The damaged and restored vehicle marketplace has now raised $45m in under a year, with insurance firms CPIC and Ping An among its investors.
Month: February 2016
Anlaiye to graduate series A+ round with $30m
The student-focused trading platform secured almost $20m of the funding from investors including Semir Garment, with the rest coming from the Chinese government.
Comcast crosses College Ave for $20m round
Student loans marketplace College Ave Student Loans took its overall equity financing to $40m in a Comcast-backed round.
PitchBook catches Morningstar for $10m
Morningstar increased its stake in PitchBook to 20% with a $10m investment that valued the financial data platform at $160m.
Temp Holdings employs CVC fund to aid innovation
The staffing services company has formed a corporate venturing unit called Temp Innovation Fund that will fund HR technology in Japan and internationally.
Adagene devises $28m series B
WuXi, which previously backed Adagene’s $8m series A round, returned for the antibody developer’s latest round alongside two Fidelity Investments subsidiaries.
Fujitsu networks its way to BTI exit
Juniper Networks is set to acquire networking software company BTI Systems, which had raised $60m in equity from backers including Fujitsu, for an undisclosed sum.
Qiniu stores away $100m
The cloud data storage company added new strategic partner Telstra to its investor base in a series D round also backed by Harvest Global and China Broadband Capital.
Xun Cheng studies $50m from Tencent
The Chinese online education platform provider has attracted capital from Tencent as it gears up for an initial public offering in its home country.
Elevenia calls up investors for $50m
The online marketplace, a joint venture of SK Planet and XL Axiata, has boosted its total funding to about $110m with $50m from its founders.
BloomReach’s search finds Salesforce for $56m round
Salesforce Ventures has contributed to a series D round that increased the personalised search technology developer’s total funding to almost $100m.
Novel finds True Fit in $15m round
Novel Group’s corporate venturing unit returned to back True Fit, which supplies personalised shopping software for clothing retail brands.
GreenA eyes Shift for funding
Corporate-backed VC fund Shift Invest has provided an undisclosed amount for GreenA, which plans to commercially launch its biodegradable polymer this spring.
Editorial: Navigating the three routes to the top of corporate venturing
Claudia Fan Munce’s retirement highlights three routes to the top job.