The China Resources Enterprise-backed CRE Alliance has paid $40m for a minority stake in the online tutoring service.
Month: April 2018
Illumina Acclerator calls in new cohort
Startups targeting fertility, PTSD and fungal skin infections are all in the frame for funding as Illumina Accleerator launches its seventh batch.
Dosh cashes in with $44m
PayPal was among the investors as the consumer cash-back platform completed a series A round that will support product development.
10x Genomics takes $50m
SoftBank made its second investment in the genomics tool developer as part of a round that enhanced its total funding to $185m.
Salesforce helps fit $24m into IFTTT
The IoT integration platform developer boosted its overall funding to $63m in a Salesforce Ventures-led round featuring IBM.
V-Wave breaks $70m in series C round
Existing investors Edwards Lifesciences and Johnson & Johnson contributed to a round that took the medical device developer’s total funding to almost $105m.
NLight lasers in on public markets with $96m IPO
The Samsung Ventures-backed laser manufacturing technology developer popped 56% after floating above its range last week.
Investors pump $39m into Cardiac Dimensions
The Johnson & Johnson-backed cardiac medical device developer has completed a series B round that will fund clinical tests for its technology.
VIPKid to enrol investors in $500m round
The online tutoring platform, which raised $200m in a Tencent-backed round last August, plans to double its valuation in its latest round.
Raksul books IPO spot
Printing services provider Raksul, which has raised more than $68m from backers including Gree, Opt, GMO, Itochu, Plus, Mixi, Yahoo Japan and Nippon Life, will list in Tokyo.
Flexport gets $100m shipment from SF Express
SF Express made a strategic investment in the freight logistics platform, which is also backed by Bloomberg Beta and GV.
Crescendo composes $70m series B
Astellas-backed immuno-oncology drug developer Crescendo Biologics has secured $70m in a Takeda Ventures-backed round.
Edtech companies raising multimillion rounds
Two China-based education companies appeared in the news last week for having raised and aiming to raise multi-million rounds. Online education platform Knowbox raised a $100m series C round, while based online language learning service iTutorGroup was reported to be seeking to close $300m round by the end of May.
Corporate venturing deal net: 23-27 April 2018
Templum, the US-based creator of a trading platform for digital assets, completed a $10m funding round on Monday featuring financial services firms SBI Holdings and Raptor Group. The company had previously raised $2.7m in an October 2017 round that was led by Raptor Group and backed by Galaxy Investment Partners, Blockchain Capital and Firstminute Capital.… Continue reading Corporate venturing deal net: 23-27 April 2018