Kate Park

Reporter, Asia, TechCrunch

Kate Park is a reporter at TechCrunch, with a focus on technology, startups and venture capital in Asia. She previously was a financial journalist at Mergermarket covering M&A, private equity and venture capital.

Kate Park

Latest from Kate Park

Layoffs usually drive attention and sympathy toward affected employees, but rarely does anyone talk about what happens to the recruiters who are sometimes also asked to leave when companies decide…

Paraform raises $3.6M seed round to connect startups with recruiter networks

Patlytics, an AI-powered patent analytics platform, wants to help enterprises, IP professionals and law firms speed up their patent workflows, from discovery, analytics, comparisons and prosecution to litigation.  The fledgling startup…

Google’s Gradient backs Patlytics to help companies protect their intellectual property

TSMC is getting the grant under the CHIPS Act, in the latest step by the U.S. to reshore domestic chip manufacturing.

US to award TSMC $6.6B in grants, $5B in loans to step up chip manufacturing in Arizona

Full Glass Wine, a brand acquisition management startup that specializes in acquiring wine marketplaces, has raised a $14 million Series A round to continue acquiring DTC (direct-to-consumer) wine marketplaces, aiming…

Full Glass Wine raises $14M to continue DTC marketplaces spree, buys Bright Cellars

Pelago,  Y Combinator-backed telehealth company that uses cognitive behavioral therapy (CBT) to help treat people with tobacco, alcohol and opioid addictions, said Thursday it had raised a $58 million Series…

YC-backed Pelago, a virtual clinic for addiction treatment, raises $58M Series C

StealthMole, an AI-powered dark web intelligence startup that specializes in monitoring cyber threats and detecting cybercrime, announced Thursday that it has raised a $7 million Series A funding round. The…

StealthMole raises $7M Series A for its AI-powered dark web intelligence platform 

Borderless Capital, an investment firm that specializes in web3, announced Tuesday that it is acquiring CTF Capital, a quantitative trading and asset management firm headquartered in Miami, with technology and…

Web3 investment firm Borderless Capital acquires CTF Capital to bring AI and quant expertise

Have you ever needed a copy of your medical imaging to take to your doctor or another healthcare provider and been handed a CD? You’re not alone. Many radiologists still…

PocketHealth eases doctor-patient communications with easy image exchange

LG Electronics may no longer be a household name in smartphones, but it still sees a big future in gadgets like robots. Today, the company confirmed a $60 million investment…

Bear Robotics, a robot waiter startup, just picked up $60M from LG

A South Korean startup called QuotaLab is on a quest to follow in the footsteps of Carta, the cap table management company that’s used by a host of startups and…

This Korean startup wants to take on Carta in cap table management

Meta CEO Mark Zuckerberg, who is touring Asian countries this week, said in a meeting with South Korean President Yoon Suk Yeol on Thursday that Meta wants to beef up…

Mark Zuckerberg woos Big Tech in Asia to double down on AI chips

Silence Laboratories, a startup that builds infrastructure using multiparty computation (MPC) to help enterprises keep data private and safe, said it has raised a $4.1 million funding round. Pi Ventures and Kira…

Silence Laboratories, a cryptographic security startup, secures funding

Techtaka, a South Korean online shopping fulfillment startup that provides third-party logistics services for e-commerce sellers, has raised $9.5 million (12.6 billion KRW) in a Series B round of funding…

Techtaka raises $9.5M for its e-commerce fulfillment service

SoftBank Group’s Masayoshi Son has made no secret of his intent to double down on the red-hot artificial intelligence industry. Now he’s fundraising for his next move in that strategy.…

SoftBank’s Masayoshi Son is reportedly seeking $100B to build a new AI chip venture 

Samsung Electronics executive chairman Jay Y. Lee has been declared not guilty on the charge of stock price manipulation and accounting fraud related to the merger of Samsung affiliates in…

Samsung chief Jay Y. Lee acquitted in 2015 merger case  

Wattpad, a Toronto-based storytelling platform owned by Naver’s Webtoon Entertainment, confirmed it laid off around 20 staff, or less than 10% of its workforce, according to a spokesperson of Wattpad. The…

Wattpad, a storytelling platform, cuts 10% of its staff as part of company reorganization

Rebellions, a South Korean fabless AI chip startup, said today it has closed $124 million (165 billion KRW) in a Series B round of funding to develop its third AI…

Rebellions lands $124M to develop its new AI Rebel chip with Samsung

Aniai, a startup that has built a burger-grilling robot, Alpha Grill, said today it has raised $12 million, bringing its total raise to $15 million. The money will go toward…

Aniai is bringing a burger-cooking robot to restaurants with $12M

Singapore-based Terraform Labs (TFL), the company behind digital assets TerraUSD (UST) and Luna, filed for Chapter 11 bankruptcy in Delaware following the collapse of its cryptocurrencies in 2022. Terraform Labs, which…

Terraform Labs files for Chapter 11 bankruptcy 

Myrealtrip is the latest travel tech company to ride a growing post-pandemic tourism industry. The Seoul-based startup said today it has raised $56.7 million (75.6 billion KRW) in a Series…

Korea’s Myrealtrip cashes in on travel rebound with $56M in new funding

LG Electronics has opened its first electric vehicle (EV) charger facility outside of South Korea — in Fort Worth, Texas — to capture a share of North America’s competitive EV…

LG opens its first US EV charging factory in Texas 

Google is laying off over 1,000 employees across multiple divisions, including engineering and services, late Wednesday. The affected divisions include voice-activated Google Assistant as part of the knowledge and information…

Google cuts over 1,000 jobs in its voice assistance, hardware teams as Fitbit founders leave

Tack One, a Singapore-based startup, wants to help make sure your kids, elderly parents and pets are safe with AI-powered location technology. Today, the company unveiled its new generation of GPS…

Tack One launches an improved version of its location tracker for children and seniors

While micromobility companies around the globe have been in limbo and hitting snags like bankruptcy, shutdown and layoffs, a Seoul-based shared e-scooters and e-bikes operator called Gbike is gearing up to go public on the…

Korean micromobility startup Gbike may buy up the competition before its 2025 IPO

ImpriMed, a California-based precision medicine startup, builds AI-powered dog cancer treatment technology that helps veterinarians identify the most suitable drugs for individual canine and feline blood cancers.   The startup, which…

Dog cancer treatment ImpriMed aims to expand its AI technology into human oncology

Line Next, a web3 unit of the Japanese messaging app Line, raised $140 million in its funding led by Crescendo Equity Partners, a Peter Thiel-backed private equity firm in South…

Line Next secures $140M funding for its web3 platform

South Korean internet giant Kakao — in the middle of multiple investigations over antitrust and securities violations — has appointed a new CEO as it tries to turn the ship…

Kakao names Shina Chung, previously its VC lead, as new CEO amid ongoing crisis 

The increasing need to reduce carbon emissions drives many industries, including airlines and transportation, to seek sustainable alternatives to meet emission reduction targets and fulfill corporate social responsibility commitments. One…

Microsoft’s climate fund backs sustainable jet fuel company Dimensional Energy

Many companies already use generative AI tools, like OpenAI’s ChatGPT, which can help improve workers’ performance by as much as 40% compared with workers who don’t use it. However, only…

Relevance AI’s low-code platform enables businesses to build AI teams

ByteDance’s TikTok wants to do more business in Indonesia — Southeast Asia’s biggest e-commerce market. So after facing roadblocks from the regulators, it’s now come up with a new route…

TikTok to invest $1.5B in GoTo’s Indonesia e-commerce business Tokopedia