Chinaccelerator Daily Digest 2019/7/25

Overseas:

1. Canada invests C$85 million in satellite company to narrow broadband gap for remote areas

2. SMB payroll startup Gusto raises $200M Series D, plans R&D expansion to NYC

3. With $160 million in new funding, Freenome looks to commercialize its blood test to detect colorectal cancer

4. Post $60M Series C round, TravelPerk launches flexible refunds to help businesses save on cancelled trips

5. Tile raises $45 million to track wallets, keys, and bags with Bluetooth

6. Benchling’s software for managing biotech research nabs $34.5 million

7. Spectral MD raises $27 million for its AI-powered wound imaging system

8. Drip Capital raises $25M to help exporters access working capital and expand global reach

9. Balena raises $14.4 million to simplify IoT device management

10. Sales professionals get a bad rap — Bravado wants to change that with $12M funding

11. Replicant raises $7 million for bots that answer customer questions over the phone

12. LIV, a startup making VR gaming more interactive for audiences, raises $1M from Oculus founder and Seedcamp

13. Revolut tweaks business accounts with new pricing structure, cheaper to get started

China:

1. China and US Negotiators to resume face-to-face trade talks next week in Shanghai

2. WeChat launching new function enabling payments on airplanes

3. Tencent Nintendo to launch in Mainland China on the second of August

4. Baidu 百度 releasing new CRM tool, 爱番番, focused on helping advertisers 

5. Ximalaya.com 喜马拉雅, audio sharing platform, to IPO next year 

6. Dingdong Maicai 叮咚买菜, fresh food online-retail platform, announcing completion of both B4 and B5 funding round

1. World’s Largest AI Startup SenseTime to Open Abu Dhabi Hub

2. Salesforce Enters China Amid Trade War, With Alibaba’s Help

3. Uber and Sun Mobilty come together to deploy e-three wheeler in India

4. Uber Freight launches in Germany, taking on local competition to grab share of $500B European trucking market

5. Nutanix, US cloud computing company, teaming up with Digital China 神州数码, IT services provider, to tap into the Cloud market

Emerging Market:

1. Insead report: Singapore falls 3 spots in innovation index but maintains regional lead

2. Ernst & Young, Open Banking Nigeria to develop standard API for country’s fintech sector

3. Indonesian state lender BNI to set aside up to $50m for VC arm, invest in mobile payment platform LinkAja

4. UK’s CDC Group invests $30m in Myanmar’s telco firm Frontiir, first direct equity investment in Myanmar

5. PlayShifu raises $7 million to build educational AR experiences for children

6. Pomona nabs US$3M to help brands improve consumer engagement, sales in Indonesia

7. Beenext leads $1.82m funding in Indonesian influencer commerce platform RAENA

8. Thai digital payment startup Omise secures funding from Japan’s Nomura

9. Dataplor raises $2M to digitize small businesses in Latin America

10. Malaysian healthtech firm Naluri bags $1.5m in pre-series A round

11. QMATCH from Chile lands US$500,000 seed round, using machine learning to provide market intelligence for e-Commerce

Image Credits: GamerSky.com