CHINA:
1. Matrix Partners China closes new VC fund at $750m
2. NetEase shares jump over 8% at the open on their first day of trading in Hong Kong
3. Tencent is pushing the merger of Doyu and Huya (rumor)
4. Tencent-backed healthtech WeDoctor plans USD 900 million Hong Kong IPO
5. On-demand tea company Naixuecha scores USD 100 million in investment
6. Chinese community group buying firm Tongcheng Life 同程生活 nets $200m in Series C round
7. IoT chip firm Xinyi bags USD 28.3 million in Series A+ round
8. Automotive parts supplier Mancando 三头六臂 raises USD 57 million in Series B round
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MOBILE-ONLY MARKETS:
1. Aavishkaar Capital raising $150m impact fund for Southeast Asia
2. 5-month-old Indonesian startup Ula raises $10.5 million for its wholesale e-commerce marketplace
4. Singapore venture debt firm Genesis Alternative Ventures raises investment from global fund Capria
5. Singapore-based Fintech startup Wallex raises series A funding from BAce Capital, others
6. Vietnamese proptech startup Propzy banks $25m from SoftBank, others
CROSS-BORDER:
1. Spin scooters head to Europe, starting with Germany
2. SoftBank’s Arm says China joint venture replaces CEO
OVERSEAS:
1. U.S. lawmakers propose $22.8 billion in aid to semiconductor industry
2. Amazon pauses police use of its facial recognition tech for a year
3. Tesla to start volume production of Semi trucks
5. NS8, A Profitable Startup That Just Raised A $123M Series A For Online Fraud Prevention
6. Cue Health raises $100 million to speed development of rapid, portable COVID-19 diagnostics
7. Insurance data analytics platform Planck raises $16 million Series B
8. EnsoData Raises $9M To Diagnose Health Conditions With AI
9. Flatfile scores $7.6M seed investment to simplify data onboarding
10. Local services marketplace Zehitomo nets $7.5m in series B round
11. S Korean radar tech startup Bitsensing raises $5.8m in pre-Series A round
12. Vendr raises $4M from David Sacks’s Craft Ventures to reduce SaaS bills
13. Direct-to-consumer startup studio Innovation Department raises $3.7M
14. Enterprise payments solution Innoviti Payment raises Series C funding from FMO, Bessemer Venture
Image Credits: CNBC