New Leshi Smart Home, the smart TV affiliate of conglomerate LeEco, has received $437m in funding from investors co-led by e-commerce group JD.com and internet company Tencent, the Financial Times has reported. The round featured 10 participants including consumer electronics manufacturers Lenovo and TCL, real estate developer Evergrande and, according to China Money Network, property… Continue reading New Leshi Smart Home channels $437m
Month: April 2018
Horizon stretches toward nine-figure round
The Intel-backed autonomous driving chip developer is raising hundreds of millions of dollars, while smart EV developer Nio will shortly close a $500m fund.
Razer stakes $61m for the rest of MOL
The gaming equipment maker, which already owns 35% of online payment platform MOL, will wholly acquire the company at a valuation of almost $100m.
Ola prepares to help Vogo shift gears
The scooter rental service is set to raise up to $7m in a round co-led by Ola, Stellaris Venture Partners and Matrix Partners India.
Manbang Group takes $1.9bn capital delivery
SoftBank Vision Fund, Alphabet’s CapitalG unit and Tencent all took part in a round that valued the trucking services platform at $6.5bn.
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Walmart moves toward $12bn Flipkart investment
SoftBank is set to sell a big slice of its stake at a 60% profit as part of a deal that will value the India-based e-commerce company at $20bn.
Nominet logs onto Cylon accelerator
Internet domain suffix operator Nominet will provide financial support for the UK branch of cybersecurity accelerator Cylon as part of a strategic partnership that will run until December 2020. Cylon will also receive in-kind support from Nominet as part of the deal. The accelerator’s other corporate partners include energy company Innogy, defence systems manufacturer BAE… Continue reading Nominet logs onto Cylon accelerator
Chernin Group picks Parsley in $10m round
Parsley Health added Chernin Group to its investors in a series A round that will fund hiring as the healthcare services provider prepares to expand.
Monsanto’s corporate venturing crew comes to DCVC
Kirsten Stead and John Hamer, the two members of the Monsanto Growth Ventures team, are general partners for a $250m Data Collective fund.
RubiconMD runs in series B financing
Optum Ventures co-led a $13.8m round for the online health consultancy portal that included Centene and Heritage Medical Systems.
Line helps measure out $23m for True Balance
Line Ventures and Naver contributed to a bridge round for the mobile balance-checking and recharging app developer, which launched a mobile wallet in December.
Airway clears path to $11m series B
Lung disease therapy developer Airway Therapeutics, a Cincinnati Children’s Hospital spinoff, has now raised more than $22m in total.
PatPat packs in series C funding
Existing investor SIG Asia was among the participants as the maternal and baby clothing retailer raised $47.6m to spend on marketing and supply chain enhancement.