The China-based fitness app has followed a $32m Bertelsmann-backed round in May with more funding led by Tencent.
Month: August 2016
White Mountains catches Buzzmove for $7.8m seed round
Insurance firm White Mountains Insurance Group has led a £6m ($7.8m) seed round for UK-based removal services and property management platform Buzzmove, Startups reported on Monday. Buzzmove has built an app that enables users to compile a digital inventory of their possessions in order to help them organise moves and buy contents insurance. It also… Continue reading White Mountains catches Buzzmove for $7.8m seed round
OpenAgent captures Reinventure for $9m round
Westpac’s Reinventure firm led estate agent marketplace OpenAgent’s latest round, which will help it add new features to its platform.
New York Life picks Pear
Pear, the venture firm formerly known as Pejman Mar Ventures, has secured New York Life Insurance as a limited partner for its $75m second fund.
SoftBank pays $62m for a longer stay at Oyo
Existing backer SoftBank reportedly invested the money at a $460m valuation, taking the budget hotel room aggregator’s overall funding to almost $190m.
Curse passes on to Twitch
Game livestreaming platform Twitch has bought gamer community, video and information company Curse, which received $30m in funding from Riot Games last year.
Tioma passes series A checkpoint with $86m
Tioma Therapeutics, an oncology treatment developer, previously known as Vasculox, has secured funding from backers including Novo, GlaxoSmithKline and Roche.
Velodyne charts $150m from Ford and Baidu
The corporates have made strategic investments in the 3D sensor and mapping technology producer, as they continue development of their individual driverless cars.
Asian corporates answer Neusoft Xikang’s $64m question
Alps Electric and PICC made strategic investments as part of a round that boosted the total raised by Neusoft’s medical services spinout to more than $230m.
Corporates favour early startup contact, says MassChallenge report
The State of Startup/Corporate Collaboration 2016 report suggests 67% of corporates prefer early interaction, with 82% saying interaction was at least somewhat important.
Ayeni leaves Orange to get into Africa
Wale Ayeni has departed from a position leading Orange’s North American corporate venturing investments to fund African startups on behalf of IFC.
FloSports calls time on $21m series B
Bertelsmann co-led the round, which also featured WWE and Discovery Communications, and which took the sports livestreaming platform’s total funding to $32.2m.
Xperiel gets on first base to raise $7m
Major League Baseball and the LA Dodgers have both contributed to the first round disclosed by internet-of-things app development platform Xperiel.
TRX exchanges equity for $6.7m in corporate backing
Sky and Channel 4 have both invested in broadcasting rights licensing platform The Rights Exchange, operated by holding company Dial Square 86.