Chinaccelerator Daily Digest 2019/6/26

Overseas:

1. In a world first, Facebook to give data on hate speech suspects to French courts

2. Apple reportedly acquires startup Drive.ai

3. Uber acquires computer vision model training startup Mighty AI to fuel its push into self-driving cars

4. MX Raises $100M For Financial Data Cleansing And Analytics For Banks

5. Showpad, a sales enablement platform for presentations and other collateral, raises $70M

6. Cameo raises $50M to deliver personalized messages from celebrities & influencers

7. Online used car marketplace Motorway picks up £11M in Series A

8. Wedding dress customizer Anomalie raises $13M as bridal stores crumble

9. Tundra, the zero-fee wholesale marketplace, picks up $12 million

10. Join raises $4M seed round to build a better construction planning platform

11. AI services startup Hypergiant brings on Bill Nye as an advisor

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China:

1. Shanghai Finishes 3,700 5G Base Stations, Plans 10,000 by Year’s End

2. Big data has contributed more than 20 percent of Guizhou’s economic growth

3. Chinese VC firm XVC seeks $265m for second venture fund

4. China Mobile announces 30 billion yuan 5G industry fund, already raised 7 billion

5. China Mobile reveals 5G+ Plan, to supply commercial 5G services to over 50 cities

6. Huawei, NetEase team up on 5G cloud-based gaming lab

7. Tencent funds arts education platform Meishubao 美术宝 40 million yuan C1 round

8. AI Marketing Startup Baiing Technology Lands USD14.5 Million Investment

Cross-Border:

1. India, Japan to jointly launch $187m fund-of-funds to support tech startups

2. Deutsche Telekom Capital Partners (DTCP) welcomes Korea’s SK Telecom and Germany’s Zeiss to $350M software service fund

3. Micron Says Some Huawei Shipments Resumed, Shares Rise

4. Grab expands to European market through investment and partnership with London-based startup Splyt Technologies

5. OYO to set aside $100m for hiring, boosting infrastructure in China

Emerging Market:

1. Fitness startup CureFit closes $120m funding round led by Chiratae, Accel

2. Tiger Global leads $30m funding for Indian neo-banking startup Open

3. Indonesia’s tech-enabled coffee chain Kopi Kenangan raises US$20M from Sequoia India

4. P2P lending platform KoinWorks raises US$16.5M in Series B funding round

Image credits: Reuters