Alternative investment platform iCapital Network has added Morgan Stanley to a round already featuring UBS and BlackRock, taking its total funding to $50m.
Month: July 2017
Viber pounces on Chatter Commerce
E-commerce keyboard app developer Chatter Commerce has been acquired by Viber, having raised $1.25m in a round led by parent company Rakuten.
Betterment bolsters series E to $170m
The Citi and Northwestern Mutual Life-backed online financial advisor has raised $70m in a Kinnevik-led extension to the $100m it secured in March last year.
Snapdeal acquisition becomes more complex as Infibeam approaches
E-commerce firm Infibeam has reportedly bid $700m for corporate-backed Snapdeal, which looked likely to be bought by Flipkart, in a deal that would allow its founders to stay.
Iqianbang crowds in $74m for series B round
Shanda-backed Iqianbang has secured series B funding as part of a strategic partnership to help Shenzhen Grand Electronics expand into the financial sector.
Permira banks on Klarna
Permira has become a strategic investor in Visa-backed payment services provider Klarna in a secondary transaction reportedly valued between $225m and $250m.
Big Deal: Grab snatches $2bn
Existing investors SoftBank and Didi Chuxing invested $2bn at a $6bn post-money valuation, and Grab aims to use the money to expand its services far beyond ride hailing.
Clara Labs produces $7m result
Slack Fund participated in a series A round that the virtual assistant developer will use to expand its sales and marketing teams.
Corporate venturing deal net: 17-21 July 2017
Financial marketplace operator Tradeweb Markets has provided an undisclosed amount of funding for DealVector, the US-based developer of a registry and communication platform for fixed income assets, the companies said yesterday. DealVector, which was founded in 2012, had secured $28.8m in equity and debt financing from a total of 25 investors that may include DealVector… Continue reading Corporate venturing deal net: 17-21 July 2017
Ant Financial pays into VFinance
Alibaba’s financial services affiliate has made an investment of undisclosed size in digital finance technology provider VFinance as part of a strategic partnership agreement.
JII finds Reliance to raise $25m
Reliance Industries will hold a 20% share in the newly formed Jerusalem Innovation Incubator, as will fellow corporate backer Motorola Solutions.
Samsung recognises Imagry in $7m round
Samsung joined existing investor Takwin Labs to invest $7m in the real-time imaging technology developer, which is also a Microsoft accelerator graduate.
Comcast and Liberty Global join Integrate’s series D
Demand orchestration software provider Integrate raised $8m in the round, increasing its overall funding to $35m since 2010.
Graphcore frames $30m series B
Robert Bosch Venture Capital, Samsung Catalyst Fund and Dell Technologies Capital backed an Atomico-led round that doubled the machine intelligence startup’s total funding.