Qihoo 360 Technology has joined forces with Beijing Cultural Center Fund to launch an investment fund aimed at internet and culture-focused companies.
Month: January 2018
Maxi Mobility racks up $160m
Existing investor Rakuten returned to take part in a round that valued the Iberian and Latin American ride hailing platform at $1.4bn.
Sinclair returns to Pioneer Square
Sinclair Digital has joined a range of fellow existing investors to provide $15m of fundng for startup studio Pioneer Square Labs.
Google visits the House for AI fund
UC Berkeley-related artificial intelligence companies could receive up to $120,000 under the university’s partnership with incubator the House and Google.
PacketFabric weaves $25m series B
PacketFabrics operates a network management service across more than 150 colocation facilities in 17 US markets.
An exciting year ahead for cryptocurrencies
Jalak Jobanputra, Future Perfect Ventures, looks to what 2018 has in store for the cryptocurrency world.
Choose your top GUV article of 2017
Global University Venturing invites its subscribers to choose the most important read of the year
Choose your top GGV article of 2017
Global Government Venturing invites its subscribers to choose the most important read of the year
Roofstock houses $42m series C
Roofstock, a US-based online marketplace for single-family rental homes, obtained $7m in a series C extension on Thursday that featured real estate firm Asia Pacific Land and brought the round’s total to $42m. SVB Capital also joined the extension. Roofstock raised $35m in an initial tranche in October 2017 from investors led by Canvas Ventures,… Continue reading Roofstock houses $42m series C
Snow acclimatises to $50m
South Korea-based selfie camera app developer Snow has received $50m in funding from telecoms and internet conglomerate SoftBank and VC firm Sequoia China, TechCrunch reported today. SoftBank and Sequoia China now own a 20% stake in Snow’s China business unit between them. Japan-based internet company Naver originally launched Snow as an ephemeral messaging service similar… Continue reading Snow acclimatises to $50m
Carousell rides $45m wave
Rakuten-backed Carousell was previously reported to have secured between $70m and $80m in its series C round, but financial documents now put the figure at $45.3m.
Home24 to move into stock exchange
Rocket Internet-backed online furniture store Home24 is preparing an initial public offering for this coming summer.
Pandion catches $58m series A
US-based biotechnology company Pandion Therapeutics raised $58m in a series A round on Thursday from a consortium co-led by Roche Venture Fund, the investment unit of pharmaceutical firm Roche. Polaris Partners and Versant Ventures co-led the round, which also featured SR One, the corporate venturing division of pharmaceutical firm GlaxoSmithKline, and BioInnovation Capital also participated.… Continue reading Pandion catches $58m series A
Partech targets African startups
Orange, Edenred and JCDecaux have put their weight behind Partech Africa, which has now secured more than $70m in funding towards its $123m target.