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Hong Kong insurtech startup Coherent gets $14 million Series A led by Cathay Innovation

TechCrunch

The Series A round, led by Cathay Innovation with participation from Franklin Templeton, will be used to grow Coherent’s client base in Asia, including insurers who want to add more digital services to their usual sales processes because of the pandemic. Coherent will focus on China and emerging markets in Asia.

Insurance 287
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Divido bags $30M to take its ‘buy now, pay later’ platform to more markets

TechCrunch

The funding round is led by global banks HSBC and ING, with participation from Sony Innovation Fund by IGV*, SBI Investment, OCS, Global Brain and DG Daiwa Ventures along with existing investors DN Capital, Dawn Capital, IQ Capital and Amex Ventures. with a goal of launching in 10 more countries by the end of 2019. Making sense of Klarna.

Marketing 243
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Sumutasu secures $10M to digitize Japan’s real estate market

TechCrunch

The company has raised a total of $16 million since its 2018 inception. . In Japan, where the real estate market is fragmented, homeowners have faced uncertain selling prices riddled with brokerage fees and an average selling period of between four and eight months, Ito said. million in equity and $1.6 million in debt. While the U.S.

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Beyond Bank CIO: Balancing tradition and innovation in the digital age

CIO

For instance, our app is super sleek for such a small bank, relative to the market. It’s been around for a long time, let’s call it 2018, when OpenAI developed GPT. I’m excited about how we use this to personalize the experience for customers, to optimize productivity and enable speed to market. It’s won several awards.

Banking 153
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In an increasingly hot biotech market, protecting IP is key

TechCrunch

John Flavin is founder and CEO of Portal Innovations, LLC. billion invested across 1,073 deals — the market for new innovations remains strong. What’s more, these innovations are increasingly coming to market by way of early-stage startups and/or their scientific founders from academia. John Flavin.

Biotech 240
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As it brings its bipedal robots to market, Agility announces a $150M round

TechCrunch

Yesterday, Amazon announced that Agility Robotics is one of the five initial startups benefitting from the company’s $1 billion innovation fund. This morning, however, the company raised a massive $150 million Series B , including funds from the aforementioned Amazon Industrial Innovation Fund.

Agile 243
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New venture fund aims to become the ‘investment and innovation arm’ of the autism community

TechCrunch

When Christopher Male’s son was diagnosed with Autism Spectrum Disorder (ASD) in 2018, the long-time investor found himself in unfamiliar territory. “At We created the Autism Impact Fund with the ambition of becoming the investment and innovation arm of the autism community,” said Male.