The online food retailer has raised an amount it claims is higher than the $220m secured by rival Womai last year, in a round co-led by Alibaba.
Month: March 2016
LeSports scores $1.2bn in massive series B round
The sports streaming platform attracted more than 30 investors including HNA, less than a year after raising more than $120m in series A capital.
Flypro takes off with $23m
The Yihua-backed drone manufacturer has secured $23m in series B capital as it begins mass production of its products.
Emulate copies $28m into series B
The Harvard spinout has raised a second funding round that included existing shareholder Cedars-Sinai, boosting its total equity funding to $40m.
Oncology Analytics compiles $7.5m round
Blue Cross and Blue Shield Association led the oncology management company’s funding round through its corporate venturing affiliate.
Sistema teams with TUS for $100m fund
The Russia-based conglomerate is partnering Tsinghua University’s business arm and putting up 30% of the capital for a fund that will be sized at up to $100m.
Maat Pharma balances out series A with $11m
Biocodex led the round, which will fund the start of clinical studies for Maat’s microbiome-based dysbiosis treatment this summer.
Bromium secures $40m in series D round
The Intel-backed micro-virtualisation cybersecurity technology provider has now raised $115m in the past five years.
Standard Chartered maps out Singaporean incubator
The bank has opened an innovation lab called Exellerator in Singapore, representing its first incubator in Asia.
BizReach employs Yahoo Japan for $32.8m series B
Yahoo Japan subsidiary YJ Capital invested $14m in a round that also included Salesforce, Gree, Link and Motivation, Dentsu and Rakuten.
Norwest ships Clarus to new owners
Trivergance, Falcon Investment Advisors and Landon Capital Partners have acquired Norwest-backed Clarus Commerce, which operates customer loyalty platform Freeshipping.
Alibaba sees Wanilyun as picture perfect investment
Alibaba’s health IT subsidiary will pay $34.5m for a 25% stake in Wanilyun Medical Information Technology, a medical imaging spinout of Wandong Medical.
Cisco initialises $100m in India investments
Following similar initiatives in countries such as Canada and France, Cisco has announced an India digitisation drive that will include a $40m corporate venturing fund.
Infuse targets $150m to light up new fund
The corporate-backed firm is launching a fund called Bharat in order to expand its focus from clean energy to sectors like healthcare and agribusiness.