AI startup eyes $100m fundraise - Funding
Gnani.ai, a conversational artificial intelligence firm backed by Samsung Ventures, is eyeing US$100 million in tranches over the next 12 months.
LG plans to overtake China EV giant - Expansion
LG Energy plans to use 1 trillion yen to expand production at six battery plants, and to speed up development of the next generation's batteries, thereby closing the gap on CATL.
Shinsegae raises $251m - Funding
SSG.com, the online mall arm of retail giant Shinsegae, has raised $251 million to invest the proceeds of the IPO in its logistics infrastructure and information technology.
Swing grabs $24m for growth - Expansion
Swing is a South Korean electric scooter and micromobility startup. It will use the proceeds to increase its fleet of micromobility and further penetrate the Japanese market.
Naver backs aggregator New Vessel - Funding
The new funding will be used to acquire Korean and Japanese e-commerce brands and hire additional experts in brand management, marketing and supply chain management.