Chinaccelerator Daily Digest 07/02/2021

CHINA:

1. TikTok removes over 7.2m accounts ‘potentially’ owned by underage users

2. BYD Semiconductor Lists on GEM of Shenzhen Stock Exchange

3. International logistics startup Yunquna secures Series D1, eyes global expansion

4. R&D management platform Ones nets RMB 300 million Series B to rev up teamwork

5. Xiaomi-backed autonomous driving decacorn ZongMu nets USD 190 million Series D

6. Livestream platform Qinker nets Series A while travel bookings surge

7. Hong Kong blockchain gaming unicorn Animoca Brands lands $50m in fresh funding

 

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MOBILE-ONLY MARKETS:

1. India’s central bank says growing presence of Big Tech in financial services a concern

2. India’s Inflexor Ventures hits $81m in final close of second fund

3. Indian retailers line up $800m IPOs amid COVID crisis

4. Oyo’s Indian rival Treebo banks nearly $16m in round led by French hospitality major

5. Industrial tech firm Detect Technologies that serves Exxon, Reliance nets $12m in Accel-led round

6. Yamaha Motor leads $6.5m round of Indian used two-wheeler marketplace

7. Tiger Global in talks to back Indian fintech Yap

8. Rural India-focused commerce startup Hesa bags $2m seed funding

9. Drone delivery company Zipline raises $250M at $2.75B valuation to build out its instant logistics service

10. Carro’s fintech arm launches financing plan for EVs, hybrid cars

11. SCI Ecommerce closes ongoing financing round at US$65.4M, inks partnership with TikTok

12. SoftBank-backed wealthtech platform Endowus secures additional $5m funding

13. Endowus attracts US$4.5M from UBS, Samsung to take on the likes of StashAway

14. Vertex Ventures leads Singapore blockchain digital signing startup Dedoco’s $2.5m round

15. Grab-Singtel venture files for Malaysian digital bank license

16. Vietnamese ecommerce firm Tiki said to have secured $100m in first Series E tranche

 

CROSS-BORDER:

1. Instant grocery startup Getir makes its first acquisition to expand into Spain and Italy

2. Indian esports startup MPL to up hiring in Indonesia by 50%, enters US market

3. WeWork partners with Grab to offer deals for the super app’s business clients

4. Asia Innovations Group Plans U.S. IPO, Eyeing between $600 Million to $800 Million

5. TikTok maker ByteDance finds new success in US with CapCut, a hit video editing app

 

OVERSEAS:

1. Amazon’s carbon emissions rose 19% in 2020 even as Covid-19 pushed global levels down

2.BMW i Ventures announces new $300 million fund to invest in sustainable technology

3. Nissan announces plans to build EV battery ‘gigafactory’ in UK

4. Stock-trading app Robinhood files to go public

5. S Korea’s SK Innovation mulls listing its battery business

6. Barracuda acquires Skout Cybersecurity to enter the XDR market

7. Online Workplace Training Platform Articulate Global Lands $1.5B Round At $3.75B Valuation

8. Dubai cloud kitchen Kitopi raises $415m from SoftBank, others

9. Turntide Technologies raises $225M for smart motors

10. Moveworks raises $200M Series C at $2.1B valuation

11. ServiceTitan acquires Aspire to move into landscaping, raises $200M at a $9.5B valuation

12. Mercado Bitcoin, Brazil’s first crypto exchange, raises $200M from SoftBank

13. Dream Games raises $155M at a $1B valuation as its Royal Match puzzle game hits a royal flush

14. Rohlik raises $119M at a $1.2B valuation to grow its 2-hour grocery delivery service in Europe

15. Paper gets $100M worth of venture-backed paper for B2B edtech

16. Ghost raises $100M Series D for autonomous driving and crash prevention tech

17. SWORD Health closes on $85 million Series C for virtual MSK care

18. Cybersecurity company Versa Networks raises $84M Series D

19. Ably raises $70 million for its developer platform that enables realtime features

20. Six Months After Its Series A, Noname Security Raises $60M As Securing APIs Stays Hot With Investors

21. Rocket startup Gilmour Space raises $46M Series C to take its small launch vehicle to orbit

22. Kikoff Launches With $42.5M In Funding To Help Users Build Credit 

23. Codat raises $40M from Tiger for its SMB-focused API service

24. Singularity 6 raises $30M to fund upcoming fantasy ‘community simulation’ MMO

25. Kikoff raises $30M for its hybrid consumer-credit and financial-literacy service

26. Karat Raises $26M Series A To Build Financial Infrastructure For Creators 

27. London-based insurtech Hyperexponential closes $18M round led by Highland Europe

28. Nowports raises $16M to build the OS for LatAm’s shipping industry

29. FloLive, an IoT startup building cloud-based private 5G networks, raises $15.5M led by Intel

30. Edtech startup Microverse raises $12.5M to bring income share agreements to the developing world

 

Image Credits: KrAsia

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