By Quynh Nguyen
Autonomous driving startup WeRide has raised “tens of millions of US dollars” in fresh funding from AI firm SenseTime and ABC International, a wholly owned subsidiary of the Agricultural Bank of China.
Nest Tech is looking to invest in startups mainly from Myanmar, Vietnam and Singapore.
Basis AI, an early-stage AI startup, aims to build scalable and accountable machine learning products for digital enterprises.
Byton is backed by China’s retail giant Suning and healthcare services provider Fullshare Holdings.
Goldman’s pledge to inject $500 million into firms run by women may help burnish the bank’s reputation among budding businesses.
The company claims to have raised $10 million in funding so far.
Praxis Capital, Stonebridge Ventures, ID ventures, MG investment, and Seoul Investment Partners were the investors.
Other investors participating in the round include Charoen Pokphand’s True Digital & Media Platform and LINE Ventures.
SoftBank, which has already invested more than $8 billion in WeWork, had discussed potentially spending $16 billion to buy a larger position in the company.
Nine of the top ten deals in the year came from Asia of which seven were in China, according to a Preqin report.