Chinaccelerator Daily Digest Nov 2, 2021

Nov 2 – Chinaccelerator Daily Digest: Five Headlines you need to know 

1. VOMMA, which owns cosmetic contact lense brand Moody, raises $155m Series C co-led by KKR, 5Y Capital. DealStreetAsia

2. GIC, Sequoia, Primavera to pour over $1b into Chinese greentech firm Envision Group to mobilize capital investors for building a net-zero economy. Tech in Asia

3. Tencent invests in Japanese publishing giant Kadokawa to focus on animation and games. Kadokawa is behind the novels adapted from anime movies such as “Weathering With You” and “Your Name,” and has the copyright of works such as “Sword Art Online.” Pandaily

4. China proposes a rating system for internet platforms. The proposed rating system follows numerous penalties this year for offenses ranging from monopolistic practices to data breaches. Technode

5. Geely will mass produce its first smart cockpit chip next year. China Money Network