Chinaccelerator Daily Digest 5/27/2019

Overseas:

1. Robo-Taxi Industry Could Be Worth $2 Trillion by 2030, UBS Says

2. Apple bought digital health startup Tueo Health that worked on monitoring asthma in children using a mobile app

3. Musk’s SpaceX raised over $1 billion in six months as it aims to roll out an ambitious high-speed internet service

4. Financial Services Company Robinhood Is Set to Raise at Least $200 Million in New Funding, with a Valuation over $7 Billion

5. Livekick raises $3M to use live video for one-on-one fitness training

 

China:

1. Beijing publishes AI ethical standards with its 15-point principles, calls for international cooperation

2. Panacea Venture hits final close of oversubscribed healthcare fund at $180.5m

3. China’s largest chipmaker Semiconductor Manufacturing International Corp is delisting from the NYSE

4. Huawei seeks $1b in first big funding test after US blacklist

5. SenseTime ramps up AI commercialization, hoping to apply its technologies in different sectors for people to get the real experience of it

6. Chinese O2O English language training provider Meten International 美腾国际 has filed to raise $100m in an IPO in the US

7. Chinese innovative drugs developer Allist Pharmaceuticals raises $171m from Series A led by Shiyu Capital 拾玉资本

8. Agricultural knowledge marketing short video platform Bee TV 蜜蜂TV has raised nearly 10 million yuan of strategic financing

 

Cross-border:

1. Chinese VC firm ZWC Ventures to pour US$150M fund to Southeast Asia and China

2. WeWork lands in Bangkok, Thailand marking Southeast Asia expansion

 

Blockchain:

– Facebook Plans to Launch ‘GlobalCoin’ Next Year

 

Emerging Market:

1. Mobile payments and rewards platform Fave acquihires CutQ and FoodTime two restaurant focused startups

2. Nigeria’s Gokada raises $5.3M round for its motorcycle ride-hail biz

3. AI-powered data labeling startup Datasaur secures seed funding

4. Kedai Sayur, a startup that brings technology to vegetable hawkers in Indonesia, bags $1.3m in seed round led by East Ventures

 

Image credit: Coingape

Start typing and press Enter to search