Used car e-commerce platform Carsome has secured $19m in a series B round led by Burda Principal Investments that will fund growth in Southeast Asia.
Month: March 2018
Allegion locks in $50m corporate venturing fund
Allegion Ventures will invest between $250,000 and $5m in physical security technology developers on behalf of its parent company.
Alibaba takes another ride on Ofo
Alibaba has led a $866m debt and equity round for bicycle rental service Ofo having reportedly bought $3bn of stock in January.
JD Finance seeks $2bn deposit
Cofco and China International Capital are in talks to lead a round that would value JD.com’s financial services spinout at up to $30bn.
Upskill undertakes new fundraise
General Electric, Cisco, Boeing and Accenture contributed to a $17.2m round for the AR technology developer that will fund hiring and product development.
Xeris expands series C round to $85m
US-based drug formulation developer Xeris Pharmaceuticals has closed a series C round featuring Mérieux Développement, a subsidiary of healthcare and pharmaceutical holding company Institut Mérieux, at $85m. Mérieux Développement led the round’s $10m final close, investing together with Wild Basin Investments and unnamed members of Xeris’ management team. The funding was secured alongside a $45m… Continue reading Xeris expands series C round to $85m
Atom Tickets gets $60m series C opening
Series B investors Lionsgate, Walt Disney Company and 20th Century Fox all returned for social movie ticketing app Atom’s latest round.
Dropbox looks to capture $648m in IPO
Existing backer Salesforce Ventures has agreed to invest a further $100m in the cloud collaboration platform through a private placement.
Luminoso translates series A1 interest into funding
Digital Garage-backed customer service technology provider Luminoso has secured $12.6m in equity and convertuble note financing.
SoftBank looks to fuse investment activities
The corporate could bring its $97.7bn Vision Fund and Fortress Investment asset management activities under an umbrella called SoftBank Financial Services.
17zuoye stays course to raise $200m
Bytedance has reportedly led the online education provider’s series E round, bringing its overall funding to more than $335m.
RedDoorz books into $11m round
SIG Asia contributed to an $11m round for the hotel booking portal, boosting its overall financing to more than $18m.
Bose to sound out startups with $50m fund
Bose Ventures has been formed to support the audio equipment maker’s newly launched augmented reality platform.
Voicera records $20m in investment
Cisco Investments, Microsoft Ventures, GV, Salesforce Ventures and Workday Ventures all backed a series A round for the digital meeting assistant developer.