Zhubajie led corporate outsourcing services provider 51Shebao’s series B round, lifting its overall funding to $14m.
Month: June 2016
Corporates fund Within with $12.6m
Virtual reality video provider Within has raised series A cash from backers including 21st Century Fox, WME, Live Nation, Vice Media and Legendary Pictures.
Ant Financial looks to Ascend
Alibaba’s financial services affiliate is set to take a 20% stake in Thailand-based Ascend Money, shortly after investing $35m in Shanghai Suntime Information Technology.
Plaid forms funding pattern with $44m
Goldman Sachs has led the first round for the Alphabet-backed financial app technology provider since it came out of stealth last year.
Legend helps supply cash to Guoke Hengtai
Legend Capital, one of conglomerate Legend Holdings’ investment units, has co-led a series B round for medical device supply chain services provider Guoke Hengtai.
Kellogg gets up for $100m fund
The cereal producer has founded a corporate venturing unit named Eighteen94 Capital that will fund food, ingredients, packaging and enabling technology startups.
UrWork undertakes $46m pre-series B
The work space provider’s latest cash injection follows a $31m series A+ round three months ago, and is backed by commercial real estate developer Yintai Land.
F2G grows on investors to raise $60m
Novo and existing shareholder Novartis have contributed to a funding round that will allow antifungal drug developer F2G to advance its lead candidate.
Autodesk casts three new participants for Forge
Autodesk has invested in 3D Robotics, MakeTime and Seebo through the $100m fund formed to support its cloud services platform.
Soracom soars to new funding
The Mitsui-backed mobile virtual network operator has now secured almost $34m in total, after raising $5.7m from Singaporean state-backed Pavilion Capital.
Rescale performs $14m series A move
Microsoft and Itochu contributed to a $14m round for high performance computing software producer Rescale, adding to a $6.4m seed round.
Nanit tracks $6.6m for series A
Nanit has raised funding from investors including Flextronics and plans to begin shipping its advanced baby monitor in September.
Comcast visits Felix & Paul for $6.8m round
Cinematic virtual reality studio Felix & Paul has closed a series A round led by Comcast Ventures that will fund staffing, technology and distribution.
Andela recruits GV for $24m series B
The Alphabet subsidiary has taken part in a round for Andela, which recruits Africa-based programmers on behalf of US tech companies.