The autonomous security system developer, which is backed by NTT Docomo, Konica Minolta and Flextronics, has closed the first half of a mini-IPO.
Month: August 2017
Lakson lights up corporate venturing arm
Lakson Group’s asset management subsidiary has received Pakistan’s first venture capital licence and intends to begin investing in autumn this year.
Meitu augments HiScene’s series B round
Augmented reality goggles and software developer HiScene has received approximately $14.9m in a Shanghai Cableway Investment-led round.
HomeLight gets real to raise $40m
The GV-backed online realtor marketplace has now secured a total of $55m, having raised $40m in a series B round featuring Citi Ventures.
MongoDB makes confidential IPO move
The Salesforce, Intel and Red Hat-backed database software provider, valued at $1.6bn as of 2016, has reportedly filed for an initial public offering.
Investors queue up for a $12bn ride on Uber
Four prospective investors including SoftBank and Didi Chuxing have signed an exclusivity agreement and could buy up to $12bn in primary and secondary shares.
Puls gets in the rhythm to secure $25m
The electronic device repair service has rebranded from CellSavers and raised new funding from investors including corporate venturing unit Samsung Next.
Corporates help buy up $27m of Sale Stock
Indonesia-based e-commerce platform Sale Stock has secured $27m in a series B+ round that included Sinar Mas Digital Ventures (SMDV), the investment arm of conglomerate Sinar Mas, Tech in Asia reported today. Media and entertainment group MNC Media Investment also participated in the round, which was led by venture capital firm Gobi Partners and backed… Continue reading Corporates help buy up $27m of Sale Stock
Zimmer skims off a skin cancer vehicle with $7m
Zimmer BioTech, a skin cancer drug development spinout of Germany-based cryotherapy technology provider Zimmer MedizinSysteme, has raised €7m ($8.2m) in funding. The capital was supplied by High-Tech Gründerfonds, the German state-managed fund backed by a range of domestic corporates, and Zimmer MedizinSysteme itself. Founded in October 2016, Zimmer BioTech is developing a drug that will… Continue reading Zimmer skims off a skin cancer vehicle with $7m
Alliant allies itself with EIP
Energy-focused collaborative private equity firm Energy Impact Partners has secured Alliant Energy as its latest energy utility partner.
Deposit Solutions saves up to buy Savedo
Savings and investment platform Savedo, which had raised about $12m, was backed by WeltN24 and has now been acquired by Deposit Solutions.
Ucpaas loads up $45m with help from M800
M800 has participated in the cloud communication platform developer’s series B round, which was led by Mangrove Capital and backed by Legend Capital.
Glossybox enters The Hut in acquisition deal
The Hut Group has paid an undisclosed amount to acquire Rocket Internet-backed cosmetics subscription service Glossybox in a deal that will help it grow geographically.
Luxe considers parking its assets at Volvo
The carmaker is in talks to acquire assets and intellectual property from Volvo and GV-backed on-demand parking app Luxe, which has raised $75m.