Chinese ‘corona-tech’ startups raise big funding.

Ant Group may sell more shares in Shanghai than Hong Kong in IPO: report

Alibaba opens its livestreaming technologies to other companies

4. China’s ByteDance buys UIPay to leverage e-payment capabilities at home

5. TikTok launches marketing program for advertisers with tools to measure success of campaigns

Meituan 美团 plans grocery retail business expansion to cover 1,000 cities in China

7. China Growth Capital co-leads $19m Series A+ round in biotech company InxMed 应世生物

Chinese medical AI startup LinkDoc Technology 零氪科技 closes RMB 7m Series D+ round funding

9. Chinese independent intelligent prosthesis developer BionicM 健行仿生 secures RMB 7-digit Series A round funding

10. Chinese AI-based ortho startup Changmugu 长木谷 completes RMB 7-digit Series A round funding


Check out our latest podcast about “Managing a $1 billion pre-IPO fund; with Sophie Yao (Pegasus Tech Ventures)” here

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



1. Malaysian IPO market is recovering from the COVID slump, but risks remain

Indian firm, Bollywood’s Akshay Kumar to launch tactical mobile game after PUBG ban

India: Vodafone Idea plans to raise $3.3b to pay off dues

4. Singapore-based customer engagement startup Mobikon hits reset button with COVID pivot to subscription management

Singaporean banking-as-a-service startup MatchMove banks $21m to hit $338m valuation

Singaporean proptech startup Livespace gears up for major expansion after $90m raise

Singaporean fintech startup Qapita raises $1.8m seed round funding



1. ASML, Huawei and Qualcomm may be caught in the crossfire as SMIC runs risk of US blacklist in escalating tech war

2. Goldman Sachs joins syndicate for Ant Group’s mammoth $30b offering

Samsung Electronics wins $9b order for network equipment from Verizon

4. Yandex and Uber spin out self-driving venture with $150m investment

Indian audio streaming startup Gaana raises $50m in Tencent-led round



Apple commits to freedom of information and expression in human rights policy

2. Tesla falls after S&P 500 adds Etsy and two others, bypassing carmaker

3. Pentagon says it will stick with Microsoft for $10b JEDI cloud contract

Amazon to hire 10,000 additional employees in Bellevue, Washington

Bezos, Musk, Zuckerberg and Gates lose a collective $25b in net worth after tech stocks fall

Palo Alto-based cybersecurity startup Anvilogic lands $4.4m seed for collaborative SOC content platform


Image Credits: Venture Beat

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