BAI Capital

U.S.-China decoupling is expected to discourage cross-border investments between the two superpowers as investors shy away from sanctions and geopolitical risks. But in some areas, Chinese investors and American tech…

Boston’s ClearMotion funded by Nio Capital to switch on in-car metaverse in China

Happy new week! Christine went on a well-deserved break, so you’ll have to deal with a double dose of my awful puns and worse headline shenanigans for a bit.

Daily Crunch: Cartona will use $12M Series A to expand its Egypt-based, B2B e-commerce platform

BAI Capital, the storied China-focused venture investment firm that was formerly known as Bertelsmann Asia Investments, has raised $700 million to back Chinese companies that are part of the country’s…

BAI Capital targets China’s globalizing startups with fresh $700M fund

While credit cards are ubiquitous in the U.S., they are far less so across Latin America, where people — especially lower-income members of the population — have historically relied on…

Mexican fintech startup Stori reaches unicorn status with $50M equity raise

Despite recent swings in cryptocurrency values, many institutional investors appear undeterred. The growth of Babel Finance, which offers a suite of institution-facing crypto financial products, could be an indicator of…

Crypto asset manager Babel Finance reaches $2B valuation

Over the past few years, Shein has taken over online fast fashion by exporting affordable wear from China to customers around the globe. Its success has attracted a wave of…

Valued at $50M, Body404 wants to bring Chinese indie brands to the world

For years, open source software in China was only attracting developers and was poorly understood by returns-seeking investors. But they are finally having a moment like their Western counterparts. The…

3D content collaboration startup Taichi Graphics closes $50M Series A