Chinaccelerator Daily Digest 04/15/2021

CHINA:

1. China’s big data market forecast 2021-2024; total spending to exceed US$20 bn by 2024

2. Baidu, ByteDance and JD.com Pledge to Comply with Antitrust Rules after Regulators Ask for Compliance with Alibaba Case

3. Chinese Tesla rival Xpeng Motors launches sedan with new driverless features as EV race heats up

4. Tencent Music appoints new CEO, chairman Zhu Liang

5. Chinese fitness tech startup FITURE closes $300m in its biggest funding round

6. GLP-backed Chinese logistics player ZJS Express bags $153m in Series B round

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MOBILE-ONLY MARKETS:

1. SG venture debt firm Genesis Alternative closes debut fund at $80m

2. Singapore-based biotech company ImmunoScape secured a $14 million round of funding

3. Tembusu Partners’s e-sports fund invests US$1M in Singapore’s RSG

4. Gojek and Tokopedia are finalizing USD 18 billion fusion to form GoTo, report says

5. Indonesian e-commerce company Bukalapak raises new funds from Microsoft, eyes local listing

6. Indian micro VC iSeed secures $15m as part of second fund

7. Decentralized finance firm Yieldly banks $1.4m in LongHash-backed round

8. PH cloud kitchen startup Kraver’s Canteen raises $1.5m

CROSS-BORDER:

1. Ecommerce SaaS firm Techsembly banks $1.4m in a round led by UK’s SuperSeed

OVERSEAS

1. Irish privacy regulator launches inquiry into Facebook over data leak

2. Coinbase valued at $86 billion in choppy Nasdaq debut

3. Ford to offer hands-free driving in some car, truck models later this year

4. Toyota taps Apex.AI for its autonomous vehicle operating system

5. Elon Musk’s SpaceX raises $1.16 billion in equity financing

6. Astranis raises $250M at a $1.4B valuation for smaller, cheaper geostationary communications satellites

7. Benchling, a life sciences R&D cloud company, raises $200M

8. Banking software firm Alkami valued at more than $3 billion in U.S. market debut

9. Banking tech startup Zeta in talks with SoftBank to raise at over $1 billion valuation

10. Internet marketing firm Scorpion raises $100 million from Bregal Sagemount

11. Plex raises $50M growth round to fuel ad-supported streaming, expansions

12. Upstack raises $50M for its platform and advisory to help businesses plan and buy for digital transformation

13. Montreal’s dcbel Raises $40M To Bring Smart Home Energy Appliances To Market

14. Slice picks up $40m for pizzeria platform

15. Messaging app Wire raises $21 million

16. Amira Learning raises $11M to put its AI-powered literacy tutor in post-COVID classrooms

17. PlexTrac raises $10M Series A round for its collaboration-centric security platform

18. Creator monetization and CRM startup Pico raises $6.5M

Image Credits: Reuters