News list for " start-up"
On February 15th, Sun Huajun, CTO of Shenzhen BYD Lithium Battery Co., Ltd., revealed at the 2nd China All-Solid-State Battery Innovation and Development Summit Forum that BYD will start batch demonstration and loading of all-solid-state batteries around 2027, and achieve large-scale on-board after 2030.
US AI start-up funding reached $97 billion in 2024, accounting for nearly half of the total start-up funding for the year, a record high. Several companies, including xAI and OpenAI, completed billions of dollars in financing, driving this growth. Global AI investment accounted for 35.7% of the total venture capital. Meanwhile, start-up financing in Europe and Asia fell to $61.60 billion and $75.90 billion respectively, indicating that resources are more concentrated in the AI field.
On December 27, the China Animal Husbandry Association, together with 9 associations in major producing areas, recently submitted an application for safeguard measures to the investigation authority, arguing that the sharp increase in China's beef imports in recent years has had a significant adverse impact on the domestic industry. The Chinese investigation authority reviewed the domestic industry application in accordance with the law and decided to initiate an investigation after finding that...
On December 6th, it was learned from sources that during the 2024 photovoltaic industry annual conference, several photovoltaic companies signed a self-discipline convention under the organization of the China Photovoltaic Industry Association. The companies participating in the signing include Longji, GCL, Jinko, JA, Tianhe, Chint, Yiyi Xinneng, Aixu, Oriental Risen, Jietai, Tongwei, etc. Sources revealed that the main purpose of the self-discipline convention is to control production, but ther...
Web3 health tech startup Pulse has completed a $1.80 million Pre-Seed funding round led by Collab + Currency and Lemniscap. According to the team: "Pulse's digital technology aggregates wearables, electronic health records, and diagnostic data into a comprehensive, unified health profile. Pulse uses privacy-first technology to enable users to securely share this data with partners such as researchers or healthcare providers as they wish, resulting in actionable health insights and improved healt...
GnosisDAO has approved a proposal to launch a $40 million venture fund aimed at accelerating early-stage blockchain projects. GnosisDAO will contribute $20 million to the fund, with the remaining $20 million coming from outside LPs. The fund, called the GnosisVC Ecosystem, will prioritize investments in projects working on real-world asset (RWA) tokenization, decentralized infrastructure, and financial payment channels.
According to the data disclosed by Hong Kong media, the Hong Kong Cyberport community startups still had a strong financing performance in the past year. In the year ended September 2024, Cyberport startups successfully raised more than HK $3.70 billion, an increase of 23% year-on-year. Cyberport companies that have recently completed high financing include KLOOK, Leapstack, Buy & ship, MediConCen, DeBox, etc., with a cumulative total financing exceeding HK $41.20 billion. During the year, HashK...
Humanode, a biometric blockchain project, is launching an ecosystem fundraising initiative worth $10 million to "support and nurture its on-chain projects". It is not clear who is involved in the fundraising, but the team noted that it was backed by "funds and angel investors". The project will be on Humanode EVM, using cryptographic biometrics to defend against Sybil ". Humanode plans to partner with projects selected for the program to provide not only funding, but also technology...
The HKMA (HKMA) has launched the second phase of its Digital Hong Kong Dollar (e-HKD) pilot study, where 21 Financial Institution Groups are studying 11 use cases for central bank digital currencies and tokenized deposits. In light of the expanding scope of the project, the HKMA has renamed it the "e-HKD + Project", and the new phase of the project will have its own sandbox for about a year. The e-HKD + project will focus on three themes: tokenized asset settlement, programmability, and offline ...
On September 6th, the Zhejiang Securities Regulatory Bureau recently launched a private equity self-inspection work, focusing on bond transactions. A private equity manager in Zhejiang said that the self-inspection work covers 20% of private equity managers in Zhejiang, and the penetration is very strong, requiring the penetration of financial, product and investor information. "In fact, last year, the supervision checked the private equity managers in Zhejiang who only do bonds, mainly targetin...
DMM Group and Progmat announced the launch of a joint study on the issuance of stablecoins that comply with the amended capital settlement law, and plan to use the stablecoin in the digital economy circle "Seamoon Protocol" conceived by DMM Group to promote the expansion of the token economy circle and the increase in the value of SMP. The utilization plan of stablecoins is divided into three phases, including price stabilization, economic circle development, and expanded use cases. It is expect...
On August 5th, in response to rumors related to the listing, Honor responded to the media on August 5th: Honor plans to start the corresponding shareholding system reform in the fourth quarter of this year, and then start the IPO process in a timely manner. Honor will disclose relevant financial data in the corresponding process. After the above news was released, Tianyin Holdings and Aishide hit the daily limit at around 14:40, but Tianyin Holdings failed to close the board. The reporter called...
Tanzanian fintech startup Nala has raised $40 million in Series A funding to support its B2B payments platform called Rafiki. The oversubscribed round was led by San Francisco-based venture capital firm Acrew Capital, with participation from DST Global, Norrsken22 and HOF Capital.
Artificial intelligence startup Skild AI raised $300 million in Series A funding, valuing the company at $1.50 billion.
