Chinaccelerator Daily Digest 2019/7/11

Overseas:

1. YL Ventures, a specialist in Israeli cybersecurity startups, has closed its fourth fund with $120 million

2. ‘Alexa, how do I treat a migraine?’ Patients in the UK are using Amazon’s tech for aches and pains

3. Visa funds $40M for no-password crypto vault Anchorage

4. Remitly raises $220M to expand from money transfers to financial services, now at ~$1B valuation

5. Pipefy raises $45 million for process pipeline management software

6. Kyndi raises $20 million for explainable AI that analyzes documents

7. Dataform scores $2M to build an ‘operating system’ for data warehouses

 

China:

1. Alibaba’s Tmall 天猫 reporting that 300 brands have registered for its newly launched international investment website, Merchant.tmall.hk

2. JD.com 京东 to launch a ‘cultural heritage’ market channel, 非遗频道, featuring cultural products, in particular traditional craftmanship

3. Apple starts program in Shanghai to help Chinese developers create apps to build out services business in one of its most critical overseas markets

4. Honor 荣耀 to enter the television industry

5. Vipshop 唯品会, online discount e-commerce site, has acquired Shan Shan Commercial Group 杉杉集团, an outlet shopping mall operator, for RMB 290 million

6. Geek+ 极智嘉Geek, hightech logistics and warehousing firm, finishing C1 funding round, which is expected to exceed the pervious B funding round of  US$150M

 

Cross-Border:

1. Monaco has full 5G coverage using Huawei gear, first in Europe

2. Fintech in Latin America continues to draw big dollars as Softbank invests $231 million in Creditas

3. Samsung backs Indus OS and three other startups in first investments for its VC arm in India

4. Didi 滴滴 to launch an AI function in Japan and Australia, enabling drivers to take orders by voice control

5. Mommy blogging and community platform, theAsianparent.com raises “8-figure US dollars” in Series C to expand in Asia, Africa

6. Sequoia China co-leads $50m funding in Opera-founded startup OPay, African mobile payment service

7. Revolut opens tech hub in Berlin, to customize product for German market and rest of Europe

 

Emerging Market:

1. A91 Partners, a new VC fund from former Sequoia Capital India execs, closes $351M maiden fund to focus on startups in consumer, technology, financial services and healthcare

2. Binance Singapore partners with Vertex Ventures to set up fiat-to-crypto gateway

3. India’s edtech platform Byju’s raises $150 million to expand globally

4. Singapore’s logtech startup Ezyhaul closes US$16M Series B funding

5. VTC Pay joins hands with DOCOMO to boost Vietnam’s mobile commerce

6. Malaysia’s B2B marketplace Lapasar raises $500k, led by SG’s SeedPlus

7. Indonesia’s e-commerce unicorn Tokopedia said to close investment in agritech startup Sayurbox

 

Image credits: KrAsia

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