1. gets $1.36b bailout from a consortium of Alibaba, Xiaomi, others

2. Geely Automobile Sales Hit 100,163 Units, Down 9% Year-on-Year

3. Alibaba-backed housekeeping services platform Daojia files for IPO in the US

4. Quanxun Spatial Intelligence is commercializing precision geolocation technology

5. MiniEye completes Series D1 round as investment in autonomous driving heats up

6. Chinese New Retail Unicorn KK Group Raises $300M Led By JD.COM


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1. Nium acquires India unit of scam-hit German fintech giant Wirecard

2. Indian construction marketplace unicorn Infra Market banks $13.4m in debt financing

3. Indian B2B firm Udaan clocks up to $5b GMV as discretionary demand recovers

4. Rapido seeks bike taxi license in Indian state after breather from court

5. Singapore PE firm Ikhlas Capital invests in IT software firm Silverlake

6. Temasek’s deeptech arm leads $5m seed round of Singapore biotech startup Allozymes

7. Carsome makes strategic investment in Indonesian offline car auction firm

8. Indonesian new retail startup Warung Pintar reportedly raises US$6M in new funding round

9. Egypt’s MaxAB closes USD 40 million Series A to fuel expansion of B2B e-commerce platform



1. 38 Chinese Companies Went Public In U.S. In First Half Year

2. Malaysia’s budget airline AirAsia acquires Gojek’s Thai businesses for $50m



1. Nvidia gives health researchers access to UK supercomputer

2. Volkswagen to sell stake in charging unit Electrify America

3. Blackstone to buy ESG software provider Sphera in $1.4 bln deal

4. Yandex Self-Driving Group partners with GrubHub to bring robotic delivery to college campuses

5. Roblox partners with Sony Music to connect artists with money-making activities in the metaverse

6. Fintech giant Wise is set go public in a rare Spotify-style listing

7. NextDoor, the social network known for connecting neighbors, to go public via SPAC

8. Satellite imagery startup Satellogic to go public via SPAC valuing the company at $850M

9. Mortgage-focused software startup Blend seeks $4 bln valuation in U.S. IPO

10. Air taxi startup Volocopter gains key production certification

11. ManoMano raises $355M for home improvements

12. Denmark’s Pleo lands $150M for company cards

13. Cybersecurity company Deep Instinct secures $67M

14. Austin-based closes $46M second fund from legendary tech founders

15. MAGIC Fund raises $30M to scale its global founders-backing-founders fund

16. Byrd raises $19M to expand Amazon-style fulfillment and logistics to more e-commerce merchants in Europe

17. Wagmo raises $12.5M to offer pet insurance

18. FabricNano raises $12.5M to help scale its cell-free fossil fuel alternative technology

19. White label fintech platform Toqio secures $9.4M Seed led by Seaya and Speedinvest

20. Single.Earth to link carbon credits to crypto token market, raises $7.9M from EQT Ventures

21. Meet, the Mexico City-based insurtech that raised $7.2M from VCs and unicorn execs


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