CHINA:
1. China’s PBOC joins cross-border digital currency project with other central banks
2. China electric vehicles (EVs) sales grew 8% to 1.3 million units in 2020
3. Ant investor Boyu Capital said to target $6b for new PE fund
4. Lalamove rolls out new safety measures, backpedals after passenger death
5. Bilibili’s CEO claims to achieve 400million MAU before 2023
6. Chinese diagnostics firm WuXi Diagnostics raises $150m in Series B round
7. China’s Yisheng Biopharma nets $130m in Series B round co-led by OrbiMed
8. Chinese semiconductor design startup AkroStar scores USD 62 million from Hillhouse and Sequoia
9. VR interactive technology company NOLO VR raised USD 20 million in Series B
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MOBILE-ONLY MARKETS:
1. Plant-based food startup Next Gen lands $10M seed round from investors including Temasek
2. India approves $1 billion plan to boost IT product exports
3. Flipkart to shift its fleet to EVs, targets 25,000 units by 2030
4. Grofers reportedly mulling a merger with US-based Cantor Fitzgerald’s SPAC for Nasdaq listing
5. India-based retail tech firm Arzooo nets $6m from Trifecta Capital
6. Partnership marketing firm Affise banks $8m to expand to SEA, US
7. Indonesia’s P2P lender Amartha bags $50m facility from Lendable to back women micro-entrepreneurs
8. Indonesian microretail startup Warung Pintar acquires B2B ecommerce firm Bizzy Digital in $45m deal
9. Open Banking platform Tarabut Gateway raises USD 13 million in MENA’s largest seed round
CROSS-BORDER:
1. Apple supplier Foxconn teams up with Fisker to make electric vehicles
2. Fashion tech startup Pixibo raises $1.4m to power its first experiential store
3. Australian BNPL firm Afterpay partners with US-based fintech Stripe
4. Alibaba denies that Lazada CEO in Thailand will join ByteDance’s e-commerce unit
5. TikTok Is Ramping Up Its E-Commerce Engine Globally
OVERSEAS
1. Biden signs executive order to address chip shortage through a review to strengthen supply chains
2. Oak HC/FT closes on $1.4 billion to invest in fintech and healthcare startups
3. The online game and game creation platform Roblox direct listing debut planned for March 10
4. Air taxi startup Joby to go public in $6.6 billion blank-check deal
5. SoftBank-backed robotics firm Berkshire Grey to go public via $2.7b SPAC deal
6. Canva acquires background removal specialists Kaleido
7. Spain’s Wallapop raises $191M at an $840M valuation for its classifieds marketplace
8 Petal Takes In $126.6M Debt Facility To Provide Access To Credit
9. RecargaPay, a Brazil-based fintech company, closes a $70 million Series C
10. Emotive raises $50M to make text marketing more conversational
11. Redox, a company making health care data useful, raises $45M
12. Blueshift raises $30M for its AI-based, integrated approach to marketing
13. Everdrop raises $21.8m Series A round led by Felix Capital for its dissolvable cleaning tablet
14. Metal 3D printing startup Mantle launches out of stealth with $13M in funding
15. Workiz locks in $13M for productivity tools aimed at home services professionals
16. Hydrolix snares $10M seed to lower the cost of processing log data at scale
17. Acumen nabs $7M seed to keep engineering teams on track
Image Credits: 36kr.com