Chinaccelerator Daily Digest 2020/04/07

CHINA:

1.China startup funding jumps seven-fold in March on back of megadeals

2 Chinese healthcare investor Sunland Fund 山蓝资本 raises new vehicle to continue its focus on biotech, innovative drug production

3 China AI speech interaction unicorn AISpeech 思必驰 raises $58M in Series E

4 China loT solutions developer QST 自矽睿 raises $49m in Series B+ round

5 China charging stations operator Zhangfei Chuxing 张飞出行 to raise $28m

6 China commercial workspace decor service inDeco 领筑智造 raises $20m

7 China AI-based Logistics escrow platform, Ktu56.com 快兔物流 raises $14M in Series B

8 Consumer tech company yufukaka 渔夫卡包 raises $2M in Pre-A Series

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MOBILE-ONLY MARKETS:

1 Edtech startup Zenius and Gojek partner to provide free learning materials for Indonesian students

2 Indian food delivery startup Swiggy raises $43m in fresh funding

3 Agritech startup DeHaat raises $12M to reach more farmers in India

4 Singapore’s RaRa Delivery raises over US$800K in seed funding from 500 Startups

CROSS-BORDER:

1 Singapore Lifetracks Medical Systems partners Philippines government to identity COVID-19 patients

2 US chipmaking industry pushes back on proposed changes affecting semiconductor exports to China

3 Amazon Struggles in India as Lockdown Sows Confusion

4 Uber partners with Flipkart and BigBasket in India to deliver essential items

5 Grab suspends GrabHitch rides in Singapore from April 7 because of COVID-19

6 Voyager secures $120m investment commitment for e-wallet service from Tencent, KKR and others

7 MENA agribusiness Pure Harvest bags $100m commitment from Kuwait’s Wafra

OVERSEAS:

1 The US is formalizing Team Telecom rules to restrict foreign ownership of internet and telecom assets

2 Finland’s Slush cancels November startup event due coronavirus

3 Facebook starts prompting US users to fill out a COVID-19 survey to help track the virus

4 Airbnb secures $1b investment from Silver Lake, Sixth Street to stockpile cash in pandemic

5 National Geographic launches a homeschool hub for parents and teachers, NatGeo@Home

6 Quibi launches its mobile streaming service in the middle of the quarantine era

7 Marketing tech company BounceX cuts staff, reduces salaries in wake of COVID-19 economic disruptions

8 Space startup Swarm gets all the approvals it needs to begin operating its satellite connectivity service in the US

9 ASX-listed Citadel acquires UK healthcare tech firm Wellbeing for $126m

10 Privitar raises $80 million to let companies use big data without compromising privacy

11 As demand for mental health services soars, SonderMind raises $27 million to expand its services

12 Myriota raises $19.3 million to expand its IoT satellite constellation

13 Open banking fintech Yapily raises $13M Series A

Image Credits: DealStreetAsia