1. Guangdong plans to build regional data centre in Shenzhen with coverage of Hong Kong and Macau

2. China market regulator approves Tencent’s $3.5 bln deal to take Sogou private

3. Meituan relaunches ride-hailing app amid Didi investigation

4. HeyTea Completes Financing Round Worth $500 Million, Raising Market Value to $9 Billion

5. Alibaba to anchor $258m fund for startups in China’s Greater Bay Area

6. Alibaba to Acquire Unisplendour Co. in Effort to Build up Cloud Computing Infrastructure

7. Alibaba Establishes Artificial Intelligence Governance Laboratory

8. Alibaba-backed logistics major GoGoX banks $100m in fresh funding

9. Chinese biopharma firm Adlai Nortye bags $100m in a Series D round

10. Weather tech startup Ninecosmos shines with Series A investment for commercial services


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1. Food-delivery startup Zomato raises $562 million from anchor investors ahead of IPO

2. India: Education loan provider MPOWER raises $100m from Tilden Park, others

3. Indian aquaculture startup Aquaconnect nets $4m in pre-series A round

4. Nigeria leads mobile app market growth in Africa as use of gaming apps surge 44% from Q1 2020

5. Vara raises $4.8M from investors like Go Ventures and Sequoia India’s Surge to digitize Indonesian SMEs’ payrolls

6. Philippine fund to invest $40m in early, growth-​stage startups across SEA

7. SG robo-advisor Syfe closes $30m Series B round led by Valar Ventures

8. Mock-meat firm backed by Temasek, Next Gen Foods, bags additional $20m seed funding from GGV, others

9. Nas Academy, a Singapore-based education platform, bags $11m in series A round led by Lightspeed Ventures

10. Singapore fintech firm Bambu acquires investment management platform

11. Malaysia’s Speedhome attracts US$1.7M Series A to expand its zero-deposit property rental platform into Bangkok

12. Egypt’s Yodawy raises USD 7.5 million Series B for its digital pharmacy marketplace

13. Indonesian SaaS platform OnlinePajak bags $12m from Tencent, Altos Ventures, others



1. Tesla’s First China-Built Model Y Will Be Delivered to Europe in August

2. Thai electricity firm GPSC invests $453m in India’s Avaada Energy



1. France fines Google 500 mln euros over copyright row

2. Apple’s potential ‘buy now, pay later’ plan sends sector tumbling

3. ZoomInfo announces plans to acquire sales intelligence tool for $575M

4. GM to invest $71 mln for new design and tech campus in California

5. Eka Ventures closes $95M Impact VC fund for sustainable consumption, healthcare and society

6. Female Founders Fund closes third fund with $57M for female founders

7. Digital mortgage lender Better acquiring Goldman Sachs-backed fintech ahead of public listing

8. EV battery maker SES Holdings looks to go public via $3.6b SPAC deal

9. Quantexa, a provider of network analytics tools for detecting and preventing financial crime, raises $153M

10. Remote Closes $150M Series B To Help Companies Manage Changing Workforce

11. Impact raises $150M at a $1.5B valuation as affiliate and other marketing partnerships come into their own

12. Sourcegraph raises $125M Series D on $2.6B valuation for universal code search tool

13. SaaS platform developer Pantheon hits $2B valuation after closing a $100m Series E

14. Amperity raises $100M on a $1B+ valuation to help company’s build better profiles of their customers

15. Marco Financial raises $82M in debt, equity seed round to support small Latin American exporters

16. Breach simulation startup AttackIQ raises $44M to fuel expansion

17. Heart Aerospace raises $35M Series A, lands order with United and Mesa Airlines for 200 aircraft

18. Xtremepush, an online customer engagement platform, lands $33M

19. Investment app Syfe raises $30M Series B led by returning investor Valar Ventures

20. NewView Capital leads $22.3M Series B in Australian telehealth platform Eucalyptus

21. Mighty Buildings lands $22M to create ‘sustainable and affordable’ 3D-printed homes

22. Micromobility operator Veo raises $16M to fund U.S. expansion

23. Nas Academy raises $11 million to help creators build their own MasterClass-like courses


Image Credits: Pandaily

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