Overseas:
1. Bain Capital is raising a $1 billion tech fund for buyouts and late-stage investments
2. Texas HealthTech Gets Boost As Santè Ventures Raises $250M For Fund III
3. VC fund Maveron has closed on another $180 million to invest in early-stage consumer startups
4. Stripe and Precursor Ventures are co-leading $4.5M seed into media CRM startup Pico
5. Online lender SoFi has quietly raised $500 million in funding, led by Qatar
6. Palo Alto Networks to acquire container security startup Twistlock for $410M
7. Cybersecurity company CrowdStrike sets terms for $378M Nasdaq IPO
8. Logz.io lands $52M to keep growing open source-based logging tools
9. Digital therapy startup Talkspace picks up $50 million Series D
11. San Diego’s eSub raises $12 million for its construction management software
12. Roger, the accounting automation tool, raises $7.35M Series A
China:
2. Xiaomi’s global investment amount reached RMB 5.8 billion in 2018
3. Tencent and Roblox announce game partnership, the jointly owned company will be based in Shenzhen
5. Chinese biopharmaceutial company Alphamab Oncology raises $60m in Series B financing
6. E-commerce platform DoNew 斗牛 raised nearly 10 million from Series A fundraising
Cross-border:
1. Toyota may invest about $550 million in China ride-hailing firm Didi: Nikkei
2. DHL brings Africa eShop to 20 countries in a competitive nod to e-commerce platform Jumia
Mobile:
1. UK’s first 5G network taster goes live in six cities tomorrow
3. Samsung aims to double its online smartphone sales in India this year to $1b
Blockchain:
– Salesforce Joins Blockchain Bandwagon With New Ledger Tool
Emerging Market:
1. Singapore-based VC firm EV Growth raises US$200M first fund, exceeding initial target
2. Under-the-radar payments app True Balance just clocked $100M in GMV in India
3. Equalum grabs $18M Series B to help companies ingest data faster
4. Agritech startup TaniGroup raises $10M to help Indonesia’s farmers grow
5. Singapore-based fintech social enterprise Salutat announced that it has closed seed round
Image credit: World Times News