Tech in Asia

The new funding will help Mentaily accelerate development and expand both locally and globally.

By blending the best of human and robotic capabilities, the construction industry is entering a new age of possibility.

This brings Classiq's total capital raised to US$173 million.

Founded in early 2024, Next Stage Venture Studio specializes in startup acceleration and investment strategies.

Losses for listed firms in SoftBank's Vision Fund investment vehicles are projected at US$900 million.

Motilal Oswal Financial Services is also expected to lead a US$250 million funding round for Zepto.

In November, the company had already announced plans to cut 9,000 jobs and reduce global production capacity by 20%.

After surviving a deadly typhoon, a Filipino social entrepreneur shares how his country can tackle the climate crisis.

The Wall Street Journal reports that the price hikes are being considered alongside new features and designs.

Trump claimed the US exports no cars to Europe, while the EU sends 13 million cars annually to the US.

But on May 2, the US imposed a steep 120% tariff on such shipments, casting doubt on the rule’s future.

iReader's short drama segment generated 776 million yuan in revenue in the previous year, marking significant growth.

Founded in December 2023, X Square Robot has raised over $100 million in just 18 months.

In March 2025, foreign-branded smartphone shipments in China fell to 1.887 million units.

Apple shares increased by more than 6%, while Amazon saw its stock rise over 8%.

Itochu’s portfolio companies will receive support from the ADIO to establish and expand their operations in the emirate.

The project has yet to secure financing or start detailed discussions with banks and investors.

The agreement was finalized on May 12, 2025, during the Abu Dhabi Investment Forum in Tokyo.

Tesla has leased office space in Mumbai and secured showroom locations in Delhi and Mumbai.

This round increases Co-one’s valuation by 1.5 times compared to its previous €640,000 (US$712,864) raise.