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Startups

Hotelmize raises Series B funding from Alibaba, establishes APAC headquarters in Hong Kong

Hotelmize – one of PhocusWire’s Hot 25 Startups for 2020 – is aiming to gain a foothold in Asia Pacific and to expand operations in the region following a new capital raise. Alibaba Hong Kong Entrepreneurs Fund and Brilliance Ventures are leading the Series B round of undisclosed funding.

Read more: https://bit.ly/2UK5D9m

How can startups survive 2020?

2020 has certainly posed a new set of challenges for startups as businesses across most industries have taken an economic hit. Tech in Asia data shows that dealmaking in February this year is down 26% compared to the same month last year.

Read more: https://bit.ly/39IGy2z

How startups can shift gears and overcome the downturn

In times of economic expansion and prosperity, raising capital for a startup is much easier. Investors feel encouraged to pump capital into nascent sectors because the prospect of higher returns is more attractive. However, the landscape changes when there’s a crisis.

Read more: https://bit.ly/3aJVJdh

New guidance on SBA loans means most startups are still excluded from $349 billion stimulus

Under new guidance issued by the Small Business Administration it seems non-profits and faith-based groups can apply for the Paycheck Protection Program loans designed to keep small business afloat during the COVID-19 epidemic, but most venture-backed companies are still not covered.

Read more: https://tcrn.ch/2wdnBY8

Investors tell Indian startups to ‘prepare for the worst’ as Covid-19 uncertainty continues

Just three months after capping what was the best year for Indian startups, having raised a record $14.

Read more: https://tcrn.ch/3bHy9hh

Start-Ups Are Pummeled in the ‘Great Unwinding’

Dozens have laid off thousands, slashed costs and changed their businesses to try to survive the pandemic. All that may not work.

Read more: https://nyti.ms/2JywnTA

SenseTime to seek up to $1bn private funding, deferring Hong Kong IPO

HONG KONG — Chinese artificial intelligence startup SenseTime Group has deferred its plan for an up to $750 million initial public offering in Hong Kong this year and instead aims to tap private markets, people briefed on the plan said, joining the list of companies scrapping share-sale plans as th

Read more: https://s.nikkei.com/2Uy7jSZ

Startups and SBA Loans

Last week Congress passed the CARES Act which provides a vast array of financial relief provisions to people and businesses in the US. Congress is providing relief to small businesses via a forgivable loan program administered by the Small Business Administration (SBA).

Read more: https://bit.ly/3apDfP3

Connecting Startups from India and HK

At a kick-off session officiated by Ms Priyanka CHAUHAN, Consul General of India to Hong Kong, the panel at HKUST examined why Hong Kong startups have succeeded in scaling up internationally, but demonstrated limited success in developing an entrepreneurial mindset.

Read more: https://bit.ly/3bzKN1T

6 Conversations Entrepreneurs Must Have ASAP

Offices are closed. Production is halted. Billings for your products or services are frozen. Clients/customers have been lost, and crucial past receivables aren’t coming in.

Read more: https://bit.ly/39pq1R1

科技園補助400初創 每間限7.5萬

繼特區政府上月成立「防疫抗疫基金」,為科學園、工業邨和創新中心等租戶提供6個月全額免租後,香港科技園公司新增一項財務支援措施,向參加旗下3個創業培育計劃的初創給予資金補助,每間公司總額上限為7.

Read more: https://bit.ly/2J9xIjM

Chrome’s ad blocker will expand to video on August 5

Google today announced that Chrome’s ad blocker is expanding to video on August 5, 2020. As with previous ad blocker rollouts, the date is likely not tied to a specific Chrome version — Google will be expanding the scope of its browser’s ad blocker server-side.

Read more: http://bit.ly/2wCU2iz

Skype co-founder’s Oriente secures US$20 million in debt funding facility

ONLINE lending startup Oriente announced late on Wednesday that it has secured a US$20 million debt funding facility from multi-asset investment firm Silverhorn Group.

Read more: http://bit.ly/2xdvzk6

城大新發電機 一滴水點亮百LED

原文刊於信報財經新聞「StartupBeat創科鬥室」 城大研究團隊部分成員,(左起)鄭煥璽、徐王淮、王鑽開、張超及宋雨欣。(城大圖片) 由香港城市大學學者領導的研究團隊,研發出新型水滴發電機(Droplet-based Electricity Generat

Read more: http://bit.ly/38sl769

壯大香港科研生態 由大學孵化初創做起 (錢玉麟)

本文作者錢玉麟,為香港大學計算機科學系榮休教授及譯谷創辦人,原文刊於信報財經新聞 香港金融業在國際上享負盛名,若能提升香港在財經翻譯方面的效率和質素,亦可助鞏固其國際金融中心地位。(黃勁璋攝)

Read more: http://bit.ly/2T1wvj5

創新的兩難!顛覆性及永續科技 V.S 老牌企業與新興企業

最早的挖土機是以蒸汽為動力,下一代則發展為鋼纜牽動鏟斗的汽油動力引擎,幾乎所有蒸汽挖土機製造商,Bucyrus、Thew、Marion,都轉為內燃引擎挖土機製造商,包括後來的柴油引擎。

Read more: http://bit.ly/2LE6mno

HK incubator The Mills Fabrica invests $2m in apparel hub MOTIF

The Mills Fabrica, the tech incubator of Hong Kong property developer Nan Fung Group, has invested $2 million in MOTIF, an apparel knowledge platform of American apparel business development consulting firm Alvanon.

