Field service automation startup Zinier raises US$90M led by ICONIQ Capital
Zinier, an intelligent field service automation company, today announced that it has raised US$90 million in Series C funding, led by ICONIQ Capital.
Tiger Global Management, Accel, Founders Fund, Nokia-backed NGP Capital, France-based Newfund Capital and Qualcomm Ventures also joined the round.
The funding will support global customer adoption and expansion of Zinier’s AI-driven field service automation platform, ISAC.
Zinier’s field service automation platform helps organisations work smarter — from the back office to the field — to solve problems quickly.
South Korean gaming company NPIXEL raises US$26M Series A
South Korean gaming company NPIXEL today announced that it has secured a US$26 million at a valuation of US$260 million, led by Saehan Venture Capital and Altos Ventures.
“This investment is meaningful in that NPIXEL was recognised by investors who have
handpicked unicorn startups and successful gaming companies in the earliest stages",” said Bong-Gun Bae and Hyun-Ho Jung, Co-founders of NPIXEL. “We will focus on providing the best gaming experience to gamers all around the world, starting with GRAN SAGA.”
Founded in September 2017, NPIXEL has created GRAN SAGA, an MMORPG enchanted by the adventures of knights to save the kingdom and is set to be released in the first half of 2020.
The game is developed in a multi-platform that is not limited to just a single device but can be played across different types of devices including PCs, mobile devices and consoles.
AI and drone startup Clobotics bags US$10M from Tiger Investment to expand to Singapore [KrAsia]
Shanghai- and Seattle-headquartered computer vision technology company Clobotics has raised US$10 million in its Series pre-B+ round from Tiger Investment, 36Kr reported on Wednesday.
The new funds will be channelled toward research and development as well as the company’s expansion to Singapore. Clobotics closed its US$22 million pre-B round in August 2019 and scored US$21 million in Series A investment one year prior.
The company uses its fleet of drones to take precise photos for wind turbine blade safety inspections, sparing manual work and increasing efficiency by up to 10 times, according to its website. Clobotics’ clients include Europe-based GEV Wind Power and Shanghai Electric.
Betatron increases investment amount up to US$500K per startup [press release]
Betatron, a startup investment firm and accelerator programme based in Hong Kong, has announced it will be increasing the investment amount given to each startup up to US$500,000.
In addition, Betatron will be providing its startups with an investor roadshow across Asia and North America, including Demo Days in Hong Kong, Singapore and Silicon Valley in 2020.
The main focus of the Betatron programme is to help each startup raise the next round of funding and accelerate business growth. To date, Betatron has invested in 37 startups from around the world and brought them to Hong Kong for its programme.
Applications for cohort #6 close on 18th March 2020 with the four-month programme starting in Q2, 2020.
Startups don’t need to be in Hong Kong for the entire duration of the programme as it’s designed so they only need to be there for three two-week blocks.
Securemetric invests a 5 per cent stake in Indonesian digital startup [The Edge Markets]
Software company Securemetric has invested in a 5 per cent stake in Indonesian digital startup PrivyID for a cash consideration of 20.25 billion Indonesian rupiah (US$150,000).
The company signed a conditional share subscription agreement with PT Privy Identitas Digital today, it said in a statement.
PrivyID is Indonesia’s first non-government institution certified certificate authority (CA), as well as the first private company in Indonesia that was granted access to the National Identification database.
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