The NYSE, BBVA, USAA and NTT Docomo-backed cryptocurrency trading platform and wallet developer is now valued at $8bn after a Tiger Global-led series E round.
Month: October 2018
Zoom dashes towards IPO
Qualcomm-backed video conferencing platform Zoom is gearing up for an initial public offering that would reportedly value the company at several billion dollars.
Lyft gains Blue Vision in acquisition deal
GV has exited autonomous driving software developer Blue Vision in an acquisition by Lyft that was reportedly sized at $72m.
Naspers goes home with $96m fund
Naspers, which has had some substantial success with its overseas investments, will fund South African startups through the Naspers Foundry from 2019.
Booking Holdings take a $200m ride on Grab
Ride hailing platform Grab raised the money from the travel and accommodation booking service through a partnership deal that will allow them to offer each other’s services.
Milestone Pharmaceuticals pumps in $80m
Novo has returned for Milestone’s latest round, having led its $55m series C last year, helping the cardiovascular drug developer’s total funding to $167m.
Pintec lends itself to public listing
Sina invested $5m as online financing platform Pintec, which also counts Xiaomi as an investor, went public in a $44.3m initial public offering.
Innovusion gets $30m funding infusion
The lidar technology startup has secured funding in a series A round co-led by Nio’s corporate venturing arm and Fidelity’s Eight Roads Ventures and F-Prime Capital units.
Rakuten to exit as MakeLeaps jumps to Ricoh
Rakuten has scored an exit from digital invoicing platform MakeLeaps after Ricoh agreed to buy the company for a reported eight-figure amount.
Wukongbao claims series B funding
Guohua Life Insurance and 58 Group supplied series B funding for online insurance platform Wukongbao, adding to $15.3m in pre-series A funding in 2016.
Jain jets into Sistema Asia Fund
Sumit Jain has taken on a managing partner job at Sistema’s Asia Fund on the back of nine years at Kalaari Capital which included a role in seeding two VC funds.
Teamable goes for Simppler acquisition
Workday Ventures has exited recruitment matchmaking platform Simppler in an acquisition by Teamable two years after it invested in the company.
QinBaoBao enters series C stage
TAL Education joined conglomerate Fosun and VC firm Shunwei Capital in a round for parenting app developer QinBaoBao sized in the eight-digit dollar range.
News round up 29 October 2018
A round up of all the latest news on www.globalcorporateventuring.com for our subscribers.