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Tech for Business

‘We want to pay it forward’: Funding Societies raises $25M to boost capital for SMEs in Southeast Asia

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Small and medium-sized enterprises (SMEs) account for nearly 50% of Southeast Asia’s GDP, contributing to job creation, innovation, and overall economic expansion. Nevertheless, as...
Market Dynamics

General Motors Cuts Funding to Cruise, Nixing Its Robotaxi Plan

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Since General Motors acquired the San Francisco self-driving-tech developer Cruise in 2016, the Detroit automaker has poured more than $8 billion into creating a...
Tech for Business

Honda cuts funding to robotaxi venture with Cruise and GM in Japan

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Honda Motor Co. will stop funding a joint venture with General Motors and Cruise to launch a robotaxi service in Japan, now that GM...
Tech for Business

Trump’s proposed university endowment tax could hurt funding, VC warns

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Some VCs are looking at the Trump administration’s proposed massive tax increase on university endowments with alarm, warns Ann Miura-Ko, co-founder at Floodgate Partners. “There...
Tech for Business

Tech tackling cow disease gets funding support – Daily Business

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