China:
1. China creates $29b state-backed fund to invest in semiconductor industry
2. Chinese tech news site 36Kr sets terms for $63m US IPO
3. Kuaishou launches curated short video app Taizan
4. Chinese crypto mining rig maker Canaan files for $400 million US IPO
5. HK-listed mobile live streaming service Inke 积木映客 pays $85m to acquire Jimu 积木
6. China’s Danke Apartment 蛋壳公寓 files for New York IPO after $190m Series D
7. Oncology supportive care Ankuo Medical 岸阔医药 has raised 15M yuan in Series A round
8. Focused on physical education at home, Niu Niu 牛牛成长 received tens of millions RMB in Pre-A round
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Mobile-only Markets:
1. Vertex Ventures targets its next 500 million internet users from India
2. Twiga Foods lands over $30M – Nairobi’s largest known financing round of the year
3. Indonesian micro-warehousing startup Crewdible bags $1.5m in Global Founders-led round
4. Indonesia’s SaaS startup Paper.id secures series A money from Golden Gate Ventures, Modalku
5. India: Ola in talks to raise $200m from tech giant Microsoft
Cross-Border:
1. Tencent leads $111M investment in India’s video streaming service MX Player
4. Global e-commerce giant Amazon invests $631m in its Indian business units
Overseas:
1. KKR raises over $2b to acquire fast-growing tech firms
2. Jungle Ventures closes third fund at $240m
3. Google begins to remove Flash from search as Flash’s slow death continues
4. Amazon researchers reduce data required for AI transfer learning
5. Waymo begins offering robot-taxi trips sans safety driver in Phoenix
6. Samsung’s Bixby Views lets developers make voice apps with visuals
7. LA-based gaming studio Scopely raises $200M at a $1.7B valuation; becomes Amercia’s new unicorn
8. Tiqets, a platform for booking museums and other attractions, raises $60M led by Airbnb
9. Datameer raises $40 million for data set prep and analysis tools
10. Blade raises $33 million for its cloud gaming service Shadow
11. Fountain, a platform for recruiting gig and hourly workers, raises $23M to double down on automation
12. Twistle raises $16 million to automate patient engagement
13. WeFarm rakes in $13M to grow its marketplace and network for independent farmers
14. Become scores $12.5M Series A for its business lending marketplace
15. Sana Benefits gets $6.3 million to disrupt ‘Stone Age’ health care insurance industry
16. Fireflies raises $5 million for its AI assistant for meetings
17. Live music marketplace Muso raises $1m to simplify gig booking
18. Webiny announces $347K seed to build open-source serverless CMS
Image Credits: technode