Consumers spent a record $28 billion in apps in Q3, aided by pandemic

Mobile usage continues to remain high amidst the COVID-19 pandemic, which has prompted social distancing measures and lockdown policies, and has pushed consumers to connect online for work, school and socializing. This, in turn, has helped drive record spending in apps during the quarter, as well as a huge surge in time spent in apps. […]

Tokyo-based virtual reality game developer Thirdverse gets $8.5 million Series A

Thirdverse, the virtual reality game developer behind “Swords of Gargantua,” has raised $8.5 million in Series A funding. The round was led by JAFCO, with participation from Presence Capital, Sisu Ventures and Incubate Fund, and will be used for hiring, co-founder Masaru Ohnogi told TechCrunch. Based in Tokyo, Thirdverse was started four years ago as […]

Japanese startup Nature launches Remo 3, its home appliance smart remote, in the US and Canada

Nature, a Japanese hardware startup that focuses on IoT home devices, announced the launch of Remo 3, its home appliance smart remote, in the United States and Canada today. Priced at $129, the Bluetooth-enabled Remo 3 allows people to control with their smartphones or smart speakers multiple appliances that use an infrared remote, including air […]

Homage announces strategic partnership with Infocom, one of Japan’s largest healthcare IT providers

Homage, a Singapore-based caregiving and telehealth company, has taken a major step in its global expansion plan. The startup announced today that it has received strategic investment from Infocom, the Japanese information and communications technology company that runs one of the largest healthcare IT businesses in the country. Infocom’s solutions are used by more than […]

DNX Ventures launches $315 million fund for US and Japanese B2B startups

DNX Ventures, an investment firm that focuses on early-stage B2B startups in Japan and the United States, announced today that it has closed a new $315 million fund. This is DNX’s third flagship fund; along with supplementary annexed funds, this brings its total managed so far to $567 million. Founded in 2011, with offices in […]

Revolut launches its financial app in Japan

Fintech startup Revolut is expanding to Japan. After testing the service with 10,000 users, anybody can now sign up and open an account. The company originally obtained its authorization to operate from Japan’s Finance Service Agency in 2018. When you open an account, you get an electronic wallet and a Visa debit card. You can […]

Tokyo-based collaboration platform BeaTrust lands $2.8 million seed round

BeaTrust co-founder Masato Kume, co-founder and chief executive officer Kunio Hara and Ryo Nagaoka, vice president of engineering Founded just four months ago, Tokyo-based BeaTrust has raised a JPY 300 million (about USD $2.83 million) seed round for its enterprise collaboration platform. The startup’s ambitious goal is to change corporate culture at large Japanese companies […]

Buildots raises $16M to bring computer vision to construction management

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Apple unveils iOS 14 and macOS Big Sur features for India, China and other international markets

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M17 sells its online dating assets to focus on live streaming

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