1 SMIC, China IC Fund, E-Town To Jointly Establish $7.6B Chip Factory

2 China’s resurgent carmakers accelerate out of coronavirus crisis … straight into semiconductor components speed bump

3 Baidu holds the most AI-related patents in China

4 Baidu Earns First Permit in China for Fully Driverless Road Tests in Beijing

5 China’s US-listed electric carmakers NIO and Xpeng rev up to catch up with Tesla on their home turf as NEV battle heats up

6 Alibaba-Backed AutoNavi Joined ByteDance’s Office Suite APP with Enterprise Car

7 Chinese Phone Maker Gionee Found Guilty of Implanting Malware in More Than 20 Million Devices

8 China’s 17 Education IPO sees 2nd day price pop

9 Chinese EV startup Hozon Auto bags $306m as part of series C round

10 GGV Capital leads $76m round for Tiger Global-backed Chinese startup, Gaia Works

11 Chinese biotech firm Avant nets $3.1m to commercialize cultivated meat


Check out our latest podcast about “Open Innovation in Healthcare from Academia to Corporates to Startups: She Loves Tech Series with Dr. Yongqin Zeng, Senior Director Innovation Lead at Philips Venture here

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



1 After fundraising spree, Reliance Retail pushes grocery labels to India’s small towns

2 India’s Budget hospitality firms Zostel, OYO, Vista Rooms witness recovery in biz

3 Malaysia’s Carsome said to secure $25m in commitments led by Asia Partners

4 Claritas HealthTech, AI media processing technology to acquire tele-radiology player IHV

5 Indonesian P2P lender KoinWorks aims to be an SME super app with range of new products

6 Bangkok’s Proptech startup FazWaz raises funding to globalise real estate e-transactions

7 All Philippine startup funding up 384% in H1 amidst pandemic



1 Google Pay forays into digital gift cards category in partnership with India’s  Qwikcilver

2 Uber sells autonomous driving unit ATG to Aurora, a self-driving car start-up at $4b

3 Walmart hires Goldman Sachs to explore $10b Flipkart IPO in the US

4 Fatima Gobi Ventures delays final close of $20m Pakistani fund to early 2021



1 Goldman Sachs’ MENA CEO Wassim Younan to retire

2 Toyota and Japan’s mega banks join body to fund hydrogen projects

3 SpaceX’s Starlink receives $886 million from FCC to improve rural internet

4 Australian logistics tech startup Shippit raises $22m, eyes SEA expansion

5 Alphabet-backed Sidewalk Infrastructure Partners invests in start-up paying customers to cut energy use

6 Online lending startup SoFi said to explore deal to go public

7 Sequoia’s Surge co-leads game development service’s $4m round

8 Quell raises $3M to turn home fitness into a game

9 WoodSpoon Dips Into $2M Seed For Hand-crafted Food Marketplace


Image Credits: Deal Street Asia

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