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Funding Round-up: Chaldal, Sokrio, Tiger New Energy Raise New Capital

BVCL invests Tk 2.5 crore in Chaldal and Sokrio. Bangladesh Venture Capital Limited (BVCL) announced on 25th June that it has invested TK 2.5 crore in two Bangladeshi startups: Chaldal and Sokrio. Why it matters: The investment signals growing support for Bangladesh's...
Fintech startup Elevate secures investment worth $5 million

Fintech startup Elevate secures investment worth $5 million

Elevate, a fintech startup based in London and Dubai, has secured an investment of $5 million aimed at expanding its presence in South Asian markets, including Bangladesh. The startup offers a simplified method for receiving USD payments from international employers...

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Nurture tech companies to build Smart Bangladesh

Nurture tech companies to build Smart Bangladesh

Skill development, research and investment are crucial to facing the challenges of AI (Artificial Intelligence) and transforming them into opportunities, young tech entrepreneurs said yesterday. As AI is going to bring a transformative impact on their businesses, the...

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Chinese company to invest $22.92 million in Bepza EZ

Chinese company to invest $22.92 million in Bepza EZ

Chinese company Sanxin Accessories MFC BD Ltd will invest $22.92 million to set up an interlining and garment accessories unit at the Bepza economic zone of the Bangabandhu Sheikh Mujib Shilpa Nagar (BSMSN) in Chattogram. The company plans to produce interlining,...

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Six Startups Get $7.1M Investment From SBK Tech Ventures

Six Startups Get $7.1M Investment From SBK Tech Ventures

While startup funding has frozen over globally, Bangladesh's ecosystem is thawing thanks to a $7.1 million hot streak from SBK Tech Ventures. The country's lone women-led VC firm is injecting fresh capital into six local startups – Markopolo.ai, Jatri, Solshare,...

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Five school students representing Bangladesh at NASA

Five school students representing Bangladesh at NASA

Five high school students from Bangladesh have been selected as the global finalists at the Innovation Stage of the 2023-24 Conrad Challenge. They earned the title of "Conrad Innovator" and were invited to compete in the Power Pitch Stage at the 2024 Conrad Challenge...

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