SoftBank Ventures Korea has led a series A round for the co-working spaces provider, while Line, Naver and Sinar Mas Land also contributed cash.
Month: June 2018
Clinical Genomics analyses $26m
Quest Diagnostics returned to back a $26m funding round for Clinical Genomics, which is working on a colorectal cancer test.
Lendix lends itself to $37m deal
Allianz has co-led a funding round for Lendix, which will help the company to expand to additional countries across Europe by the end of the year.
Kuaishou enjoys AcFun acquisition
Kuaishou has acquired AcFun, which was reported earlier this year to have wound down but had in fact experienced a major server crash.
Huobi and Kiwoom launch $93m fund
Huobi and Kiwoom Securities have joined forces with NewMargin Capital to launch a blockchain-focused investment fund.
Pintec processes $103m round
Sina has co-led a $103m funding round for Pintec, which focuses on retail financial services.
Alibaba plants Babytree funding
Alibaba has purchased a 10% stake in Babytree that valued the e-commerce platform at $2.2bn.
Dataminr extracts $221m in funding
Dataminr has secured fresh investment three years after Fidelity and Credit Suisse backed a $130m series D round.
Hyperchain connects to $234m series B
Xinhu Zhongbao has contributed to a series B round for Hyperchain Technologies, which is developing blockchain technology aimed at sectors such as healthcare and energy.
Xiaomi to offer $3bn in China
The smartphone manufacturer, which filed for a $10bn initial public offering in May, is planning to raise up to 30% of the amount in mainland China and the remainder in Hong Kong.
Gumi sets up $30m blockchain fund
Hironao Kunimitsu, founder and CEO of Gumi, and Miko Matsumura, founder of virtual currency exchange Evercoin, are leading Gumi Cryptos.
Ava cycles to $30m B round
In 2016, Ava closed an oversubscribed $9.7m series A round backed by telecommunications company Swisscom and financial services provider Zurich Cantonal Bank.
SQream shouts about corporate backing
The $26.4m series B round included Alibaba, Sistema.vc and Silvertech Ventures.
Propeller Health adds $20m
US-based digital therapeutics company Propeller Health has raised $20m in its series D round led by drug delivery company Aptar Pharma. Hikma Ventures, 3M Ventures and SR One, respective corporate venturing units of pharmaceutical firm Hikma, manufacturing company 3M and healthcare group GlaxoSmithKline, also took part in the round, as did Safeguard Scientifics and Social Capital.… Continue reading Propeller Health adds $20m