March issue editorial by James Mawson, editor-in-chief
Month: March 2018
Rent the Runway shows off $20m investment
Blue Pool Capital, an investment vehicle for two Alibaba co-founders, has increased the Advance Publications-backed company’s total funding to $210m.
TAE Life Sciences turns up with $40m
The cancer treatment startup, a spinoff of fusion energy system developer TAE Technologies, has publicly launched with an Artis-led series A round.
XGimi gets $95m in latest funding project
Baidu is now the widescreen projector maker’s largest external shareholder, having returned for a round that follows its initial investment last year.
Mindbody takes care of $150m Booker acquisition
Spa and salon management software producer Booker Software had raised $77m across three rounds from investors including First Data Ventures.
Corporates explore Spaceflight in $150m round
Space launch services provider Spaceflight Industries has pulled in funding from Mitsui and the Thales Alenia and Telespazio-backed Space Alliance.
Zhou Heiya greets Tiantu for $475m fund
The publicly-listed fast food retailer has committed almost $80m to a consumer and retail-focused fund that will be managed by Tiantu Capital.
Hanwang hangs funding on 23Mofang
Hanwang Technology is among the participants in a $15.8m round for the genetic testing services provider, which has now raised $23m in total.
Ovo catches Incoming Media for acquisition deal
Ovo has acquired the mobile video technology developer for just over $10m, with Incoming backers Intel, Citrix and Warner Brothers getting stakes in Ovo.
Singha cracks open $25m for venture fund
Singha Ventures will invest in areas such as consumer products, retail, logistics, enterprise healthcare and renewable energy as well as other funds.
Sprim helps spirit $50m to healthcare fund
The healthcare innovation services provider has joined forces with Tikehau Capital for a fund called TKS1 that has reached its first close.
Verizon touches The Fabric in $15m fundraise
The company builder has raised capital from investors including Verizon Ventures and March Capital Partners for a first close of its third fund.
Conga to take Octiv higher in acquisition
GE Ventures is set to exit document collaboration platform Octiv in an acquisition of undisclosed size by Conga.
Zen Rooms moves toward shutdown
Rocket Internet-backed short-term accomodation provider Zen Rooms is in talks with investors for a sale as its capital reserves reportedly dwindle