The second hand automotive marketplace has raised a huge series B round led by conglomerate Zhefu, also its partner in a recently formed car financing initiative.
Month: December 2015
Intel exits as Rogue Wave presses Zend for acquisition
PHP app development tool provider Zend Technologies has been bought by Rogue Wave Software for an undisclosed sum, providing an exit to Intel Capital.
Dürr acquires Bosch spinout iTac
Mechanical and plant engineering firm Dürr has acquired iTac Software, a Germany-based provider of manufacturing execution systems and a spinout of industrial equipment manufacturer Bosch, for an undisclosed amount. The company spun out of Bosch’s telecommunications division in 1998, and raised €4.5m from Techno Venture Management, Equinet Venture Partners and Pari Capital Group in 2004.… Continue reading Dürr acquires Bosch spinout iTac
CP Group and RDIF to co-launch $1bn fund
Thai conglomerate CP Group will hook up with the state-owned Russian Direct Investment Fund to invest in Russia’s food sector.
Weekly corporate venturing deal net: 25-31 December 2015
Geniee, the Japan-based adtech developer backed by internet company Yahoo Japan, has raised an undisclosed amount of series D funding from venture capital firm Fenox Venture Capital, Tech in Asia reported on Tuesday. YJ Capital, Yahoo Japan’s investment arm, provided an undisclosed amount of funding for Geniee in 2013, after the company has raised $700,000… Continue reading Weekly corporate venturing deal net: 25-31 December 2015
Ayannah seeks $3m
The digital banking services provider has so far raised more than $5m from backers such as Gree and Beenos.
Hawk lands on BGF for $11.9m
Business Growth Fund’s investment will be used by construction and plant equipment supplier Hawk Group to expand its fleet.
AXA Strategic Ventures confirms four investments
The insurer’s corporate venturing subsidiary has funded Bee, CoPromote, PriceMethod and GoldBean in the second half of 2015.
Dentsu helps fund From Scratch
Digital marketing platform developer From Scratch has followed an Itochu-backed round earlier in the year with an $8.3m round featuring Dentsu.
InnoVid pushes forward with $27.5m
The video advertising platform has now raised about $65m in total, after Cisco and Deutsche Telekom returned to support its latest round.
InnFocus finds room for series C funding
The Hoya and Santen-backed glaucoma treatment developer has closed its series C round at $33.9m and has now raised almost $50m in total.
Sungevity absorbs $650m
The solar energy system installer has raised $50m in a GE Ventures-backed equity round and an additional $600m in project finance.
Mparticle hones in on $15m
The Google Ventures-backed app development technology provider has now raised more than $25m in debt and equity since it was founded.
Novan spots investors for $30m
Novan, which is planning to move its acne drug candidate into phase 3 trials next year, raised $50m in a Malin Corporation-backed round in March.