China Digest: Baidu backs SalesHero round; Tencent invests in Marble

REUTERS/Kim Kyung-Hoon

Baidu Ventures has participated in the $4.5-million seed funding of SalesHero, a San Francisco-based startup that provides AI-powered sales assistant, while Tencent has joined a $10-million Series A round for robotics company Marble.

Baidu Ventures joins $4.5m SalesHero round

SalesHero, a San Francisco-based startup that provides AI-powered sales assistant, has announced the closing of a $4.5 million seed funding from Baidu Ventures, CometLabs and Cherry Ventures.

Signals Venture Capital, an enterprise-focused fund investing in the datafication of businesses also joined the round, SalesHero said in a press release.

SalesHero uses standard Salesforce APIs to map data and does not require any installation or download. Users only need to connect their company email and Salesforce account. Its technology seamlessly integrates with all other products in the ecosystem.

Tencent backs $10m Series A round of Marble

San Francisco-based robotics company Marble has announced the closing of a $10 million Series A round participated by the likes of Tencent, Lemnos, Crunchfund and Maven.

This round brings the company’s total funding to $15 million.

Marble creates a fleet of intelligent courier robots to transport goods including groceries, meals, and medicine. Having raised its first seed funding in 2015, Marble secured its second seed round a year later participated by 16 investors, including CF, Promus Ventures and S2 Capital.

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Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.