Existing backer Rakuten has returned to lead a $35m series B round for Carousell, putting the mobile marketplace app provider’s total funding at $41.8m.
Month: August 2016
Takeda co-leads $13m Bioniz series A
Bioniz has secured $13m in a round co-led by Takeda Ventures and David Pyott, who has been named chairman of the immuno-inflammatory disease drug developer.
Salesforce fires off $750m Quip acquisition
Interactive word processing software provider Quip had raised $45m in funding since 2012 from backers including Salesforce Ventures.
Africa Internet Group sells CDC on $55m investment
Corporate-backed AIG took its 2016 equity funding to more than $465m with an investment from UK state-backed development finance institution CDC Group.
Sun Life joins Plug and Play backers
The insurance group will provide mentorship and business development support to startups in Plug and Play Tech Center’s insurance vertical.
Peek reveals $10m series A round
The CAA Ventures-backed excursion booking platform has received $10m from individual investors to take its overall funding to $18m.
Patwardhan takes venture partner role at CreditEase
Anju Patwardhan, formerly chief innovation officer at Standard Chartered Bank, will make strategic fintech and VC fund investments on behalf of lending platform CreditEase.
Altares subscribes to Powerlinx’s series A
Powerlinx, developer of a platform that helps businesses establish collaborations, has formed a strategic partnership of its own with business data provider Altares D&B.
Scout RFP finds path to $9m
Existing investor New Enterprise Associates has provided $9m in series A funding for GV-backed procurement software developer Scout RFP.
LeadGenius contacts investors for $10m series B
The sales and marketing platform, which counts Recruit as an investor, has closed a $10m series B round that featured accelerator Y Combinator.
Renmatix generates $31m in new funding
The biochemicals technology provider, which counts Total, BASF and Waste Management as past investors, has secured $31m, according to a securities filing.
Big Deal: Didi Chuxing to acquire Uber China
Uber has lost its battle in China, but as the largest shareholder in a $35bn company that is the overwhelming market leader it may yet win the war.