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AMMA Pregnancy Tracker, a femtech platform catering to pregnant women with personalized healthcare recommendations, has received a 250K investment from US venture capital fund SOSV, and will participate in the upcoming 19th cohort of SOSV’s Shanghai-based cross-border accelerator, Chinaccelerator.
Read more: https://bit.ly/3ta3Tof
UK-based Together Price is a leading digital identity platform that helps manage group subscription plans. The platform, which tackles growing subscription fatigue around digital subscriptions is among a new wave of startups that has exceeded its crowdfunding target.
Read more: https://bit.ly/2KrBRnc
For many startups, public relations seems like a great strategy for gaining quick exposure. After all, 70% of consumers prefer to get to know about a company via articles rather than through advertisements.
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The United States’ decision to remove special policy exemptions that had treated Hong Kong differently than mainland China could hurt Hong Kong’s tech startup scene.
Read more: https://zd.net/2zbE3tB
Douglas is the English Master in Communication. A marketing strategist and content writer, he spent three years with Microsoft in Silicon Valley managing the global social media marketing strategy for BizSpark, Microsoft’s Azure and software program for entrepreneurs.
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My colleague Matt Cynamon told our partnership last week that the number of jobs on the USV job board had declined from 1,553 to 871 in the past month. So we suggested he share that data and some observations on the USV blog. He did that yesterday.
Read more: https://bit.ly/2A36fi4
The American economy is in a dark period right now, but some in Silicon Valley are optimistic it could spawn a generation of startups whose founders are finally getting the nudge they needed to make the leap.
Read more: https://bit.ly/3dWGX41
The government has announced a £1.25bn ($1.53bn) package of support for startups and tech businesses struggling as a result of the COVID-19 pandemic. The Treasury said late on Sunday it was launching two new facilities aimed at helping innovate businesses through the crisis.
Read more: https://yhoo.it/34ZDluT
Neat, a Hong Kong-based fintech startup, announced today that it has raised a $11 million Series A to help small businesses do cross-border banking.
Read more: https://tcrn.ch/2XobGSD
Startup funding during the crisis: What’s really going on? Funding rounds plummeted by 22% in March, valuations are dropping and founders are worried they won’t be able to raise their next round.
Read more: https://bit.ly/3aYnqiD
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
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
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
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
Just three months after capping what was the best year for Indian startups, having raised a record $14.
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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
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
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
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
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