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THE Covid-19 pandemic is sweeping across the world at breakneck speed, impacting not just global financial markets and businesses but disrupting just about every aspect of our daily lives.
US startup companies focused on transportation technology could be among the casualties of Covid-19, according to venture investors who say new funding and investment exits are drying up as the economic outlook darkens.
PETALING JAYA: The ROSE Foundation and Laboratory in Malaysia was launched to provide integrated screening services for cervical cancer - the third most common cancer among Malaysian women.
From GERAK EXCO.
MALAYSIA’S startup scene has drawn considerable interest from investors. But as funds continue to pour into the South-East Asia region, more needs to be done to appeal to foreign investors for Malaysia to get a larger share of that funding pie.
When Silicon Valley startup Phantom Auto was formed in 2017, it was one of many software suppliers hitching their fortunes to self-driving cars, confident that fleets of robotaxis would be using their technology within a few years.
New commercial drone businesses flooded into the market at the start of the decade, flush with venture capital and giddy with visions of unmanned aircraft being used for everything from delivering packages to fertilising farmland.
TOKYO: China went through a five-year surge in venture capital (VC) investment that fostered a new generation of startups from ride-hailing giant Didi Chuxing to TikTok-parent Bytedance Ltd. Now the boom may be over.Venture deals in China plummeted in the second quarter as investors pulled back amid unpredictable trade talks and growing concerns about startup valuations. The value of investments in the country tumbled 77% to US$9.4bil in the second quarter from a year earlier, while the number of deals roughly halved to 692, according to the market research firm Preqin.
SOUTH-EAST Asia has seen a sharp increase in venture capital (VC) and private equity (PE) capital investment in the past few years. According to Bain & Co, the number of recorded VC deals for 2017 rose to 524, four times the level of 2012, and PE deal value rose 75% to US$15bil (RM62bil).