Nov 25 – Chinaccelerator Daily Digest: Five Headlines you need to know 


1. SOSV names 10 startups chosen for its latest cross-border internet program. Notable breakthrough technologies include speech recognition that far exceeds Google’s capabilities, crypto custody for banks, food security for Africa, virtual influencers for celebrities to enter the metaverse, and an NFT marketplace for sound. Tech in Asia

2. Eye drug maker Neurophth snags $63m in financing round co-led by Sequoia China to provide gene therapies for blindness and eye diseases. DealStreetAsia

3. Brain-Machine Interface startup NeuraMatrix raises 100 million yuan to develop an implantable brain-computer interface that will be physically placed within the brain. Pandaily

4. Smart AR glasses brand INMO raises several million yuan led by Matrix Partners. Pandaily

5. Beijing had summoned and criticised the cloud computing units of tech giants Alibaba and Baidu for allowing access to fraudulent websites amid campaign to clean up the internet. SCMP

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