Chinaccelerator Daily Digest 10/15/2020

CHINA:

1. Chinese people watch short videos for 110 minutes per day

2. Trillion-RMB Market for E-commerce Livestreaming in China: Report by KPMG and AliResearch

3. Greater China firms continue upward trend to raise $14.3b in Q3

4. Huawei in talks to sell parts of its Honor smartphone business

5. Chinese delivery giant Meituan’s new live-streaming tool helps private education companies target users nearby

6. China’s Retail Giant Meituan Launches First AI Smart Store, Realizing a New Retail Experience

7. Alibaba and Dufry, a global duty free shop operator, to set up joint venture in China

8. China’s Sinovation Ventures seeks $1b for new VC fund

9. Safe Driving Systems Startup Tsingtech Microvision Raises RMB100M

10. Chinese New Energy Car Startup Enovate Raises New Round

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MOBILE-ONLY MARKETS:

1. Singapore’s Carro secures $110m in debt financing, additional equity

2. Singapore-based supply chain startup Tramés bags seed money to fuel its expansion plans

3. Myanmar’s ThitsaWorks, a digital solutions provider for microfinance institutions (MFI), bags funding from BOD Tech Ventures to scale operations

4. India on path to have 100 unicorns by 2025 despite covid impact: TiE report

5. Indian conglomerate Tata Group eyes 20% stake in Alibaba-backed e-grocer Bigbasket

6. Indonesia’s Gojek seeks to grow third-party platforms business

CROSS-BORDER:

1. Trump administration to consider adding China’s Ant Group to trade blacklist – sources

2. EU antitrust regulators may narrow Amazon investigation

3. Google to provide Mideast grants, loans to train digital skills

OVERSEAS:

1. Khosla Ventures seeks $1.1 billion for its latest fund

2. Brighteye Ventures sees $54M first close of its second fund to back edtech startups in Europe

3. Plenty has raised over $500 million to grow fruits and veggies indoors

4. BlackRock invests $118 million in UK electric vehicle startup Arrival

5. SoftBank and Nippon Express to launch fleet management service

6. Zoom launches its events marketplace

7. Peer-to-peer carsharing marketplace Getaround driving growth with $140M Series E

8. Consumer-focused fintech platform M1 Finance closes $45M Series C mere months after it raised its $33M Series B

9. Menlo Microsystems closes $44M Series B to make electronic switches smarter

10. Ori Biotech To Use $30M Series A On Cell, Gene Therapy Manufacturing Platform

11. Vivun, AI-powered platform for presales, announces $18M Series A to keep growing pre-sales platform

12. Jared Leto, Scooter Braun and Troy Carter are backing Moment House, a startup recreating live events… digitally

13. Dataloop raises $11M Series A round for its AI data management platform

14. Australian insurtech startup Cover Genius banks $11m in new funding

15. Sanity, a platform to build and manage content flows on sites, raises $9.3M from Ev Williams, Threshold and more

16. Playbook, a fitness platform that puts creators first, raises $9.3 million

17. Pitching tech to optimize building design for sustainability, Atlanta-based Cove.tool raises $5.7 million

18. Frontegg raises $5M to help SaaS companies build SaaS faster

19. Osmind Inks $2M To Improve Care Delivery, Treatment For Mental Health

Image Credits: Reuters