Corporates Tencent and China Life are among a range of investors participating in the round, which will fund the newly independent JD Logistics.
Month: February 2018
SafeCharge electrifies Nayax with new cash
The corporate invested an undisclosed amount to take its total commitment to cashless payment technology provider Nayax to $24.5m.
EBay writes off $61m from Snapdeal venture
The e-commerce firm led rounds for Snapdeal totalling $184m in 2013 and 2014, but has written off $61m of its investment according to a financial report.
Toney applies himself to Plexo
GV partner Lo Toney is set to leave the unit once he has closed a separate fund, Plexo Capital, which will back female and minority-helmed VC funds.
Ucommune welcomes new investment
Ucommune, the corporate-backed co-working space provider formerly known as URWork, has raised $17.3m to take its overall funding to more than $470m.
Frank And Oak reaffirms funding
The Bertelsmann-backed clothing brand has raised $15.9m that will go to enhancing its technology, and has now secured $32m in total.
YapStone rocks $71m series C
The payment processing software provider has completed a Mastercard-backed round that took its overall financing to more than $180m.
Coiney mints Stores.jp merger
Coiney, which is backed by Dentsu, CyberAgent and SBI, is set to merge with Stores.jp and form a payment technology company called Hey.
Outdoorsy books $25m series B trip
Aviva Ventures co-led a round that will fund sales and marketing, hiring and geographical expansion for the RV rental marketplace.
XebiaLabs gets $100m series B delivery
The software delivery technology provider secured the capital from investors including Susquehanna Growth Equity and will use it for hiring.
Instacart carries off $200m in series E
The Amazon, American Express Ventures and Comcast Ventures-backed grocery delivery platform is now valued at $4.2bn.
HealthifyMe tracks corporates for $12m series B
Sistema Asia Fund and Samsung Next both invested in the nutrition and fitness app developer, which will use the funding to expand internationally.
SSC snatches Armstrong Industrial for $150m investment initiative
The corporate is one of nine co-investment partners rounded up by Spring Seeds Capital for a scheme that will operate over the next eight years.
Honest Buildings adds a series B extension
Real estate companies Oxford Properties, DivcoWest and Durst Organisation have helped Honest Buildings boost its series B round to $21m.