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Startup Ecosystem & Funding
Amanda Liu and How Her Philosophical Ideas Are Boosting Taiwan’s Startup Ecosystem
“When I was young, my condition was low and I acquired my ability in many things but they were mean matters.”
AppWorks Founding Partner Jamie Lin Discusses the Outlook for Taiwan’s Startup Ecosystem
Jamie Lin is well-known in Taiwan for being a founding partner of AppWorks,, an accelerator based in Taipei that was created in 2010.
McKinsey & Co. to Open North Asian IoT Center in Taiwan, Cites Legal and Technological Advantages
American management consulting firm McKinsey & Co. will open an Asian regional center in Taiwan next year for industrial internet-of-things (IoT) research, taking advantage of the island’s structural advantages, a company official said this week.
Hon Hai Buys Share of Voice Activation Firm in Pursuit of New Technology
Hon Hai, one of the world’s biggest contract electronics manufacturers, announced an investment of US$10 million for a minority share of Hong Kong-registered voice assistant firm Moran Cognitive Technology. The deal gives Hon Hai access to new technology
[Reprint] Why Taiwan Is Poised to Power the Region’s AI Economy
In comparison to the US, China, or UK, Taiwan is not usually the first place that comes to mind when it comes to global AI hotspots. However, recent bold moves by several American tech giants would have you think otherwise.
[Reprint] Taiwanese Mobile Wallet Startup CoolBitX Receives US$13M from SBI Holdings, Others
Its crypto wallet, CoolWallet S, boasts e-ink display, physical confirmation button, secure cold storage, bluetooth connectivity, and over-the-air updates
Former Head of Microsoft and Baidu Will Help Steer American Startup Accelerator’s China Push
Microsoft and Baidu veteran Lu Qi will head Silicon Valley startup accelerator Y Combinator’s new operation in China, a place that he knows well, and its nonprofit research lab in the United States.
[Reprint] Ofo Said to Complete a New Round of Financing Led by Didi and Ant Financial
Chinese bike rental company ofo is said to complete an E2-2 round of fundraising worth hundreds of millions US dollars led by Ant Financial and Didi Chuxing, 36Kr reported quoting insiders (in Chinese). The report did not specify if Ant Financial and Didi
[Reprint] FunNow, an app to book instant entertainment and leisure activities in Taiwan, Raises US$5M Investment
FunNow claims to have signed over 3,000 vendors, providing more than 20,000 activities and services daily for its 500,000 members
[Reprint] Grab Raises Another US$1B To Boost Its Presence In Indonesia
The Southeast Asian ride-hailing giant previously raised US$1 billion from Toyota a month ago
[Reprint] Communicating Capital: Here’s What You Need To Know When Announcing Your Funding News
It may seem trivial, but to reap the maximum benefits of your fundraising round, making a public announcement on it requires some strategy
Sunway Berhad Teams up with KK Fund to Launch US$50M Venture Capital Fund for Taiwanese and Southeast Asian Startups
Sunway Berhad, one of Malaysia's largest conglomerates, has launched a new fund of up to US$50 million for investing in digital startups based in Southeast Asia, Hong Kong and Taiwan.