1. Sierra Ventures Closes $215 Million For Oversubscribed Twelfth Fund

2. WeWork CEO Adam Neumann has reportedly cashed out of over $700 million ahead of its IPO

3. Lexion raises $4.2M to bring AI to contract management

4. Cloud software company Medallia soars more than 75% in market debut as investors flock to another cloud software IPO

5. Collaboration app Notion Labs hits $800 million valuation in new funding

6. DeepMind’s AI learns to generate realistic videos by watching YouTube clips



1. China opens up finance sector to more foreign investment

2. Most companies surge on first day of trade on China’s Nasdaq-style venue, SSE Star Index 50 科创板

3. China court recognizes Bitcoin as virtual property

4. Kaishustory 凯叔讲故事, educational content app for children, receiving US$50M C founding round

5. Jiangxinggai 江行智能, edge computing technology and service provider, announcing the completion of 30M RMB A round funding

6. 4Kmiles 深圳四千里数据科技有限公司, Chinese cross-border e-commerce service provider, to receive 6-digit angel investment



1. Eurasian powers seek African influence via development summits

2. Bytedance to set up data centres in India, in line with government efforts towards data localisation

3. SoftBank Group raises $270 million via Seoul unit for early stage startup investments

4. Los Angeles fund Fifth Wall says it will channel some capital from its new property fund into Asian start-ups

5. After Baidu tie-up, BMW taps Tencent for autonomous driving in China

6. Japan’s Mitsui invests $14m in Indian electric mobility service firm SmartE


Emerging Market:

1. India’s Oyo valued at $10B after founder purchases $2B in shares

2. B2B packaging marketplace Bizongo set to raise $15m from B Capital, IFC, others 

3. SG startup files complaint against Deliveroo, Grab for anti-competitive behaviour

4. soCash raises US$6M Series B to convert retail shops into virtual ATMs

5. VertoFX raises $2M for its African and EM currency trading platform

6. On-demand work platform GoGet bags $24k in fintech challenge


Image Credits: ShanghaiEye

Start typing and press Enter to search