The company has revealed a $7.8m series B and $46.6m series C round, the latter featuring Terminus Technologies and the Focus Media-backed Guangkong Zhongying Capital.
Month: January 2018
Goji goes to Axa for funding
Axa Strategic Ventures has backed an Anthemis-led round of undisclosed size for online lending platform and technology provider Goji.
Klawitter climbs aboard InMotion
Lars Klawitter has been appointed as InMotion Ventures’ executive director for strategic business, having spent more than a decade at Rolls-Royce.
Vaccitech gets GV-backed funding injection
The corporate venturing unit co-led the vaccine developer’s $27.1m series A round with Oxford Sciences Innovation and Sequoia Capital China.
Bugsnag snares $9m
GV led software bug detection platform Bugsnag’s latest round, which increased its overall funding to more than $17m altogether.
MetLife unleashes $100m co-investment arm
The insurance group launched strategic investment vehicle MetLife Digital Ventures alongside an accelerator partnership with Techstars.
Solaria swallows $23m
The solar energy technology developer, which counts a range of corporates as past investors, has raised cash from Presidio Partners, Kline Hill Partners and Structural Capital.
WeWork India gets Embassy as an investor
Real estate developer Embassy Group has provided $15.7m for WeWork India, a spinoff of co-working space provider WeWork.
Big Deal: Auto1 accelerates with $565m
SoftBank Vision Fund has acquired a sizeable stake in automotive e-commerce platform Auto1, its first Germany-based investment.
Retailers compete for Boxed acquisition
American Express Ventures could exit bulk-buying e-commerce platform Boxed, which is considering acquisition offers of up to $500m.
Zelgen sells Minsheng on $62m series B
Minsheng Life Insurance has co-led a series B round for Suzhou Zelgen, which is developing drugs for diseases including cancer.
JD Logistics to pick up $2bn
JD.com has invited investors including Hillhouse Capital and Sequoia Capital China, to invest in its logistics subsidiary at a $10bn valuation.
Alibaba reportedly acquires $3bn of Ofo shares
Alibaba has bought $3bn of shares in Ofo from another existing backer, GSR Ventures, according to a relative of GSR’s managing director.
Maoyan Weiying to promote $1bn IPO
The company, which holds the largest share of China’s mobile ticket retail market, is backed by Tencent, Meituan-Dianping and Enlight Media.