Category: News Articles

Bangkok-based startup HD recently concluded a $6 million funding round to enhance healthcare in Southeast Asia with the sharing economy model. HD platform connects patients looking for affordable surgeries, surgeons operating private practices and hospitals with vacant surgery rooms. Co-founder and CEO Sheji Ho acknowledged that his startup’s model would be counterintuitive based on the…

London-based startup Swytch Bike raised a total of $6 million throughout 2022 to allow people to convert their regular bikes into electric bikes easily and at a reasonable price. Launched in 2017, Swytch helps people who already own traditional bikes to join the e-bike boom that is happening around the globe using its conversion kits.…

Nigerian startups collectively managed to raise $967.2 million in 2022, attributing to 27.4 percent of the total $3.6 billion venture capital raised by African startups. Nigeria became the largest recipient of startup funding on the continent, followed by Kenya, Egypt and South Africa. Startups that led the funding race include Flutterwave, Moove, TeamApt, Interswitch and…

Indian startup SaveIN has completed an $8 million funding round to improve accessibility and affordability using technology in the private healthcare sector. SaveIN platform connects users who require medical services with quality healthcare providers. They can find basic treatments and elective procedures in the app, including alternative therapies and preventive wellness programs. Patients can also…

Impact App, a popular Indian health and wellness mobile app, has raised $600,000 in pre-seed funding to promote “fitness kindness.” Initiated in 2016, Impact allows its users to contribute to charitable causes simply by walking. The app converts users’ steps into points. It works with various companies to convert the points into real-life money to…

WeWork India has raised Rs 550 crore (approximately $66.5 million) to reshape the future of workspace in the country. A part of the global co-working space firm WeWork, the India branch is operated by domestic real estate conglomerate Embassy Group. The office space startup enables workers to perform their jobs comfortably in a supportive community.…

PUMP, the operator of South Korea’s e-scooter service Xingxing Mobility, has raised 20 billion won ($15.6 million) in Series B funding to promote micro-mobility. With the Xingxing app, users can rent an e-scooter to commute around the town. CEO Sang-hun Kim said most Xingxing users are in their 20s and 30s. Xingxing is the leading…

Californian-based SaaS startup Automotus has just completed a $9 million seed funding round to automate curb space management in the United States. Many American cities have to deal with challenges in managing their curb space due to the change in the mobility landscape. In the past, curbs were only used for public parking, buses, taxis…

Dutch health technology startup Aiosyn has raised €2 million (approximately $2.1 million) in funding to improve clinical diagnostics using artificial intelligence. CEO and co-founder Patrick de Boer said the health industry was facing the challenges of higher workload and staff shortage. This issue caused slow development in finding cures for several diseases, including cancer. Another…

Israeli-based startup MyTower has raised $4 million to bring property management tech to the United States. The New Elad Residence and JTLV Capital led the funding round, with participation from Anax Ventures, Lamed Holdings, Built-up Ventures and SELA Construction & Investments. MyTower offers solutions like rent collection, on-demand concierge services, and a marketplace of Internet…