CHINA:
1. China’s Eminence closes USD Fund II at $120m to focus on enterprise software
2. Kuaishou reports a 37% jump in quarterly revenue
3. Tencent to Ramp Up Investment on Back of Strong Q1 Performance
4. Huobi suspends domestic bitcoin mining amid global sell-off, wider Beijing scrutiny
5. Tencent-backed Chinese jobs portal Boss Zhipin files for US listing
6. Fitness mobile app Keep Plans $500M U.S. IPO
7. Chinese trucking platform For-U nets $200m in Series E round ahead of US IPO
8. Xiaomi-backed Chinese tax platform Huisuanzhang bags $80m Series D
9. Pet food company 宠幸 Chongxing raised nearly 400 million RMB in Series B+
10. Real-time graph database and knowledge graph system Ultipa raised $21 million in Series A
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MOBILE-ONLY MARKETS:
1. Indian VC firm Blume Ventures to launch fourth fund with target of $150m
2. VCs pump USD 7.8 billion into Indian startups in the first four months of 2021
3. SoftBank Vision Fund 2 invests $250 mln in Indian banking tech startup Zeta
4. India: Travel portal ixigo seeks to raise up to $240m via IPO route
5. Indus OS investors take on PhonePe in legal battle over $60m acquisition deal
6. Indian edtech firm upGrad acquires video-based learning platform Impartus in $21m deal
7. Indian edtech firm acquires video-based learning platform in $21m deal
9. PH mobile healthcare startup zennya raises funding to expand footprint
CROSS-BORDER:
1. Israel signs cloud services deal with Amazon, Google
2. Indonesia says building $1.2 bln battery plant with S.Korea’s LG
OVERSEAS:
1. Germany gives greenlight to driverless vehicles on public roads
2. Amazon nears deal to buy MGM Studios for nearly $9 billion
3. Tesla faces $163M payout to drivers in Norway following court decision
4. Aurora Solar, a startup that uses aerial imagery to assess solar installation projects, lands $250M
5. Korean AI tutor Riiid raises $175 million from SoftBank, heads to public schools
6. Invoca acquires DialogTech for $100M to expand its conversational intelligence tools
7. British AI startup Faculty raises $42.5M growth round led by Apax Digital Fund
8. E-commerce startup Little Birdie lands $30M AUD pre-launch funding from Australia’s largest bank
9. SevenFifty Drinks Up $23M Series B For Online Alcohol Marketplaces
10. Zip, an online payments technology provider, buys BNPL companies Twisto and Spotti
11. Fireflies.ai raises $14M for its meeting transcription and automation service
12. Future Family raises $9M to make fertility treatments more accessible and expand its clinic network
13. Japanese HR tech startup Grooves secures $7.3m in latest fundraise
Image Credits: China Money Network