The Nan Fung-backed neurological disorder treatment developer has raised $135m in funding in the past two years.
Month: May 2018
Nan Fung’s Pivotal fund closes at $150m
Life sciences incubator and company builder Pivotal Bioventure Partners China, part of Nan Fung Group, has closed its latest fund at $150m.
Nio puts foot down for $2bn IPO
Lenovo, Tencent, Baidu and JD.com could all potentially exit the smart vehicle developer, which has confidentially filed for a US offering.
Ant Financial seals $10bn
Alibaba’s financial services affiliate is now the most valuable VC-backed startup of all time, having reportedly closed funding in a GIC-led round.
Getaround meets SoftBank on way to $100m
US-based peer-to-peer car sharing service Getaround is in the process of raising approximately $100m from investors including telecommunications and internet conglomerate SoftBank, Axios has reported. Getaround’s platform lets users rent out their vehicles to each other in return for a 40% commission fee. It handles the process of locating, booking and unlocking cars through a… Continue reading Getaround meets SoftBank on way to $100m
DHC computes $198m investment
Tencent invested $198m in Beijing DHC Chengxin Computer Technology, taking a 24.7% stake and signing a partnership agreement.
News round up 29 May 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.
Jirnexu gets next to SBI in $11m round
Existing investor SBI led the financial comparison platform’s series B round, with SIG Asia Investments also investing.
Strata Oncology straps down $26m
Pfizer Ventures and Merck GHI both contributed to the cancer care technology provider’s series B round, taking its overall funding to at least $38m.
SNCF boards Platform.sh in $34m series C
Platform.sh boosted its overall funding to $47m, raising cash in an SNCF Digital Ventures-backed round that will support US growth.
Sociolla sucks up $12m
The Sinar Mas and Yahoo Japan-backed EV Growth led the beauty e-commerce platform’s latest round, which included existing backer iStyle.
Dialpad takes TalkIQ as corporates exit
Speech recognition technology developer TalkIQ has been acquired by Dialpad, enabling Line and Salesforce Ventures to exit.
GCV Symposium Day Two: The morning session
The morning of the second day covered university venturing, intellectual property in healthcare, and the potential in Africa and India.
GCV Symposium Day Two: The future of media
The second day of the event featured a round table on the media industry, carried out under Chatham House rules to encourage free discussion.