China’s parliament is set to bring in rules giving markets the ability to choose who floats and allowing foreign companies to list in the country.
Month: April 2015
Google services $50m series E for Freshdesk
The customer support software provider has now raised more than $80m over the past year, with Google Capital funding both recent rounds.
Xiaomi to invest in 100 companies, CEO says
Lei Jun has told the Chinese media that the smartphone producer intends to invest heavily in order to build out its internet of things product offering.
Yoyo performs $10m trick
The Telefonica-backed mobile wallet developer has now raised $15m in less than a year and will use the capital to build its team as it prepares to enter the US market.
Qualcomm helps to scale Peak with $7m
Peak, the developer of a brain training app, has now secured $10m altogether and plans to build its team using the cash from its series A round.
Orange picks Fab 15 for Asia
Orange Fab Asia, an accelerator run by telecoms company Orange, has chosen 15 startups from Seoul, Tokyo and Taipei for its spring cohort.
Salesforce-backed Appirio secures $35m
The cloud app developer has now raised $110m in total, after raising a series E round funded by a subsidiary of Fidelity Investments.
Nokia makes huge exit from Ganji acquisition
58.com has acquired local listings service Ganji in a $2.8bn deal that gave Nokia Growth Partners its largest ever exit.
Movile stays agile with $40m
Naspers has returned to invest another $40m in the mobile software and services developer following Movile’s $55m series D round last year.
Rethink Robotics upgrades series D to $40m
GE Ventures led a $26.6m first tranche of a series D round for the robot maker that has now been closed at $40m.
Relationship Science applies itself to $31m round
The Hearst and Salesforce-backed networking management platform has now raised $120m in total and has appointed a new chief executive.
Galapagos is the destination for $150m IPO
Johnson & Johnson-backed Galapagos, already listed in Amsterdam and Brussels, has filed for an initial public offering in the US.
Ex-GCV staffer wins Canary Wharf prize
A team including former Global Corporate Venturing data researcher Joanna Slota-Newson wins a prize from Canary Wharf Group.
Baozun files for $200m US IPO
The e-commerce services company, in which Alibaba is the largest shareholder, will use the proceeds for sales and marketing, and to improve its warehousing and technology infrastructure.