Chinaccelerator Daily Digest 2019/12/18

CHINA:

1. China’s DT Capital Partners raises $285M for latest RMB fund

2. China’s VIA Capital gathers $100m for debut fund, to back high-tech startups

3. Huawei VR glasses on sale tomorrow, industry optimistic about pan-entertainment applications

4. Tencent starts live-streaming service, targets USD1.4 Billion in e-commerce sales

5. Tencent boosts its stake in discount retailer Vipshop to 9.6%

6. Tencent Video, iQiyi 爱奇艺 blasted on Weibo for levying extra fees on VIP members

7. SoftBank-backed Guazi 瓜子 pledges profits in Q4 as China pushes used car sales

8. Chinese low-code development platform ClickPaaS completes $10M Series A and A+

9. AR firm Nreal seeks to dismiss US-based Magic Leap lawsuit

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MOBILE-ONLY MARKETS:

1. Indian B2B food tech startup HungerBox raises $12M from Paytm and others

2. Indian education startup Byju’s turns profitable

CROSS-BORDER:

1. DiDi partners with NVIDIA for autonomous driving and cloud computing

2. Temasek-backed video streaming service Viu quits India market

3. Russia’s Alrosa opens WeChat mini app to sell blockchain-tracked diamonds

OVERSEAS:

1. The top mobile apps and games of 2019: Facebook and Whatsapp takes the lead

2. Domio raises $100M in equity and debt to take on Airbnb and hotels with its curated apartments

3. Gloat raises $25 million to provide employees with professional development

4. LogicGate raises $24.75 million to help automate corporate governance, risk, and compliance processes

5. Hugging Face raises $15 million to build open source community for cutting-edge conversational AI

6. Automated web app testing startup ProdPerfect raises $13 million to automate web app quality assurance testing

7. Skyryse raises $13 million to launch an autonomous helicopter platform

8. Teraki, startup developing a platform that accelerates computing on resource-constrained devices, raises $11 million

9. Voximplant raises $10 million to automate call campaigns with AI

10. Operations procedure startup Scottsdale’s Trainual lands $6.75M Series A 

11. San Diego’s Trust & Will raises $6 million for online estate planning

12. Pepper, founded by five Snap alums, has raised $5.6 million to help startups analyze their spend

13. Oto raises $5.3 million to improve speech recognition with intonation data

14. Satori Cyber raises $5.25M to help businesses protect their data flows

15. Crowdfunding platform WeFunder gets $5.1M to be the ‘Kickstarter For Investing’

16. Ryff raises $5 million for virtual product placements

17. Rebank raises $2.8M to build a better banking experience for high-growth companies

18. Resemble AI, voice synthesis platform and deepfake detection tool startup, raises $2 million in seed funding

19. Singapore’s plastic-free home goods brand Bambooloo raises seed funding

Image Credits: pandaily