The car sharing platform has raised fresh capital from shareholders including Hearst Media and China Pacific Insurance, bringing its total haul to $130m to date.
Month: February 2017
Knotel ropes in corporates for $25m series A
Rocket Internet and Bloomberg have taken part in a series A round for Knotel, the operator of office spaces that serve as headquarters for a range of companies.
Anxin Doctor treats itself to $28m
China-based mobile health app developer Anxin Doctor has raised RMB200m ($28m) in a series B round featuring IDG Capital, a venture capital affiliate of media and data firm International Data Group, China Money Network reported on Wednesday. Venture capital firms Matrix Partners China and Qiming Venture Partners also contributed to the round, which followed an… Continue reading Anxin Doctor treats itself to $28m
Corporates join Project A for $148m fund
Germany-based venture capital firm Project A closed a €140m ($148m) early-stage fund yesterday with contributions from several domestic corporates. Retailer Otto Group, broadcaster ProSiebenSat.1, diversified holding company Franz Haniel & Cie, games and toy maker Ravensburger, food producer Dr Oetker and publishers Axel Springer and Gruner + Jahr are all limited partners in the fund.… Continue reading Corporates join Project A for $148m fund
Naspers lends a hand as Creditas raises $19m
Naspers Ventures has invested in the Brazil-based online lender as part of a series B round that included International Finance Corporation and existing backer Redpoint eVentures.
Haoqiao books in $17.5m
The international hotel booking service, backed by IDG Capital at series A stage, has raised series B funding, adding China Merchants Capital Investment and the Chinese government as investors.
Tala finds $30m in funding
GV-backed microfinance and credit scoring service provider Tala has increased its equity funding to $44m and plans to now expand in South Asia and Latin America.
Rackspace helps load $50m into Mailgun
Cloud computing firm Rackspace has spun out Mailgun, the email automation tools provider it acquired in 2012, and supported a $50m round for the newly independent company.
Meituan-Dianping plans $435m corporate venturing fund
Meituan-Dianping has secured Tencent and New Hope Group as limited partners for a fund that will seek to develop an ecosystem around its local services platform.
TactoTek drives up funding to $20m
Automotive parts manufacturer Faurecia has invested in TactoTek, a company that makes injection-moulded electronics used in vehicles and home appliances.
Mercari snaps up Zawatt
Zawatt operates an auction site for second-hand items and has raised capital from CyberAgent Ventures, SIG Asia Investments and IMJ Investment Partners.
Myntra models fashion accelerator
The clothes e-commerce company aims to welcome 15 to 20 local startups to its new program as it also seeks more international brands for its marketplace.
Bank of Saint Petersburg directs $30m to corporate venturing
The financial services firm plans to initially complete up to 20 deals through the fund, which will support fintech and several other technologies.
MobiTV channels $21m
Ally Corporate Finance and Oak Investment Partners have invested $21m in the Hearst-backed television streaming technology provider, which has now raised $150m in total.