Google, Temasek, and Bain: online spending in Southeast Asia to rise ~17% YoY to $368B in 2026 despite economic headwinds, as businesses use AI to spur spending
Artificial intelligence is helping Southeast Asia's digital economy deliver robust growth in the face of rising prices and teetering demand …
Cogent Security, which aims to use AI agents to decide which software bugs to remediate, raised a $42M Series A led by Bain, taking its total funding to $53M
Cogent Security has raised a $42 million Series A just six months after launch. Their bet? That AI agents can finally fix …
Google, Temasek, and Bain: private funding for SE Asia's digital economy grew 15% YoY to $7.7B in the year to June, below 25% global growth and 2021's $27B peak
Jun Yuan Yong / Reuters :
Bain: by 2030, AI companies will need $2T in combined annual revenue to fund compute power to meet projected demand, but are likely to fall short by $800B
Artificial intelligence companies like OpenAI have been quick to unveil plans for spending hundreds of billions of dollars on data centers …
Obvio, which uses AI-powered stop sign cameras to detect infractions, raised a $22M Series A led by Bain to expand beyond its first five cities in Maryland
Sean O'Kane / TechCrunch : LinkedIn: Sean O'Kane LinkedIn: Sean O'Kane : New from me: Obvio is a startup pushing cameras at stop signs as a way of cutting down reckless driving and pedestrian injurie...
Dream, which offers cybersecurity tools to governments and critical infrastructure firms, raised $100M led by Bain at a $1.1B valuation, up from $190M in 2023
- Cybersecurity-focused firm raised $100 million in latest round — Dream targets $100 million in annual recurring revenue in 2025
A profile of Charlwin Mao, founder of Xiaohongshu or “Little Red Book”, who claims the name references the color of his university Stanford and ex-employer Bain
Mao? [embedded post] Casey Newton / @caseynewton : So the app we've been calling RedNote is actually ... Charlwin Mao's Little Red Book??? Someone please reboot the simulation [embedded post] Mastodo...
The defense industry is poised for a deal surge as firms expand in AI, drones, and space systems; Bain: VC deal value in the sector is up 18x in the past decade
Sylvia Pfeifer / Financial Times :
Google, Temasek, and Bain expect online spending in Southeast Asia to rise 15% YoY to $263B in 2024, the lowest growth rate since at least 2017, amid inflation
Olivia Poh / Bloomberg :