SF-based VC launches $40m program for early-stage startups
Founded by Alex Lazarow, Fluent Ventures has already invested in regions spanning six continents.
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Clean iron startup Electra raises $186m for renewable plant
Electra plans to use the funds to build a demonstration plant in Colorado later this year.
The Drop Times: Inside Edmonton’s Drupal Meetup Revival: Organizers Share Goals, Challenges, and What’s Next
Sibu Stephen and Vy Nguyen are bringing back the Edmonton Drupal Meetup on April 30, 2025, at Sir Winston Churchill Square. The event will include a Drupal Starshot overview, community planning, and input from developers across the region.
VinFast’s 2024 revenue rises by 58%, net loss up 38%
For the entire year, the company delivered 97,399 EVs, which marks a 192% rise compared to 2023.
LG Electronics Q1 sales hit $15.9b on B2B growth
This marks the first time LG's first-quarter sales have exceeded 22 trillion won.
SEA tech: scaling up or cutting back?
Who’s thriving, and who’s downsizing? Today’s Daily newsletter looks at the region’s profitable startups and the latest tech layoffs across Asia.
Indian biotech startup GreenGrahi raises $3.8m seed funding
GreenGrahi aims to establish India's largest Black Soldier Fly bio-factory, processing 150 tons daily.
Annertech: Annertech ramps up LocalGov Drupal contributions
LocalGov Drupal technical governance group member Tony Barker highlights four main focus areas for the platform, and gives us a taste of what we can look forward to in the next few months.
VinFast to open India plant in June, Indonesia in October
The company plans to prioritize sales in India, Indonesia, the Philippines, and Vietnam.
China’s top ecommerce firms retreat from refund-only policy
The new refund policies aim to reduce fraudulent return requests, impacting how disputes are managed.
Taiwanese media outlet to shut down on April 30
TNL Mediagene confirmed that its other media services will continue to operate and thanked readers for their support.
Americans lost $9.3b to crypto scams in 2024, elderly hit hard
Crypto investment scams were the leading cause of these losses, accounting for US$5.8 billion.
Huawei raises record $2.7b in China debt sale
Huawei's recent SCP issuance includes a 246-day note with a record-low coupon rate of 1.57%.
Coinbase expands with new US office, create over 130 jobs
This will be Coinbase's first physical location in Charlotte, US, which it identifies as an emerging financial, tech hub.
OpenAI projects $13b revenue in 2025, reaching $174b by 2030
OpenAI generates most of its income from ChatGPT, which is projected to contribute US$8 billion this year.
Databricks plans major hiring in India for AI growth
The company will double the number of engineers at its Bangalore research center to over 200.
Taiwan proposes $10b budget to tackle US tariffs
Taiwan's proposed budget aims to support businesses and stabilize the job market amid US tariffs.
UK fintech firm Revolut profits surge to $1.5b
Revolut’s revenues increased by 72% year on year, reaching US$4 billion.
Global chipmaker STMicroelectronics sees Q2 revenue boost
In Q1 2025, the company reported revenue of US$2.52 billion, in line with its forecast of US$2.51 billion.
Nokia misses Q1 profit, flags impact of US tariffs
Nokia's net sales reached 4.39 billion euros (US$4.98 billion), a 3% decline on a constant-currency basis.