Asia’s tech news #127: Korean metaverse fashion, Sri Lanka Founder Institute, cell-grown shrimp…
In this issue: Semiconductor investment in Taiwan by Germany, cell-based lab-grown shrimp in Korea, bills and utilities payments by tokens and stablecoins in The Philippines, Korean fashion-tech in the metaverse…
Korea: CellMEAT debuts cultivated Dokdo shrimp prototype in step towards commercialization — www.greenqueen.com.hk
The shrimp have been created using CellMEAT’s recently revealed serum-free culture medium. Proprietary tissue engineering was utilised to recreate realistic physical textures. This was…
Philippines: XLD Finance launches xSpend allowing users to pay bills with GameFi tokens or stablecoins — us.acrofan.com
XLD Finance is a stablecoin-based ecosystem driving financial inclusion through real-world financial services. XLD’s roadmap includes the development of both Web 2.0 and Web 3.0 projects such…
ICYMI: Plug and Play Kazakhstan, Astana Hub, TransTelecom partner for corp accelerator — finance.yahoo.com
The parties intend to work together to develop the startup ecosystem, attract investment, create and conduct acceleration programs and assist companies in reaching their innovation goals.
India’s Global Healthcare Academy and 8chili partner for healthcare training in the Metaverse — www.bignewsnetwork.com
GHA will deliver these immersive VR training courses to more than 20,000 healthcare professionals across the globe in 2022 and beyond, making it one of the world’s largest VR-based training deployments. Industry estimates deem metaverse to be a…
Taiwan: Germany’s Merck to invest $610M in part to streamline semiconductor manufacturing — www.digitimes.com
Germany-based Merck KGaA will add investment of about NT$17 billion (US$610 million) to set up production capacity for semiconductor and display materials and enhance R&D capability in Taiwan…
ICYMI: Zepeto metaverse platform gains $150M SoftBank backing with high-fashion items for avatars — www.wsj.com
SoftBank is investing $150 million in a South Korean platform that has amassed a large following of young female users by selling high fashion for 3-D avatars.
China: WeRide autonomous driving firm to make robotaxis available for public bookings in 2022 — www.channelnewsasia.com
WeRide, a China-based autonomous driving startup, said on Thursday it plans to make its robotaxis available for booking by the public on Guangzhou Automobile Group’s Ontime ride-hailing app by…
Hong Kong: RISE Conference postponed, provisionally set for March of 2023 — www.wsj.com
‘…uncertainties due to the pandemic have continued, and after much consideration organizers had decided to postpone it until March 2023.’ A company spokeswoman confirmed the news.
India: Finnovation corporate engagement program launches to address problems in lending — www.business-standard.com
HDFC, India’s leading housing finance company, and IvyCamp, an initiative of IvyCap Ventures Advisors Pvt. Ltd., have jointly launched the Finnovation program today. Some of the key focus…
Sri Lanka & South Asia 2022 Founder Institute applications open, with final deadline in July — fi.co
Leaders of the world’s fastest-growing startups have used the program to test their startup ideas, build a team, get their first customers, raise funding, and…
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