IDG Capital has participated in an $11m funding round for CreditEase Insurance Agency, a subsidiary of CreditEase.
Month: February 2017
Zongmu fills up series B tank
The self-driving technology developer has added $14m to its coffers in a round co-led by Legend Capital.
TravelCar picks up $15.8m
PSA Group and Maif have supported an investment in TravelCar, which is set to expand into the US in April.
Nymbus collects $16m
Home Credit Group has led a $16m funding round for Nymbus, which provides core banking technology.
MomentFeed eats up $16.3m
Rockfish-backed MomentFeed has added $16.3m to its coffers, enabling it to develop new products, features and services.
Citi markets Tealium series E investment
Tealium has closed its series E round following a commitment from Citi Ventures, having previously raised a $35m initial tranche in September 2016.
Arrakis emerges with $38m series A
Pfizer and Celgene, as well as Osage University Partners and others, have backed a $38m series A round to help launch Arrakis Therapeutics.
Xenex mops up $38m investment
Malin Corporation returned to back Xenex, which will use the cash to drive international expansion, recruitment, product development and scientific research.
Baihe says yes to investment fund
The online dating platform has partnered JD Capital to launch a fund aimed at the wedding industry.
CYTS Hongqi Fund welcomes corporates
IDG Capital has joined forces with China CYTS Tours Holding and Sequoia Capital China to establish an investment fund focused on the tourism sector.
Baloise builds $50m fund
Baloise has committed $50m to an investment vehicle operated by Anthemis to identify opportunities in insurance technology startups based in Europe and the US.
Delhivery coordinates $100m round
Fosun is in talks to contribute to a $100m funding round for Delhivery, the logistics service provider already backed by Times Group.
CloudMinds conceives $100m series A
The company, which previously obtained $31m in angel and seed capital from investors including Foxconn and SoftBank, has raised $100m in a series A round.
Facebook has $170m Tip for startups
Facebook has partnered IP Group, Oxford Sciences Innovation and Touchstone Innovations, among others, to help guide investments in the telecoms infrastructure sector.