Singapore: TechNode Global, a Singapore-based tech media startup with a focus on the Asian market, announced today it has raised US$1 million in seed funding led by Kairous Capital, a cross-border VC firm focusing on China and Southeast Asia with offices in Kuala Lumpur, Shanghai, and Hong Kong.
As per a press release, the fresh funds will go towards bankrolling the media platform’s expansion in Asia. The company also plans to cover more technology stories and build a “comprehensive cross-border business” across the region.
Launched in early 2019 by Gang Lu, TechNode Global is a spin-off from China-headquartered bilingual tech media platform TechNode. The company claims it is building a technology community platform that offers news, provides fundraising and deal flow support, and facilitates corporate-startup partnerships.
“Being a regional VC investing across China and Southeast Asia, we envisage integration and collaboration opportunities in the technology and business space within the region. TechNode Global being connected with the Asia Pacific technology ecosystem coupled with the recently signed RCEP, we are positive that they will be a key player as a regional innovation enabler,” opined shared Lee, the Managing Partner at Kairous Capital.