Asia’s first electric scooter sharing startup opens to investors

The Korean tech giant is seeking to reassure investors amid a volatile market; its shares surged on August 20.

The sale price was 7% below the price of the last trading day which reflected “market conditions”, and as a result CATL’s shares declined 6.88% on April 28.

Sandi Sadek joins the firm as partner and chief people officer.

The region is home to 35 unicorns and counting, with fintech and e-commerce companies having raised the most funds, so far. With the public markets taking notice of the sector’s vast potential, 2022 could promise more listings in the line-up.

Conceived only two weeks ago, Expara Ventures lays claim to launching the first accelerator to target solutions to the problems caused by the COVID-19 pandemic. Presently siphoning resources from an existing fund, the VC is in talks with investors to support this initiative.

The additions will allow the venture capital firm to expand its capabilities across sectors and geographies.