Asia venture funding falls in Q1, this German tech startup scored $330M, and more - April 7, 2022

April 7, 2022 [Asia venture funding falls after record 2021]( The venture market in Asia is not immune to the decline in funding seen globally. Asia venture funding declined to $36.3 billion in the first quarter, a 7 percent drop compared to the same quarter last year, and a much more dramatic 31 percent dip compared to the last quarter of 2021, according to Crunchbase data. [Grover lands $330M in equity and debt for gadget subscriptions]( Berlin-based Grover, an online platform for renting tech products through monthly subscriptions, announced it raised $330 million in new debt and equity funding. [Shein reportedly valued at $100B with fresh funding]( Chinese fast-fashion company Shein has reportedly raised between $1 billion and $2 billion in a new funding round, giving the company a valuation of $100 billion. Shein is now tied for the third-most valuable private company in the world, according to [The Crunchbase Unicorn Board](. [Crypto exchange Binance.US raises $200M-plus ‘seed’]( While some parts of the North American venture market may be slowing, crypto refuses to follow. Binance.US—the American franchise of Binance—said it has raised more than $200 million in a seed round at a pre-money valuation of $4.5 billion, making it the latest crypto-corn. [Tuesday Capital’s Prashant Fonseka on 7 years and 1000 pitches]( Practical fundraising tips for founders from Prashant Fonseka of Tuesday Capital, an early-stage firm that has made hundreds of investments over the last eight years including Airtable, Airbnb, Uber, Cruise, and others. [Cybersecurity funding remains high even as venture cools off]( Funding to venture-backed cybersecurity startups continues at an impressive clip—although significantly off the record high set last quarter. Venture dollars invested into cyber startups hit almost $6 billion in the first quarter, according to Crunchbase data. [4 advanced social selling tips for B2B pros]( Social selling, a way to engage and get to know prospects through social media, is about focusing on people instead of pipeline. The best salespeople leverage social media to build long-term relationships with their clients and prospects. Here are four social selling tips to digitally interact with customers, qualify yourself as a trusted consultant, and attract qualified leads. [New Crunchbase Chrome extension]( [Access company and contact data right where you need it with Crunchbase’s free Chrome extension.]( [Download Now]( Crunchbase Pro: Searches and Lists Name Type Entries [8VC portfolio]( Companies 183 [Benchmark's seed, series A/B investments since Snap]( Funding Rounds 101 [Canaan Partners investments]( Funding Rounds 691 [More Featured Searches and Lists]( [Check out our Crunchbase solutions here]( – prospecting tools made for everyone Recent Investments [Shein]( [$1.5B]( / [Series F]( Shein is an online marketplace that offers apparel, beauty, accessories, and home goods. Categories: E-Commerce • Fashion • Marketplace • Textiles Founders: [Xiaoqing Ren]( [Yang Pei]( [Yangtian Xu]( Investors: [General Atlantic]( [Sequoia Capital China]( [Tiger Global Management]( [VerSe Innovation]( [$805M]( / [Series J]( VerSe Innovation facilitates content curation and tracks user preferences through recommendation tools. Categories: Content • Internet • Social Media Founders: [Umang Bedi]( [Virendra Gupta]( Investors: [CPP Investments]( (Lead), [Baillie Gifford]( [Luxor Capital Group]( [+ 3 more]( [Climeworks]( [600M CHF]( / [Private Equity Round]( Climeworks engages in capturing CO2 from the air via commercial carbon dioxide removal technology. Categories: CleanTech • Environmental Engineering • GreenTech Founders: [Christoph Gebald]( [Jan Wurzbacher]( Investors: [GIC]( (Lead), [Partners Group]( (Lead), [Baillie Gifford]( [+ 6 more]( More Fundings Company Amount / Round Lead Investor [Liquidity]( $425M / [Debt Financing]( [Apollo]( [Liquidity]( $300M / [Debt Financing]( [MUFG Bank]( [Grafana Labs]( $240M / [Series D]( [GIC]( [Liquidity]( $50M / [Funding Round]( - [Tinybird]( $37M / [Series A]( [CRV]( [Amenitiz]( 27M EUR / [Series A]( [Eight Roads Ventures]( [Rattle]( $26M / [Series A]( [Insight Partners]( [Conversica]( $25M / [Series E]( [Morgan Stanley Expansion Capital]( [Vested Finance]( $12M / [Series A]( [Ayon Capital]( [All Recent Funding Activity]( Recent Acquisitions [Resource Management]( Pending acquisition by [Creative Planning]( for $1.9B More Acquisitions Company Acquired By Amount [Main Event Entertainment]( [Dave & Buster]( $835M [All Recent Acquisition Activity]( #{Rails.configuration.daily.cb_url} Discover innovative companies and the people behind them. [Follow Us on Crunchbase]( [View Jobs on LinkedIn]( [Follow Us on Twitter]( [Like Us on Facebook]( 564 Market St, San Francisco, CA 94104 © 2022 Crunchbase Inc. All rights reserved. [Privacy Policy]( | [Terms of Service]( [Unsubscribe]( from Crunchbase Daily.