Grab has completed the acquisition of Emtek, Gree and Singapore Press Holdings-backed mobile payment portal Kudo for between $80m and $100m.
Month: April 2017
Cohesity stores away $90m
GV has led a series C round that valued the secondary storage technology provider at more than $500m with backing from Cisco, Qualcomm and Hewlett Packard Enterprise.
Zymeworks looks to construct $75m IPO
Eli Lilly is the oncology antibody developer’s largest shareholder, while other investors include Celgene and EMS subsidiary Brace Pharma Capital.
BigBasket aims to collect $150m
Indian e-grocer BigBasket has entered talks with Tencent, Fosun and Amazon for a round sized between $110m and $150m that could value it at $1bn.
HealthEngine motors to series C
The online healthcare marketplace, which is backed by Telstra and Seven West Media, has attracted more than $20m to support expansion plans.
Vtesse accelerates to $200m acquisition
Sucampo has acquired the Lundbeck and Pfizer-backed rare diseases treatment developer for $200m in stock and cash, less than a year after it closed a $42m series A round.
GV entertains Craig Kornblau as advisor
Craig Kornblau, president of Universal Pictures for 15 years, will advise the CVC unit on media and entertainment deals and provide help for its portfolio companies.
Bangkok Bank sets up InnoHub
InnoHub is a fintech accelerator collaboration between the Thai financial services firm and accelerator Nest.
Xiaolu Yiguan attends to $14.5m series B
IDG Capital-backed Xiaolu Yiguan, which offers traditional Chinese medicine and health consultancy, has raised 14.5m in a round co-led by Redpoint Ventures and Sinovation Ventures.
Telus gets in position for Rx Networks exit
Telus will retain a stake in spinout Fathom Systems as its parent company, mobile positioning systems provider Rx Networks, agrees to be bought by BDStar for $23m.
Filament connects to corporates for $15m
The internet-of-things technology developer has raised cash in a round co-led by Verizon that included Intel, JetBlue, CME Group, Flextronics and Samsung.
Solid Biosciences aims to fortify with $50m
The Duchenne muscular dystrophy gene therapy developer has achieved the first close of a series C round backed by existing investor Biogen.
Legend Capital hits $400m for seventh fund
Legend Holdings’ venture capital arm has closed its latest fund after reaching its $400m hard cap.
Robinhood bags funding at $1.3bn valuation
The Alphabet-backed stock trading app service has raised an undisclosed amount in a round led by new investor DST Global.