Legend Capital has raised $1.1bn for its seventh US dollar-dominated fund, a month after hitting a $448m close just a month ago.
Month: July 2017
Clementia to form $115m IPO
The bone disease therapy developer had raised $92.5m from investors including UCB Pharma across two rounds in 2015.
Dropbox starts IPO preparations
The Salesforce Ventures-backed data storage platform is reportedly seeking underwriters for what could be the largest tech IPO since Snap.
Cloudyn drifts to Microsoft
Microsoft has confirmed it has agreed to buy the Infosys-backed cloud analytics platform, for a price previously touted as up to $70m.
Ex-Intel investment director Gupta forms new firm
WEH Ventures is helmed by Deepak Gupta, who was an investment director at Intel Capital between 2010 and 2014.
TCL helps Wonder reach $14m in funding
The stealth-stage mobile gaming hardware developer has reportedly raised $14m in total, closing a series A round co-led by TCL Communication.
Gome helps give series C funding to iKongJian
Home renovation management platform iKongJian has raised $31m in a Gome Holdings-led round that increased its overall funding to $53m.
Razer aims for $600m in Hong Kong IPO
The gaming product and software provider is set to float in Asia, giving an exit to investors including Hangzhou Liaison Interactive.
Delivery Hero triumphs in $1.1bn IPO
The Rocket Internet-owned Global Online Takeaway Group sold some $148m in shares, as the online food ordering platform floated at the top of its range.
Google maps out Area 120 details
The internal incubator enables employees to pitch a business idea and, if successful, will have six months to work on the project full time and prove its viability.
Kakao drives $437m mobility spinout
Kakao has secured $437m in funding to spin out Kakao Mobility, which will operate a range of services including ride hailing app Kakao Driver.
Zipkin flies out of Takeda
Takeda Ventures senior investment director Ilan Zipkin has become the second high-profile departure from the unit in four months to join the Parker Institute for Cancer Immunotherapy.
Carrier lands at RocketSpace
Jonathan Carrier (pictured), founder and head of UK-based carmaker Jaguar Land Rover’s entrepreneur initiative InMotion, joined RocketSpace’s new London tech campus today to lead its corporate liaison program. He said by email: “Sebastian Peck is the MD [managing director] at InMotion and effectively replaced me.” Carrier said: “Starting Monday I am very proud to be… Continue reading Carrier lands at RocketSpace
Housenbold takes up residence at Softbank
Jeffrey Housenbold had been president and CEO of Shutterfly for 11 years and an entrepreneur-in-residence at venture capital firm Sutter Hill Ventures.