Peer-to-peer lending platform Funding Societies has secured new funding in a series B round led by SoftBank Ventures Korea.
Month: April 2018
Tencent considers $100m bet on Dream11
Dream11, the market leader in India’s daily fantasy sports sector, is in talks with Tencent over a $100m investment at a valuation of up to $450m.
BenevolentAI generates $115m in funding
The AI-focused drug developer received cash from new and existing investors that could include Lundbeck and Upsher-Smith Laboratories.
SpaceX gets $214m of cargo for $500m round
Undisclosed investors have contributed upwards of 40% of a planned $500m round for the GV-backed space services provider, according to a securities filing.
Alibaba branches out with Huitongda Network investment
Huitongda Network, a rural e-commerce spinout of appliance retailer Jiangsu Five Star, has received $717m in funding from Alibaba.
Scality calibrates $60m
All the data storage software provider’s existing shareholders, including BroadBand Tower and HPE, returned for its latest round.
Tala adds $50m to its books
Alphabet-backed microfinance provider Tala secured $50m in a Revolution Growth-led series C round and another $15m in debt financing.
Epistema goes Slack to raise $6m
Slack has invested in data collaboration platform developer Epistema alongside Mithril Capital Management.
PullRequest passes series A review with $8m
Gradient Ventures, the Google unit that led coding review service PullRequest’s December seed round, returned to do the same for its series A.
Qiming catches Mayo Clinic for $935m fund
Mayo Clinic has contributed to venture firm Qiming Venture Partners’ $935m Qiming VI fund, announced alongside a $334m corporate-backed fund.
GV helps form Basis in $133m round
Basis, the creator of a stablised cryptocurrency, has secured funding in a private placement that included GV, through a SAFT offering.
Redaptive installs corporates in $20m round
The energy efficiency services provider has received funding in a CBRE-led round backed by corporate VC units Engie New Ventures and GXP Investments.
Zimplistic whips up $30m
EDBI and Credence Partners co-led the Robert Bosch-backed flatbread appliance maker’s series C round as it expands into new markets.
Cohesity courts SoftBank for $150m round
SoftBank Vision Fund is in line to lead the enterprise data storage software provider’s latest round at a $1bn+ valuation.