Asia
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Today, Ruvento is announcing a new $25 million seed fund for hardware startups in need of capital from Singapore, China and the U.S. The fund, managed by Slava Solonitsyn and Alex Toh, will write 70 percent of its checks between $100k and $500k. The rest of the capital will be reserved for follow-on investments of up to $2 million. Ruvento is not the first investor to take a… Read More
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One of the challenges of Internet of Things is the poor availability and high price of mobile data. Twilio announced it was going to have a stab at changing that earlier this year. Today Soracom showed off its solutions to ease the pain of IoT adaptation across the industry. The company’s slightly byzantine pricing plans are optimized for a number of low-bandwidth, high uptime applications. Read More
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Seafood consumption is soaring in China, along with increases in average disposable income there. But live, edible fish and shellfish are challenging to buy, sell and transport across borders within and beyond China. As a result of the complexities in shipping live fish, and complying with health and customs regulations, tons of seafood are wasted each year, at a time when our oceans are… Read More
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