capital, A

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Avocados, ice cream and a robotic arm on their way to International Space Station

A recycled Falcon rocket lifted off from NASA's Kennedy Space Center in Florida before dawn on Sunday, carrying almost 2,200kg of supplies and experiments for the ISS's seven astronauts.

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Why global investors are flocking to back Latin American startups

The Latin America startup ecosystem is having a great year, with mega-rounds being announced at breakneck speed and new unicorns minted almost monthly. This is mostly due to the clearly maturing start

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Why do humans venture into space? The sky is no longer the limit

01:43 What happens if the destructive asteroid Bennu clashes with Earth? What are some of the daily necessities that came from space technology? Why do billionaire tyco

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Relativity is pushing back the demo launch of its Terran 1 rocket to early 2022

3D rocket printing company Relativity Space has pushed back the date of the demonstration launch of its lightweight Terran 1 rocket from winter 2021 to early 2022. The company announced the updated sc

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Apple’s sustainability-focused Impact Accelerator invites first 15 Black- and brown-owned companies

Among Apple’s more recent social good initiatives is the Impact Accelerator, an effort launched about a year ago intended to find and elevate minority-owned small businesses taking on sustainabi

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Foxconn plans to build EV factories in the US and Thailand in 2022

Foxconn is getting more serious about its electric vehicle ambitions. The company told investors during an earnings call that it plans to build EV factories in the US and Thailand in 2022 and start ma

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Construction management platform Remato raises $1.7M Seed from Passion Capital

Small and medium-sized construction businesses in Europe and the US tend not to be run on digital platforms, leaving a $1.6 trillion industry relatively untouched. publicly-listed Procore (NYSE: PCOR)

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Founders must learn how to build and maintain circles of trust with investors

Many VCs tout their mentorship and hands-on approach to founders, especially those who run early-stage startups. But in the recent era of lightning-fast rounds closing at sky-high valuations, the cap

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Dataiku gets $400M at a $4.6B valuation, led by Tiger Global

Data science platform Dataiku announced today it has raised a $400 million Series E, bringing its valuation to $4.6 billion. The round was led by Tiger Global, with participation from returning invest

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GM’s earnings dragged down by Chevy Bolt recall

The twice-issued recall for 2017 to 2019 Chevrolet Bolt electric vehicles cost General Motors $800 million, the company said in its second quarter earnings statement Wednesday. Costs associated with f

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Japanese sneaker platform SODA raises $56.4M, accquires rival Monokabu

Just half a year after leading SODA’s Series B, SoftBank Ventures Asia is raising its bet on the Tokyo-based sneaker resell platform. The early-stage venture capital arm of SoftBank Group announced to

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The Lilium electric Jet will use batteries manufactured by Germany’s Customcells

Electric air taxi startup Lilium has tapped German manufacturer Customcell to supply batteries for its flagship 7-seater Lilium Jet.The battery IP is the result of “multiple players,” a Li

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Indonesia-based grocery app HappyFresh reaps $65M led by Naver Financial and Gafina

HappyFresh, the on-demand grocery app based in Indonesia, announced today it has raised a $65 million Series D. The round was led by Naver Financial Corporation and Gafina B.V., with participation fro