CHINA:
1. Beijing AI Industry Alliance Established
2. China’s carbon neutral goal: Shanghai aims to have 10,000 h
3. Huawei Opens Cybersecurity And Transparency Center
4. Alibaba Cloud offers to build livestream shopping platforms for global clients
5. Alibaba Cloud earmarks $1b for investments in Asian tech startups
6. Tencent to reposition short-video app Weishi to focus on movie content
7. Food delivery giant Metiruan plans to hire 60,000 execs
8. China’s Oriental Space secures funding from Matrix, Sequoia, others
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MOBILE-ONLY MARKETS:
1. BukuWarung, a fintech for Indonesian MSMEs, scores $60M Series A led by Valar and Goodwater
2. Indonesian logistics startup SiCepat enters electric vehicle business
3. Indian startup funding falls 57% to $1.8b in May amid second COVID19 wave
4. Walmart-backed PhonePe maintains its lead in UPI payments amid declining transactions
5. Refyne raises $20.1 million to help workers in India get faster access to wages
6. Indian fintech startup Refyne raises $16m from RTP Global, others
7. Indian green energy company Greenjoules snags $4.5m from Blue Ashva Capital
8. AI-powered Indian logistics platform Shyplite raises $1m from N+1 Capital
9. Pakistani online pharmacy Dawaai raised $8.5m from 500 Startups
10. Workflow digitization firm Kofax acquires document capture developer Psigen
11. Singapore-based waste management system Blue Planet Environmental Solutions acquires Qube Renewables
12. SG fintech firm MatchMove raises $100m from Nityo Infotech
13. Citigroup co-leads $6m round of Singaporean bond trading fintech startup BondEvalue
14. Malaysian healthtech startup Naluri bags $5m in Series A funding
CROSS-BORDER:
1. Shopee expands in Latin America with silent launches in Chile, Colombia
2. US food delivery major DoorDash launches in Japan
3. US private equity major TPG invests $80m in India’s Zenoti at $1.5 billion valuation
OVERSEAS:
1. SoftBank is launching an accelerator program for diverse start-up founders in Europe
2. Google to build new undersea cable to connect Latin America and the U.S.
3. Solarwatt and BMW cooperate on home batteries
4. Sinch, a provider of cloud-based mobile customer engagement tool, acquires MessageMedia for $1.3B
5. European Tesla rival Northvolt raises $2.75 billion from Goldman, VW and others
6. LinkedIn bets on remote events, investing in $5 billion-plus virtual platform company Hopin
7. German eVTOL maker Lilium partners with Honeywell for flight control and avionics systems
8. Carlyle acquires 1E.com, an endpoint and hybrid working specialist, in $270M deal
9. European neobroker Scalable Capital raises $180M+ at a $1.4B valuation
10. Card Issuer Marqeta Valued At More Than $17B in Nasdaq Debut
11. Mythical Games raises $75M to build an NFT game engine
12. Contentstack raises $57.5M for its headless content management system
13. Branch raises $50M to offer bundled auto & home insurance via an API
14. MaintainX Raises $39M Series B To Take Factory Floors From Clipboards To Digital
15. ChartHop raises $35M for its internal org chart and people analytics platform
16. Terraformation gets $30M to fight climate change with rapid reforesting
17. Pennylane raises $18.3 million for its accounting service
18. Seoul-based Ringle raises $18M Series A for its one-on-one English tutoring platform
19. Israeli AI transcription startup Verbit raises USD 157 million at unicorn valuation
20. Get Out Of Sleep Debt: Rise Science Secures $15.5M For App To Boost Energy Levels
21. Stacey Abrams Co-Founded Now Banks $9.5M Series A To Automate B2B Invoices, Payments
22. AllHere Raises $8M Series A To Tackle Absenteeism In K-12 Schools
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