Archive | investment RSS feed for this section

Fujitsu to Build Taiwan’s Top-Performing Supercomputer for the National Center for High-Performance Computing

21 Jun tech image

Fujitsu Limited and Fujitsu Taiwan Limited have announced that they will build a new supercomputer system for Taiwan’s National Center for High-performance Computing, National Applied Research Laboratories (NCHC) that will have the highest performance in the country at the time it commences operations, scheduled for May 2018. The new system will serve as the core platform for research and development in Taiwan, fostering the development and growth of Taiwan’s overall industries and economy. (more…)

Cognata Raises $5M to Launch Deep Learning Simulation, Dramatically Speeds Time to Market for Autonomous Vehicles

16 Jun money3-e1448338277627

Cognata, Ltd., has announced the launch of its simulation engine, supported by $5 million in funding from Emerge, Maniv Mobility, and Airbus Ventures. (more…)

SmartPost: SingPost is leveraging NFC, RFID to digitize its processes

14 Jun singpost-smartpost

By Kajal Joshi, The Tech Portal

Singapore Post (SingPost), the nation’s postal service provider, has been adapting latest technologies to keep up with the evolving trends. Today it has announced an initiative named SmartPost that will utilise wireless and digital technologies to increase postal service quality and improve operational efficiency. (more…)

Singapore sets up an online portal to help senior citizens go tech-savvy

13 Jun Screen-Shot-2017-06-10-at-2.36.17-PM-990x530

By Kajal Joshi, The Tech Portal

The Info-communications Media Development Authority (IMDA) has introduced an online portal called IM Silver in the on-going Silver I.T. fest today (June 10). (more…)

SoftBank to acquire robotics company Boston Dynamics from Google parent Alphabet

10 Jun boston-dynamics-990x509

By Anmol Sachdeva, The Tech Portal

SoftBank is accelerating its robotics technology efforts. The Japanese giant has today announced that it will be acquiring two more robotics firms, Alphabet’s Boston Dynamics and Japan-based Schaft, to further make its mark in the field of robotics. The financial terms of both the transactions haven’t been disclosed and are subject to customary regulatory approvals. (more…)

Fintech startup ftcash raises pre-Series A funding from IvyCap Ventures and 500 Startups

9 Jun ftcash-990x468

By Jeet Suthar, The Tech Portal

ftcash, a financial technology startup, has announced that it has raised an undisclosed amount of funding in its pre-Series A round from venture capital firms IvyCap Ventures and 500 Startups. (more…)

BHIVE Workspace raises $1.2 million from Blume Ventures to expand its footprint

8 Jun bhive-workplace

By Jeet Suthar, The Tech Portal

BHIVE Workspace, which provides co-working space, has raised $1.2 million in a new funding round, led by Blume Ventures. Along with Blume Ventures, Actor-Director Ramesh Aravind, SKCL MD Meera Reddy and other high net-worth individuals have also participated in this round. (more…)

500 Startups may revive plan to raise India-focused fund in 2017

26 May 500-startups

By Ashvita Anand, The Tech Portal

According to a top executive at the company, 500 Startups may not put its India investment strategy on hold. The Silicon Valley based start-up fund and incubator has invested in several early stage Indian startups till date and initially planned to set up an India- focused fund later this year. (more…)

In yet another win for mortgage tech market, robo-adviser MortgageGym nabs £2Mn

25 May Screen-Shot-2017-05-22-at-11.38.03-PM-e1495504651834

By Disha Manocha, The Tech Portal

MortgageGym, the mortgage robo-adviser, has managed to rake in £2 million in a seed funding round. (more…)

Yokogawa Develops the ADMAG Total Insight Electromagnetic Flowmeters

19 May ADMAG_Total_Insight_350dpi

Yokogawa Electric Corporation announces that it has developed the ADMAG Total Insight (TI) series, a new portfolio of electromagnetic flowmeters, and will release it on May 15. (more…)