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Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore fintech startup Instarem closes $41M Series C for global growth

Singapore's Instarem is a financial technology startup that helps banks and consumers remit money to the sea at a lower cost. It has completed a $41 million Series C financing to pursue global expansion opportunities. This four-year-old company announced the first closure of $20 million in September last year (19,459,005), ...

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Grab launches SME loans and micro-insurance in Southeast Asia

Grab launches SME loans and micro-insurance in Southeast Asia

Grab in Southeast Asia has begun to provide financing to SMEs and provide micro-insurance for its drivers. This release is only a few weeks after Grab raised $1.5 billion from Vision Fund as part of a larger $5 billion H-round financing, the round will be used against competitors. Go-Jek competes. ...

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Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Shiok Meats takes the cultured meat revolution to the seafood aisle with plans for cultured shrimp

Consumers are increasingly interested in replacing protein and meat substitutes, bringing hundreds of millions of dollars to companies trying to grow or replace beef or chicken, but few companies are turning their attention to developing seafood. alternatives. Now Shiok Meats is seeking to change this. The company has raised pre-seed ...

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Former Dropbox exec Dennis Woodside joins Impossible Foods as its first President

Former Dropbox exec Dennis Woodside joins Impossible Foods as its first President

Before Google and Dropbox Executive Dennis Woodside have joined the Meat Alternative Developer Impossible Foods as the company's first president. Woodside previously led Dropbox through an initial public offering, a long-time technical director who is entering the food industry for the first time. The 25-year tech industry veteran recently served ...

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After FAA doubles down on 737 decision, Canada grounds the planes amid reports of complaints from U.S. pilots

After FAA doubles down on 737 decision, Canada grounds the planes amid reports of complaints from U.S. pilots

After the United States Federal Aviation Administration issued a statement late yesterday, they decided to place the Boeing 737 Max aircraft at the heart of two accident investigation flights. Canada has become the newest aircraft country . "Yes – and I have to say no conclusion – but there are ...

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Boeing is moving to address potential issues in new 737s as Europe bans its plane

Boeing is moving to address potential issues in new 737s as Europe bans its plane

After the second fatal crash of the Boeing 737 Max 8 aircraft for six months, the European Aviation Safety Agency is laying the groundwork for the aircraft, as Boeing said it is taking additional steps to resolve issues that may be helpful. . collapse. On Sunday, a Boeing 737 Max ...

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Bike sharing pioneer Mobike is retreating to China

Bike sharing pioneer Mobike is retreating to China

As a clear sign of the state of shared bicycles, Mobike is a once-hot startup that attracts billions of investment funds and is shutting down all international business with its sole focus on China. On Friday, Mobike fired its operations team in the Asia Pacific region with more than 15 ...

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The Khashoggi murder isn’t stopping SoftBank’s Vision Fund

The Khashoggi murder isn’t stopping SoftBank’s Vision Fund

Conducting money talks in the startup community, especially when SoftBank ringed the huge funds of its vision fund. Although the public’s reliance on Saudi Arabia’s funds after the public’s assassination of the Washington Post’s journalist Jamal Khashoggi caused strong public protests, the Softbank Vision Fund’s trading flow seems to have ...

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Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast Asia

Sea is raising up to $1.5B for its Shopee e-commerce business in Southeast Asia

Alibaba is about to be shocked by its biggest competitor in Southeast Asia. Sea, a Nasdaq-listed company, is raising $1.5 billion through a new share offering, which will definitely be integrated into its Shopee e-commerce business. The Singapore-based Sea submitted a document at which plans to provide 60 million American ...

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Jupiter raises $23 million to tell businesses and governments how climate change will destroy them

Jupiter raises $23 million to tell businesses and governments how climate change will destroy them

Whether it is floods, fires or storms, climate-related disasters are now affecting most cities and towns across the country. As the frequency and severity of these natural disasters increase, cities and the companies that live in them are mobilizing to understand how best to deal with the climate challenges they ...

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