Health tech venture firm OTV closes new $170 million fund and expands into Asia

OTV (formerly known as Olive Tree Ventures), an Israeli venture capital firm that focuses on digital health tech, announced it has closed a new fund totaling $170 million. The firm also launched a new office in Shanghai, China to spearhead its growth in the Asia Pacific region.

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OTV currently has a total of 11 companies in its portfolio. This year, it led rounds in telehealth platforms TytoCare and Lemonaid Health, and its other investments include genomic machine learning platform Emedgene; microscopy imaging startup Scopio; and at-home cardiac and pulmonary monitor Donisi Health. OTV has begun investing in more B and C rounds, with the goal of helping companies that already have validated products deal with regulations and other issues as they grow.

OTV focuses on digital health products that have the potential to work in different countries, make healthcare more affordable, and fill gaps in overwhelmed healthcare systems.

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Understanding E-Resilience for Pandemic Recovery in Asia and the Pacific – World

The COVID-19 pandemic has accelerated the digital transformation and underscored its importance for mitigating the economic slowdown, sustaining wellbeing, and speeding up recovery. Governments, smart policymaking, as well as regional cooperation play an essential role in helping to both enable digital transformation to occur and in facilitating access to technology. In this regard, the Secretary-General’s Roadmap for Digital Cooperation, presented on June 11, 2020, comes at a critical inflection point for digital issues by outlining key areas for action to advance a safer, more equitable digital world.

The adoption of digital tools contributes substantially to the achievement of the SDGs. The development of the digital infrastructure to reduce the digital divide would first advance SDG 9 (Industry, Innovation, and Infrastructure). By providing access to more health-related information, ICT drives progress on SDG 3 (Good Health and Well-being). Digital tools can also democratize education and facilitate remote working, thereby promoting SDG

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Irreversible hotter and drier climate over inner East Asia

Irreversible hotter and drier climate over inner East Asia
Trees tell a heatwave and drought history of inner East Asia. The image shows a landscape in inner Mongolia, northern China, a Scots Pine (Pinus sylvestris L.) tree-ring sample, and a figure showing tree-ring-based heatwave and soil moisture reconstructions from Zhang et al. Science (2020). Credit: Peng Zhang, Hans Linderholm, Zhang et al., Science (2020)

Mongolia’s semi-arid plateau may soon become as barren as parts of the American Southwest due to a “vicious cycle” of heatwaves—that exacerbates soil drying, and ultimately produces more heatwaves—according to an international group of climate scientists.


Writing in the journal Science, the researchers warn that heatwaves and concurrent droughts have increased significantly during the past two decades, with troubling implications for the future. Using tree-ring data, which offer a glimpse of regional climates from before modern weather logs, the researchers developed heatwave and soil moisture records that suggest recent consecutive years of record high

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EU plans to open data to sharing in bid to rival Asia and U.S.

BRUSSELS (Reuters) – In an effort to avoid EU firms and citizens relying on data from Asian and U.S rivals, the European Commission is proposing new rules to allow sharing of public and personal data with businesses and research organisations.

FILE PHOTO: European Union flags flutter outside the European Commission headquarters in Brussels, Belgium August 21, 2020. REUTERS/Yves Herman

The European Union executive hopes that this could lead to improvements ranging from personalised health treatments, to better tackling climate change or developing precision farming techniques.

“Data should be accessible and the sharing of such data should be secure,” European Commission Vice-President Margrethe Vestager told a news briefing on Wednesday.

The Commission proposed a new model based on the neutrality and transparency of so-called “data intermediaries,” which would organise data sharing or pooling, to increase trust.

“For data to circulate, we need (people) to have confidence,” EU industry chief Thierry Breton

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South East Asia Flexographic Ink Market Forecast to 2027 – COVID-19 Impact and Regional Analysis By Resin Type, Technology, and Application

NEW YORK, Nov. 24, 2020 /PRNewswire/ —

Read the full report: https://www.reportlinker.com/p05989614/?utm_source=PRN

Flexographic ink, also known as flexo printing ink, is used in the printing of packaging materials such as cardboard boxes, packaged food, paper bags, plastic bags, and newspapers.There is an upsurge in demand for flexographic inks from the packaging industry due to the growing focus of manufacturers on the development of attractive packaging methods and materials for their products.

UV curable ink is gaining high acceptance over other types such as water-based and solvent-based inks due to its advantages such as high production output, superior bonding, low volatile organic compound (VOC) content, lowered drying time, reduced rejection rates, and better solvent resistance properties. The demand for UV-curable inks has also increased on the back of continuous changes in environmental regulations, and growing awareness and rising concern toward improving the safety of packaged foods.

