Catherine Shu
Senior Reporter
The Latest from Catherine Shu
Snowstorm raises seed to keep the internet free
Created to ensure open and free access to the internet, Snowflake saw a huge uptick in users during the start of the Ukraine War — and has grown even more since then. Started as an open source p
ID verification platform Bureau bumps its Series A to $16.5M
Identity verification platform for businesses Bureau has added $4.5 million in its Series A, bringing its total to $16.5 million. The funding was raised from GMO Venture Partners and GMO Payment Gatew
Fold Health streamlines admin work for primary care providers
Abhijit Gupta and Ram Sahasranam have plenty of experience in the health tech space, having sold their first startup, health app maker Praxify, to Athenahealth. Now the duo are focused on value-based
Full-stack insurtech startup PasarPolis hires former CEO of Allianz Indonesia
PasarPolis, one of Indonesia’s first full-stack insurtechs, has brought on Peter Van Zyl as its president. Van Zyl is former director and CEO of Allianz Indonesia, one of the country’s biggest ins
Backed by Gradient, Fileread uses large language models to make legal discovery more efficient
Legal discovery is one of the most time-consuming parts of litigation and typically involves team of specialists combing through towers of documents. Fileread, a startup that uses large language learn
Indonesian aquaculture startup eFishery nets $200M at unicorn valuation
After reports that it is raising new funding, Indonesian aquaculture startup eFishery announced today that it has netted $200 million in a Series D. The company, which makes a smart feeding system for
Brinc launches new program for climate tech startups
Brinc, the Hong Kong–based accelerator backed by investors like Animoca Brands, is launching a new program for fledgling climate tech startups. The three-month program is tailored for founders who a
Fertifa enables companies to offer fertility and reproductive health benefits
The number of workplaces offering fertility and reproductive healthcare benefits are on the rise. Doing so can help companies become more competitive employers and bolster diversity, equity and inclus
DePoly keeps hard-to-recycle plastic from ending up in landfills
About 400 million tons of plastic are produced each year, but less than 10% is recycled, with most of the rest ending up incinerated or in landfills. One reason is that it is difficult for conventiona
Supply chain startup Baskit supports Indonesia’s middlemen
Large brand distributors dominate the top of the supply chain, but toward the bottom, there are thousands of middlemen, including wholesalers, who are the ones creating relationships with retailers. F
utu raises $33M to help travelers get more from tax-free shopping
utu, a travel tech company that helps flyers get more out of their tax-free shopping, announced today it has raised a $33 million Series B from investors, including SC Ventures. utu also announced it
Notarize launches Proof to ensure safe online transactions
Notarize, the world’s largest online notary network, is launching Proof, a new company and platform for digital identity verifications. Beginning in August, Notarize’s business tools will be rebra
Philippines startup Shoppable Business smooths bumps in the business procurement process
Shoppable Business wants to make it easier for businesses in the Philippines to source and procure branded products and other inventory, with an emphasis on making sure products are authentic. The B2B
With backing from Thiel, Recharge Capital launches $200M women’s health investment vehicle
Demand for IVF is growing worldwide, but only 1% of healthcare research is invested in female health conditions. Recharge Capital wants to bridge the gap with a new investment vehicle totaling $200 mi
Bootstrapped to 800,000 users, online programming community JDoodle lands funding
Started as a side project, JDoodle, which lets developers practice more than six dozen programming languages on one website, hit 800,000 users while being bootstrapped. Now the Australia-based startup
One Future Football’s virtual worldwide soccer league launches with backing from Blackbird
Founded in Melbourne, One Future Football (1FF) bills itself as the “world’s first global soccer league,” and it’s goal is to attract first-time soccer fans. It launches today with more than 2
Kaya Founders backs Philippines startups from ‘Day 0’
The Philippines’ startup ecosystem is poised for strong growth, thanks to the country’s rising GDP, fast adoption of online services and a new generation of founders. Launched by tech and investme
Finfra lets Indonesian businesses add embedded finance to their platforms
Finfra, an Indonesian startup that provides the tech infrastructure for online businesses that want to offer embedded finance products, has raised $1 million in new funding. The round included partici
Hello’s founder is back with Config to make hardware development simpler
Config is the software that founder James Proud wishes he had at his last startup Hello, maker of sleep tracker Sense. “Config would have been a lifesaver for us at Hello and had a massive positive
The elephants in the room at Computex
This year’s Computex, the first since Taiwan eased pandemic-related travel restrictions, was a celebration of the world’s computing and chip industries. But amid the exhibitions, speeches and pro