Qiming Venture Partners is reportedly raising a $300 million healthcare fund for U.S. investing - its third in this market.
Sapphire Ventures leads $125 million, Series G financing in Chennai and SF-based billing business Chargbee - another unicorn - with Tiger Global and Insight Venture Partners.
In on yet another deal, Tiger Global injects $25 million in crypto trading app, CoinSwitch Kuber in India.
Lightspeed China, Sequoia Capital China are among $50 million investors in Laiye, an AI-powered digital chatbot.
Beijing-based genome editing biotech EdiGene bags $62 million in series B+ deal led by Loyal Valley Capital and prior investors IDG, Lilly Asia, Sequoia Capital China and others.
Tencent and Sequoia co-lead $25 million, second round in Chinese enterprise service provider WakeData.
ClearVue Partners completes Series C, $220 million funding for Plus (formerly Plus.ai), a leading provider of self-driving truck technology in the US and China.
Another Sky9 Capital investee, mobile charging device Smart Share Global, listed on Nasdaq, at $2.3 billion.
US-based, VC-backed companies are off to a strong start in 2021 after raising over $62 billion in first quarter 2021, up 117% from same period a year ago.
Deals increased to 1,735 deals, up 14% year over year: PWC/ CBI Insights
Global VC funding in 2020 was $300.5 billion - up from $281.6 billion in 2019 and second only to 2018's record $329.7 billion despite a drop in deal volume: KPMG
World's largest startup pitch contest is coming to Mongolia.
Silicon Dragon is one of the judges.
Startup World Mongolia Regional Finale