Tech

AppLovin to buy video game software maker Unity in $17.5 bn deal

Gaming software company AppLovin on Tuesday made an offer to buy rival Unity Software in a $17.54 billion all-stock deal. AppLovin aims to tap into...

SoftBank posts record loss on $23 bn Vision Fund hit

SoftBank Group has booked a record $23 billion net loss during April-June 2022, due to significant drop in value of listed investments. In May, SoftBank’s...

Afresh raises $115 mn in VC funding led by Spark Capital

Afresh, the AI-powered fresh food technology provider, has raised $115 million in a Series B VC funding round led by Spark Capital. There was participation from...

Investment in insurance technology firms dips 50% to $2.4 bn

Global investment in insurance technology firms dropped 50 percent to $2.41 billion in the second quarter, broker Gallagher Re said in a report. Insurance tech...

Singtel Innov8 to invest $350 mn in tech start-ups

Singtel announced its plan to invest an addition $100 million into Singtel Innov8, its venture capital arm, raising its commitment to $350 million. Innov8 invests...

Insignia Ventures raises $516 mn targeting tech firms in Southeast Asia

Insignia Ventures Partners has raised $516 million and it will be targeting to make investment in technology companies in Southeast Asia. “We could have raised...

Spotnana raises $75 mn in VC funding led by Durable Capital

Spotnana, a provider of travel technology, has raised $75 million in a Series B VC funding led by Durable Capital Partners LP, with participation...

Battery Ventures closes new funds totaling $3.8 bn

Battery Ventures, a technology-focused investment firm, has closed new funds totaling $3.8 billion. Battery Ventures will use the new capital to make VC funding in...