Internet company LeEco’s virtual reality affiliate is raising a $46m funding round led by investment bank China Bridge Capital.
Month: June 2016
Selecta hits markets with $70m IPO
Sanofi-backed Selecta Biosciences had raised $117m prior to the offering, and will use the proceeds to advance its gout treatment through clinical trials.
Circle embraces $60m series D
IDG Capital has co-led a fourth funding round for Circle, with participation from Baidu, Wanxiang and CreditEase, as the payment technology producer reveals its China plans.
Twilio to raise $150m in upsized IPO
The business communication technology provider, which had raised $240m from investors including Amazon and Salesforce, will float above its range.
Moran resurfaces at Lockheed Martin
Christopher Moran had previously spent eight years from 2005 as general manager of Applied Ventures, and will head Lockheed Martin’s newly formed CVC unit.
Investors equip Kit Check with $15m
The medication tracking and kit processing software provider secured funding in a series C round led by Baxter Ventures that included Kaiser Permanente.
NSS Labs secures $16m
Cybersecurity monitoring and testing company NSS took its overall funding to $27m, just over a year after raising cash from backers including Chevron.
Deutsche Boerse sets up corporate venturing unit
The stock market operator has set up a strategic investment unit called DB1 Ventures to manage its VC portfolio and fund new companies.
Kespry lifts off with $16m series B
The automated drone systems developer has added Wilson Sonsini Goodrich and Rosati to its shareholders and signed a partnership with Nvidia.
Zerto continues series E round, boosting it to $70m
The Access Industries-backed business continuity software company has now raised $130m in total, adding $20m to the $50m it secured in January.
Ant Financial joins Xinmei Life consortium
Ant Financial has joined an investor base that already includes several corporates to help put up $150m in capital for mutual life insurer Xinmei.
Legend Holdings tunes into Kaola FM
Kaolo FM, a network operated by AutoRadio Group, has raised $26m in a round featuring Legend’s corporate venturing unit.
Number26 counts to $40m
Axel Springer-backed mobile banking service provider Number26 has closed a series B round and boosted its total funding to approximately $53m.
CaterWings takes flight with corporate backing
Tengelmann and Rocket Internet were among the investors in a $6.8m round for the catering marketplace startup, launched in autumn last year.