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Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.

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Europe's Lovable Doubles Valuation to $13.3 Billion in Seven Months

The vibe-coding platform's rapid climb reflects investor appetite for AI development tools, even as the company expands from hosting into model training and cloud infrastructure.

By Mei-Lin Tan·Aug 13, 2026·4 min read
Startups

Japan's Chip Comeback Hits $37 Billion as Sony and TSMC Deepen Partnership

Foreign investment in Japanese semiconductor manufacturing reaches new milestone, driven by government subsidies and demand from AI infrastr

Kenji Watanabe ·   · 6m
Startups

Cognition Eyes $40 Billion Valuation Three Months After Billion-Dollar Round

The maker of Devin, an AI coding agent handling enterprise grunt work, is negotiating its next raise on the back of accelerating revenue gro

Arjun S. Mehta ·   · 4m
Startups

Form Energy Secures $750 Million to Scale Iron-Air Battery Production

The West Virginia manufacturer's 100-hour storage systems are winning orders from Google and data center operators as U.S. electricity deman

Arjun S. Mehta ·   · 5m
Startups

When a $250 Million Exit Turns Into a Fraud Investigation

VideoVerse's acquisition by Minute Media promised to showcase Indian startup success. Instead, investors are chasing missing millions throug

Arjun S. Mehta ·   · 7m
Startups

Thrive Holdings Raises $2 Billion to Embed AI Into Legacy Businesses

The OpenAI-linked firm now manages over 70 companies across accounting and IT, with a new vertical targeting regulatory bottlenecks in physi

Arjun S. Mehta ·   · 5m
Startups

Yulu's $93 Million Raise Signals Shift in India's Delivery Infrastructure

As quick-commerce redraws urban logistics, the Bengaluru startup moves from bike-sharing to becoming the subscription backbone for 750,000 d

Priya Nair ·   · 7m
Startups

A Boston Startup Wants to Turn Your Water Heater Into a Grid Battery

Reservoir has raised $8 million to deploy heat pump water heaters that predict household demand, slash energy bills, and stabilize electrici

Daniel R. Whitfield ·   · 4m
Startups

The Bottleneck After the Boom: Why Code Validation Is Suddenly Worth Half a Billion

Blacksmith's valuation surge reflects a hard truth about AI-assisted development: generating code has become trivial, but proving it works h

Arjun S. Mehta ·   · 8m
Startups

Tencent's Ad Revenue Climbs as Desktop AI Agent Gains Traction

The tech giant's Hy3 model and WorkBuddy agent are showing faster commercial momentum than investors anticipated, lifting second-quarter res

Wei Zhang ·   · 5m
Startups

Phia's Affiliate Scheme Was No Accident, Internal Messages Show

Leaked Slack exchanges reveal the shopping startup's founders discussed cookie stuffing for months before calling it a "bug" in public state

Marcus Halloran ·   · 5m
Startups

Flight Data Becomes Courtroom Battle as Prediction Market Faces Lawsuit

A real-time flight tracker alleges unauthorized use of its proprietary data to settle gambling contracts, raising questions about data right

Daniel R. Whitfield ·   · 5m
Startups

Building the Hidden Half of Fusion: Japan's Kyoto Fusioneering Moves to Tennessee

While reactor startups chase plasma breakthroughs, one supplier is building the fuel-breeding and heat-harvesting systems that will actually

Kenji Watanabe ·   · 6m
Startups

Bluesky Sheds Half Its Mobile Users While Betting on Protocol Over Platform

The decentralized network's shift toward AT Proto infrastructure reveals a strategic pivot as app engagement drops 52% from its 2024 peak

Daniel R. Whitfield ·   · 5m
Startups

Uber Quietly Exits Serve Robotics Without Warning the Delivery Bot Startup

The ride-hailing giant sold its entire stake in the sidewalk robot company it once spun out, leaving Serve to learn about the divestiture th

Arjun S. Mehta ·   · 5m
Startups

Tokyo Bets on Global Startups to Unlock University Tech Locked in Labs

A new government initiative is connecting Japanese research institutions with overseas entrepreneurs and investors to bridge the commerciali

Kenji Watanabe ·   · 5m
Startups

Joby Buys RF Systems Maker for $500M to Split Defense From Air Taxi Push

The electric VTOL company acquires Resonant Sciences to create a standalone defense unit, shielding its consumer certification timeline from

Daniel R. Whitfield ·   · 6m
Startups

Accel Bets $550 Million on India's Next Startup Wave

The Valley firm closed its sixth India fund in weeks, oversubscribed, with over half its prior vehicle still undeployed - a signal that AI i

Priya Nair ·   · 7m
Startups

OpenAI's Brad Lightcap Steps Down After Eight Years to Launch New Venture

The executive who built the AI giant's foundational business operations is leaving at a pivotal moment, as the company prepares for a landma

Arjun S. Mehta ·   · 4m
Startups

Supermassive Games Cuts 75 Jobs as Horror Studio Faces Third Downsizing Since 2024

The UK developer behind Until Dawn enters redundancy consultation as franchise moves to Sony's internal teams

Marcus Halloran ·   · 4m
Startups

Sea Outpaces Expectations as Shopee Holds Ground Against Regional Rivals

The Singapore tech conglomerate's second-quarter performance signals resilience across e-commerce, fintech, and gaming amid intensifying com

Mei-Lin Tan ·   · 4m
Startups

Europe's €5 Billion Growth Fund Chose EQT to Run It. Here's What Happens Next

The Commission's Scaleup Europe vehicle just backed Finnish satellite firm ICEYE in a Series F, signaling a new phase in Brussels' bid to ke

Mei-Lin Tan ·   · 6m
Startups

SK Hynix Eyes Exit From China Packaging Plant as AI Memory Pivot Accelerates

The Korean chipmaker's move to divest its southwest China facility reflects a broader industry shift toward high-margin AI products, but val

Wei Zhang ·   · 5m
Startups

Qiming Venture Logs Nine Portfolio Exits in Eight Months as China Brake Tech Firm Surges

Nasn Intelligent Tech's 90% debut pop underscores investor appetite for autonomous driving infrastructure - and the pressure on Chinese VCs

Wei Zhang ·   · 7m
Startups

Indonesian Fleet Tech Startup McEasy Secures $9M to Push AI-Driven Expansion

A blend of equity and debt signals investor confidence in data infrastructure for Southeast Asia's fragmented logistics sector, even as comp

Arjun S. Mehta ·   · 7m