Data research and analytics firm Nordic Web has launched an angel fund that will invest in up to 15 early-stage startups based across Denmark, Finland, Iceland, Norway and Sweden.
Month: November 2017
Biolinq relates to $10m series A
US-based digital health technology developer Biolinq closed a $10m series A round today led by M Ventures, the corporate venturing arm of Merck. Hikma Ventures, the investment division of pharmaceutical firm Hikma, also contributed funds, as did Grey Sky Venture Partners, Three Leaf Ventures, LifeSci Venture Partners and assorted individual investors. Founded in 2012, Biolinq… Continue reading Biolinq relates to $10m series A
IDG Ventures pulls in $10m from Unilever
Unilever Ventures has committed $10m to the IDG Ventures India Fund, with the money going towards startups operating in the consumer and digital spaces.
SoftBank grows Vision Fund team
The internet and telecoms conglomerate has added a range of executives to its global team managing the $97.7bn Vision Fund.
Niantic catches $200m series B
US-based augmented reality (AR) mobile game developer Niantic has raised $200m in a series B round that included internet company NetEase, the Wall Street Journal reported yesterday. Brand services provider You & Mr Jones also participated in the round, which was led by Spark Capital and included Founders Fund, Meritech and Javelin Venture Capital. Niantic… Continue reading Niantic catches $200m series B
Good Doctor to specialise in $1bn IPO
Ping An Good Doctor, an online healthcare platform backed by Ping An Insurance, is targeting a $1bn initial public offering in Hong Kong as early as the first half of 2018.
Huochebang heads for $2bn merger
Huochebang, backed by Baidu and Tencent, is set to merge with its local peer Yunmanman in a deal that would value the combined entity at more than $2bn.
Corporate venturing deal net: 20-24 November 2017
KaHa, the Singapore-based wearable internet-of-things product developer also known as CoveIoT, has received $4.5m in a round that included a $500,000 investment by Titan, a jewellery retail subsidiary of conglomerate Tata Group, Tech in Asia reported on Tuesday. The round also featured Spring Seeds Capital, the venture capital arm of state-owned agency Spring Singapore, and… Continue reading Corporate venturing deal net: 20-24 November 2017
DG Lab enters Blockstream
Blockstream has raised cash from DG Lab Fund I, the investment vehicle formed by Digital Garage and Daiwa Securities, taking its total funding to $80m.
Analysis: Lyft hails additional $500m
In addition to the $1bn series G round led by CapitalG, US-based ride hailing platform Lyft now puts another $500m into its coffers. This latest round comes to highlight the upward trends in the ride hailing and car sharing space.
Inagora inks $68m series D deal
Itochu, KDDI and SBI Holdings have all invested in the cross-border mobile commerce platform to increase its total funding to $109m.
Crescent creates $150m venture capital arm
The UAE-based conglomerate has diversified into direct VC investments, and will put half the cash into MENA-based companies.
WeLab investigates $500m IPO
Alibaba-backed online lending marketplace WeLab is seeking to raise up to $500m in an initial public offering on the Hong Kong Stock Exchange.
SenseTime seeks to schedule IPO
Qualcomm-backed SenseTime has begun exploring an initial public offering and will launch a US-based research and development centre as early as 2018.