Overseas:
1. VC fund Cleo Capital Raises $3.5 Million to boost women decision makers in VC
2. VMware acquires security start-up Intrinsic in ongoing cloud push
3. On-demand delivery service company DoorDash acquires autonomous driving startup Scotty Labs
4. Open-source software H2O.ai secures $72.5M Series D to empower businesses to take on ‘Big Tech’
5. Zendrive raises $37 million to encourage good driving behaviors with AI
6. Customer data platform Simon Data raises $30M Series C for marketing analysis
7. Reputation.com raises $30 million to help businesses manage their online presence
8. Unified analytics platform Databricks launches AutoML Toolkit for model building and deployment
9. SpotQA picks up $3.25M seed funding for its automated software testing
10. Fresh out of Y Combinator, communication software Tandem raises $7.5 millions seed financing
11. US holding company IAC acquires nursing marketplace NurseFly for $15M
12. Cloud infrastructure provider DigitalOcean launches managed MySQL and Redis database services
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China:
2. Xiaomi’s 小米 revenue reached 51.951 billion RMB in 2019 Q2; net profit reached 3.635 billion RMB
3. Bytedance denied developing new e-commerce app
4. meican.com 美餐, B2B catering platform, completed 8-digit RMB in strategic funding
Cross-Border:
1. Vulcan Capital, owned by late Microsoft co-founder, lands in Singapore with US$100M
2. LA-based gaming company, Scopely, expands in Spain and Ireland
Emerging Market:
1. Singaporean real-estate platform 99.co completes US$15.2M Series B funding round
2. Singapore’s vegan food review platform Abillionveg banks $2m in seed round led by 500 Startups
3. Indonesian fitness startup R Fitness nets $1.25m in pre-series A round
Image Credits: eater.com