Chinaccelerator Daily Digest 2019/8/9

Overseas:

1. A.Capital Partners, founded by Ronny Conway, targets $140 million for its third fund

2. Google launches ‘Live View’ AR walking directions for Google Maps

3. The UK’s National Health Service is launching an AI lab

4. Fintech startup ScaleFactor raises Third Round ($60M) in 13 months after 700% ARR growth in 2018

5. South Korea’s first fintech unicorn Toss raises US$64M for expansion

6. Cybersecurity and compliance startup Securiti.ai emerges from stealth with $31 million

7. WSC Sports raises $23 million to turn sports broadcasts into highlight reels with AI

8. Developer and supplier Broadcom acquires Symantec’s enterprise business for $10.7 billion

9. Global developer Animoca Brands buys Quidd for up to $8 million as it moves into blockchain collectibles

10. Gaming analytics platform Statespace picks up $2.5M

11. Glow raises $2.3M to help podcasters make money

12. Project management software Beynd gets $2M seed to improve customer experience with better onboarding

13. Voxel51 raises $2 million for its video-native identification of people, cars and more

 

China:

1. China’s exports grew at 3.3% in July, the highest rate since March

2. Tencent reported that E-commerce trading volume on WeChat mini-programs has increased by 27 times since last year

3. China’s JD.com 京东 leads $142m investment in elevator-ad firm Xinchao Media

4. Soyoung 新氧科技, micro plastic surgery platform, to launch a facial recognition and authentification system to combat counterfeit products

5. Beijing Biocytogen 百奥赛图, a CRO medical research company, received a 543M RMB D funding round

6. 2boss 兔博士, second-hand house selling platform, completed US$10M in Series B

 

Cross-Border:

1. US investment firm Tiger Global to lead $30m funding in Indian tutoring startup Vedantu

2. Singapore-based Grab cooperates with Vietnam’s budget airline VietJet to provide “super express” air delivery

 

Emerging Market:

1. Indonesia’s SME-focused SaaS tech startup Mekari bags Series A funding from East Ventures

Image Credits: Toss

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