CHINA:
1. Alibaba halves startup investment as Beijing steps up scrutiny
2. Inner Mongolia to End Crypto Mining by April in Bid to Reduce Energy Consumption
3. China’s Ant seeks to ease staff concerns about selling company’s shares
4. China’s Nio posts bigger-than-expected loss, slowing EV sales growth in first-quarter
5. Xiaomi Revives MiTalk as Audio Chat App Amid Concerns Raised Over China’s Clubhouse Clones
7. Chinese Electric Boat Motor Maker ePropulsion Secures Financing
8. Biotech startup MediLink closes $54m Series A round
9. Hokbee, supply chain services provider in home furniture and decoration, bags $25m Series A funding
10. Computer vision company Clobotics 扩博智能 raised 200 million RMB in Series Pre-B
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MOBILE-ONLY MARKETS:
1. Reliance Jio splashes out $8 billion in Indian airwaves auction
2. Sequoia India leads career networking startup Apna’s $12.5m round
3. Sequoia Capital India’s Surge invests $2M in sales engagement platform Outplay
4. Indian drone maker IdeaForge secures $2m from venture debt firm BlackSoil
5. Indonesian payments infra startup Xendit raises $64.6M in Accel-led Series B
6. Coffee chain Kopi Kenangan’s fund joins round of e-grocery startup Dropezy
7. Indonesian SaaS startup Advotics raises new funding in East Ventures-led round
8. Sea Group allocates $1b to new fund Sea Capital to manage investments
11. Indus Valley Capital raises USD 17.5 million to invest in early-stage Pakistani startups
12. Malaysian budget carrier AirAsia plans to list its logistics arm Teleport in 18 mths
CROSS-BORDER:
1. India woos Tesla with offer of cheaper production costs than China
2. Blockchain sports firm Chiliz to invest $50 million in U.S expansion
3. Indian fintech firm Cashfree partners with PayPal to enable international payments
4. Alibaba’s Cainiao Leads E-Commerce Expansion in Europe and the Middle East
5. Chinese clinical-stage biopharma firm Connect files for Nasdaq IPO
OVERSEAS
1. Biden’s SEC chair nominee signals more regulation for cryptocurrencies
2. Top U.S. utilities collaborate to build electric vehicle charging stations
3. Atomic, which only funds the startups it launches, just closed its newest fund with $260 million
4. Google teams up with Allianz, Munich Re to insure its cloud users
5. Microsoft unveils Mesh for AR/VR meetings
6. Proptech startup States Title, now Doma, going public via SPAC in $3B deal
8. Grocery delivery company Instacart’s valuation doubles to $39 billion after $265M funding round
9. Czech grocery startup Rohlik raises $230M
10. Vestiaire Collective raises $216 million for its second-hand fashion platform
11. Modernizing Dental Benefits: Beam Dental Bites Into $80M Series E
12. Fluid Truck, the Zipcar of commercial trucks, raises $63M to take on rental giants
13. Flink, the Berlin-based grocery delivery startup that operates its own ‘dark stores’, raises $52M
14. After $31M Raise, workplace services company Nuvolo Eyes IPO As Early As 2023
15. Amsterdam’s Crisp, an online-only supermarket, raises €30M Series B led by Target Global
16. Retail Zipline raises $30M as it helps retailers adapt to the pandemic
17. Fuzzy Lands $18M Series B For Pet Telemedicine Platform
18. Maestro nets $15 million for its interactive commerce, community and engagement tools for livestreams
19. Parabol raises $8M after reaching 100,000 users of its agile meeting software
Image Credits: Pandaily