Funding | Page 8

GetAround raises $300 million in Series D round

AirTrunk claims this is the largest funding by a data centre company in Australia

With recent funding, Grab will expand the range of Online To Offline services in Southeast Asia

In addition to funding, a joint venture between SBI and AntWorks was also announced to tap the opportunities in the emerging AI space in South-East Asia.

This investment will help WeWork to support creators, small businesses, and large companies across China

The recent funds will be channeled towards growing the team base, exploring new business verticals and developing more healthcare solutions from this year onwards.

Beijing and Shanghai are ramping up to compete with Silicon Valley fundraising levels, buoyed by large rounds to hot startups like Didi, Toutiao, Mobike and Ele.me