CHINA:
1. Chinese electric carmakers add $13.65 billion in value as Tesla surges
2. Tencent makes USD 120 billion from investments in stock rally
3. Alibaba steps up for community group buying market in China
4. Ant-backed Chinese bike-sharing startup Hello Bike eyes $1b in US listing
5. China Aims To Build Its Version Of Elon Musk’s SpaceX Starlink Faster Than Others
6. Machinery rental platform Zhongneng raises USD 461 million amid infrastructure building boom
7. E-signature provider 法大大 Fadada raised 900 million RMB in Series D, led by Tencent
8. MataApp raised 100 million USD in Series C
9. B2B fashion tech company 凌迪科技Style3D raised 200 million RMB in Series Pre-B
Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here
Subscribe to Daily Digest Newsletter here
MOBILE-ONLY MARKETS:
1. LatAm corporate spend-management startup Clara raises $3.5M, comes out of stealth
2. Savannah Fund launches $25M fund to invest in African startups at seed and Series A
3. Grab mulls SPAC merger for US listing
4. Southeast Asia-focused medtech firm Genetica secures $2.5m from Silicon Valley investors
5. Mesh Bio raises US$1.8M seed to help doctors predict diseases before they occur
6. India’s Easy Trip Planners IPO subscribed 160 times on final day
7. Indian ride-hailing unicorn Ola sees its valuation drop by 50% to USD 3 billion
8. Dailyhunt parent VerSe acquires Indian photo-sharing platform Vebbler
9. Indian edtech startup Quizziz nets $12.5m in Eight Roads Ventures-led round
CROSS-BORDER:
1. PayPal brings its ‘buy now, pay later’ offer to crowded Australia
2. SoftBank-backed Volpe Capital raises $80M to invest in LatAm
3. Singapore’s on-demand bus service provider Swat Mobility considers Japan IPO
OVERSEAS
1. YouTube reaches 120 million people watching on TV screens per month
3. SoftBank-backed Coupang raises $4.2 billion in IPO
4. EV startup Canoo plans to roll out American-built, pod-like electric pickup in 2023
5. Volkswagen hikes battery cell demand in aggressive EV expansion
6. EV subscription service Onto partners with Shell to expand access to charging
7. Greensill tech partner Taulia secures $6 billion funding from JPM-led consortium
8. Australian fintech firm OpenMarkets Group bags $7.6m in pre-IPO round
9. Application security developer Snyk snags $300M at $4.7B valuation
10. Aqua Security, a company providing cloud-native security technology, lands $135M, becomes unicorn
11. Optibus picks up $107M for an AI-based planning and operations platform aimed at mass transportation
12. Corvus Insurance Raises $100M As Cyber Attacks Increase
13. Tetrate, the company born out of Istio’s open-source app networking project, raises $40 million
14. DataGrail snares $30M Series B to help deal with privacy regulations
15. Israel’s retrain.ai closes $13M to use AI to understand early signals in the changing jobs market
16. Chatbot startup Heyday raises $5.1M
Image Credits: The Business Times