Bailie Gifford and an undisclosed second investor supplied the capital at a flat valuation, taking the Rocket Internet-backed company’s total funding to about $365m.
Month: December 2016
Yeahmobi finds $92m from investors
Mobile advertising platform Yeahmobi raised the money in a private placement, eight months after Xiaomi led a $25m round for the company.
Tianxing picks Berry for $619m reverse merger
Legend Holdings-backed Berry Genomics will list through a reverse merger with auto parts maker Chengdu Tianxing Instrument & Meter in a deal that values it at $619m.
Starry shoots to $30m series B
IAC has returned to back internet service provider Starry’s $30m series B round, pushing the company’s total funding to date to $63m.
Northern Biologics and Mosaic Biomedicals shape merger
Celgene-backed antibody therapy developer Northern Biologics has extended its series A round and merged with oncology treatment developer Mosaic Biomedicals.
2016 Roundup: SoftBank
Despite the departure of company president Nikesh Akora in June, SoftBank continued to invest big in Asian consumer internet and is set to close its $100bn Vision Fund soon.
Vkansee scans Chinese investors for $10m
Superpix Micro Technology was one of four named China-based participants in the latest round to be raised by the fingerprint sensor developer.
VictorOps fixes $15m series B
New investor Shea Ventures led the round, which took IT incident management software developer VictorOps’ overall funding to almost $34m.
Everbright-IDG deals out $72m to Daling
Everbright-IDG Industrial Fund has announced its first investment, supplying $72m in funding to mobile commerce platform and IDG Capital portfolio company Daling.
Careem rises with $350m in funding
Rakuten and Saudi Telecom led the first close of what ride ordering service Careem hopes will be a $500m round, with existing backer Al Tayyar also participating.
OneWeb catches SoftBank in $1.2bn round
SoftBank invested $1bn to lead the satellite operator’s latest round, which will support construction of a large-scale satellite production facility.
Lumus displays promise with $45m series C
Quanta Computer and HTC have helped provide $30m for Lumus, following an initial $15m from investors including Crystal-Optech.
Bio-Techne makes Astute investment in $43m round
Bio-Techne has made a strategic investment in Astute Medical, which already counts corporates Fosun, Johnson & Johnson and Kaiser Permanente as shareholders.
Big Deal: Symphony sounds out investors
Google-backed Symphony is targeting $200m in a round that will make it the latest company to carve out a place in the instant messaging unicorn club.