China Digest: Data tech startup XSKY raises $63m; Cathay Capital sets up new retail fund
Chinese data infrastructure technology provider XSKY raised $63m in a Series F round from Source Code Capital and V Fund.
Source: dealstreetasia.com
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China Digest: GGV, Sequoia China back Sudo; Source Code names new partner
Investors including GGV and Sequoia Capital China have injected 308 million yuan ($48.3 million) into Chinese privacy computing startup Sudo.
Source: dealstreetasia.com
Chinese semiconductor firm Moore Threads secures $313m Series A
The financing was jointly led by Source Code Capital, Shanghai Guosheng Group, and Bohai Sheng (Hubei) Industrial Fund Management.
Source: dealstreetasia.com
Chinese MRO platform Ruigu raises $250m in Series D round led by Primavera
Ruigu sources industrial supplies from manufacturers and then sells the products to over 150,000 SMEs via its platform.
Source: dealstreetasia.com
This Week in Apps: Developers sound off on App Store settlement, OnlyFans' flip-flop, Snap's new camera – TechCrunch
Welcome back to This Week in Apps, the weekly TechCrunch series that recaps the latest in mobile OS news, mobile applications and the overall app economy. The app industry continues to grow, with a record 218 billion downloads and $143 billion in global consumer spend in 2020. Consumers last year also spent 3.5 trillion minutes using apps on Android devices alone. […]
Source: techcrunch.com