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Channel: Tech in Asia

China’s Pony.ai, Dubai aim for 25% autonomous trips by 2030

The project will begin with supervised trials in 2025, followed by driverless operations in 2026.

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50 rising greentech startups in Asia

These greentech startups have a shot at becoming the next big thing.

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AI consulting firm Tomoro launches Singapore HQ

Tomoro AI plans to hire over 30 engineers and researchers in Singapore within the next year.

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Hong Kong replaces Wall Street as China’s IPO hotspot

As US markets become virtually inaccessible to Chinese companies, Hong Kong emerges as the new IPO capital for firms like CATL and Mixue seeking overseas expansion.

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Chinese battery maker Hithium to open $100m US factory

Hithium plans to increase overseas revenue from 30% last year to 50% by 2028.

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Toyota targets 20% plug-in hybrid EV sales in US by 2030

Toyota has improved PHEV performance, with the redesigned RAV4 PHEV offering up to 50 miles of electric-only range.

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McGill, DeepMind’s SCAR speeds up AI training with fair rewards

This new method could help AI better align with human values.

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Charting Asia’s M&As: When do startups usually make an exit?

Tech in Asia’s data analyzes M&A deals in Asia - which stage most startups exited, how much was raised, and more.

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Mapping the players sweeping Korea’s cleantech space

Mapping Korea’s cleantech sector: Key players, top investors, and funding insights in one report.

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20 largest exits in Korea

Here's our regularly updated list of the country's biggest startup exits.

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Unicorns out, zebras in

Tariffs and trade wars could signal the end of unicorn hunting in Southeast Asia. Also, we unpack GXS Bank’s bold acquisition play for Validus.

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Circles eyes SGX, Nasdaq IPOs

No specific timeline was provided, but Ansar mentioned a two-year target to achieve metrics that support robust performance.

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Inflection Point Ventures invests in Indian luxury resale startup

The platform currently features over 10,000 products from brands such as Louis Vuitton, Gucci, and Chanel.

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Business Insider lays off 21% of workforce

The layoffs will impact all departments, although the company has not specified the exact number of employees affected.

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More firms eye SGX exit despite market boost efforts

If the offer is successful, Singapore Paincare will be delisted from SGX’s Catalist board.

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Singaporean asset manager Keppel appoints new deputy chairman

Gupta previously served as CEO of DBS Group from November 2009 until March 2025.

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Google begins selling Pixel phones, gadgets online in India

Users can purchase these devices through the official Google Store website.

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Lightspeed leads $19m round for Indian home service app Snabbit

Snabit's series funding round led by Lightspeed, with contributions from Elevation Capital and Nexus Venture Partners.

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These are Asia’s most active investors in AI

We've compiled a list of investors that are pouring money into Asia’s AI startups.

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Tesla to deliver first self-driving Model Y in June 2025: Musk

Musk noted that Tesla has been testing the self-driving Model Y on public roads in Austin, Texas, in recent days.

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Y Combinator joins $4m seed round of Indian AI firm

Unbound provides enterprises with tools to manage and secure AI usage.

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Nvidia considers new AI chip for Chinese market, CEO says

Nvidia saw a 69% year-on-year revenue increase in Q1 and gave an optimistic forecast for the current quarter. 

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Foxconn to reveal Japan EV auto partnership: chairman

Liu made the statement during an event in Taipei on May 29, 2025.

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Israeli construction tech firm Buildots bags $45m series D

Buildots has also partnered with firms in the UK and Europe, such as Sir Robert McAlpine and VINCI Construction.

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Razorpay completes reverse flip from US to India

Razorpay has raised about US$742 million in equity funding with Peak XV Partners, Tiger Global, GIC, and Ribbit Capital.

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Who’s investing in India’s education startups?

We've compiled a list of investors pouring money into India’s education startups.

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Ola Electric posts $104.4m loss, doubling from last year

OIa Electric's revenue from operations declined by 62% year-on-year, totaling US$73.32 million.

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Appeals court temporarily pauses ruling on Trump’s tariffs

The Federal Circuit's order will remain in place while the case is reviewed, with a briefing schedule set to extend.

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360 One Asset leads $33.6m round for Indian fashion brand Snitch

Snitch's funding round led by 360 One Asset Management. SWC Global and IvyCap Ventures also participated in this round.

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Microsoft secures major AI deal with Barclays

The announcement was made during a companywide town hall on May 29.

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Germany may propose 10% digital service tax on tech giants

Similar digital service taxes have been implemented in the UK, France, Italy, Spain, Turkey, India, Austria, and Canada.

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US court ruling lets mobile games avoid Apple fees

The decision requires Apple to let developers sell outside its platform and avoid commission fees of 15% to 30%.

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50 rising startups in Malaysia

Check out this constantly updated list of startups in Malaysia who've recently raised funding.

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Defense tech firm Anduril, Meta partner on extended reality

The initiative is privately funded and uses technologies originally developed for commercial purposes.

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Nvidia, Dell to supply next US gov’t supercomputer by 2026

The system is named after Nobel laureate Jennifer Doudna, who highlighted the growing link between biology and computing.

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Khosla Ventures leads $350m raise for AI-driven database firm

ClickHouse also secured a US$100 million credit facility led by Stifel Nicolaus and Goldman Sachs Group Inc.

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