Based on application, the

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With Singapore emerging as space technology hub of Southeast Asia, we talk to scientists, inventors and ‘astropreneurs’ in the Lion City



a man wearing a suit and tie: Surya Shanmugam (left) and Jacob Tang of Starfleet, the winning team of the 2020 Singapore Space Challenge. Photo: Scott A. Woodward


Surya Shanmugam (left) and Jacob Tang of Starfleet, the winning team of the 2020 Singapore Space Challenge. Photo: Scott A. Woodward

With Elon Musk’s SpaceX shuttling Nasa astronauts to the International Space Station and Virgin Galactic planning to begin commercial flights next year, space has never been more accessible.

For the business-minded, it’s never had more commercial potential. Around US$3.25 billion was invested in space start-ups in 2018, while a 2020 report by Morgan Stanley predicted the space economy could be worth up to US$1.1 trillion by the 2040s.

Space was once the exclusive domain of superpower space agencies, but now entrepreneurs and tech-savvy start-ups are pushing the extraterrestrial boundaries.

Get the latest insights and analysis from our Global Impact newsletter on the big stories originating in China.

The space industry is opening up new frontiers in Southeast Asia, with Singapore fast emerging as a regional hub for a growing

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Taiwan Signs Agreement With Companies in USA, Japan, and Southeast Asia to Champion AI for Business

Leaders from government and business organizations gathered at Taipei’s Huashan 1914 Creative Park to participate in the signing of an MOU between Taiwan and companies in USA, Japan, Singapore, and Indonesia, championing AI technology for business. The MOU signing was witnessed by Jang-Hwa Leu, Director-General of Taiwan’s Industrial Development Bureau, and the signatories include Taipei Computer Association from Taiwan, ConnectOne and Eyemail Technology from Singapore, Goshen Consulting from Indonesia, One&Co (JR EAST) from Japan, and Panorama Growth from USA. Most importantly, this agreement promises more opportunities for collaboration between Taiwanese and international companies over future AI technology development and market implementation.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201112005422/en/

The AI NOW 2020 MOU Signing Ceremony was witnessed by Jang-Hwa Leu (Director-General of Taiwan’s Industrial Development Bureau) and the signatories include Mills Tung (Manager of Taipei Computer Association), Elena Chow (Founder of ConnectOne), Dr. Kelvin Tan (Founder

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Optimism In Asia Drives Emerging Market Outperformance In October

Three Things We’re Thinking About Today

  1. Emerging market (EM) small-capitalization (small-cap) stocks outperformed their large-cap counterparts over the last six months. A catchup from the sharp underperformance in the first quarter was a key driver of the stronger EM small-cap recovery. EM small caps have attracted less investor attention due to the growing market concentration of performance in a handful of mega-cap companies, as disruption from the COVID-19 pandemic drove interest in technology giants. But as we see normalcy return more rapidly in key EMs, this should enable broader economic and market recovery, as evidenced by the recent outperformance of EM small caps. We believe that the long-term structural story for EM small caps is not undone and remains compelling, underpinned by domestic economic drivers and the consumption growth story. As such, we believe that dedicated small-cap exposure should be viewed as complementary to large caps.
  2. Despite the COVID-19 pandemic,
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David Dali of Matthews Asia on the Future of International Investing

CHINA IS INCREASINGLY SHAPING the global economy and the economic landscape. As its sphere of influence grows, the question for investors becomes whether or not their previous portfolio allocations to emerging markets will still suffice. Should they be reallocating more of their portfolio to this growing behemoth?

To learn more about China’s future on the economic stage, we spoke with David Dali, head of portfolio strategy at Matthews Asia. Dali shares his thoughts on China’s growing influence and how investors should be approaching their international and emerging markets exposure if they still want the returns they’re accustomed to.

Here are edited excerpts from that interview.

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How is China influencing the economic and political landscape post-pandemic?

China is going to influence the economic and political landscape the same way they did prior to COVID-19. There are two primary ways

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Q&A: David Dali of Matthews Asia on the Future of International Investing | Financial Advisors

CHINA IS INCREASINGLY SHAPING the global economy and the economic landscape. As its sphere of influence grows, the question for investors becomes whether or not their previous portfolio allocations to emerging markets will still suffice. Should they be reallocating more of their portfolio to this growing behemoth?

To learn more about China’s future on the economic stage, we spoke with David Dali, head of portfolio strategy at Matthews Asia. Dali shares his thoughts on China’s growing influence and how investors should be approaching their international and emerging markets exposure if they still want the returns they’re accustomed to.

Here are edited excerpts from that interview.

How is China influencing the economic and political landscape post-pandemic?

China is going to influence the economic and political landscape the same way they did prior to COVID-19. There are two primary ways China has done that: First, China has clearly become the new geographic

Read More