Venture Capital

The company has entered into collaborations with several electric car manufacturers including Nio, Enovate, and Aiways.

Ningde Zhixiang was established in 2016 with a total investment of USD 141.6 million from the three companies.

ACT will also work with government organizations.

Neat, a fintech startup from Hong Kong that provides financial services to small businesses, said it has raised USD 11 million in a Series A round.

KrASIA collects the manifold efforts to ease the pain in the startup ecosystem.

The special committee of WeWork‘s board said it is suing SoftBank after the investment giant withdrew its USD 3 billion tender offer.

The firm counts Xiaomi, SF, and Alibaba among its over 8000 clients.

It’s a really bad time for funds that made investments in 2015 and 2016, as they are entering what was meant to be their harvest.