1. China plans to accelerate blockchain development and adoption in push to become a world leader in the technology by 2025

2. Regulators ask crypto mining to move out of Sichuan province after September

3. Alibaba Cloud to invest $1b to fund startups and empower developers in APAC region

4. Dada Group Delivers Strong Q1 Results Boosted by Demand in Lower-Tier Markets

5. Chinese oline grocery Dingdong Maicai files for US IPO

6. Alibaba-backed online education giant Zuoyebang downsizes amid tightening policy control

7. Chinese lidar maker Hesai lands $300M led by Hillhouse, Xiaomi, Meituan

8. Luckin founder adopts frugal approach with new F&B startup

9. Cross-border logistics platform Kuajinghaoyun 跨境好运 nets millions of yuan from Temasek unit, other investors

10. Chinese O2O pharma platform Dingdang Health nets nets $22m led by TPG Capital Asia

11. Chinese genome sequencing firm QitanTech bags $63m co-led by GL Ventures, CDH


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1. PropertyGuru in talks with blank-check firm for $2b merger deal

2. Wagely, an Indonesian earned wage access and financial services platform, raises $5.6M

3. Indonesian telemedicine “super app” Alodokter raises fresh capital, claims 30M MAUs and 43K doctors on its telemedicine platform

4. Tata Digital in talks to buy stake in hyperlocal delivery firm Dunzo

5. Tiger Global leads USD 35 million Series C round in Indian automobile startup GoMechanic

6. Beenext joins $2m round of Indian mobile commerce platform for SMBs

7. Philippines grants new digital banking licenses to Tonik, Unobank

8. Thailand-based automotive parts firm Autopair nets undisclosed sum in pre-series A money

9. MooVita raises ‘multi-million dollars’ Series A to bring driverless cars to Singapore’s public roads

10. Stemly, SaaS startup incubated by ING Labs Singapore bags $2.5m from Elev8, others

11. SOSV Chinaccelerator portfolio NewCampus raised fresh funds of $2million

12. Singapore startup that develops plant-based eggs Float Foods banks $1.7m in seed round

13. Naluri secures US$5M Series A to support people with chronic health, mental conditions in SEA



1. Nvidia’s acquisition of Arm could reportedly be delayed by Chinese regulators

2. Apple, Chinese manufacturers in talks on U.S. car battery factory

3. Amazon to invest $3 billion to open data centres in Spain in 2022

4. Razer partners with Hong Kong startup Clearbot to build self-driving ships to clean marine waste



1. Apple bull expects iPhone maker to hit $3 trillion market cap in 2022

2. ExtraHop, a cloud-based network detection and response technology, acquired for $900M by Bain Capital and Crosspoint

3. As team management software company targets $6B+ IPO valuation, Zoom and Salesforce commit $150M

4. Brazil digital bank Nubank closes $750M Series G extension

5. 3D-printed rocket startup Relativity Space launches its valuation to $4.2B with $650M in new funding

6. EV startup Fisker sets moonshot goal of making a climate-neutral EV by 2027

7. Managing Health From Home: LetsGetChecked Raises $150M Series D

8. Brinqa raises $110M for cybersecurity tools

9. Whatfix Lands $90M To Help Get Employees Up To Speed On Work Apps

10. Airbase raises $60M as the corporate spend market segments, matures

11. Seven Seven Six-Backed SIMULATE Gobbles Up $50M Series B To Expand Food Products

12. Croatia’s Gideon Brothers raises $31M for its 3D vision-enabled autonomous warehouse robots

13. Pasqal raises $30M for quantum processors

14. Liteboxer, the Peloton of boxing, raises $20 million Series A

15. Kafene raises $14M to offer buy now, pay later to the subprime consumer



Image Credits: Pandaily

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