Memphis Meats, a developer of technologies to manufacture meat, seafood and poultry from animal cells, has raised $161 million in financing from investors, including Softbank Group, Norwest and Temasek, the investment fund backed by the government of Singapore. The investment brings the company’s total financing to $180 million. Previous investors include individual and institutional investors ...

In many countries, an aging population coupled with a low birth rate is increasing the demand for qualified caregivers. In Asia, the need is especially urgent because rapid demographic shifts and changing social structures means family members who traditionally cared for relatives are unable to because they need to work or live far away. Homage ...

Electric vertical takeoff and landing (eVTOL) aircraft maker Volocotper has received a Design Organization Approval (DOA) from the European Union Aviation Safety Agency (EASA). This is basically a recognition by the EU that the processes Volocopter has in place in developing and building its aircraft are of a high enough standard that it can expedite ...

Style Theory, a platform for renting designer apparel in Indonesia and Singapore, announced today it has raised $15 million in Series B funding. The startup says this is the first closing of the round. It was led by SoftBank Ventures Asia, the early-stage venture arm of SoftBank Group, with participation from other investors including Alpha ...

Singapore's Changi Airport is rated the #1 airport in the world by most entities that rate airports. It has theme parks, free movies, a retro video game arcade, hiking trails, and much more. Stephanie Rosenbloom took a 27-hour vacation there with her husband and wrote about it for The New York Times. I was ...

Facebook added a correction notice to a post by a fringe news site that Singapore’s government said contained false information. It’s the first time the government has tried to enforce a new law against ‘fake news’ outside its borders. The post by fringe news site States Times Review (STR), contained “scurrilous accusations” according to the ...

TookiTaki, a startup that develops machine learning-based financial compliance software, announced today it has raised a $11.7 million in additional Series A funding, led by Viola Fintech and SIG Asia Investment, with participation from Normura Holdings. Existing investors Illuminate Financial, Jungle Ventures and SEEDs Capital also returned for the extension, which brings TookiTaki’s total Series ...

Lucence Diagnostics, a genomic medicine startup that develops non-invasive tests for cancer screening, announced today that it has raised a $20 million Series A led by IHH Healthcare, one of the world’s largest integrated private healthcare groups. Other participants included SGInnovate and returning investors Heliconia Capital (a subsidiary of Temasek Holdings), Lim Kaling and Koh ...

The Plug and Play network of accelerator programs is partnering with the non-profit organization The Alliance to End Plastic Waste to create an accelerator focused on developing technologies to reduce, remove or replace plastics in the industrial ecosystem. Like Techstars, Plug and Play operates a number of industry-focused accelerator programs around the world and for ...

Dyson said it will end its electric vehicle project after determining it could not make the car commercially viable or find a buyer. The company, known for its high-tech vacuum cleaners and fans, said in a statement Thursday that its automotive team had developed a fantastic car, but decided to close the project. Dyson also ...