Chinaccelerator Daily Digest 12/10/2020

CHINA:

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MOBILE-ONLY MARKETS:

1.India’s Reliance Jio to roll out 5G technology in second half of 2021, says Mukesh Ambani

2. Indian social commerce startup Meesho said to be close to raising $150m funding

3. India’s edtech Cuemath raises $40m

4. Sequoia India’s Surge invests in customer service startup Richpanel

5. Mubadala, Arbor lead fintech firm tabby’s $23m funding round

6. Indian social commerce startup DealShare raises $21m led by WestBridge

7. Veranda Learning acquires Indian exam preparation institute Chennai Race for $13.5m

8. Indian smart appliance startup Atomberg Technologies lands $9.4m in series B round

9. India’s fresh meet and fish e-retailer FreshToHome bags investment from Abu Dhabi Investment Office

10. Singapore fintech startup Rely secures finance facility of up to $75m

11. I Squared Capital acquires, merges two Singapore cloud migration services firms, InfoFabrica & Cloud Kinetics

12. Malaysian facial recognition firm Wise AI secures funding from Sunway Group’s VC arm

13. Malaysian car marketplace Carsome raises $30m in Asia Partners-led round

CROSS-BORDER:

1. Goldman Sachs to take 100 per cent ownership of China joint venture

2. IFC proposes $30m investment in healthcare third-party administrator Malaysian MiCare

3. Germany blocks Chinese takeover of satellite firm IMST on security concerns

4. Trevo, the Airbnb of automobiles, will soon drive into Indonesia after Malaysia launch

5. C-suite, O2O learning platform, raises six-figure seed funding to expand its learning platform for executives in Asia

6. SoftBank, Hanwha Investment pour $60m into Korean payments startup Chai

7. Amazon looks to invest $100m in India’s largest pharmacy chain, sources say

8. Chinese Coronavirus Vaccine Approved In UAE

9. China e-cigarette firm Relx technology picks Citigroup for planned IPO in the US

OVERSEAS:

1. Resilient European tech startups near record $41 billion investment, report

2. SpaceX’s Starship prototype explodes on landing after test launch

3. Tesla launches second $5 billion share sale in three months

4. AWS announces SageMaker Clarify to help reduce bias in machine learning models

5. SoftBank Vision Fund turns $680 million DoorDash investment into $11.5 billion based on Wednesday’s opening price

6. Yandex robots start to deliver restaurant meals in central Moscow

7. C3.ai, AI Softwarre Developer Looks To Raise As Much As $589M In IPO

8. Japan’s SoftBank leads $80m round in healthcare startup Pear Therapeutics

9. Kaszek, QED Back Crypto Platform Bitso In $62M Series B Round

10. Isreal-based Firebolt Enters Data Warehousing Market With $37M

11. Firebolt raises $37M to take on Snowflake, Amazon and Google with a new approach to data warehousing

12. Centivo Secures $34M Series B To Scale Self-funded Employer Health Plan

13. CodeSignal Snaps Up $25M Series B For Hiring Platform

14. GetAccept Dives Into Sales Enablement Platform Following $20M Series B

15. Potloc raises CA$20M for consumer surveys

16. Sequoia-backed Sunday Tends DIY Lawn Care Business With $19M Series B

17. Enterprise learning platform WorkRamp lands $17M Series B

18. Modal Raises $15M Series A To Rev Up The Online Car-Buying Experience

19. Arthur.ai snags $15M Series A to grow machine learning monitoring tool

20. Synctera Raises $12.4M Seed For Financial Services Matching Platform

21. Space manufacturing startup Varda, incubated at Founders Fund, emerges with $9 million in funding

22. Israeli martech startup Exceed.ai banks $4m in seed money

Image Credits: DealStreetAsia