1. Shenzhen Announces to Achieve Citywide 5G Coverage

2. State-owned Konka Group partners with Yancheng authority to launch $1.4b fund

3. Huawei Invests in Newly Established Venture Capital Fund Hongtu Shanli 红土善利

4. HK-based alternative protein investor Lever VC hits first close of new fund at $23m

5. ByteDance acquires Matrix-backed Caicloud

6. Solar tracking and racking systems developer Arctech Solar targets to raise $206m in STAR Market IPO

7. Alibaba’s fintech arm Ant Group to set up consumer finance firm in China

8. Taiwanese Apple supplier Catcher to sell two units to Lens Technology Co. for $1.4b

9. Hong Kong’s food e-commerce startup DayDayCook raises $20 million

10. Chinese Industrial AI Firm Matrixtime Robotics Raises $15M In Series A Round

11. SIG Leads $10M Round In Chinese DevOps Solution Provider UWinTech


Check out our latest podcast about “Digital Transformation: Converting Consumer Data into Gold; with Kevin Lee (IKEA), Alexis Richez (ZTP), German Torrado (Genetsis) and Abel Zhao (Travelflan)here

Check out our latest blog post about “Top 5 Podcasts to Understand How VCs Make Decisions” here



1. SG’s edtech startup Doyobi raises $1m led by 500 Startups, Xoogler Angels

2. SG-based internet giant Sea nearly doubles Q2 revenue to $1.29b as Shopee continues growth

3. Grab pushes ‘one-dollar’ financial revolution in Southeast Asia

4. Telkom Indonesia’s MDI Ventures closes $500m later-stage tech fund

5. India’s ixigo-backed gogoBus acquires Ranchi travel platform BusYar

6. India: DrinkPrime nabs $3m led by Omidyar Network India

7. Deloitte India buys marketing advisory firm Spatial Management

8. India: Sequoia, Matrix-backed fintech startup FPL raises $10m in Series A

9. Indian online pharmacy startups PharmEasy, Medlife set to merge ops

10. RIL’s retail arm acquires Indian online pharmacy Netmeds for $83m

11. India’s Yes Bank trims stake in CG Power after KKR, and L&T Finance

12. India’s OneCard credit card-maker FPL Technologies lands $10 million



1. Texas Permanent commits $145 million in total to KKR Asia, PAG funds

2. Japan’s Nippon India Digital Innovation AIF invests $6.6m in India-based Endiya Fund II

3. With first female general partner, game VC fund from Lumikai focuses on Indian startups

4. Oracle is in talks to acquire TikTok’s U.S. operations, challenging Microsoft

5. Bain fends off rival bid, clinches $1.2b deal to buy aged-care facility operator Nichiigakkan

6. US expands Huawei ban to third-country chip vendors

7..China’s Lufax partners Thai bank for online wealth management platform

8. Takeda Pharmaceutical to sell OTC drug unit to Blackstone for $2.3bn

9. Zoom opens new data center in Singapore, plans to add more jobs

10. India: Goldman, Everstone invest in digital engineering services firm Infostretch



1. Electric vehicle startup Canoo to go public via SPAC

2. Take-Two Interactive acquires Two Dots game developer for $192M

3. Homebuying Platform HomeLight Acquires; Will Launch Listing Management Services

4. SpaceX raises $1.9 billion in largest funding round to date

5. Attabotics raises a $50M Series C for its warehouse fulfillment robots

6. Dutchie Lights Up E-commerce Cannabis Space With $35M Series B

7. SpyCloud Closes $30M Series C To Prevent Account Takeovers

8. Seated Raises $30M; Acquires VenueBook To Boost Restaurant Events Business

9. Marketing software startup Movable Ink Lands $30M Series C

10. Melbourne-based CI/CD platform Buildkite gets $28 million AUD Series A led by OpenView

11. Carrot Fertility Banks $24M Series B To Advance Benefits Tools For Employers

12. Xos Trucks raises $20M to put more of its electric commercial trucks on the road

13. Chili Piper Secures $18M Series A For Customer Conversion Platform

14. Odeko Closes $12M Series A; Merges With Cloosiv To Form New Mobile-Ordering App

15. Persefoni Lands $3.5M Seed To Help Companies Track Their Carbon Footprint, Generate Sustainability Reports

16. Digital Planner The Nudge Raises $2M Seed Round


Image Credits: ScreenRant

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