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Shenzhen's eVTOL Secures Cross-Border Insurance, Opening Hong Kong Airspace
A dual-jurisdiction liability policy breaks regulatory ground for electric air mobility between mainland China and the SAR
By Wei Zhang·Jul 22, 2026·6 min read
DTW · Startups
Startups & Capital
Term sheets, IPOs, layoffs, and the operators building the next wave across ASEAN, India, and Greater China.
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A Former Uber Freight Executive Wants to Dock Nuclear Reactors at Your Local Port
Bluecore Energy secures $10 million to build floating small modular reactors that can power coastal communities and data centers without tap…
Arjun S. Mehta · · 4m
Ant International Secures $1.2 Billion as Cross-Border Fintech Bets Intensify
The Singapore-based arm of Ant Group is doubling down on merchant services and digital wallets across emerging markets, signaling a pivot fr…
Arjun S. Mehta · · 7m
Ant International Closes $1.2 Billion Series A as Alibaba Backs Payments Push
The Ant Group spin-off has secured backing from its parent, Alibaba, and global investors to expand its cross-border payments and fintech in…
Wei Zhang · · 5m
Solar Installation Robots Are Betting On AI to Fix Construction's Labor Problem
Gritt raises $32 million to deploy adaptive robotics on job sites, starting with panels that human crews struggle to keep pace with…
Arjun S. Mehta · · 6m
OnePlus Retreats From US and Europe as Memory Shortage Hammers Android Market
The Shenzhen-based phone maker is pulling new products from Western markets and refocusing on China, as parent Oppo navigates what analysts …
Arjun S. Mehta · · 6m
Inside the Factory Dragging Aircraft Wiring Into the 21st Century
A former SpaceX engineer just closed $65 million to fix the manual, error-prone process that still connects every rocket, jet, and submarine…
Arjun S. Mehta · · 6m
OnePlus Retreats From Western Markets as Component Shortage Reshapes Android Landscape
The Shenzhen-based phone maker is closing US and European operations this week, part of a broader strategic pullback by parent company Oppo …
Arjun S. Mehta · · 4m
An OpenAI Alum Eyes Drug Repurposing as Next AI-Bio Frontier
Miles Wang's stealth venture is reportedly pursuing $200 million to apply foundation models to existing pharmaceuticals, a faster path to ma…
Arjun S. Mehta · · 5m
Lucid Motors Faces Market Panic Over Bankruptcy Speculation
The EV maker's stock plunged more than 50% before recovering, as management rejects reports of Chapter 11 planning and defends its liquidity…
Arjun S. Mehta · · 4m
China's CXMT Eyes Record $8.5 Billion IPO as Memory Shortage Grips Global Tech
The Hefei-based chipmaker's listing highlights Beijing's push for semiconductor self-sufficiency while AI infrastructure demand strains glob…
Wei Zhang · · 5m
DeepSeek Eyes $71 Billion Valuation as IPO Timeline Accelerates
The Chinese LLM developer is seeking $1.5 billion just weeks after its first institutional round, with a public listing potentially coming b…
Wei Zhang · · 6m
California Startup Wins FCC Approval to Test Orbital Sunlight Reflector
Reflect Orbital's first prototype satellite will attempt to beam redirected sunlight to nighttime locations on Earth, marking a commercial m…
Arjun S. Mehta · · 4m
Upstream Wins, Downstream Bleeds: China's EV Supply Chain Splits
Battery materials and component makers post robust earnings while automakers like BAIC, Seres, and GAC navigate razor-thin margins in a grin…
Wei Zhang · · 5m
The Memory Crunch Cleaving the Smartphone Market in Two
AI server demand is driving DRAM and NAND prices skyward, forcing buyers to choose between budget sticker shock and flagship refuge.…
Arjun S. Mehta · · 4m
Nous Research Closes In on $1.5 Billion Valuation as Agent Race Heats Up
The open-source Hermes agent maker is raising at least $75 million in a round led by Robot Ventures, marking another milestone in the fast-m…
Arjun S. Mehta · · 4m
LimX Dynamics Secures $200 Million to Push Humanoid Autonomy
The Shenzhen-based robotics firm hits $2.2 billion valuation as European investors back its real-world data strategy…
Wei Zhang · · 5m
Anthropic Rolls Out Rupee Pricing for Claude in India, Yet Stops Short of UPI Integration
The AI firm now displays localized subscriptions for its second-largest market but still requires card payments, trailing OpenAI's fuller pa…
Arjun S. Mehta · · 4m
Film Social Network Letterboxd Draws Streaming Giants in $250 Million Sale Talks
Netflix, Sony Pictures, and Paramount are circling the movie-focused platform as its user base surges to 30 million, raising questions about…
Mei-Lin Tan · · 4m
SK Hynix Pulls $26.5 Billion in Record U.S. Listing as Washington Eyes Korean Fab Capacity
The memory chipmaker's debut eclipsed Alibaba's 2014 record, while Commerce officials press Seoul's semiconductor giants to manufacture stat…
Mei-Lin Tan · · 4m
Shopping Startup Faces Allegations Over Affiliate Commission Practices
Phia, co-founded by Phoebe Gates, is accused of using cookie stuffing techniques to claim unearned affiliate revenue, raising questions abou…
Mei-Lin Tan · · 4m
Shein Moves Closer to Hong Kong Listing After Regulatory Green Light
The fast-fashion giant has cleared a critical regulatory hurdle in its latest attempt to go public, years after shelving plans in New York a…
Wei Zhang · · 4m
OnePlus Set to Withdraw From US and Europe After Years of Market Uncertainty
The Chinese smartphone maker's impending exit would close a chapter that began with challenger-brand energy in 2014, leaving American Androi…
Arjun S. Mehta · · 7m
SK Hynix Sheds 15% in Seoul After Record Nasdaq Listing
The memory chipmaker's sharp retreat signals investor anxiety over whether AI-driven demand has reached its ceiling…
Mei-Lin Tan · · 5m
How AI Training Economics Are Reshaping Memory Chip Markets
SK Hynix's $26.5 billion U.S. listing underscores the strategic shift in semiconductor supply chains as high-bandwidth memory becomes infras…
Wei Zhang · · 4m