Weying, owner of ticketing platform Wepiao and the manager of two entertainment funds, has confirmed the Tencent and Wanda-backed round.
Month: November 2015
Jet.com lengthens runway with $350m
Alibaba and Alphabet were among the investors in the round, which was raised at a $1bn pre-money valuation with verbal commitments for a further $150m.
Sunfire rises with corporate investment
The fuel cell and electrolyser producer has raised an eight-figure sum from CEZ, Total and the EDF-funded Electranova Capital.
Fortscale secures funding from CME and UST
Derivatives marketplace CME and IT services firm UST Global have invested an estimated $4m in Intel-backed cybersecurity analytics company Fortscale.
Citrix to wind down Startup Accelerator
Citrix Startup Accelerator, launched in 2011, reportedly will be eliminated as part of a company-wide cost-cutting initiative.
Harvest reaps $20m
Waste-to-energy company Harvest Power, backed by investors including Waste Management, has now raised more than $240m since 2008.
Baronova shapes up with $36.5m
The weight-loss device developer, which has previously secured funding from Allergan and Boston Scientific, has now raised almost $80m altogether.
ObsEva spots corporates for $59m series B
ObsEva, which is developing treatments for pregnancy-related conditions, received the funding from investors including pharmaceutical companies Merck Serono and Novo.
Alibaba seeks $1bn exit from Dianping-Meituan
Alibaba reportedly holds a stake in the newly merged listings and e-commerce platform sized in the high single digits, and is opting to focus on its own Koubei service.
Movago moves to $7m series A
Holtzbrinck Ventures, which contributed to the moving services company’s seed round two months ago, has returned for a $7.4m series A.
Statoil powers up Corvus
Maritime energy storage technology company Corvus Energy has received an undisclosed amount of funding from Statoil’s corporate venturing arm.
MindTickle sells Qualcomm on $12.5m series A
Sales training software provider MindTickle has now raised more than $14m in just over a year, with Qualcomm Ventures now among its investors.
Baidu and Citic to combine for direct lending company
The two will put $313m into Baixin Bank, which will provide direct banking services in their home country of China.
Otter swims out to Crunchyroll
Chernin Group and AT&T joint venture Otter Media has invested $22m in Ellation, the owner of anime streaming platform Crunchyroll.