CHINA:
1. Chinese Tesla rival Xpeng Motors gets $76 million investment from government
2. China Evergrande’s EV firm partners Tencent unit to develop smart vehicle OS
3.China’s JD.com in talks to buy stake worth $1.5 billion in brokerage
4. China’s Geely to add $5 billion battery plant in EV push
5. Baidu’s AI chip unit Kunlun completes new funding, at $2 billion valuation
6. Tencent picks up 5% stake in China’s game developer Century Huatong for $429m
8. Matrix-backed B2B trading platform ICHunt nets nearly $100m from JD MRO
9. Chinese medical device maker Hanyu closes $77m in Series D+ round
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MOBILE-ONLY MARKETS:
1. Mexican challenger bank Fondeadora adds $14 million to its Series A
2. Indian gaming startups raised over USD 500 million in the last six months
3. India’s fintech startup CRED in talks to raise $200 million at $2 billion valuation
4. Indian early-stage VC firm Ankur Capital raises $45.4m in its second fund
5. Uber’s subsidiary Careem landed $1.7m in seed money
6. Wise appoints Grab co-founder, ex-Trainline CEO to its board
7. Singapore logistics startup Haulio bags pre-series A funding
8. SG’s co-living startup Hmlet in talks to raise $25m round led by EDB investment arm
9. Ouch! bags US$364K seed funding for its insurance platform
10. Pakistan-based healthtech firm Sehat Kahani lands $1m in pre-series A round
11. ESB, Indonesia’s answer to Toast, bags US$3M in Beenext-led Series A round
CROSS-BORDER:
1. Xiaomi Shares Surge After US Court Suspends Investment Ban
OVERSEAS
1. Rogers’ $16 billion bid for Shaw shakes up Canadian telecoms industry, may irk regulators
2. Amazon-backed Deliveroo aims to raise $1.4 billion in upcoming IPO
3. Software startup Sprinklr confidentially files for IPO
4. Cruise acquires self-driving startup Voyage
5. Shared micromobility startup Bird to spend $150 million on European expansion plan
6. Swedish battery manufacturer Northvolt receives a $14 billion order from VW
7. S Korea’s Naver in alliance talks with Emart to counter rise of Coupang
9. Airtable is now valued at $5.77B with a fresh $270 million in Series E funding
10. Genesis raises $45M to expand its fintech-focussed low-code platform to more verticals
11. Zeller, a fintech founded by Square alumni, raises $25M AUD Series A led by Lee Fixel’s Addition
12. DeepSee.ai raises $22.6M Series A for its AI-centric process automation platform
14. Austin’s SchooLinks Raises $8.3M Series A For College And Career Planning
15. Building-code compliance startup UpCodes gets $3.36M in pre-Series A funding
16. Uplift Labs Picks Up $3M Seed To Improve Human Movement
17. Creator marketplace developer Gumroad raised $1 million at a $100 million valuation
Image Credits: Pandaily