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Page 295

Shipper boxes up series A funds

Naspers has reportedly contributed to a round for the shipping services portal sized at up to $20m, with the cash earmarked for hiring and general business purposes.

May 21, 2020

Khatabook reaches new chapter with $60m

Tencent and Unilever Ventures have participated in a series B round for the business accounting platform developer, reportedly valuing it at up to $300m.

May 21, 2020

Simple Love signs off on series A

Guangzhou Honest Dairy's yoghurt brand has spun off with $56.3m in a round led by Matrix Partners China that will fund the strengthening of its production resources.

May 21, 2020

Source Defense secures series A-plus capital

Capital One Ventures was among the participants as e-commerce focused cybersecurity provider Source Defense sealed $10.5m of series A funding.

May 20, 2020

Leyan lets in series C1 funding

The customer service technology developer has raised $21.1m from investors including Beijing Kunlun Technology in a round co-led by Blue Lake Capital and Eastern Bell Venture Capital.

May 20, 2020

Jakarta MRT gets accelerator on track

Jakarta’s public rapid transit system will seek out local entrepreneurs to help develop their projects through newly formed accelerator MRTJ Accel.

May 20, 2020

Yigongli cleans up in series C round

The Alibaba-backed automated car wash service has completed an $84.4m round, with People’s Insurance Company of China supplying a third of the money.

May 20, 2020

Cyberbit seizes $70m from Charlesbank

Elbit Systems is now a minority shareholder in cybersecurity training spinoff Cyberbit, which has received primary and secondary funding from Charlesbank Technology Opportunities Fund.

May 20, 2020

SenseTime sets out stall for $1bn

The Qualcomm, Alibaba, Suning and Dalian Wanda-backed artificial intelligence software provider is reportedly seeking a $9.5bn valuation.

May 19, 2020

Keep makes leap to $80m series E

Tencent and Bertelsmann Asia Investments returned for a round that pushed the online fitness community and product maker's valuation past $1bn.

May 19, 2020
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