Bicycle sharing startup Hellobike has received an undisclosed amount of funding from the electric vehicle developer, three months after closing a series B round.
Month: July 2017
URWork lands Aikang as new investor
Aikang Group’s $29.4m investment in URWork follows two rounds earlier this year that involved Junfa Group and Dahong Group, and Beijing Xingpai, respectively.
Shougang helps reinforce Zhaogang with $73m
Zhaogang has secured $73m in funding from investors including a Shougang-backed fund, countering reports last year that it was gearing up for an initial public offering.
Instarem processes $13m funding transaction
The international money transfer platform will use proceeds from the SBI-backed round to expand throughout Europe and into the US.
Snapdeal turns down nine-figure Flipkart offer
The corporate-backed online marketplace is reportedly holding out for $1bn, having rejected an acquisition offer of between $550m and $900m.
Danke Apartment houses series A+ cash
URWork has contributed to a $14.7m round for apartment rental portal Danke Apartment, which will use the capital to expand into three new Chinese markets.
Science Exchange gets $29m series C result
Science Exchange, a US-based research and development services provider backed by publishing group O’Reilly Media, has received $29m in a series C round led by venture capital firm Norwest Venture Partners. Union Square Ventures, Maverick Capital and Collaborative Fund also participated in the round, and Norwest general partner Casper de Clercq will join the company’s… Continue reading Science Exchange gets $29m series C result
Vector rockets to $21m series A
The Kanematsu-backed satellite launch services startup has now raised $31m altogether and will use the capital to fund upcoming commercial and passenger launches.
Verizon Ventures makes pilgrimage to Israel
The corporate venturing unit has launched an Israeli office that will be led by the former managing director of AOL investment unit Nautilus.
Xometry angles to raise $15m
The manufacturing services provider has now raised about $29m this year, after BMW i Ventures led a round that included existing investor GE Ventures.
HPE lifts Platform9 to $22m series C
The hybrid cloud software developer has now raised $36.5m altogether, after Hewlett Packard Enterprise joined a round led by Canvas Ventures.
Kinvey gives way to Progress in $49m acquisition
Progress Software has acquired business app development platform Kinvey, which had raised almost $18m from backers including NTT Docomo Ventures and Verizon Ventures.
Spotinst positions itself for $15m series A
Intel Capital led the cloud infrastructure technology startup’s series A round, which will support product development and international sales and marketing.
Independent Aftersales receives $41m service
China Harmony New Energy Auto Holding has spun out Independent Aftersales with $41.2m of funding, much of which came from Leaguer Auto and Aouto Investment.