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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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

3. Indonesian smart motorcycle storage startup Soul Parking raises seed funding co-led by AC Ventures, Agaeti

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



1. Spin scooters head to Europe, starting with Germany

2. SoftBank’s Arm says China joint venture replaces CEO

3. Japanese virtual idol Hatsune Miku joins Taobao as a livestreaming ambassador for upcoming 618 festival

4. Struggling Chinese electric carmaker Nio seeks US$344 million through sale of new American depositary shares



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

4. Grubhub to merge with European food delivery company Just Eat following failed Uber talks

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

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