On-demand car rental service Revv has secured $14.3m in a round led by carmaker and new strategic partner Hyundai.
Month: August 2018
Legend Capital goes Gaga in $26m series A
Legend Capital has led a series A round for teahouse chain Gaga Cafe, which also attracted an unnamed industrial investor.
CassTime tunes up with more series B cash
Fosun RZ Capital returned to back a $36.4m series B3 round for car services provider CassTime Technologies, bringing its total series B funding to $95m.
Nylas nails down series B funding
Slack was among the participants as the application communications technology developer raised $16.2m to more than double its overall funding to $30m.
USAA returns to Robin Systems in $17m round
Application management software provider Robin secured funding in a USAA Ventures-led series B round that took its total funding to $39m.
Latch admits corporates to $70m series B
Property developers Tishman Speyer and Camber Creek took part in a Brookfield Ventures-led round that boosted the security system developer’s total funding to $96m.
One Medical makes $350m appointment with Carlyle
Carlyle Group is investing up to $350m in healthcare provider One Medical through a primary and secondary share deal.
Alibaba allots substantial capital to Trendyol investment
Alibaba’s investment in Trendyol has been revealed to be a majority stake acquisition that valued the e-commerce marketplace at $750m.
Drone Fund seeks out $45m close
KDDI, Sega Sammy, Aucfan, Japan Asia Group, Leave a Nest and Nihon Unisys are all backing the fund on its way to a projected close next month.
Ascension pushes Renovia to $32m series B
Renovia, a developer of technology to treat pelvic floor disorders, raised money in an Ascension Ventures-led round backed by OSF Ventures.
Latitude gets Sinar Mas assistance for $200m fund
Latitude Venture Partners, a growth-stage venture capital affiliate of Sinar Mas, has raised $200m for its inaugural fund.
Ascentage approaches Hong Kong IPO
Ascenta spinoff Ascentage Pharma, which also counts 3SBio and Unity Biotechnology as backers, has filed to float having raised about $235m in funding.
Rakuten catches Black Fish in $50m round
Rakuten Ventures has co-led a $50m series A-plus round for e-commerce company Black Fish that also featured a Fullshare Group subsidiary.
Ant Financial puts IPO on the back burner
Ant Financial, the financial services affiliate of China-based e-commerce group Alibaba, has postponed plans for an initial public offering until at least the end of 2019, the Financial Times reported on Monday. The company was rumoured to be gearing up for a flotation as early as this year, but people familiar with the matter told… Continue reading Ant Financial puts IPO on the back burner