Renewable biocarbon technology developer Cool Planet, backed by GV, Exelon, BP, JF Shea, General Electric, ConocoPhillips and NRG Energy, has raised $19.3m.
Month: March 2017
Ethicon extracts Torax in acquisition deal
Johnson & Johnson, Kaiser Permanente and Mayo Clinic all exited the medical device producer in an acquisition of undisclosed size by Johnson & Johnson subsidiary Ethicon.
Delhivery receives $100m
The Times Group-backed e-commerce logistics company has raised $100m in a Carlyle Group-led round that could be expanded to $150m with Fosun participation.
Akcea applies for $100m IPO
Ionis Pharmaceuticals spinout Akcea Therapeutics will receive $50m from strategic partner Novartis as part of the offering.
Henkel to heave funds into CVC unit
The industrial and consumer product maker has launched a corporate venturing arm called Henkel Ventures and expects to commit about $160m to the unit.
Tiger Brokers factors in $14m series B+
Xiaomi-backed brokerage firm Tiger Brokers has added $14m to its coffers in a round led by China Growth Capital, increasing its total funding to $59m.
Ottonova opts for Tengelmann to secure new financing
Tengelmann has supported a $16.2m round for insurance technology developer Ottonova, which previously attracted capital from another corporate, Vorwerk.
Big Deal: Flipkart files away $1bn
The e-commerce company has just closed $1bn in a corporate-backed round but the downgrade on its valuation is likely a sign of the rough time that Indian e-commerce is going through.
Dely finds recipe for funding success
The video recipe platform has raised $27m in funding in a round featuring existing investors YJ Capital and Gumi Ventures.
Paradata looks to ship in $10m
The supply chain management platform plans to close a $10m series A1 round that will include the first investment from SAP’s new fund, SAP.IO.
Citi seeks Clarity in $11m series B
Clarity Money, which launched its personal finance management app in January, has already closed its second funding round, which was co-led by Citi Ventures.
WayUp turns to corporates in series B round
Axel Springer and CAA Ventures joined existing backers for an $18.5m round led by Trinity Ventures that will support the recruitment platform’s technology development.
Alteryx processes $126m IPO
The Thomson Reuters-backed data analytics platform developer floated at the top of its range and its stock finished almost 11% up on its first day of trading.
SoftBank to drive $1.5bn round for Grab
The Southeast Asian ride ordering platform is set to raise $1.5bn in a new round likely to include $1bn from longtime investor SoftBank.