Read more: http://bit.ly/36Kram6

創科署推支援企業措施 應對嚴峻經濟環境

創新科技署推出新措施,協助中小企及初創企業減輕資金問題。(中通社圖片)

Read more: http://bit.ly/2mBhkRu

Founders of Successful Tech Companies Are Mostly Middle-Aged

It took an entrepreneur to reimagine the mundane home thermostat as an object of beauty — and then to make a fortune based on that vision. The entrepreneur was Tony Fadell, who had that thermostat epiphany after decades in the tech industry, including at companies like Apple. Mr.

Read more: https://nyti.ms/2zLyI8R

Glints Raises Series B – What’s Next?

That was way back in 2015, when we first left college to launch Glints. Glints was not only our first company, but our first work experience. So there were many things we didn’t know, and had to figure out along the way.

Read more: http://bit.ly/2M7QydP

港產人工智能心電圖檢測儀成獸醫恩物

寵物市場經常被忽略,但其實有着相當龐大的需求。本地初創公司 Aniwear 就針對獸醫的需要,開發小型心電圖檢測儀器,配合人工智能和機器學習,快速為動物進行心臟檢查。unwire.

Read more: http://bit.ly/2Y9563f

How a Hong Kong startup gets caught up in US-China trade war

Taylor Host has been operating his artificial intelligence startup out of Hong Kong for more than two years. The American entrepreneur has clients from Europe, North America and Asia, but he settled in the city for its adjacency to Southeast Asia and mainland China’s massive market.

Read more: https://tcrn.ch/32zU8D0

香港科研揚威日內瓦國際發明展 奪56個金獎及53個銀獎

最後更新日期:2019-04-13 22:28 在瑞士日內瓦舉行的「第47屆日內瓦國際發明展」,香港發明創新總會率領的香港代表團,展出來自香港5間大學及7間科研機構,共近120個的發明項目,共獲得56個金獎及53個銀獎,包括香港科技園公

Read more: https://www.hk01.com/社會新聞/317718/香港科研揚威日內瓦國際發明展-奪56個金獎及53個銀獎

3 tips for businesses entering Hong Kong’s strong startup scene

Klook, Gogovan, and 9Gag are all successful startups in different industries, but they have one thing in common: they were all founded in Hong Kong. Hong Kong has been touted as an ideal place for fledgling businesses, boasting a total of 2,625 startups in 2017.

Read more: http://bit.ly/2uTU4hR

No sleep, no sex, no life: Chinese tech workers face burnout before hitting 30

One young couple who works in the tech industry have been trying for months to conceive a child but are too tired for sex on weekdays. / Illustration: Perry Tse/SCMP He is so focused on keeping his startup alive that he can’t sleep at night.

Read more: http://bit.ly/2G7RE5L

Hong Kong’s 4 Fintech Unicorns: Download the Newest Whitepaper on Hong Kong’s FinTech Ecosystem Now!

WHub’s FinTech Whitepaper presents the key findings and facts as well as a comprehensive analysis of the contributing factors in the ecosystem that have solidified Hong Kong’s position as a leading global Financial Hub and its evolution into a competitive FinTech Hub.

Read more: http://bit.ly/2uJYxUt

Intel Capital invests $117 million in more than a dozen startups

Intel Capital today announced an investment of $117 million in 14 startups doing things like making AI inference faster, helping manufacturers deploy AI systems, building semiconductors, and creating disruptive tech beyond AI in health care and communications.

Read more: http://bit.ly/2YJeFTK

These days, co-opting is the best way for tech companies to succeed, says VC

This is heavily revised from the original show transcripts. For the full interview, go here and here. In this interview, we looked back at 2018 and discussed the impact of the Flipkart-Walmart deal on the Indian venture ecosystem.

Read more: http://bit.ly/2JPJGC2

港最大中小企融資平台Qupital完成1500萬美元A輪融資 拓展大中華業務

香港2019年3月27日 /美通社/ — 香港最大網上中小企貿易融資平台 Qupital (橋彼道) 今日宣佈,完成1500萬美元 (約1.

Read more: http://bit.ly/2FwwU66

Here are the 88 companies that launched at YC’s W19 Demo Day 2

Today was the second half of Y Combinator’s two-day Demo Day for its Winter 2019 class. Over 85 startups pitched on stage yesterday, and another huge batch launched today.

Read more: https://tcrn.ch/2ulnuVL

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