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While economic conditions and the ongoing global coronavirus pandemic may not make for the best atmosphere for raising funding, some companies are still announcing round closures with significant money committed. Cambridge-based ElevateBio, for instance, revealed a $170 million Series B funding on Monday, with participation from new investors The Invus Group, Surveyor Capital, EDBI, and […]

The coronavirus pandemic has all but halted a lot of business activity, but today comes news of a deal that underscores how M&A is still happening in some sectors despite (not because of) everything else going on. One.com — the big hosting provider in Europe with around 1.5 million customers, itself acquired just over a […]

Online learning looks likely to be a key beneficiary of the social distancing and quarantine measures that are being applied around the world as countries grapple with the COVID-19 pandemic. In turn, this looks set to buoy some relative veterans of the space. To wit: Preply, a 2013-founded tutoring marketplace, is today announcing a $10 […]

Barely a month after making the official Budget 2020 announcement, Singapore, like many other nations, took an unexpected economic downturn due to the rapid COVID-19 transmission, which originated in Wuhan, China in December 2019. However, the Lion City became one of the countries that had its guards up early in the event because it remains […]

The post How the US$34B Resilience Budget 2020 resonates with the tech community in Singapore appeared first on e27.

Air Doctor, the health tech startup that connects travellers with local doctors, has raised $7.8 million in Series A funding. The round is led by Kamet Ventures (the AXA-backed venture builder), and The Phoenix Insurance Company. Founded in 2016, Air Doctor aims to empower travellers who get sick when abroad and need non-emergency advice or […]

Malaysia PM announces US$58B stimulus package for COVID-19-affected businesses Prime Minister Muhyiddin Yassin has announced an economic stimulus package amounting to US$58 billion to help alleviate people and businesses, especially small-and-medium-sized enterprises (SMEs) whose source of income had been affected by the COVID-19 outbreak. Ministry of Communications and Multimedia Malaysia (KKMM) and Malaysia Digital Economy […]

The post News Roundup: Malaysia announces US$58B economic stimulus package for COVID-19-affected SMEs, Tokopedia invests in SiCepat appeared first on e27.