CHINA:
1.Chinese VCs made 200 deals worth $5.27B in June 2020.
2.E-commerce platform Pinduoduo founder Huang Zheng resigns as the CEO
6.Remote collaboration SaaS company Oray 贝锐科技 raised 7-digit USD
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MOBILE-ONLY MARKETS:
1. Indian edtech firm Flinto raises $7.2m in pre-Series B round led by Lightbox Ventures
2.Robotics startup Botsync raises seed funding to automate supply chains
3 Qualee raises $1M to offer customisable employee on-boarding solution for businesses
4 Wavemaker backs industrial tech startup Ackcio in pre-series A round
CROSS-BORDER:
1. Sophia Bendz is leaving Atomico to join Berlin-based seed firm Cherry Ventures
2. Spotify expands Premium Duo subscription tier aimed at couples to U.S., India, dozens of other markets
3 Facebook launches ‘Avatars’ in India, its Bitmoji competitor
OVERSEAS:
1. Apple races to push ahead with 5G iPhone mass production to offset coronavirus disruption
2.Google brings its AI-powered SmartReply feature to YouTube
3.Google Photos to stop auto-backup of media files from WhatsApp, Facebook and other apps
4.Tesla speeds past Toyota to become world’s top automaker by value
5.Daimler-backed Momenta says robotaxis will be fully driverless and profitable by 2024
6.Eduardo Saverin’s B Capital hits final close of US$820M Fund II
7.Multi-cloud service FaunaDB closes $27M Series A, welcomes new leadership
8. Curv Banks On $23M Series A To Accelerate Digital Asset Adoption
9.Online supermarket Jüsto receives $12M Pre-Series A Round to expand internationally
10.Vendia raises $5.1M for its multi-cloud serverless platform
11. AI company Intento raises $3M seed round to scale AI transformations
12.Austin’s Riders share lands $2M Series A
Image Credits: Nikkei Asian Review