Inside Lilium, the German company trying to revolutionize air travel
German aerospace company Lilium wants to revolutionize air travel with its electric vertical take-off and landing (eVTOL) jet.
Asian news from Venture
Early Facebook investor Accel raises $650 million fund to back European and Israeli startups
Venture capital firm Accel said Tuesday it's raised $650 million for its eighth fund targeted at investing in European and Israeli early-stage startups, in a sign the venture capital market may be showing signs of a recovery.
Malaysian chip-focused venture fund to invest in over 10 startups
KUALA LUMPUR -- A new Malaysian venture capital firm focused on the semiconductor industry plans to invest in more than 10 startups through its $209 million fund, hoping to help advance the Southeast Asian country's chip industry.
Shanghai creates $18bn state investment giant to back startups
Shanghai is kicking off a merger between the city's two leading state-owned investment firms to create a 130 billion yuan ($18 billion) juggernaut to back innovation and technology startups.
Singapore, Indonesia await start-up investors’ return, as Malaysia eyes regional launch pad status
This year, Southeast Asia’s start-ups are expecting some of that money to return, but it may be looking to make safer bets, business experts warn.
Smaller climate startups face 'valley of death' as funding freezes up. This VC just raised $325 million to help
Venture capital firm World Fund said Friday it's closed a 300 million euro ($325 million) fund to back startups tackling climate change.
India’s booming tech sector suffers a big blow as Byju’s and Paytm plunge into crisis
India's booming tech sector has suffered a major blow this year as startup darlings Byju's and a former affiliate of Paytm have been plunged into crisis amid a regulatory scrutiny.