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Asia offers hope amid the crypto winter

At Token2049, it was hard to tell the crypto industry was in “winter” mode. The September crypto conference in Singapore drew an unprecedented 20,000 attendees, who visited hundreds of side events across the city to avoid the expensive main event ticket. While the government’s actions against FTX, Ripple, Binance, and …

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Autonomous vehicle arm of Didi raises $149M from state investors

Was Didi’s 2020 autonomous vehicle subsidiary a Chinese equivalent to Uber’s? Since then, China’s tech landscape has changed, with internet firms regulated and foreign investments plummeting due to U.S.-China tensions. Despite Beijing’s data security probe into Didi’s parent company, its AV unit has survived and received new funding. Didi Autonomous …

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Yooga wants its restaurant OS to be ‘Toast of Latin America’

Yooga, a Brazilian restaurant management system developer, received $2.3 million in seed capital. Gilgamesh, Apex Partners, and Backfuture joined SaaSholic in the round. Vinicius Melo, Victor Sortica, and Cassiano Guerra Fernandes co-founded Yooga in 2017 and bootstrapped it for three years before raising $300,000 in a 2020 friends-and-family round. Melo …

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Formant handles data for robotics companies

Ten years ago this December, Google acquired Bot & Dolly and about a dozen other robotics companies. San Francisco-based firm known for special effects work on films like “Gravity,” was merged into a new portfolio with ambitious industry-changing plans. Things didn’t go as planned for many reasons we won’t discuss. …

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