Food e-commerce company Funye has raised $12.5m at a $54m valuation from investors including sesame oil manufacturer Yanzhuang.
Month: August 2016
Renren helps pump $15m into 51Autogo
The petrol station services provider has now raised $25m in the last 18 months, closing a series A+ round including Renren.
BCCL makes Quikr investment
The media group’s ad-for-equity unit, Brand Capital, has invested $19.4m as part of a deal that will reportedly include advertising on its media properties.
ID Experts discovers $27.5m
Corporate venturing fund BlueCross BlueShield Venture Partners returned to reinvest in the identity protection software provider, seven months after taking part in a $5m round.
Ecobee warms up with $35m
The smart thermostat maker, backed by Just Energy and Carrier in the past, has raised new funding from investors including the $100m Amazon Alexa Fund.
GMK helps produce $18m for Youpeiliangpin
Youpeiliangpin, which helps farmers supply small and medium-sized restaurants, has raised series A funding from backers including chicken processor GMK Holdings.
Pymetrics recruits corporates for series A
The advanced recruitment platform developer has raised $6.1m in a round that included Randstad, Mercer and the AOL-funded BBG Ventures.
Nutrinia swallows $30m in series D round
The Maabarot-backed oral insulin developer has closed a $30m round featuring WuXi PharmaTech that will fund trials for two disorders.
Pigeon Express swoops for GoJavas
The courier firm has acquired a majority stake in Snapdeal-backed courier service GoJavas for an undisclosed sum.
Nokia meets EventBoard for $13.5m series B
Meeting analytics platform EventBoard has now raised more than $20m, having closed a Nokia Growth Partners-led round that included GE Ventures.
Phamstandard helps deliver $20m to Avelas
Cancer care technology developer Avelas has now raised about $35m altogether, after Pharmstandard led a series C round also featuring Alexandria and WuXi PharmaTech.
Lancai banks on LeEco for $27m
LeEco has invested $27m in a series B round for online finance platform Lancai, which had previously raised cash from investors including Legend Holdings.
Macrolink connects LeEco’s car unit to $50m
Conglomerate Macrolink has invested $50m in the smart car development branch of technology group LeEco, which is already working with partners Aston Martin and Faraday Future.
Keio Innovation Initiative sets $150m target
Corporates including Yahoo Japan and Tokyo Broadcasting System have contributed to the $50m first close of the VC partnership between securities brokerage Nomura and Keio University.