Over 150 investors, including Singapore’s sovereign fund Temasek and Malaysia’s Khazanah, gathered at Mumbai’s five-star Trident Oberoi hotel on a recent Friday for venture firm Lightspeed India Partners’ […]
Rebellions lands $124M to develop its new AI Rebel chip with Samsung
Rebellions, a South Korean fabless AI chip startup, said today it has closed $124 million (165 billion KRW) in a Series B round of funding to develop its […]
ShareChat faces large valuation cut in new funding
ShareChat is in final stages of deliberations to secure about $50 million in new funding that trims the startup’s valuation to below $1.5 billion, according to two sources […]
Tribe Capital eyes leading $75M-plus funding in India’s Shiprocket
Tribe Capital is in talks to lead a $75 million to $100 million funding into the logistics aggregator Shiprocket, according to a person familiar with the matter, a […]
Cruise faces fines, TuSimple exits the U.S. and a new reporter joins the TC transpo team
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for […]
Foretellix raises $85M to build and test scenarios for self-driving systems
On their way to building fully-autonomous vehicles, self-driving car makers are facing a tall task: training their AIs to be able to respond reliably to any and all […]
Southeast Asia funding at its lowest level in six years
Every year, Singapore state investors Temasek teams up with Bain & Company on the e-Conomy SEA report. It covers Southeast Asia’s digital economy and is published by Google. […]
Cruise hits the brakes on driverless, UAW makes progress and more EV backpedaling
The Station is a weekly newsletter dedicated to all things transportation. Sign up here — just click The Station — to receive the newsletter every weekend in your inbox. Subscribe for […]
Temasek and SBI pour $384 million into India’s Ola Electric
Ola Electric said on Thursday that it has raised $384.43 million in a funding round. What the Bengaluru-headquartered electric vehicle startup — which supposedly has no ongoing relationship […]