The New York branch of SAP.io Foundries has showcased its first nine participants in a demo day.
Month: August 2018
Sirius takes a piece of Pie in $11m round
Business insurance startup Pie Insurance has now raised a total of $16m, having received series A funding from backers including Sirius Group.
Seengene seeks out Legend Star in series A
Legend Holdings unit Legend Star participated in a $17.5m round for the augmented reality startup, which is targeting $50m in its next round.
Clobotics closes $21m series A round
Wangsu was among the investors that provided $11m to help the computer vision technology developer complete its series A funding.
Kinnevik migrates $35m to Kolonial
Kinnevik bought a 15% stake in Rasmussen, Varner and Arctic-backed online grocer Kolonial in a primary and secondary transaction.
I-Mab charts path to $500m IPO
Tasly-backed immunotherapy developer I-Mab Biopharma is reportedly eyeing a Hong Kong flotation having recently raised $220m in funding.
Cootek inputs $100m IPO filing
The mobile input technology developer plans to float in the US, two years after raising cash in an SIG-backed round.
Xiaomi helps Tongshifu craft series B round
The copper goods producer has secured more than $45m in a round that included Xiaomi Ventures, reportedly as an existing investor.
Qutoutiao brings forth news of $300m IPO
The Tencent and Xiaomi-backed news aggregation platform was founded two years ago but was reportedly valued at $1.6bn in March.
Walmart finalises $16bn Flipkart investment
SoftBank and eBay are among the exiting investors in the e-commerce marketplace, while Tencent and Microsoft will retain stakes.
Editorial: Tencent plans greater control of Nio
Nio, a China-based smart electric vehicle developer, filed last week to raise up to $1.8bn in an initial public offering in the US but in the details of its offering is an unusual wrinkle for one corporate venturing unit to effectively help control its future strategy through unequal voting rights. Nio’s F-1 filing said: “Each fully paid… Continue reading Editorial: Tencent plans greater control of Nio
KptnCook sails into seven-figure round
Miele Venture Capital supplied an undisclosed amount of funding for KptnCook, developer of a blended recipe and grocery shopping app.
ShopClues reveals $16m in funding
The BCC-backed online marketplace raised the cash over the course of this year, and is preparing to expand internationally.
Yesware sells corporates on $15m round
Shea Ventures and existing investor GV contributed to a round that boosted the email technology developer’s overall funding to $48m.