Chinaccelerator Daily Digest 2020/05/12

CHINA:

1 Asia’s largest annual digital entertainment and gaming expo, ChinaJoy to be Held on Schedule in Shanghai in August

2 Chinese e-commerce food platform Lehe Food 乐禾食品 snags $56m in Series C round

3 Ecommerce services provider Dawa technology 大娃科技 raises $17m

4 Vocational training platform “1 + X educatio” 1+X 教育raises $5 million in angel round, will develop e-commerce education and training products

5 Visual perception AIOT chip provider Aivatech 埃瓦科技 raises $1.4m in Series Pre-A

6 Chinese fintech-driven SaaS provider Linkage Software 凌志软件 lists at premium on STAR Market

7 Children-aimed gamification education platform Onemomentgames.com 一刻馆 completed a new round of fundraising

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MOBILE-ONLY MARKETS:

1 Indian tech-enabled logistics aggregator Shiprocket raises $13m from Bertelsmann India, Tribe Capital, others

2 SE Asia SME financing platform Validus raises $6m in Series B extension round

3 Vietnam-based online recruitment startup JobHopin raises over $2m in Series A funding

4 SE Asian esports startups Resurgence, Jusodo close to sealing rounds

CROSS-BORDER:

1 Spotify signs deal with Saregama to add more than 100,000 tracks to India catalog

2 Egyptian minibus share startup Swvl to debut in Southeast Asia

3 Conversational intelligence platformArtificial Solutions plans to enter the Chinese market

4 WeWork directors seek to preserve right to sue owner SoftBank

5 Malaysia’s Axiata secures $800m in Islamic financing for sustainability initiatives

6 Taiwan Live streaming platform M17 raises $26.5m in Series D round led by Vertex Growth

7 Indian digital micro-finance company Sindhuja Microcredit snags $8.7m from NMI, Carpediem Capital

OVERSEAS:

1 White House reportedly in talks with Intel, TSMC to build advanced chip foundries in the US

2 Logitech sales rise nearly 14% on higher demand amid work from home activity

3 Amazon releases Kendra to solve enterprise search with AI and machine learning

4 Twitter to add labels and warning messages to disputed and misleading COVID-19 info

5 Fiat Chrysler and AV startup Voyage partner on self-driving minivans

6 South Korean Grocery Delivery Startup Market Kurly Reportedly Takes $160M In Series E

7 Australia’s neobank Judo Bank Closes On $147M Series C For SME Loans

8 Modern relational data management system MemSQL Inks $50M Debt Facility For International Expansion

9 Clyde raises $14 million Series A to help e-commerce businesses offer extended warranty plans

10 Briq Aims To Bring Fintech To Construction Industry With $10M Series A

11 Converting Leads Into Meetings With AI: Austin Kronologic Closes On $3.5M Seed

12 Vochi, the ‘computer vision’-based video editing and effects app, raises $1.5M seed

Image Credits: TechCrunch