Overseas:
1. Deep Tech venture capital firm DCVC Nets US$725M for oversubscribed Fund V
2. Washington DC-based Revolution Ventures closes on US$215M for ‘oversubscribed’ third fund
3. San Diego-based self-driving startup TuSimple raises US$120M in extended Series D
4. PlayVS picks up US$50M Series C to build out high school esports
5. On-demand plant food startup Simple Feast raises $33M B round to push its climate credentials
7. San Francisco-based Indus.ai raises US$8M for construction site management AI
8. Lunchclub raises US$4M from a16z for its AI warm intro service
9. XY Gaming raises $2.5 million for its global esports tournament platform
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China:
1. Over 1/3 China internet users don’t have insurance, according to Tencent survey
3. Alibaba mapping unit AutoNavi offers self-guided audio tour amid expansion spree
4. Tencent to open-source its IoT operating system TencentOS tiny
5. China’s iconic limousine brand Hongqi红旗 taps into ride-hailing sector
6. Taobao 淘宝 implements hot topic live ranking to boost sales
8. 天瞳威视CalmCar, smart driving system provider, received 8-digit RMB investment in Series A2
9. Minospace 微纳星空, satellite development service provider, raised 7-digit RMB in Series A+
Cross-Border:
1. South Korea’s KB Investment eyes US$100M joint Southeast Asia fund with Indonesia’s MDI Ventures
3. Hong Kong-based AIA Group invests in Indonesian ride-hailing startup Gojek
Emerging Market:
1. India bans e-cigarettes citing youth health concerns
2. Temasek’s Vertex closes record US$420M South-east Asian fund
3. Ovo is current e-wallet leader in Indonesia, according to central bank data
4. Indonesia-focused Indies Capital hits final close for tech fund at over US$70M
5. Indonesia’s Julo raises US$10M to expand its P2P lending platform
6. Brazilian home goods retailer MadeiraMadeira received US$110M in new funding round
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