Centurium Capital, major investor behind Luckin Coffee, and Princeville Capital, once backer of Alibaba, Baidu, Xiaomi, and Facebook, led this round. NewsChinese AI chipmaker Iluvatar CoreX raises several hundred million RMB in Series B round1 min read
The event is organized in collaboration with Accenture and TheNextWeb. EventsHEINEKEN calls for applications for first HR tech-focused competition2 mins read
The startup was founded by one of Tencent’s angel investors. NewsChina’s AllinMD Orthopaedics Hospital raises USD 100 million from investors including Temasek and Tencent1 min read
Vertex Ventures Southeast Asia & India will commit investments to early-stage Series A technology companies. NewsSingapore’s Vertex Venture Holdings closes new fund with USD 305 million for Southeast Asia and India1 min read
Chinese automaker SAIC Motor is the main backer. NewsChinese autonomous driving sensor developer CalmCar raises USD 14 million2 mins read
Investor scrutiny over business models and profitability scares wannabes. NewsWeWork troubles give Chinese unicorns the chills3 mins read
Overall value of venture capital investment in China in the second quarter tumbled 77% year-on-year to USD 9.4 billion. NewsChinese venture capital investors turn to non-tech industries amid the country’s shift to service economy3 mins read
A digital map eyes the content monetization business. NewsAlibaba mapping unit AutoNavi offers self-guided audio tour amid expansion spree2 mins read
The last six months of 2019 looks promising as VC firms are in the process of closing fresh round of funds. NewsEarly-stage deals nosedive amidst slowing Indian economy2 mins read
The number of gold buyers skyrocketed, driven by the ease of buying gold in small sizes. NewsIndonesia’s interest in gold soars high on the digital platform2 mins read