Victory Park Capital, which provided debt financing to Rocket Internet-backed luxury online pawnbroker Borro in 2014, has bought a majority stake in the company.
Month: December 2017
Anaplan puts together $60m series F
Corporate venturing unit Salesforce Ventures returned to invest in a round that valued business planning platform Anaplan at $1.4bn.
LivaNova imbibes ImThera in $225m deal
LivaNova will pay $78m up front to acquire sleep apnoea device maker and portfolio company ImThera Medical in a deal that could reach $225m.
Neon Therapeutics lights up $106m series B
Pharmaceutical company Pharmstandard International contributed to a $36m extension of a series B round for US-based immuno-oncology treatment developer Neon Therapeutics yesterday, bringing the total raised for the round to $106m. Conglomerate Access Industries also contributed to the extension alongside Fidelity Management & Research Company, Partner Fund Management (PFM), Wellington Management, Arrowmark Partners, Nextech Invest,… Continue reading Neon Therapeutics lights up $106m series B
Chehejia charges to series B round
Electric vehicle developer and rental service Chehejia has raised $151m in a round backed by insurers China Taiping and Ping An.
Nexenta enters next stage with $20m
Nexenta, already backed by several corporates, has entered into a strategic partnership with SoftBank as part of a $20m funding round.
Lyft upgrades CapitalG-led round to $1.5bn
Existing backer Rakuten was also among the investors, as on-demand ride service Lyft added $500m to a round that values it at $1.5bn post-money.
LaunchDarkly programs $21m series B
Redpoint Ventures and Vertex Ventures have funded the Bloomberg-backed software management tool developer’s series B round.
ReversingLabs gets $25m result
JPMorgan Chase has co-led a series A round for cybersecurity software provider ReversingLabs that will support international growth.
Google Launchpad lets on 24
Internet technology provider Google has announced the 24 startups that will make up the 2018 batch of its Launchpad Accelerator. Launchpad provides companies with equity-free support, a two-week bootcamp at Google’s US headquarters in San Francisco, mentorship from Google and venture capital experts, credits for Google products, media training and six months of support in… Continue reading Google Launchpad lets on 24
Mytonomy mines corporates for $7m
Mytonomy, the developer of a patient education platform for hospitals, has raised money in a series A round backed by Philips and MedStar Health.
Tengelmann helps serve $10m to Chefs Plate
Canada-based meal kit delivery service Chefs Plate has secured C$10m ($7.9m) in a series C round that included Emil Capital, a corporate venturing subsidiary of retailer Tengelmann. Venture capital firm Acton Capital Partners and investment firm InvestEco Capital also contributed to the round alongside financial services firm Comerica Bank. Founded in 2014, Chefs Plate provides… Continue reading Tengelmann helps serve $10m to Chefs Plate
Denso conducts funding for Canatu
Denso invested half the money in a $14.2m round also backed by Faurecia that took the 3D conductive technology developer’s total financing to $57m.
Corporates count down as iClick heads to IPO
Bertelsmann and Sumitomo are set to score exits as marketing technology producer iClick Interactive seeks to raise $53m when it floats.