Kate Park

South Korea’s fabless AI chip industry saw a slew of fundraising events over the last couple of years as demand for hardware to power AI applications skyrocketed, and it seems…

When generative AI tools started making waves in late 2022 after the launch of ChatGPT, the finance industry was one of the first to recognize these tools’ potential for speeding…

We caught up with Antler founder and CEO Magnus Grimeland about the startup scene in Asia, the current tech startup trends in the region and investment approaches during the rise…

Fertility remains a pressing concern around the world — birthrates are down in many countries, and infertility rates (that is, the inability to conceive) are up. Rhea, a Singapore- and…

Government officials and AI industry executives agreed on Tuesday to apply elementary safety measures in the fast-moving field and establish an international safety research network. Nearly six months after the…

More money for the generative AI boom: Y Combinator-backed developer infrastructure startup Recall.ai announced Thursday it has raised a $10 million Series A funding round, bringing its total raised to over…

Uber Technologies announced Tuesday that it will buy the Taiwan unit of Delivery Hero’s Foodpanda for $950 million in cash. The deal is part of Uber Eats’ strategy to expand…

The Series C funding, which brings its total raise to around $95 million, will go toward mass production of the startup’s inaugural products

Line Man Wongnai, an on-demand food delivery service in Thailand, is considering an initial public offering on a Thai exchange or the U.S. in 2025.

Samsung Medison, a medical device unit of Samsung Electronics that specializes in developing diagnostic imaging devices, said on Wednesday it plans to acquire Sonio, a Paris-based startup that makes AI-powered software…

Samsung Electronics said on Tuesday that its operating profit surged more than 930% in the first quarter of 2024, driven by soaring demand for its servers, memory chips and storage used…

Carv, a data layer platform that lets web3 gaming and AI companies, as well as gamers, control and monetize their data, has raised a $10 million Series A round led…

Zypsy, a design firm with a track record of helping early-stage startups, has launched a new and somewhat unique venture investment program. It will be offering 10 startups up to…

Layoffs usually drive attention and sympathy toward affected employees, but rarely does anyone talk about what happens to the recruiters who are sometimes also asked to leave when companies decide…

Patlytics, an AI-powered patent analytics platform, wants to help enterprises, IP professionals and law firms speed up their patent workflows, from discovery, analytics, comparisons and prosecution to litigation.  The fledgling startup…

TSMC is getting the grant under the CHIPS Act, in the latest step by the U.S. to reshore domestic chip manufacturing.

Full Glass Wine, a brand acquisition management startup that specializes in acquiring wine marketplaces, has raised a $14 million Series A round to continue acquiring DTC (direct-to-consumer) wine marketplaces, aiming…

Pelago,  Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid addictions, said Thursday it had raised a $58 million Series…

StealthMole, an AI-powered dark web intelligence startup that specializes in monitoring cyber threats and detecting cybercrime, announced Thursday that it has raised a $7 million Series A funding round. The…

Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with technology and…

Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and been handed a CD? You’re not alone. Many radiologists still…

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment…

A South Korean startup called QuotaLab is on a quest to follow in the footsteps of Carta, the cap table management company that’s used by a host of startups and…

Meta CEO Mark Zuckerberg, who is touring Asian countries this week, said in a meeting with South Korean President Yoon Suk Yeol on Thursday that Meta wants to beef up…

Silence Laboratories, a startup that builds infrastructure using multiparty computation (MPC) to help enterprises keep data private and safe, said it has raised a $4.1 million funding round. Pi Ventures and Kira…

Techtaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding…

SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on the red-hot artificial intelligence industry. Now he’s fundraising for his next move in that strategy.…

Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in…

Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, confirmed it laid off around 20 staff, or less than 10% of its workforce, according to a spokesperson of Wattpad. The…

Rebellions, a South Korean fabless AI chip startup, said today it has closed $124 million (165 billion KRW) in a Series B round of funding to develop its third AI…