Autodesk-backed 3D printing technology developer Formlabs took its total funding to $100m with a New Enterprise Associates investment that valued it at more than $1bn.
Month: August 2018
Skyline AI homes in on $18m
The real estate value assessment startup raised the capital in a JLL Spark-backed series A round just four months after closing seed funding.
Splice to spit out $1m through media fund
Digital media company and journalism organisation Civil plan to help launch 100 Asia-based media startups in the next three years.
SBI and OSK okay $20m fund
Financial services provider SBI has partnered private equity firm OSK Ventures on a Southeast Asia-focused fund with an initial $20m commitment.
RiskRecon locates $25m in series B round
Dell Technologies Capital has reinvested in the third-party cyber risk assessment platform having led its series A round last year.
Rigetti reveals $50m in funding
The Bloomberg Beta-backed quantum computing system developer said it raised the cash late last year, boosting its total funding to $119m.
Temasek takes a $225m stake in Ola
Temasek has bought a sub-10% stake in Tencent, SoftBank and Didi Chuxing-backed ride hailing platform Ola in a secondary transaction.
Manbang makes tracks en route to $1bn
The trucking services provider, which counts Alphabet, Tencent and SoftBank among its backers, is pursuing a $10bn valuation.
Dada-JD Daojia gets $500m from shopping trip
Walmart put up $320m of the cash for grocery delivery service Dada-JD Daojia while the rest came from another existing investor, JD.com.
Letgo nabs $500m from Naspers
Naspers invested the first $150m of the cash this summer, it revealed, and has pledged another $350m to bring the e-commerce platform’s total funding to $975m.
Freee accounts for $60m series E
The accounting software developer added Line, Mitsubishi UFJ and Life Card to a roster of shareholders that already included Salesforce, Sharp, Recruit and SBI.
Xinai wins $73m in series A
IDG Capital and Huiying Borun have invested in Xinai Sport Media Technology, a joint venture launched by iQiyi and Super Sports Media this week.
TransferMate finds a friend in ING
ING is supplying $24.5m in funding for cross-border payment platform TransferMate, nine months after a $35m investment by fellow bank AIB.
Test.AI gets $11m result in series A
Google’s Gradient Ventures led a round that boosted the total raised by app testing technology developer Test.ai to $18m.