The electric bus producer added new strategic partner Daimler to its stable of corporate investors as it boosted its overall financing to $565m.
Month: September 2018
Eventbrite proves just the ticket in $230m IPO
The Square-backed event ticketing technology provider will float at the top of its range having previously raised almost $360m in equity funding.
Shukla replaces Schuder at HPE Ventures
Abhishek Shukla has become the third managing director to leave GE Ventures in recent weeks, taking an MD role at HPE Ventures.
Rosenberg finds route to M Ventures
Dave Rosenberg has left a managing director position at GE Ventures to head Merck Group unit M Ventures’ New Business Fund.
Corporates reward Hustle in first fundraising
Hustle Fund has raised $11.5m for its pre-seed fund, taking capital from Shanda, Line and Naver.
Reply searches for latest Best in Breed
Breed Reply has launched an eighth call for internet-of-things startups to take part in its Best in Breed scheme.
Moka makes $24m in series B round
SoftBank Ventures Korea joined existing investor Mandiri Capital for a $24m series B round for point-of-sale software producer Moka.
WayRay beams up $80m
Porsche, Hyundai, JVCKenwood and Alibaba have backed a series C round that valued augmented reality technology developer WayRay at $500m.
Freightos loads $44.4m into series C
SGX has led a $44.4m series C for Freightos, a freight services platform that also welcomed back General Electric for the round.
Endotronix enters $45m series D
OSF Ventures and Wanxiang Healthcare Investments are among the backers of a $45m series D round in heart monitoring platform Endotronix.
Airware comes crashing down
Despite raising a reported $118m in funding from investors including Intel, Alphabet, GE, Mitsubishi and Caterpillar, Airware has shut down.
Ola hails another $50m
Tencent, SoftBank and Didi Chuxing-backed ride hailing platform Ola has now achieved a valuation of $4.3bn.
Equillium seeks $86m IPO balance
Biocon, which owns nearly a fifth in the company thanks to a licensing agreement, is in line for an exit when Equillium lists on the Nasdaq Global Market.
Enigma untangles $95m investment
BB&T, MetLife, Capital One and Comcast formed part of a consortium that provided $95m in funding to Enigma, a data analytics company that last raised cash in 2015.