China:
1. Asia set to eclipse US as world’s venture capital powerhouse
2. China tops world in unicorns as Ant Financial, ByteDance, Didi Chuxing lead US$1.7 trillion market
3. Vertex Ventures China closes its largest USD fund at $566m
4. China’s flower-focused e-commerce platform Flowerplus raises USD 5 million in Series B1 round
5. Chinese chipmaker UNISOC plans to raise $706m ahead of IPO
6. Invoice management platform Yi Kuai Bao 易快报 raised $50 million in Series C and C+ round
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Mobile-only Market:
2. Vietnam’s VinaCapital reveals $626m private equity pipeline
3. YouTube India claims 60% of its users come from smaller towns
4. Sequoia-backed B2B marketplace for custom manufacturing Zetwerk in talks to raise $35m
Cross-Border:
2. Singapore-based e-commerce startup ShopBack gears up for Vietnamese market
Overseas:
1. Sydney’s AirTree Ventures closes $275M fund as Aussie unicorns gather pace
2. TikTok removes two dozen accounts used for ISIS propaganda
3. Microsoft’s AI rewrites sentences based on context
4. YouTube founder secretly building sports fan game GreenPark
5. Netflix to raise $2 billion in debt to fund more content spending
7. Commercetools raises $145M from Insight for Shopify-style e-commerce APIs for large enterprises
8. MediView XR raises $4.5 million to give surgeons X-ray vision with AR
9. Shine Bathroom raises $750K for a smart home add-on that flushes away your toilet doldrums
10. Tobii’s eye-tracking I-Series has a second screen for face-to-face communication
Image Credits: crunchbase