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UBQ Materials has developed a technology that takes household waste and converts it into a bio-based plastic substitute. Image courtesy UBQ Materials via NoCamels.

MENA

Deep Tech

UBQ raises USD 170 million to convert waste into sustainable plastic substitute. Company plans to build a large-scale facility in the Netherlands in 2022.

UBQ Materials raises USD 170 million to convert waste into sustainable plastic substitute | KrASIA

Home

UBQ Materials raises USD 170 million to convert waste into sustainable plastic substitute

Spotlighting Asia&#039;s next wave of innovations.

KrASIA

https://secure.gravatar.com/avatar/30959d412928fe153cd239a3a7f67beb?s=96&d=mm&r=g

NoCamels

Digital Banks

Fintech is the new applications, processes, products, or business models in the financial services industry, composed of one or more complementary financial services and provided as an end-to-end process via the internet.

Fintech

Israeli First Digital Bank raises USD 120 million from global investors. First Digital Bank is now valued at USD 320 million.

Israel's First Digital Bank raises USD 120 million from global investors | KrASIA

Israel&#8217;s First Digital Bank raises USD 120 million from global investors

Investors

SoftBank Group Corp. is a holding company that engages in the management of its group companies which provides information technology and telecommunication services. It operates through the following segments: Mobile Communications, Sprint, Fixed-line Telecommunications, Internet, and Others. 

Softbank

Security

SoftBank co-leads USD 400 million investment in cybersecurity firm Claroty. SoftBank’s head of investment in Israel will join Claroty’s board of directors.

SoftBank co-leads USD 400 million investment in Israeli cybersecurity firm Claroty | KrASIA

SoftBank co-leads USD 400 million investment in Israeli cybersecurity firm Claroty

Autonomous Vehicles is about self-driving. A self-driving car is also known as a robot car, autonomous car, or driverless car, is a vehicle that is capable of sensing its environment and moving with little or no human input.

Autonomous Vehicles

Mobility

Intel intends to make Mobileye public at USD 50 billion valuation. The news comes four years after Intel acquired Mobileye in 2017 for USD 15.3 billion.

Intel to take Mobileye public in 2022 | KrASIA

Intel to take Mobileye public in 2022

Screenovate team. Photo courtesy of Screenovate via NoCamels.

Japan, Korea, and the West

Entertainment is a form of activity that holds the attention and interest of an audience or gives pleasure and delight. 

Entertainment

Merger &amp; Acquisition

Intel to acquire Israel’s Screenovate for its screen duplication solution, which enables smartphone screens to be projected onto TVs and computers.

Intel to acquire Israel’s Screenovate for screen duplication solution | KrASIA

Intel to acquire Israel’s Screenovate for screen duplication solution

Via startup. Photo courtesy of Via by NoCamels.

Israeli-founded transport startup Via raises USD 130 million. The latest round brings Via's equity value to USD 3.3 billion.

Israeli-founded transport startup Via raises USD 130 million | KrASIA

Israeli-founded transport startup Via raises USD 130 million

The ZzappMalaria team. Photo courtesy of ZzappMalaria via NoCamels.

Drones

Social Impact

Israel's Zzapp Malaria and Airobotics partner to eradicate malaria in Africa. Two firms will start working on a pilot project in Sao Tome and Principe.

Israel's Zzapp Malaria and Airobotics partner to eradicate malaria in Africa | KrASIA

Israel&#8217;s Zzapp Malaria and Airobotics partner to eradicate malaria in Africa

TAU_Ventures. Photo courtesy of Tau Ventures via NoCamels.

Investment

Venture capital is a type of private equity, a form of financing that is provided by firms or funds to small, early-stage, emerging firms that are deemed to have high growth potential, or which have demonstrated high growth.

Venture Capital

TAU Ventures raises USD 50 million second fund for Israeli early-stage startups. The VC intends to invest in 15 to 25 homegrown startups.

TAU Ventures raises USD 50 million second fund for Israeli early-stage startups | KrASIA

TAU Ventures raises USD 50 million second fund for Israeli early-stage startups

IoT security firm Armis closes USD 300 million funding round. Armis reached a USD 3.4 billion valuation after the round.