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Hello reader,
Three of the five Thoughtful Tidbits in today’s newsletter are about AI, with a couple of them centered around this technology’s relationship with human beings.
As someone who grew up with stories and worlds like those of Blade Runner and Deus Ex, I sometimes find it a bit surreal to exist in a time when the AI-humanity debate is actually ongoing. While the in-real-life version comes with fewer cool neon billboards, the underlying discussion is still fascinating and might even be truly important and not just another tech flash in the pan.
How do you look at AI? Is it just a ticket to a quick buck or something with deeper philosophical and practical implications? Feel free to let me know in the comments or by replying to this newsletter.
Image credit: Timmy Loen
You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.
Let’s dive into the biggest deals and M&As that recently took place.
The biggest deals by country
🇮🇳 India-based Adani Total Gas provides piped natural gas and compressed natural gas. It has secured US$375 million in debt financing from BNP Paribas, DBS Bank, and MUFG Bank, among others.
🇸🇬 Singapore’s Supabase, an open-source developer platform that utilizes PostgreSQL databases, has raised US$80 million in a series C funding. The round was led by Peak XV and Craft Ventures.
🇰🇷 South Korean startup Wemeet Mobility operates Roouty, an AI-based route optimization engine and real-time dispatch control solution. It has closed a US$14 million series B funding round from Bass Investment, Hankook & Company, and Kiwoom Investment.
🇨🇳 Zhixing Optoelectronics, a China-based developer and manufacturer of intelligent driving vehicle imaging modules, has secured US$13.7 million in strategic investment from the Guangdong Sunac Lingyue Intelligent Manufacturing and Information Technology Industry Equity Investment Fund Partnership.
M&As
Startups that are raising funds
Behind the Glasswall
Hear Razer’s CEO share his vision for the future of gaming at this exclusive C-level event
Exclusive listicles
Thoughtful reads
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