If I could have just 0.1% of this week’s funding total

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Hello reader,

This week’s deals cumulatively top the US$1 billion-dollar mark.

I remember watching Who Wants to be a Millionaire as a kid and how life-changing it made a million dollars sound. Plus, it was far from easy to even get to the quarter-million mark in the game, which made it seem all the more impressive.

Then I start working in tech and – even in a tech winter – we’re seeing funding rounds worth tens and hundreds of millions get closed every week. Of course, we’re comparing money for individuals with money for large corporations, but there’s still a slight dissonance.

I guess we, as a tech ecosystem, can take some comfort in knowing that the money is out there – it just might be a little harder to convince investors to pony up for now.

You can find all other important investment deals that happened in the last few days in our weekly funding news wrap-up.

Let’s dive into the biggest deals and M&As that recently took place.

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The biggest deals by market

🇮🇳 Meesho, an online marketplace for Indian entrepreneurs and consumers, has closed a US$275 million series G round, via primary and secondary share sales. The participating investors were not made public.

🇨🇳 Chinese firm TaiDoc Health is a one-stop family doctor and medical service platform. It raised US$128 million in strategic funding from China Pacific Insurance Company, HongShan (formerly Sequoia Capital China), and Shanghai International Group Asset Management.

🇰🇷 DEEPX is a South Korean firm that specializes in developing AI semiconductors. It closed a U$80.5 million series C round, with Aju IB Investment, BNW Investment, and SkyLake Equity Partners the participating investors.

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M&As

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Startups that are raising funds

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Behind the Glasswall

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Limited time offer – here’s an extra 10% off your tickets!

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Exclusive listicles

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Thoughtful reads