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Incomlend ships in $20m

CMA CGM was among the investors in a series A round for the trade finance marketplace and will offer the service to its customers.

Aug 12, 2020

Flipkart makes Leap for accelerator

The e-commerce platform has teamed up with consultancy Zinnov for an India-based accelerator that will be conducted virtually.

Aug 11, 2020

Carro carries off another $11m

Mitsubishi, MS&AD and existing investor SoftBank Ventures Asia took part in a round that followed the car trading platform's $90m series B last year.

Aug 11, 2020

UMG Idealab prepares ground for $100m fund

Conglomerate UMG's accelerator and incubator aims to close a $100m fund by 2022 with help from external backers to support its portfolio through growth rounds.

Aug 11, 2020

ABM Therapeutics accumulates $20m

Sinopharm Capital contributed to a series A-plus round raised two months after ABM began enrolling patients for a phase 1 trial of its cancer drug candidate.

Aug 11, 2020

Tencent buys majority stake in Byment

Tencent has followed its series A investment in the comics and animated content producer last year by acquiring a majority share in the company.

Aug 11, 2020

MyGlamm makes up PopXo purchase

Doosan, Gree, Oppo and Summit Media have exited the young female-focused social media platform in an acquisition by MyGlamm.

Aug 10, 2020

Fabric Tokyo weaves together Original Lab

The bespoke suit maker’s three-month initiative will admit up to 15 D2C-minded startups and projects for its first batch.

Aug 10, 2020

Xpeng expects US flotation

The smart electric carmaker, which has raised a reported $2.5bn from investors including Alibaba, Foxconn, UCar and Xiaomi, has set a placeholder target of $100m.

Aug 10, 2020

VeriSilicon readies $268m initial public offering

The chip manufacturing services firm is set to go public $268m in an oversubscribed offering that will enable Samsung, Xiaomi and Intel to exit.

Aug 10, 2020

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