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OneConnect’s drastic IPO value cut underscores the risk of high-growth, high-burn companies

OneConnect’s U.S.-listed IPO flew under our radar last week, which won’t do. The company’s public offering is both interesting and important, so let’s take a few minutes this m

H2O.ai announces $72.5M Series D led by Goldman Sachs

H2O.ai‘s mission is to democratize AI by providing a set of tools that frees companies from relying on teams of data scientists. Today it got a bushel of money to help. The company announced a $

Consumers get another digital home health offering as Tyto Care and Best Buy launch TytoHome

Best Buy is partnering with the Israeli technology company Tyto Care to become the official retailer for the company’s all-in-one digital diagnostics kit through its physical stores in Californi

Grab launches SME loans and micro-insurance in Southeast Asia

In its latest move beyond ride-hailing, Southeast Asia’s Grab has started to offer financing to SMEs and micro-insurance to its drivers. The launch comes just weeks after Grab raised $1.5 billio

10x, founded by the ex-CEO of Barclays, raises $46M to take on ancient banking infrastructure

The fintech revolution continues apace, and while many startups are hoping that newer and better tech will help them take business away from traditional banks, today a company has received a large rou

Prenetics raises $10M to popularize patient DNA testing in Asia

Prenetics, a Hong Kong-based medical technology company, has raised a $10 million Series A round for its DNA testing technology that helps doctors provide more accurate diagnoses and better understand

Carmel Ventures Raises $194M From Investors Including Baidu

Israeli venture capital firm Carmel Ventures has closed its latest investment fund worth $194 million. Called Carmel Ventures IV, the fund’s investors include several major Chinese companies, includ