Chinaccelerator Daily Digest 2020/03/23

CHINA:

1. Toyota teams up with self-driving startup Momenta to develop HD mapping tech in China

2. Weibo breach puts account info of over 500 million users on sale on dark web

3. PE firm CVC Capital Partners backs $1.3b bid for Chinese games developer Leyou 乐游

4. Tencent-backed Chinese online education platform Yuanfudao 猿辅导 near to close new fundraising at $7.5 billion valuation

5. AI medical startup Yizhun Intelligent 医准智能 secures USD 14 million in Series B round

6. Coding platform Xiaomawang 小码王 raised 150million USD in Pre-C.

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MOBILE-ONLY MARKETS:

1. Singapore launches contact tracing mobile app to track coronavirus infections

2. India launches WhatsApp chatbot to create awareness about coronavirus, asks social media services to curb spread of misinformation

3. Ola suspends shared ride option in India

4. India-based small business lender Veritas Finance lands $49m funding from Kedaara, Norwest, others

5. India-based College planning platform Univariety secures $1.1m

6. Indonesian social commerce startup Chilibeli secures $10m in series A round

7. Indonesia-based genomics-tech startup Nusantics raises seed funding led by East Ventures

8. Indonesia-based edutech startup Pahamify raises US$150K funding from Y Combinator

CROSS-BORDER:

1. Indian gaming startup WinZO ties up with Tencent to conduct PUBG Mobile tournament

OVERSEAS:

1. IBM and White House to deploy supercomputer power to fight coronavirus outbreak

2. Apple updated Siri to help people who ask if they have the coronavirus

3. YouTube and Netflix are cutting streaming quality in Europe due to coronavirus lockdowns

4. Amazon.com to stop shipping non-essentials to consumers in Italy and France

5. WeWork board’s special committee prepares for fight against Japan’s SoftBank

6. Voi, the European e-scooter rentals startup, ‘pauses’ operations in several countries

7. Lilium raises another $240M to design, test and and run an electric aircraft taxi service

8. Human insights tech startup UserTesting Raises $100M, Acquires Norway’s Teston 

9. Diligent Robotics raises $10 million for nurse assistant robot Moxi

10. Coterie raises $8.5M to build ‘commercial insurance as a service’

11. Self-Driving Truck Startup Starsky Robotics Shuts Down After Series B Falls Through

Image Credits: TechCrunch