Chinaccelerator Daily Digest 2019/10/17

China:

1. Almost 90% of Chinese workers trust a robot more than their human managers, survey finds

2. China to increase research-based tax breaks for core manufacturing sectors

3. Alibaba’s Youku Partners with BBC Studios to Enhance Children’s Content

4. Huawei HiSilicon to Sell 4G Communication Chip Balong 711

5. Chinese Talk Show Producer Logicreation 逻辑思维 Eyes IPO on Shanghai’s Star Market

6. Qutoutiao’s 趣头条 online reading platform Midu 米读 raises $100 million in Series B

7. Shanghai-based Xiaopangxiong 小胖熊, an e-commerce platform hosting home decoration materials, raises USD 18.3 million in Series B

 

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Emerging Market:

1. Indian online used car marketplace Cars24 raises $100m in Series D

2. Indian security startup MyGate bags $56M from Tencent, Tiger Global and others

3. Indonesian healthtech platform Alodokter raises US$33M in Series C funding

4. Enterprise drones startup Aerodyne raises US$30M; claims to have inspected over 250K assets in 25 countries

5. Philippines-based HR startup Sprout raises US$6M from American billionaire Steve Cohen’s Venture Fund

6. India’s water management startup WEGoT raises $2m in seed funding

7. Indian online classifieds startup Quikr’s valuation jumps to $1.5b

8. Indian personal hair care brand Bare Anatomy raises $500,000 from Sauce.vc

9. Alternate education firm SOAL raises $300,000 from Astarc Ventures

10. Indian legal tech startup Legalkart raises seed capital from angel investors

 

Cross-Border:

1. China’s Didi Chuxing preparing to launch in Costa Rica

 

Overseas:

1. Singapore’s Insignia Ventures Partners closes second fund with $200m

2. SoftBank may invest $5b to rescue WeWork, source says

3. Edge computing startup Pensando comes out of stealth mode with a total of $278 million in funding

4. Pensando Systems raises $145 million for custom hardware that processes data at the edge

5. Quantemplate raises over $12 million for machine learning insurance and reinsurance data solutions

6. Realtime Robotics scores $11.7M Series A to help robots avoid collisions

7. Pakistan’s online pharmacy Dawaai raising $5m Series A from 500 Startups, others

8. Evervault raises $3.2M from Sequoia, Kleiner for an API to build apps with privacy baked in

9. Autify raises $2.5M seed round for its no-code software testing platform

10. Atomontage raises $1.95 million for microvoxel-based 3D graphics

11. Canva, now valued at $3.2 billion, launches an enterprise product

12. Hawkeye lets you do eye-tracking tests on latest iPhones and iPads

13. Zoho launches Catalyst, a new developer platform with a focus on microservices

14. Innoventions wins patent on skin-based virtual touchpad for wearables

15. Singapore’s 3D printing startup Structo raises funding; to develop digital additive manufacturing solutions for dental industry

16. Singapore-based Zilingo launches “SheWorkz” program to empower underserved women

Image Credits: KrAsia

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