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Portugal pumps up to €60m into new initiatives to avert backslide in startup ecosystem
Government funding to ensure the strategically important and social impact startups don't fail, post-Covid
UPDATE: Indonesian mPOS startup Cashlez raises IDR 85bn from IPO in May
Cashlez is the first fintech company to list on the Indonesia Stock Exchange; will spend over 60% of proceeds to acquire payments company in toll road market
Some Chinese startups spot new market opportunities amid Covid-19 gloom
Crises create opportunities for startups to pivot and innovate, as Covid-19 is showing
Game developer Digital Happiness promotes Indonesia with its ghosts and ghouls
The Indonesian studio behind the popular horror game, DreadOut, recently released a sequel after its first game saw 2.5m downloads worldwide and raked in $7.5m, and was even made into a movie
Calling Factorial “the Zendesk of HR," Silicon Valley heavyweight CRV led the round, in its first-ever investment in Spain
Pony.ai repurposes its robotaxi fleet for last-mile delivery amid the Covid-19 pandemic
Pony.ai is seeking more ways to commercialize its versatile autonomous driving technology, transforming mobility and logistics
Tokopedia gets hacked, 91m customer records for sale on the dark web
Tokopedia is investigating the breach, and users should change their passwords as soon as possible
F&B supplier STOQO collapses, a casualty of Covid-19 restaurant closures in Indonesia
A once promising startup, STOQO's woes reflect the challenges faced by the local F&B industry, which is finding new ways to stay afloat
Edpuzzle waives fees for video learning platform during coronavirus pandemic
Spanish edtech startup Edpuzzle lets teachers create engaging remote-learning tools from easily accessible online videos
How Sequoia Capital China is helping its portfolio startups get through the Covid-19 crisis
The renowned investor is also making big bets on the opportunities that lie head
Infervision: AI-screening platform helps doctors detect Covid-19 infection within 10 seconds
Chinese medtech lets doctors analyze chest CT scans to diagnose Covid-19 with 98% accuracy; first used in Wuhan, Infervision's system has also been deployed in Japan, Italy and the US
Indonesia gaming and esports – Covid-19 brings increased interest but also challenges
Canceled industry events may have curtailed promotion and investment opportunities, but interest in gaming and esports has increased
Gojek acquires Indonesian POS startup Moka, gains greater share of SME fintech market
Deal reportedly worth $120m will add Moka's network of over 30,000 merchants to Gojek's reach
Amid Covid-19 gloom, some bright spots in Portugal's tech startup scene
Despite a recession and doubling of the unemployment rate forecast this year, it's not all bad news for the Portuguese tech ecosystem
Amartha CEO and founder apologizes for Covid-19 letter that mixed government work with his business
Andi Taufan retracted the letter, saying haste to support Covid-19 prevention program led to administrative errors, after public uproar and allegations of conflict of interest
